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Charity Ruzvidzo Business Reporter
THE Consumer Council of Zimbabwe (CCZ) has warned the public to be on the lookout for fake notes circulating in Bulawayo. A woman from Nguboyenja suburb was recently arrested while trying to buy goods worth $12 with a fake $100 note.
CCZ regional manager for Matabeleland Comfort Muchekeza said consumers should quickly report any suspicions with their money.
“As CCZ we’d like to encourage consumers to be wary of fake notes. If one isn’t sure of the money, he or she should take it to the nearest police station,” he said.
Muchekeza said fake note producers were taking advantage of the busy festive season.
“During the festive season consumers and retailers are always busy. It’s hard for one to realise they’re carrying or have been given fake money. These fake note producers want to capitalise on the festive season.
“We’re aware of one case that has so far been reported in Bulawayo. However, there might be other culprits still circulating the fake notes in the city. Consumers must ensure they handle money wisely to avoid being duped,” he said.
Muchekeza said consumers should take time to get accustomed to the newly introduced bond coins.
“The reason we’ve cases of people being deceived with fake notes is due to lack of willingness to carefully study the correct features money has. Consumers should make it a point to know the features in the newly introduced bond coins. That way, it becomes hard to cheat anyone,” he said.
The Reserve Bank of Zimbabwe (RBZ) unveiled $10 million worth of bond coins that began circulating in the country last week.
The bond coins were introduced to buttress the multi-currency system through the provision of change especially for the United States dollars which have $1 as the smallest denomination in circulation.
Online Reporter