Source: Obey Manayiti, NewsDay Original article URL HARARE came to a standstill yesterday, as President Robert Mugabe’s government, in an unprecedented show of force, brought out its anti-riot hardware to ruthlessly crush a planned protest by opponents of his regime’s introduction of a surrogate currency, bond notes. Zimbabwe’s capital was teeming with security agents, while […]
‘Bond notes won’t end Zim’s problems’
Source: Nunurai Jena & James Munowa, NewsDay Original article URL The introduction of bond notes will not solve Zimbabwe’s socio-economic problems, University of Zimbabwe senior economics lecturer, Phineas Kadenge has said. Speaking at a public lecture held at Chinhoyi University of Technology (CUT) yesterday, Kadenge said people were expecting “too much” from bond notes, as […]
Zimbabwe police disperse protesters rejecting new currency
Source: VOA Zimbabwe Original article URL Zimbabwe police fired tear gas and water cannons to disperse scores of activists protesting the introduction of a new currency in the capital, Harare. Protesters carried placards on Wednesday and chanted slogans denouncing the new currency, called bond notes, which they fear will become worthless because of economic mismanagement […]
Zim police arrest six bond notes protesters as #Tajamuka trio mount court challenge over violation of constitutional rights
Source: Zimbabwe Lawyers for Human Rights ZIMBABWE Republic Police (ZRP) officers on Wednesday 30 November 2016 arrested six people including a teenager for allegedly taking part in a demonstration held in Harare to protest against the introduction of bond notes. ZRP officers arrested six people including Pfungwa Gunda, Costa Zvokusekwa and a 15 year-old minor […]
Govt, protesters go head-to-head over bond notes
Source: Obey Manayiti & Xolisani Ncube, NewsDay Original article URL THE government has threatened to crush today’s planned “grand” demonstration over the introduction of bond notes, but Tajamuka/Sesijikile and other organisers have vowed to fight back, vowing no amount of violence will stop them. Home Affairs minister Ignatius Chombo yesterday said people should embrace bond […]
Zimbabwe police refuse to sanction planned ZCTU anti-bond notes protests
Source: Gibbs Dube, VOA Zimbabwe Original article URL Zimbabwean police have declined to grant the country’s largest labor movement, the Zimbabwe Congress of Trade Unions (ZCTU), permission to stage nationwide protests against bond notes introduced on Monday. ZCTU secretary general, Japhet Moyo, said police informed them that the organization has nothing to do with the […]
Chaos rocks bond notes introduction
Source: Obey Manayiti, Victoria Mtomba & Tatenda Chitagu, NewsDay Original article URL THERE was commotion in Harare yesterday, as some retailers refused to accept the newly introduced bond notes, saying they were still to acquaint themselves with the key security features of the surrogate currency. This comes as bankers also raised concern over the manner […]
Tajamuka leaders arrested ahead of ‘grand’ demo
Source: Obey Manayiti, NewsDay Source: Original article URL POLICE yesterday disrupted a Tajamuka/Sesijikile-organised street Press conference and arrested two of its leaders Promise Mkwananzi and Mehluli Dube ahead of tomorrow’s demonstration against the government’s decision to introduce bond notes. The Press conference was supposed to be addressed at the corner of Jason Moyo Avenue and […]
Zimbabwe begins issuing new currency
Source: VOA Zimbabwe Original article URL Zimbabwe is issuing a new currency, known as bond notes, that officially are equal to the U.S. dollar. The government has gone ahead with the plan despite warnings the new currency will fuel hyperinflation and worsen the already ailing economy. On Monday, there were still long queues at most […]
Zimbabwe is running out of cash
Source: Susie East, CNN Money Original video URL Under President Mugabe Zimbabwe has struggled with severe cash shortages. Aiming to promote liquidity, the country’s central bank has begun issuing bond notes pegged to the U.S. Dollar.
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