Former CCC member of parliament Fadzayi Mehere says the newly introduced currency Zigs notes are a scam.

This comes after Reserve Bank of Zimbabwe governor John Mushayavanhu unveiled the Zig notes today.

Taking to social media, Mahere said the structure of the money shows that is has no value just like the bond note.

Unveiling the new notes, Mushayavanhu said the ZiG would be structured, and set at a market-determined exchange rate.