Public hearings set for RBZ Amendment Bill [the Bond Notes Bill]

By Daniel Chigundu

Harare West legislator Jessie Majome has urged Zimbabweans to restrain themselves from violence when they attend the Bond Notes Bill public hearings across the country.

The Parliamentary Portfolio Committee on Finance and Economic Development will be conducting public hearings on the RBZ Amendment Bill [the Bond Notes Bill] and the Public Procurement & Disposal of Public Assets Bill across the country.

The hearings are scheduled to start from Tuesday 29th November in Masvingo at Flamboyant Hotel and end in Harare on the 3rd of Saturday at Crowne Plaza Hotel starting at 2pm.

Public hearings especially on highly contentious issues have drawn political violence activities across the country.

Earlier in the year, violence broke out in Highfields during the highly opposed Local Government Amendment Bill and some people were injured in the process.

And just recently Honourable Majome, Priscilla Misihairabwi Mushonga and their team were at the receiving end of violence when they had gone out on a public hearing on Electoral Reforms petition.

In an interview, Honourable Majome said she was unable to predict whether there will be violence or not during the public hearings, but urged Zimbabweans to air their views to parliament instead of being violent.

“I’m unable to tell whether or not there will be violence at the hearings. Violence at hearings has happened when the ruling party feels threatened by public sentiment against it and it mobilises to counter it violently.

“What I certainly know for sure is that tension and tempers will be high at the hearings. I hope Zimbabweans will restrain themselves so that their views on this life changing issue will be captured by Parliament,” she said.

Zimbabwe has introduced Bond Notes as an import incentive and also to help solve the cash crisis that has seen most people spending honours and nights in bank queues trying to withdraw their monies.

The Bond Notes although they are backed by a US$200 million facility, they have generated a lot of debate among Zimbabwean citizens from all walks of life who are generally skeptical of their introduction basing it with history when government adopted the multicurrency regime.

Asked about her views on the just introduced Bond Notes, just like other top lawyers in the country Honourable Majome maintained that the currency is illegal.  

“If you ask me my opinion is I will say they are 10o percent unlawful and unconstitutional – government’s gazetting of a Reserve Bank Amendment Bill to introduce the already introduced bond note is a loud admission of that” said Majome.

Zimbabwe People First president Joice Mujuru, Zimbabwe Lawyers for Human Rights, People’s Democratic Party president Tendai Biti, Morgan Tsvangirai, Transform Zimbabwe president Jacob Ngarivhume, Sten Zvorwadza, Tajamuka among others have been vocal against the introduction of the Bond Notes.

MDC-T is said to be planning to stage a mega demo against the Bond Notes.

Schedule of public hearings

Masvingo
Date: Tuesday 29 November
Time: 10am – 12 noon
Venue: Flamboyant Hotel

Gweru
Date: Tuesday 29 November
Time: 10am – 12 noon
Venue: Fairmile Hotel

Mutare
Date: Wednesday 30 November
Time: 10am – 12 noon
Venue: Amber Hotel

Bulawayo
Date: Wednesday 30 November
Time: 10am – 12 noon
Venue: Rainbow Hotel

Masvingo
Date: Thursday 1 December
Time: 10am – 12 noon
Venue: Hopefay Hotel and Conference Centre

Gwanda
Date: Thursday 1 December
Time: 10am – 12 noon
Venue: Gwanda Hotel

Chinhoyi
Date: Friday 2December
Time: 10am – 12 noon
Venue: Chinhoyi Hall

Lupane
Date: Friday 2 December
Time: 10am – 12 noon
Venue: Lupane Community Hall

Bindura
Date: Saturday 3 December
Time: 10am – 12 noon
Venue: Hala Hotel

Harare
Date: Saturday 3 December
Time: 2pm – 4pm
Venue: Crown Plaza

 

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