Bulawayo24 News - Skyes! "it makes perfect sense"

Zimbabwe government defies calls to abandon Zimdollar as it continues to lose value

Inflation in Zimbabwe is currently at 75%, and is expected to rise even higher in the coming months. This is due in part to the government's decision to print more money in an attempt to finance its budget deficit.The Zimdollar has also be…

Published: 19 May 2023 at 08:41hrs | 21 | by Staff Reporter

Zimbabwe to print $400 million bond notes

ZIMBABWE will print ZWL$400 million bond notes which it says will be drip-fed into the economy to cover the gap left after government banned the use of multi-currencies in local transactions.This was revealed by Finance minister Mthuli Ncu…

Published: 02 Jul 2019 at 08:32hrs | 3 | by Staff reporter

10 Implications of de-dollarization and introduction of the Zim dollar

Wheels have finally come off as government has been cornered and forced to involuntarily de-dollarize without a plan.When government introduced bond notes we warned that the surrogate currency was bad money that was going to chase good mon…

Published: 24 Jun 2019 at 21:01hrs | | by Tapiwa Mashakada and Miriam Mushayi

'Float or demonetise bond notes,' says experts

RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya is this week expected to present the monetary policy statement amid calls that he should address the deep-seated currency challenges which are affecting the economy.This comes at a time…

Published: 27 Jan 2019 at 19:18hrs | 3 | by Staff reporter

The Hard Truth About The Fuel Price Increase

Sometimes the truth hurts. And in this case, it really hurts. The price increases were both necessary and proportional.  The economy needs them. The country needs them.  However there has been much media coverage about Zimbabwe h…

Published: 17 Jan 2019 at 09:58hrs | 2 | by Faith Hope

Zimbabwe bond notes under siege

The bond note is increasingly suffering rejection from the corporate sector after Delta Corporation Limited went public on Wednesday saying it will be selling its products in hard currency.Delta said the move was aimed at sustaining its op…

Published: 04 Jan 2019 at 19:31hrs | 2 | by Staff reporter

'We want unity!' says desperate VP Mohadi - new GNU will NOT end economic meltdown

Zimbabwe's economic situation is getting worse and worse by the day; as much as President Mnangagwa and his Zanu PF friends would want to ignore it, it is now clear that they cannot do so. The regime has tried everything and nothing has wo…

Published: 11 Dec 2018 at 07:21hrs | 8 | by Patrick Guramatunhu

Bond notes have brought misery and suffering

Dear Government, We cant progress if we dont accept reality and correct our shortcomings! It's a fact that bond notes have brought more problems to our sick economy. The bond note prescription is adding more poison to the sick economy and …

Published: 10 Dec 2018 at 13:07hrs | | by Munya Shumba

Mthuli Ncube in currency volte-face

Finance minister Mthuli Ncube, who two months ago indicated that he would prioritise currency reforms, including demonitising the country's fiat currency last Wednesday made a huge climb down on the proposed move.Zimbabwe abandoned its loc…

Published: 04 Dec 2018 at 20:37hrs | 5 | by Staff reporter

'Bond notes have been a success'

RESERVE Bank of Zimbabwe governor John Mangudya had a torrid time at the pre-budget seminar for legislators in Bulawayo last week when he was grilled over currency problems bedevilling the country.The MPs told Mangudya that the government'…

Published: 11 Nov 2018 at 12:26hrs | | by Staff reporter

You shall not crucify Zimbabwe on a cross of bond notes

RECENT dramatic events arising from allegations that certain officials of the Reserve Bank of Zimbabwe (RBZ) have been involved in currency malfeasance using the bond note as their lever to execute transactions that prejudiced the people o…

Published: 03 Nov 2018 at 08:08hrs | 10 | by Colls Ndlovu

Bond notes disaster: Zimbabweans count costs after a week of madness

Mary Muchenje bolted out of a pharmacy in Harare's Avenues area, only to stop a few metres away scratching her head.Muchenje's world had just crumbled after the pharmacists informed her she needed US$400 cash to buy medication for her grav…

