Increase Fuel To $4.39/Litre Or Fire Mangudya & His Bond Notes – Former Minister Calls For Mangudya’s Head

Former Deputy Minister of Finance and Economic Development, Terence Mukupe has called on the government to deal with the fuel crisis saying that it was now unsustainable. According to the former deputy minister, the price of fuel should go up to $4.39 per litre to remove the pricing distortions created by the government insisting that […]

All Govt Employees, Including Embassy Workers In Foreign Countries, Get Paid In Bond/RTGS: Perm Sec Makes Shocking Claim

  Permanent Secretary for Information, Publicity & Broadcasting Services Ndabaningi “Nick” Mangwana has claimed that all government workers regardless of rank or posting earn in bond notes and RTGS electronic money. Mangwana went on to say that even Embassy staff posted in foreign countries also get paid in bond notes and have to make their […]

RBZ Blasts Panic Causing Rumours Claiming Bond Notes Will Be Discontinued On January 26

  The Reserve Bank of Zimbabwe (RBZ) has dismissed social media rumours which claimed that the country’s surrogate currency, the bond notes will be discontinued on January 26. The RBZ advised the public to keep calm saying that the rumour was meant to cause panic and despondency in an already fragile economy. In a statement […]

WATCH: “The Bond Note Is The Strongest Currency In The SADC Region” Claims Eddie Cross

Former MDC Alliance member Eddie Cross has claimed that the bond note is the strongest currency in the whole of the SADC region despite the country’s current economic problems. Cross went on to say that he expects the economy to stabilise around June of this year when the government introduces the new Zimbabwe dollar. “The […]

RBZ Governor John Mangudya Introduces New Currency – “RTGS Dollars” [UPDATED]

Presenting the 2019 Monetary Policy Statement today, Reserve Bank of Zimbabwe (RBZ) governor John Panonetsa Mangudya introduced a new form of money known as “RTGS Dollars”. These “RTGS Dollars” basically consist of RTGS balances, bond notes and coins. Said Mangudya, RTGS, bond notes and coins to be immediately denominated as ‘RTGS Dollars’. The legal instrument […]

Tendai Biti Savages Mangudya For De-dollarizing Through The Back Door, Warns Of Severe Pain Ahead

  Former Minister of Finance and opposition politician Tendai Biti has slammed Reserve Bank of Zimbabwe (RBZ) governor John Mangudya for de-dollarizing the economy and virtually smuggling back the Zimbabwe Dollar. This comes after Mangudya introduced the “RTGS Dollar” currency today while presenting the Monetary Policy Statement. According to Biti, who has been described as […]

Starting Rate For USD Pegged At 2.5 As Mangudya “Throws Sand” On Black Market (UPDATED)

Reserve Bank of Zimbabwe governor John Panonetsa Mangudya has announced that the central bank in consultation with banks has set the starting rate for the trading of the United States Dollar against the “newly” introduced RTGS Dollar at 1USD:2.50RTGS$. The starting rate was announced by Mangudya at a monetary policy review meeting hosted by the […]

I’m Not A Fool…I Don’t Keep Those Sh*t Bond Notes Or RTGS Declares Chatunga Mugabe As He Savages Mangudya & Mthuli Ncube

  Former president Robert Mugabe’s last born son Chatunga Bellarmine Mugabe has savaged Finance Minister Mthuli Ncube and Reserve Bank of Zimbabwe (RBZ) Governor John Panonetsa Mangudya saying that they are cheating Zimbabweans through the bond notes and the RTGS system. The younger Mugabe insisted that he does not keep and use the two pseudo […]