Mangudya seeks support on bond notes



Reserve Bank of Zimbabwe (RBZ) governor John Mangudya yesterday urged citizens and industry to come up with an independent body to monitor the bond notes if they were sceptical of government motives. Mangudya implored businesses and general populace to accept bond notes. Mangudya said the payment of the 5% bonus to exporters was necessary to sustain and safeguard the multi-currency system in Zimbabwe, with export vouchers to be disbursed to all exporters who have been exporting since May 5, 2016. He urged the industry to come out clearly on the issue of bond notes. Mangudya said Zimbabweans needed to have confidence in their economy. – Newsday


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