Fears The Black Market May Have Begun Printing Fake Bond Notes

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Published Nov 5, 2016

Unscrupulous characters have allegedly started printing fake bond notes which they plan to coincidentally release when Zimbabwe's reserve bank issues bond notes into the economy later this month. Despite the claims, the Reserve Bank has rolled out massive awareness campaigns ahead of the launch. Finance Minister, Patrick Chinamasa, has said the ongoing nationwide public awareness campaigns were meant to empower the transacting public and warn them against conmen. The initial deadline for the release of bond notes was end of October. However, the RBZ withheld their injection in order to extend campaigns and educate the public on the denominations and operations of the bond notes.