Request any song you want for FREE! All songs requested will be tuned to a 432 Hz frequency.

Request Now

1-800#'s and Instructions for Currency Redemption/Exchange

This is where the 800 numbers and instructions for currency redemption (US) and currency exchange (international) will be posted. This part of the page will remain until the "TETELESTAI" email has been distributed to us. Thank you.

Guest Posting Now Available

Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject of your email entry should be: "Entry Post | (Title of your post) | Dinar Chronicles"

- Proper grammar
- No foul language
- No bashing of others
- Solely write intel, rumors, news, thoughts regarding Dinarland, Iraq, the RV, the GCR and anything that is relating
- Your signature/name/username at the end (Optional, if there is no name at the end of your entry I will post it as "anonymous")

Send your entry and speak out today!

Follow Dinar Chronicles by Email

Featured Post

"Election Trio" - RV/GCR Intel - Sunday - December 4, 2016

Received via email at 9:07 AM EST for publication. ~ Dinar Chronicles     The North American RV is currently just waiting on a trio ...

Tuesday, November 1, 2016

Press Statement on Zimbabwe Bond Notes

PRESS STATEMENT

The Reserve Bank of Zimbabwe will with immediate effect start the process towards issuance of Bond Notes as a legal tender in Zimbabwe. The process will commence with media publicity to inform and raise awareness of the public on the denominations, design, form, material and security features which are used in the Bond Notes to be introduced. This is to ensure that the public is not duped by fake Bond Notes that may be circulated into the market by unscrupulous elements in our society.

When the Reserve Bank of Zimbabwe is satisfied that the public is sufficiently conversant with the salient features of the Bond Notes it will proceed to issue the Bond Notes accordingly in line with the Export Incentive Scheme. The Reserve Bank has recommended the Export Incentive Scheme in terms of Section 49 of the Reserve Bank of Zimbabwe Act (Chapter 22:15) to boost the Country’s reserves through increased export earnings. The Export Incentive Scheme will therefore remedy the decline of reserves which has a negative impact on the Country’s ability to make prompt settlements of its international obligations. 

I need to highlight that under existing legislation the Reserve Bank of Zimbabwe has power to issue Bond Notes in terms of the provisions of Section 7 of the Reserve Bank of Zimbabwe Act Chapter (22:15). The Export Incentive Scheme could also have been introduced through Section 2 of the Exchange Control Act (Chapter 22:05) which empowers the President to make regulations relating directly or indirectly to exchange transactions and the control of imports into and exports from Zimbabwe, and payments. 

Given the criticality of the issuance of Bond Notes as legal tender to the recovery of our economy and also the controversy that has surrounded the subject matter, it has been decided that the legality of Bond Notes as legal tender in Zimbabwe should be put beyond any measure of doubt. It is to this effect that the President has today gazetted Statutory Instrument 133 of 2016, Presidential Powers (Temporary Measures) (Amendment of Reserve Bank of Zimbabwe Act and Issue of Bond Notes) Regulations, 2016. The measures that have been gazetted under Presidential Powers Regulations will fortify and underpin the existing legal framework for the issuance of Bond Notes.

My appeal to the public is that they embrace the Bond Notes to ensure a sustainable recovery of our economy.

Hon. P.A. Chinamasa, MP
Minister of Finance and Economic Development
31 October 2016

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

All rights reserved go to their respective holders. We do not own the intellectual property shown on this website, the respective holders own that privilege unless stated otherwise.

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More