Sites: Africa, Marketing, Medical, Retail
Marketing community of Southern Africa
Marketing> The Loerie Awards 2008, Advertising, Branding, Cinema, CRM, Design, Digital, Direct Marketing, Education & Training, Eventing, Exhibitions, Magazines, Media, Mobile, Newspapers, Online Media, Out Of Home, Printing, Production, Promotions, Public Relations, Radio, Recruitment, Research, Retail, Sales, Sponsorship, TV, Youth Marketing, 2010 FIFA World Cup
Articles
Retail Articles

Reserve Bank unveils Z$250 million note

Zimbabwe's central bank, currently grappling with record-breaking inflation, has introduced a new high-denomination bank note of a quarter of a billion dollars, state television reported Monday, 5 May 2008.

"The Reserve Bank of Zimbabwe's governor Gideon Gono has unveiled a new 100 million and 250 million dollar... note and this will be in circulation starting tomorrow (Tuesday)," reported state television.

The report said the new note was for "the convenience of the banking public and the corporate sector".

This is the second set of high denomination notes to be issued this year, the last on 2 April when a 50 million dollar note was put into circulation after the introduction of a Z$10 million note in January.

Read the full article here.

[6 May 2008 16:31]


 SEND TO A FRIEND  |   PRINT


 
Comment on this
 

Share this page (Tell me more)


 
Africa's leading daily advertising, marketing and media news resource for the industry!
















Receive free email newsletter
 
Tell a friend about us
 
CONTACT US | ABOUT US | SEND US NEWS | ADVERTISING RATES | sales@bizcommunity.com | +27 (0)21 680 3500
All rights reserved. © 2008. Bizcommunity.com, its sponsors, contributors and advertisers disclaim all liability for any loss, damage, injury or expense that might arise from the use of, or reliance upon, the services contained herein. Privacy policy, Terms of Use.
Connected by: Uninet