MJane Mlambo| Movement for Democratic Change President Nelson Chamisa has called for the removal of bond notes, a move he said is important in restoring confidence in the economy.

Newly appointed Finance and Economic Development Minister Professor Mthuli Ncube recently said bond notes were still a legal tender in Zimbabwe, urging the business community to accept the surrogate currency introduced in 2016 to alleviate cash crisis in the country.

Ncube said bond notes would only be scrapped after broader economic reforms have been put in place.

Posting on twitter, Chamisa said the rise in parallel foreign currency rates to 110% was indicative of the absence of confidence in bond notes.

CONCERNED by the dramatic drop of the RTGS & Bond Note against the USD in Zimbabwe.The fall to 110% as experienced earlier today points to serious trouble in the economy. Being the alternative, we insist, confidence must be restored by urgently removing the Bond .#smarteconomics

— nelson chamisa (@nelsonchamisa) September 26, 2018