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*Mugabe Presidential Decree says Bond Notes "legal tender in all transactions in Zimbabwe"* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?rx In his presidential decree to pave way for the Bond Notes, President Robert Mugabe said that Bond Notes “shall be legal tender in all transactions in Zimbabwe”. Previously he had referred to the Bond Notes as a surrogate currency. Effectively, the Bond Notes will just be like the U.S. dollar, British sterling pound and South African rand, which are also used in the country. Says the decree: ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- > His Excellency the President, in terms of section 2 of the Presidential Powers (Temporary Measures) [Chapter 10:20], hereby makes the following regulations… > The Minister may by notice in statutory instrument prescribe that a tender of payment of bond notes and coins issued by the Bank that are exchangeable at par value with very specified currency other than Zimbabwean currency prescribed es legal tender for the purposes of section 44A shall be legal tender in all transactions in Zimbabwe to the same extent as that prescribed currency. More: Reuters itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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