A Germany company has already started thousands of Zimbabwe Bond Notes.
The notes will act as a cover for real dollars that have suddenly vanished from the country’s banks into some thin air.
Germans were responsible for printing money in 2008. They only stopped upon realising that their money printing business was bringing unnecessary attention to themselves and their association with the Reserve Bank of Zimbabwe.
Many Zimbabwean businesses and individuals are in a panic mode as they try to salvage their US dollars from Zimbabwean banks before the arrival of a new currency that has been seen by many critics as a “useless money that has no real value”.
The new money is expected to be in Zimbabwe banks by 1 June 2016.
President Emmerson Dambudzo Mnangagwa is today expected to officially open the 5th International Renewable Energy… Read More
The Reserve Bank of Zimbabwe (RBZ) has issued more than 736,52 kilogrammes worth of gold-backed… Read More
Prominent social media influencer Shadaya Knight has declined an offer by his followers to buy… Read More
Zimbabwe exported goods worth US$540 million in January and imported goods worth US$692.7 million during… Read More