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Desperate villagers selling cattle for song fearing impending bondnotes

Desperate villagers selling cattle for song fearing impending bondnotes

Unscrupulous cattle dealers ate taking advantage of the imminent arrival of bond notes by scaring uninformed villagers in rural areas to sell their livestock at very low prices, before the return of the dreaded “Zimbabwe Dollar.”  Villagers believe it is better to sell their beasts for hard currency which can be stored instead of selling it for “worthless bond notes.”

A villager told NewZimbabwe that:

Makore apfuura takasara nawo ma bearer saka zviri nani kuchengeta mari yekunze iyi (last time we were left poor with worthless bond notes, so it’s better sell my livestock now and keep the foreign currency)

Regis Mugari, a cattle buyer also told NewZimbabwe that:

If one continues to resist these prices we simply tell them that bearer riri kuuya; tichatenga mombe idzi mahara(bond notes are coming; we will buy these cattle for a song)

 

More: New Zimbabwe

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