RBZ to introduce $100 note

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Reserve money increased to $29,2 billion

THE Reserve Bank of Zimbabwe (RBZ) is set to introduce a new $100 note, Minister of Finance Mthuli Ncube has said.

In an announcement through Statutory Instrument 68A of 2022, Ncube said: “There shall be issued, in terms of the (Reserve Bank of Zimbabwe) Act, a hundred-dollar banknote,” reads the SI.

“The design of the one hundred dollar banknote shall be as follows – (a) 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; and (b) 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.”

 

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