JUST IN: RBZ moves to introduce ZW$100 note

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GOVERNMENT has introduced a new ZW$100 note.

Finance and Economic Development Mthuli Ncube announced the introduction of a new, note, which becomes the highest Zimdollar denomination, via Statutory Instrument (SI) 68A of 2022 Wednesday.

It comes at a time the $10, $20 and $50 notes introduced only last year, have been hard hit by inflation.

For instance, the $50 note, the highest denomination thus far, cannot buy a bottle of mineral water.

Even so, the new $100 note will not be enough to buy a loaf of bread.

Ncube said the $100 note will be brown in colour with a touch of gold.

According to the SI, the note will have an impression of the Great Zimbabwe monument and a baobab tree.

“On the front side the dominant feature shall be the logo of the Reserve Bank of Zimbabwe (three balancing rocks), with the visually impaired recognition feature to the left, latent image showing the denomination, windowed security strip inscribed “RBZ” with colour shift from red to green, watermark with highlighted inscription “RBZ” and see-through of Zimbabwe Bird looking to the left in perfect register, as secondary features,” reads the SI.

“On the back side, there shall be an impression of Great Zimbabwe Monument and the Baobab Tree, gold coloured iridescent band showing the denomination of the note and see-through of the Zimbabwe Bird looking to the right.”

— NewZimbabwe


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