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No bond notes introduction date yet

by Thobekile Zhou
31 Oct 2016 at 07:05hrs | Views

The Reserve Bank of Zimbabwe has no clue when bond notes would be introduced as no date has been set, Governor  John Mangudya said.

Mangudya, according to reports he is not aware of the impact of the controversial bond notes in the market.

However, from today awareness campaigns on bond notes would be rolled out.

"Starting on Monday (today), we will be in the six weeks public awareness campaign for the introduction of the bond notes so that the public gets to know the features of the notes" he said.

"I can note divulge the exact date for their release because of security issues and doing so is tantamount to failing in our duties as monetary authorities,".

On likely impact he said "I wouldn't know the impact the bond notes will have in easing the current cash shortages facing the economy".

Source - Byo24News