Categories: Stories

Chinamasa tells Parliament that bond notes are above board

HON. CHAMISA: Hon. Speaker Sir, the Minister is very clear about what the law says and he agreed with me and I am surprised that he is giving a contrary response. He was in agreement with me that certain things were done illegally and unlawfully [HON. CHINAMASA: No I never agreed with you]- you did. [Laughter]-

THE HON. SPEAKER: Can we clarify the issue.

HON. CHINAMSA: Mr. Speaker Sir, no illegality has been committed and I must emhpasise this. No unlawful action has been. Whatever the Governor has done has been done within the law. It is up to the Hon. Member, if he feels that any of those measures can be challenged in court, we will meet there. -[HON. MEMBERS: Hear, hear.]-

Related stories:

Zimbabwe says it needs bond notes because “we are feeding looters”

Zimbabwe scraps plans to convert export earnings into rand, euro

Tsvangirai calls emergency national executive meeting Thursday to decide way forward on bond notes

It’s a stimulus package- Mangudya says

Tsvangirai to convene his cabinet tomorrow to discuss proposed bond notes

Bond notes -a legal perspective

How people pay in Zimbabwe

Zimbabwe stems illicit outflows

Cash shortages – the real causes and the wrong diagnosis

New bond notes-key questions answered

Industry embraces bond notes

Mangudya full statement on the introduction of bond notes

Highlights of RBZ intervention on cash shortages

MDC says Mugabe is bringing back Zimbabwe dollar through the back door

Zimbabwe to introduce bond notes as cash shortages bite

(321 VIEWS)

This post was last modified on May 12, 2016 10:42 am

Page: 1 2 3 4

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

My 50 years of writing

I have been quiet for some time. Thinking. I have been running The Insider single-handedly…

September 22, 2024

ZiG payments now  account for 40% of transactions- 80% of government trade

Payments in Zimbabwe’s latest currency, the Zimbabwe Gold, now account for 40% of transactions, up…

August 22, 2024

De-dollarisation the only way to go – Cross

Zimbabwe should de-dollarise otherwise its new currency the Zimbabwe Gold will go the way other…

August 20, 2024

Zimbabwe serious about de-dollarisation

Zimbabwe has come up with a de-dollarisation roadmap which will soon be presented by Finance…

August 7, 2024

Chamisa says it is not easy to run a political party under a dictatorship – but told you are probably talking about yourself

Former Citizens Coalition for Change leader Nelson Chamisa says it is not easy to lead…

July 31, 2024

ZiG brings stability and smoothness for business operations market analysts say

The Zimbabwe Gold (ZiG) has brought some stability into the market enabling some smoothness for…

July 28, 2024