Govt mum if bonuses will be paid in bond notes

HARARE - The framework for civil servants’ bonuses will be outlined in the 2017 National Budget, the Finance minister has said, declining to state if the government workers will be paid in bond notes.

The 2017 National Budget will be presented to a joint sitting of both houses of Parliament on Thursday, December 8.

Responding to a question by MDC Proportional Representation MP, Bacillia Majaya, Chinamasa declined to state if the legal tender — which will trade along nine other foreign currencies — will be used to pay government workers.

Majaya said: “Since the bond notes will be introduced next week, I want to find out whether civil servants will get all their bonuses before we get to January?”

“Clearly Mr Speaker Sir, the question of bond notes is not related at all,” Chinamasa retorted amid inaudible interjections from the opposition bench.

“It is not and those issues are matters that would be discussed in the framework of the 2017 budget.”

In a supplementary question, Musikavanhu MDC MP Prosper Mutseyami asked what system Chinamasa was putting in place to deal with supermarkets rejecting plastic money, demanding cash for basics like cooking oil, sugar and rice.

“This is being witnessed, especially in shops that are owned by foreigners such as Indians, Chinese and Asians,” Mutseyami said.

“The reason why they are refusing plastic money is because no money is going into their accounts. What measures are you taking to enforce such shops to accept plastic money? These are shops such as Choppies and others,” he said to loud shouts.

The Botswana-based and JSE-listed fast-expanding retail chain Choppies, which operates 29 outlets in Zimbabwe, is owned by Vice President Phelekezela Mphoko, with his son Siqokoqela as its local director.

Speaker Jacob Mudenda declined to have the question answered.

“Order, order, the trio on my right,” he bellowed. “The original question was related to bond notes in so far as paying civil servants bonuses, so your supplementary question does not arise.”

In a notice to the public, Harare supermarkets have highlighted their new order.

“Notice on Cooking Oil: ‘Due to manufacturers demanding hard cash payment to supply us, please note all cooking oil will now be sold on a strictly CASH basis in order for us to be able to re-stock. We apologise for this inconvenience which is out of our control’,” read a notice at one of the supermarkets.

This comes as the Reserve Bank of Zimbabwe governor, John Mangudya, has been on a media campaign drumming support for the use of plastic money to promote ease-of-doing-business in the ongoing bond notes campaign.

Comments (7)

"The reason why they are refusing plasctic money is because no money is going into their accounts. what measures areyou going to take to enforce such shops to accept plastic money?"........So asked the MDC MP Prosper. Excuse me?!!! This guy wants to force shops to give away their goods for free? There has got to be better thinking surely by this opposition spokesman.

Dunlop Munjanja - 25 November 2016

Ian Smith ,when faced wth sanctions ,had the same problem,of devaluing Rhodesian dollar.Simth put tgether a fund where he poured money into local companies to produce goods for consumption.Dairyboard is one such company that got funding from IDC to produce milk and sell very cheap to locals only.Smith wuld also give insentives to Dairyboard,colcom,mealers,and farmers.Gold was sold at a discount by Reserve bank ,to fund this operation.Economics ran his gvt.He sat wth economists every week .So Zim gvt ,if yu dont fund yo industries ,imports will rule and yu will play catchup always.Fund yo industries ,farming ,mining and yu will create jobs and lessern the import burden.Act yo age plse and do this.

viola gwena - 25 November 2016

Viola if l got yu correctly Smith's govt was run by economist and he could sit with them weekly but Zimbo's economy is being run by bogus and bushy economist so the two are surely not the same.

goodlife - 25 November 2016

Kana ukatarisa Gire achitaura unobva wawana mhinduro ngenyi mhomo yeZimbabwe yavakunzi tambirayi Bond Note. Kana asingabvumirani neni ndinoti tarisa vedio yaGire right away. no matter which one and tell me what you see.

Masamba Akareyo - Tanganda - 25 November 2016

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yencontis - 28 November 2016

mabond notes hatiade not because kumaramba but tirikuti isu takaenda kuxool haisi mari iyi Chinamasa naMangudya. imi zvenyu zvakaita makaba umpumi wese isuvarombo toshupika ndiwo mabond notes. is not a legal tender same same nemabears' chueques. zimbabwe government have mercy nevanhu vavo than what you are doing

rita - 28 November 2016

I do have some respect for Mangudya bt not that much.I dont know his qualifications as an economist.How different is he to Gono,who was a self taught economist.Gono s management was becoz of his lack of knowledge.He is not a schoold economist.President Mugabe fired Tsumba bcoz he told him its not good economics to print money to pay us,warvets.Tsumba warned of a colupsing economy if Reserve bank printed money for quasi fiscal funding.I think its time to bring back economics ,like Tsumba.Vp knows this.He has hinted on thisprofessionals coming back on show.

viola gwena - 28 November 2016

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