The bond notes are meant to ease biting cash shortages that have gripped the southern African nation since March but have helped fuel anti-government protests in recent months. Mugabe's decree did not say when bond notes will be introduced. He criticised Mugabe for resorting to a decree when parliament, dominated by the ruling Zanu-PF party, could have easily passed the law. The RBZ first announced plans for bond notes in May. The RBZ on Tuesday started running advertisements in local newspapers and radio saying up to 5 per cent incentive would be paid on all exports and diaspora remittances in bond notes.

Source: The Star November 01, 2016 12:14 UTC