Tag: bond notes
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Ecocash: Are Banks Fighting Fair?
The Zimbabwe situation is as our situations always are; almost purely isolated to Zimbabwe. How many other case studies can we find on how to live in a country with no cash? This is really something that any other economy would have a hard time duplicating. It’s common knowledge that whenever there is a crisis…
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Why The POSB fine is great for the Economy
So on Sunday, a day before the official arrival of the bond notes we got to see sneak previews. Images of the Bond notes made the rounds on WhatsApp and other social media the day before they were due on the market. These were photographs taken in what seemed to be a bank vault and…
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How to use Bond Notes Less
Though I am not fully in support of the Bond notes introduction, introduced in moderation the potential benefits are really undeniable. Unfortunately there is no guarantee of moderation in their introduction and that is worrying.