RBZ orders bond coins worth $3 million
6 years agoThu, 21 Sep 2017 09:17:22 GMT
![RBZ orders bond coins worth $3 million](/_next/image/?url=https%3A%2F%2Fzero.pindula.co.zw%2Fmedia%2Fnews%2Farticles%2Frbz-orders-bond-coins-worth-3-million.webp&w=640&q=75)
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.