Rejecting Bond notes? How best to normalise Zim economic situation
Elvis Dzvene: Spiked’s Economy, Banking and Financial Analyst (EBFA) The Bond note has failed to solve Zimbabwe’s economic woes. It shows adopting local currency at the moment is akin to embracing weapons of mass destruction by the country. Putting the 1 bond note at par with 1 USD is just a nightmare. Gresham’s law says,…