Published: 14 Oct 2018 at 09:59hrs | | by Staff reporter

Cimas accepting RTGS, FCAs

One of the country's leading medical aid societies, Cimas, said its members should continue to pay their contributions through payment modes made available to them by the regulatory authorities.This comes as other societies and health fund…

Published: 13 Oct 2018 at 14:07hrs | 1 | by Staff reporter

Bond notes vs US Dollar simple explanation in isiNdebele

Nxa lingabuzwa ngabasemakhaya ngezenzakalo zemali libachasisele ngalindlela ukuthi bazwisise:Uhulumende wabuya lamadonki akhe wahlanganisa lenkomo zenu amaBrahma wathi yena kuyafana 1 ka1, ngenxa yokuthi konke ungabophela enqoleni njalo ko…

Published: 05 Oct 2018 at 09:50hrs | 2 | by Social media

Zimbabwe to phase out 'untenable' bond notes?

There is consensus in Government that bond notes have largely served their purpose and are "not tenable" within the context of Zimbabwe's new economic growth trajectory.Finance and Economic Planning Minister Patrick Chinamasa has projected…

Published: 14 Jan 2018 at 07:49hrs | 3 | by Staff Reporter

Illegal cash traders in Zimbabwe - An economic analysis with Tryson Dube

In this crippled economy of Zimbabwe that is barely surviving. 'A lot' of people depend on the informal sector. Many of these people are living with income below the poverty datum line; 'plastic money' cannot be the only solution to the mo…

Published: 20 Dec 2017 at 05:42hrs | | by Tryson G. Dube

'Fantasy world in Zimbabwe'

A Vigil emissary just returned from a clandestine visit home reports finding a fantasy world in Zimbabwe where the government pretends that all is well while sending agents to scour the streets to buy up the remaining dollars.It's not so m…

Published: 30 Oct 2017 at 06:27hrs | | by ZimVigil

DStv Zimbabwe should accept part payment in bond notes

Multichoice Zimbabwe should accept part payment in bond notes, WRITES Leonard Sengere in TechZim.Multichoice is a South African video company and internet company which grew out of M-Net, both of them being owned by Naspers. Multichoice is…

Published: 28 Sep 2017 at 08:17hrs | 2 | by Leonard Sengere

Are the $Bond notes chasing the $USD

As old as about 5 centuries, the Gresham's Law remains a fact. When two or more kinds of money of unequal exchange value are in concurrent circulation, each being available for payments, the other one with inferior value tends to drive the…

Published: 14 Jun 2017 at 16:23hrs | | by Tryson G. Dube

Bond notes need fresh impetus?

Howdy folks!Have you noticed how there is a thriving market for currencies in the streets out there?If you throw a stone at areas around Harare's Roadport, it will hit a money-changer! Well, in fact, you might actually hit two money-change…

Published: 09 Apr 2017 at 08:16hrs | | by Clemence Machadu

Prophet Uebert Angel back, mocks bond notes

Flamboyant preacher Uebert Angel, born Uebert Mudzanire, says Zimbabwe's dying economy will soon thrive again - going on to pooh-pooh bond notes which were introduced by President Robert Mugabe's stone-broke government late last year to mi…

Published: 02 Apr 2017 at 18:31hrs | 1 | by Staff reporter

100 days of bond notes

THE Confederation of Zimbabwe Retailers held a breakfast meeting on the March 23, 2017 to review how bond notes have fared in the prior 100 days.I was part of the panelists who included RBZ Deputy Governor Dr Kupukile Mhlambo, and Professo…

Published: 02 Apr 2017 at 08:19hrs | 1 | by Persistence Gwanyanya

Bond notes are temporary, says Mugabe

PRESIDENT Robert Mugabe sat and casually snacked on imported American Lay's potato chips, with a bottle of South Africa's Valpre water set on a table in front of him.As the newly turned 93 year-old leader slowly munched away, his ruling pa…

Published: 02 Mar 2017 at 05:47hrs | | by Staff reporter

Forex shortage threatens Zimbabwe's bond, dollar parity

The shortage of foreign currency is threatening the parity between the United States dollar and the Zimbabwean bond note and there are fears the shortage could resurrect the US$ black market as companies battle to stay afloat, analysts hav…

