Bond Notes Must Be Removed: Chamisa

MDC Alliance leader Nelson Chamisa has called on the government of President Emmerson Mnangagwa to urgently remove the bond note saying that the surrogate currency had failed.

 Speaking through his spokesperson, Nkululeko Sibanda, the opposition leader
Bond Notes Must Be Removed: Chamisa
Bond Notes Must Be Removed: Chamisa

You need to have a plan to remove the bond note; you can’t deal with the bond note crisis when you are an illegitimate government. In order to deal with it, you need what is called investor confidence…You need confidence from neighbouring countries. (President Emmerson) Mnangagwa said he would join monetary unions across the region, picking and choosing the most appropriate, but in order to join those unions, you need to have an economy that is sustainable and has sufficient political legitimacy but that is a problem because he is illegitimate.

However, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has maintained that the bond notes have not failed and insisted that the notes are not the main issue in the economy.

More: Daily News

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