RBZ orders bond coins worth $3 million

6 years agoThu, 21 Sep 2017 09:17:22 GMT
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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.



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