29 April 2017
   
New Zimbabwe Header
$2.3bln road jobs for Zanu PF only: Govt
Mnangagwa ‘coup’ fails; Bob hits back
VP Mphoko challenges Sangomas on HIV
Kasukuwere diverting attention - MDC-T
Land dispute: Harare council Execs arrested
Gweru man fatally stabs estranged wife
HOT SEAT: Gonda speaks to Mandaza
Tanzania leader fires 10,000 workers
MORE NEWS
Zamco buys $30mln BancABC bad loans
ZSE payments window down to three days
MORE BUSINESS
Jive Zimbabwe now popular with artists
Zimbabwe’s film festivals join forces
MORE SHOWBIZ
Chitembwe says not panicking yet
Akbay wants team to attack more
MORE SPORTS
Zim generals must heed people's voice
Minister Dokora: The village goat skinner
MORE OPINION
 
Waiting for a new day: Seewell Mashizha
The symbolism of head-wrapping
MORE COLUMNISTS
 
 
SA travellers to Zim advised on how to avoid bond notes
10/01/2017 00:00:00
by Agency
 
 
RELATED STORIES

A TRAVEL management company on Tuesday warned South African business travellers to Zimbabwe to carry small denomination notes “as they will receive change in bond notes”.

These‚ Corporate Traveller said in statement‚ “cannot be used outside Zimbabwe or converted back into hard currency”.

South Africa’s northern neighbour introduced the bond note in November last year in an effort to make up for a shortfall of hard currency in the country and address issues such as the hoarding of foreign cash.

“It is unclear what effect the bond notes have on South African business travellers‚ but we nevertheless would advise that business travellers order and carry the smallest denomination of notes they can to avoid receiving a substantial amount of change in bond notes‚” said Corporate Traveller GM Raylene Pienaar.

She also advised travellers to “consider using billbacks to avoid the need to carry a large amount of cash”.

Hotel billbacks are a way for business travellers to get around paying for a hotel stay upon departure; but rather the bills get sent to a travel management company‚ which in turn invoices a traveller's company.



Advertisement


 
Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark
 
 
 
comments powered by Disqus
 
RSS NewsTicker