Wednesday, 10 May 2017

Story That RBZ Will Introduce $10 and $20 Bond Notes, and International Card Restrictions Is Fake

The story that the Reserve Bank of Zimbabwe (RBZ) is introducing new Bond Notes and new restrictions on international cards is fake.

RBZ sources confirmed to Pindula that they did not know of any new restrictions or the introduction of new bond notes. Also an article on TechZim has pointed out that the quality of English used in the article points out that the story is fake.
Story That RBZ Will Introduce $10 and $20 Bond Notes, and International Card Restrictions Is Fake

The article points out that:

  • First, All 3 paragraphs are way too long and clearly written by someone who has challenges constructing english sentences. No editor, even at the local newspapers, would let such stuff through to publication.
  • It’s alarmist. Why would the RBZ want to alarm anyone? In fact, the fear from pessimists is that the RBZ would naturally try to make things look normal event when there’s reason for alarm.
  • The grammar and capitalisation of things is off. E.g. “…Apex Bank Governor said Cash crisis…”
  • That link to the Herald is fake, and you don’t have to click on it to see. The Herald website just doesn’t have links structured that way.

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