advertisementBuy ZESA tokens online
#Economy

Domestic USD NOSTRO cards: Seems like govt employees were short-changed… again.

   
11 comments

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:

advertisement

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.


Quick NetOne, Telecel, Africom, And Econet Airtime Recharge

If anything goes wrong, chat with us using the chat feature at the bottom right of this screen

Comments 11

wokenman
4 months ago

Saka it’s just USD that work only in Zim? That’s basically BONDNOTE all over again.

Your email address will not be published.

 


Totem Network
4 months ago

So basically its bondnote rated to USD πŸ˜€πŸ˜€πŸ˜€

Your email address will not be published.

 


M2
4 months ago

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.

Your email address will not be published.

 


    Anonymous
    4 months ago

    πŸ˜† lol

    Your email address will not be published.

     


Have you noticed
4 months ago

Did U see the expiration date just one month

Your email address will not be published.

 


    Mangamadhibha Dhibhango
    4 months ago

    Asi mamwa doro boss? Pakanzi 7/25 kureva July 2025

    Your email address will not be published.

     


    Anonymous
    4 months ago

    It says 07/25….thats month and year

    Your email address will not be published.

     


Masvingo Zimuto
4 months ago

It’s a way of removing zeros like what gono used to do. They have just revalued the RTGS through the back door

Your email address will not be published.

 


Duxvilson
4 months ago

Grace was right when she said ‘Zipigwai you have jiled. Ndokudonhedza kana mangwana’

Your email address will not be published.

 


Martin
4 months ago

There is nothing in this world called DOMESTIC NOSTRO.Its a load of crap. Why is Prof Mthuli acting like an ignoramus?

Your email address will not be published.

 


Abbott
4 months ago

πŸ€£πŸ‡ΏπŸ‡Όβ˜» They trying their nonsense again. “LIE CHEAT AND STEAL “

Your email address will not be published.

 


Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You might also like

Video: Tecno Spark 5 Pro review. Is this the new battery king?

No EcoCash option in the Steward Bank ZIPIT menu, Strange…

Pachikuva, an online platform pushing for govt accountability

FBC registers ZWL6.3 billion total income for Q3 2020