‘Bond notes won’t end Zim’s problems’

The introduction of bond notes will not solve Zimbabwe’s socio-economic problems, University of Zimbabwe senior economics lecturer, Phineas Kadenge has said.

Speaking at a public lecture held at Chinhoyi University of Technology (CUT) yesterday, Kadenge said people were expecting “too much” from bond notes, as their introduction into the economy was only meant to incentivise exporters, boost local industry production, create employment and ease the liquidity crunch, among other benefits.

“People are mistaken that the coming on board of bond notes will solve all the country’s socio-economic challenges.

This story is for NewsDay subscribers.