The government last month promised to give civil servants an allowance of US$75.00 a month after they protested against the working conditions as well as the poor wages they were being given.
The government also said that this foreign currency that Civil Servants would be getting wouldn’t be in cash but will be a deposit into bank accounts which they can then use in shops and outlets.
There is an image circulating of a ZB Bank “USD Domestic Nostro”. A picture is said to tell a thousand words and this one is certainly no exception:
What was speculated seems to be true, there is no USD at the end of this, the money will appear as USD in the “FCA account” but the money will be exchanged at the prevailing forex auction rate into local currency.
Civil Servants are in most cases at the front lines of the coronavirus pandemic. Their services are critical and keep the country running. This falls far short of what they need to survive.
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11 comments
Saka it’s just USD that work only in Zim? That’s basically BONDNOTE all over again.
So basically its bondnote rated to USD 😀😀😀
I once attempted to solve a set of complicated simultaneous equations with several unknowns. After filling a whole page with substitutions and eliminations I was left with x = 68x. I thought I had missed something and carefully went through all the steps again only to end up with y = 72y. Such is the confusing nature of the new civil servants USD.
😆 lol
Did U see the expiration date just one month
Asi mamwa doro boss? Pakanzi 7/25 kureva July 2025
It says 07/25….thats month and year
It’s a way of removing zeros like what gono used to do. They have just revalued the RTGS through the back door
Grace was right when she said ‘Zipigwai you have jiled. Ndokudonhedza kana mangwana’
There is nothing in this world called DOMESTIC NOSTRO.Its a load of crap. Why is Prof Mthuli acting like an ignoramus?
🤣🇿🇼☻ They trying their nonsense again. “LIE CHEAT AND STEAL “