Seven Arrested For Rejecting Bond Notes

Seven arrested for rejecting bond notes Paul Nyathi In an interesting development, police arrested seven traders for rejecting bond notes. Police have followed up their words with action following a statement earlier this week threatening to deal with traders rejecting bond notes. Traders have been rejecting notes inscribed ‘bond notes’ in preference for those inscribed …

Bond Notes Chaos…Millers Threaten Not to Supply Businesses Rejecting Bond Notes

Millers threaten not to supply businesses rejecting bond notes Image Credit: The Standard In a not so surprising development, millers have threatened to halt supplies to businesses that reject bond notes and coins. The Grain Millers Association of Zimbabwe (GMAZ) in a statement published by The Herald, yesterday threatened to stop supplying their products to …

Police Threaten Businesses Refusing Bond Notes

Police threaten businesses refusing to accept bond notes. The threat by the police comes at a time when informal traders are rejecting $1 and $2 coins, $2 and $5 bond notes. Businesses started rejecting the lower denominations as soon as the central bank introduced $10 and $20 notes. On the onset of the lockdown, government …