Jane Mlambo| Self exiled former cabinet minister, Professor Jonathan Moyo has hit out at government over its move to seperate retail time gross settlement (RTGS) from foreign currency accounts saying its a sign of cluelessness.
Moyo said the introduction of bond notes was on the back of the success of coins introduced earlier, charging that the surrogate currency became a disaster due to government spending indiscipline.
In a tweet, a few minutes ago, Moyo wrote that;
Bondnotes were good when they were launched on the back of the successful spell of bond coins. But they later became a big disaster due to their poor management arising from the government's spending indiscipline. Now to replace bondnotes with RTGS FCA is a mark of cluelessness!
— Prof Jonathan Moyo (@ProfJNMoyo) October 2, 2018