RBZ orders bond coins worth $3 million
The Reserve Bank of Zimbabwe (RBZ) has ordered bond notes worth $3 million from the South African Mint company. The central bank ordered over 6 million 50 cent bond coins. The South African Mint company invoiced the Reserve Bank of Zimbabwe ZAR 5 135 296.32 (approx US$386 125) for the supply of 126 drums of the coins.
This comes as Zimbabwe is experiencing massive cash shortages with the Bond Notes failing to improve the situation.