Published: 05 Feb 2017 at 07:59hrs | | by Ndamu sandu

Bond notes likely to feed corruption

Where opacity and unaccountability thrive, corruption grows in direct proportion. The elite, like many other people in positions of influence, get carte blanche to abuse and manipulate systems. This is because citizens cannot see or hear w…

Published: 22 Jan 2017 at 12:29hrs | | by Tawanda Majoni

Why EcoCash will be banned in 2017

This week, I will be giving you an update on how Zimbabweans are responding to bond notes. In particular, my view that EcoCash in its current form will not exist by the end of 2017.1. A friend has noticed that in his shop, customers have s…

Published: 08 Jan 2017 at 13:48hrs | | by Shariffah Pateya (Khuluma Afrika)

Accept bond notes at your own risk

To fellow ZimbabweansIt is sad and painful to see Zimbabwe's economy being destructed to 0.001percent by Zanu government.Introduction of bond notes is a strategy introduced by the cruel regime called Zanu.It is a blasphemy to go on telling…

Published: 12 Dec 2016 at 11:42hrs | 2 | by Sikhumbuzo Moyo

Did you know? #bankchargesmustfall

It costs $3 to withdraw the daily (bond note) limit of $25 in bond notes from Stanbic bank.The USD daily ATM withdrawal limit has been reduced to $50 from $100. This costs $2.50.It costs  $5.50 to withdraw the full daily limit of $75,…

Published: 12 Dec 2016 at 11:36hrs | 1 | by Edmund Eddy Madzonganyika

Zim Economy Is in the Emergency Room, We Need Long Term Measures

Zimbabwe is on the verge of collapsing economically as we speak our economy is in the intensive care unit. We need to put our heads together as a nation and bring solutions to the fragile economy. There are a number of factors which needs …

Published: 07 Dec 2016 at 21:14hrs | | by Wezhira Sam

Bond notes lapped up like honey, state media says

Zimbabweans are snapping up bond notes at neck breaking speed, state media has claimed.Writing in his Friday column, Spectrum, Herald Deputy Editor Joram Nyathi said bond notes are being "lapped up like honey" describing Reserve Bank of Zi…

Published: 02 Dec 2016 at 11:15hrs | | by Mary Charamba

Of bond notes and media deception

Nothing could be more pig-sickening than a packet of lies in black and white. It could be easier to forgive if it is taken as reckless abandon to detail by the writer, but becomes atrocious when it is a sustained agenda to frame reality in…

Published: 01 Dec 2016 at 13:17hrs | 3 | by Rungano Dzikira

Bond notes demo crushed

State controlled media reports that an attempt by members of the National Electoral Reform Agenda (NERA) to hold a demonstration against the introduction of #bondnotes flopped in Harare yesterday as it was largely ignored by the public.Mem…

Published: 01 Dec 2016 at 04:40hrs | 4 | by Staff reporter

Police to crush today's planned 'grand' demo over bond notes

THE government has threatened to crush today's planned "grand" demonstration over the introduction of #bondnotes, but Tajamuka/Sesijikile and other organisers have vowed to fight back, vowing no amount of violence will stop them.Home Affai…

Published: 30 Nov 2016 at 05:23hrs | | by Staff reporter

The bond notes will fail in the same way the Zimdollar

.....and the bearers' cheque failed The Zimbabwe dollar that was inherited from the Rhodesian government in 1980 with the exchange rate of one to one with the US dollar collapsed in 2009. The Rhodesian government used the dollar for the re…

Published: 29 Nov 2016 at 21:13hrs | | by Themba Mthethwa

Zimbabwe braces for the worst as bond notes introduced

Zimbabwe's cash-starved economy needs a quick fix, and the government has come up with a solution: bond notes. Due to be introduced on Monday, the new legal tender is supposed to solve the liquidity crisis. But Zimbabweans are nervous, and…

Published: 28 Nov 2016 at 10:12hrs | 3 | by Simon Allison

The final nail in Zimbabwe's coffin

Despite the government's last-minute hesitation, the Reserve Bank has announced that it is to release its monopoly money on Monday - widely seen as the final nail in the coffin of the Zimbabwean economy.Human rights lawyer Irene Petras sai…

