Deputy Minister Of Industry And Commerce’s Shop Rejecting Bond Notes
25 June 2020
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Own Correspondent

Raj Modi

A shop owned in Bulawayo owned by the Deputy Minister of Industry Raj Modi is reportedly refusing to accept bond notes saying they are not money.

Prolific social media user and entrepreneur Kuda Musasiwa personally witnessed a case of a customer being turned away at the shop.

Musasiwa wrote on Twitter:

“Just buying some drinks for my In-laws at Hon. Raj Modi’s store. 1) They only takes Forex Cash 2) They turned a man who had a suitcase of bond notes sayin it’s not money!”

There has been chaos in the market following the introduction of the $10 still to be unveiled $20 notes as well as the announcement by the ministry of finance that they will be paying civil servants an allowance in US dollars. A lot of informal and not so informal businesses are rejecting bond notes and only some are accepting Zimbabwean dollars of any kind.