Against all financial and economic logic, the Zimbabwean government is about to introduce bond notes into the financial system. Many believe this will wreak havoc with the economy, and that the poor and downtrodden will suffer. Zimbabwe imports 75% of all industrial, manufacturing, agricultural and food requirements. The governor of the Reserve Bank of Zimbabwe, in his monetary statement published a few days ago, admitted that the state of the country’s financial health is very depressing and disturbing; he stated that it has less than one month’s import cover by way of foreign currency reserves. It will take many, many years before Zimbabwe will be able to re-introduce its own currency. He said, ‘Our national financial situation is dire’. The staple food is maize meal. To import it and other essential goods, hard currency is needed. Bond notes are not hard currency. Some Zimbabwean business-people have decided to take legal action against the introduction of bond notes.