Published: 27 Nov 2016 at 16:34hrs | | by ZimVigil

Bond notes: When mere depositors debate

An interview Donald Trump is alleged to have had with People Magazine in 1998 quoted him as saying: "If I were to run [for US presidency], I'd run as a Republican. They're the dumbest group of voters in the country. They believe anything o…

Published: 26 Nov 2016 at 15:49hrs | 1 | by Nathaniel Manheru

We'll not flood market with bond notes, says Mangudya

The Reserve Bank of Zimbabwe (RBZ) says it will not be negligent and flood the market with bond notes, due to be launched before the end of this month, to avoid fuelling inflation.The impending launch of the bond notes, which will be legal…

Published: 25 Nov 2016 at 05:24hrs | | by Staff reporter

Bond notes a disaster, says Energy Mutodi

A controversial Zanu-PF youth member Energy Mutodi has described the bond notes which the government is introducing this month end as a disaster for the nation.He said Zimbabwean fiscal and monetary authorities will soon launch bond notes …

Published: 14 Nov 2016 at 07:43hrs | | by Stephen Jakes

Bond notes to hit the market in 2 weeks

BOND notes are now ready and will be released into the market in two weeks' time as part of the export incentive that is meant to reward exporters and ease cash shortages.The bond notes are being introduced as part of a facility to reward …

Published: 13 Nov 2016 at 09:21hrs | 1 | by Staff reporter

Man bashed over bond notes

[11:00, 11/9/2016] â€ª+263 7* *** ****â€¬: A heated debate erupted after somebody gave his own views about the implications behind the introduction of bond notes until a fight began[11:02, 11/9/2016] Byo24NewsðŸ¿: When was this?[12:16, 11…

Published: 09 Nov 2016 at 10:45hrs | 10 | by Concerned Citizen

Bond notes 'are being printed in Zimbabwe,' says MDC-T

If Zimbabwe's little-liked bond notes aren't being printed in Germany or South Africa, where are they being printed? Zimbabwe, of course, say opposition officials.Until recently, the Reserve Bank of Zimbabwe claimed German firm Giesecke &a…

Published: 08 Nov 2016 at 10:26hrs | | by Staff reporter

Mugabe's bond notes law: A legal analysis

On October 31 2016, President Robert Mugabe gazetted Statutory Instrument 133 of 2016, which provides a legal framework for the introduction of bond notes as acceptable legal tender in Zimbabwe. SI 133 of 2016, Presidential Powers (Tempora…

Published: 06 Nov 2016 at 07:56hrs | 1 | by Obert Gutu i

'Bond notes to circulate till Zimdollar returns'

THE Reserve Bank of Zimbabwe (RBZ) has said bond notes, which are due for introduction this month, will remain in circulation for as long as the country does not have its own official currency.The central bank has had to fire fight and def…

Published: 04 Nov 2016 at 05:40hrs | 3 | by Staff reporter

Mugabe launches bond notes financial Armageddon - PDP

President Robert Mugabe has set in motion a financial Armageddon with bond notes, People's Democratic Party has said.Mugabe gazetted Statutory Instrument 133 of 2016, which provides a legal framework for the introduction of bond notes as a…

Published: 01 Nov 2016 at 17:24hrs | 16 | by Mary Charamba

Mugabe gazettes Bond notes law

President Mugabe has gazetted Statutory Instrument 133 of 2016, which provides a legal framework for the introduction of bond notes as acceptable legal tender in Zimbabwe. SI 133 of 2016, Presidential Powers (Temporary Measures) Amendment …

Published: 01 Nov 2016 at 06:07hrs | | by Staff reporter

Will Mugabe come to the rescue?

