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The Zimbabwe National Liberation War Veterans Association (ZNLVWA) has resolved to demand that President Robert Mugabe sets up a commission of inquiry into the disappearance of over $15 billion in diamond revenue, an end to corruption and the sacking of Energy minister Samuel Undenge. The group's spokesperson, Mr Douglas Mahiya also condemned the Reserve Bank's decision to introduce bond notes to ease the cash crisis by saying,

"The printing of bond notes is a sign of government failure. The fact that they are resorting to printing bond notes to deal with the current crisis is not a sign that government has excelled. It has failed. This is supposed to be a people’s government, which should derive its power from citizens. We need to see the democratic aspect of governance in policies such as the issuing of bond notes."

He also argued that Zimbabweans should be educated and consulted in important issues such as the issuing of bond notes,

"Government must listen to its people. Zimbabweans must be consulted, educated and their concerns taken into account before the bond notes are introduced. Those in power or close to it are the ones with the money and they will mop up every saving that our people have using the bond notes. It’s a ploy to benefit from another black market corruption and that is wrong. It can only leave the people high and dry.

Finance Minister Patrick Chinamasa and Reserve Bank of Zimbabwe Governor John Mangudya have reiterated the rationale behind the introduction of bond notes which have been scheduled to be launched in October.


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