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Withdraw all cash in banks, informal sector told

by Staff Reporter
12 May 2016 at 13:31hrs | Views
Zimbabweans have been urged to immediatly withdraw all their cash in banks.  Zimbabwe Informal Sector's Organization Director Promise Mkwanazi made the call to all those in the informal sector  saying the introduction of Bond notes will wipe all their savings. 
"The people in the informal sector must with immediate effect withdraw their money from the banks and secure it elsewhere as we assess the situation" he said. 
"History has it that when we transited from  Zim-dollar to US-dollar so many people lost so much money and it has not been compensated." 
Banks are currently allowing clients daily withdrawls of only $200.

Source - Online