TWO things that are sure about death are its certainty and finality. Reference is being made to death in the physical sense, not the spiritual side of things.Because of this, many human beings are scared to death about death, even though t…

Published: 27 Oct 2016 at 09:31hrs | 1 | by Cyril Zenda

'Bond notes not likely to hit the market anytime soon'

FINANCE minister Patrick Chinamasa has indicated that the bond notes are not likely to hit the market anytime soon, as government is yet to finalise modalities for the introduction of the currency.Chinamasa, who has been taken to the High …

Published: 22 Oct 2016 at 10:48hrs | | by Staff reporter

Germany refuses to print bond notes for Zimbabwe

A German company which specializes in the printing of bank notes, Giesecke and Devrient has rejected Zimbabwe's request to print bond notes for cash strapped Treasury, prompting the desperate to turn to neighbouring South Africa and other …

Published: 21 Oct 2016 at 08:35hrs | | by Staff reporter

Bond Notes: Our refusal to learn from history

The study of history has a moral purpose, so we are told. It is believed that studying history can create better citizens in a free society. At least this is the shared belief among authors of history books. I am sure the government of Zim…

Published: 10 Oct 2016 at 16:40hrs | 7 | by Whitlaw Mugwiji

Search / Bond notes

Get latest news by email:

You can leave the ghetto, but you can't remove the ghetto inside - Same with apartheid

Geza's worthlessness is no mystery

Mnangagwa appoints new ambassadors

Zanu-PF Politburo meets amid growing succession tensions

South African justice system faces 'total collapse'

Woman jailed for stabbing hubby's girlfriend

Charamba storms into World Championships 200m semi-finals

SA soldiers, Zimbabweans arrested over cigarette

ANC councillors reject Ramaphosa's call to follow DA

Irrigation schemes remain severely underutilised

Zanu-PF top brass trapped with cash, cars

Scott Sakupwanya gives Simba Bhora US$100,000

ZANU-PF official jailed for stealing

Maswerasei blasts Chamisa

Hwange Power Station's older units to undergo major rehab

Principal arrested for indecent assault of students

Zimra employees accused of US$6.3 million fraud

Ruwa aims for town status

Zanu-PF youths die en route to Mnangagwa's birthday bash

Zimbabwe clinches historic T20I series win

Harare suburb battles severe sewage crisis

Chirumanzu chieftainship dispute intensifies

Churches pray for Mnangagwa's continued rule

Church commits to partnering govt in anti-drugs, substances abuse

Ex-Bosso CEO found guilty of US$2,000 fraud

RemitHope seeks to raise US$100 000 for 10 grassroots organisations in Africa

US lawmaker pushes Zimbabwe to repay white farmers

USA could finally repeal ZDERA sanctions on Zimbabwe, but...

3 men jailed for robbing Freda Mine worker in Gwanda

Security guard goes on goat stealing spree

Man finally in court 8 years after sister's murder

Unlicenced joyride 'car thief' beg court

Women's Bank partners Govt

Inferno destroys 30 vehicles at Mutare's Brooms garage

Potraz relocates over 40 base stations

Ruwa robbery suspects arrested after lavish spending spree

Kalangas rejects claims of subservience to Ndebele Kingdom

Organicare convicted for selling unregistered medicine

UK family finds 'better standard of living' in Zimbabwe

Zimbabwean man fatally attacked by elephant in South Africa

Hwange villagers lose livestock to water poisoning

Woman thrown out of moving car by robbers

Mother and son jailed for rape of a 15-year-old girl

Schoolkids drugged in biscuit scandal

Lost Harare Chieftainship seeks reinstatement

Parliament petitioned against water privatisation

Man pushes for mandatory DNA confirmation in maintenance cases

New tobacco grading system on the cards

Grain millers warn of impending mealie-meal shortage

Zanu-PF youths boo minister

Ramaphosa posts explicit videos on X

'Harare-Mutare-Vic Falls flight route permanent,' AirZim announces

Sanctions were never Zimbabwe's real problem: Their removal will finally expose the regime's failures

The Zimbabwe Government is Not Learning from Past Mistakes

War vets sharpen knives against Mnangagwa

Germany's Dislike of Ms. Anna Lena Baerbock Makes Her Vulnerable at the UN

Injiva gunned down

Chivayo blows US$3m on luxury cars for Zanu-PF chiefs

UK family finds 'better standard of living' in Zimbabwe

Zimbabwean nurse tells shocking ordeal in UK Memoir

News Team

Advertising