Tag Archives: bond notes

Several shops in Zimbabwe's capital Harare have put up "closure signs" on their doors as the cash crunch deepens, signalling a worsening of the economic crisis epitomised by the return of fuel shortages last seen eight years ago. On Tuesday,...

Zimbabwe’s central bank finally conceded on Monday that its controversial bond notes, which were initially pegged at the same value as the dollar are not equal to the greenback. This, after it directed banks to open separate accounts for local...