Informal Traders, Kombis Reject $50 Bond Notes
Informal traders and public transport operators are rejecting the ZWL$50 note, as the Zimbabwe dollar continues to depreciate against the United States dollar.
According to NewsDay, over the past few years, inflation has driven the ZWL$2, ZWL$5 ZWL$10, and ZWL$20 notes out of circulation.
The smaller denominations have now been joined by the ZWL$50 note in the dustbin as informal traders and transport operators find it burdensome to move around with huge bundles of “worthless” banknotes.
Meanwhile…
Sylvester Mabuda, popularly known as Sly was killed by ruthless thugs along the N4 Highway in Diepsloot, Northen Johannesburg.
What started as a beautiful night which was also his birthday ended in tragedy for the now late socialite.
Informal Traders, Kombis Reject $50 Bond Notes
Sly was reportedly having fun with friends in the VVIP section at the Jacaranda Lounge, where Jah Prayzah was also hosting his show that same night.
He was in the company of promoter Felistas Chizororo of CC Promotions, after the JP show around 1am, Sly and his best friend Larry Mushope were on their way back home to Pretoria, when tragedy struck.
Mushope recounted the harrowing experience, stating,
When we left, there was nothing amiss. We had driven about 20 kilometers when we sensed an issue with the rear tire.
The situation became dire as the car was essentially running on the rim. We sought assistance from some friends, and suddenly, three men emerged from the darkness.
They were wielding guns and knives, breaking empty bottles menacingly. Two of them violently targeted Sly, while one approached me.
We were subjected to brutal assaults. They thoroughly searched us, confiscating everything, including our phones and wallets.
Sly’s possessions were also taken before they disappeared into the bushes. I was disoriented for a while but eventually regained consciousness.
Sly informed me that he had been injured during the altercation and was in pain. I hobbled across the road to a nearby complex to seek help.
We returned with the security guard from the complex, but Sly had tragically passed away.
