CBZ AND ECOBANK TO BE DISCIPLINED OVER COINS, NOTES, SAYS MANGUDYA

THE Reserve Bank of Zimbabwe (RBZ) has said appropriate
disciplinary measures will be taken against Ecobank Zimbabwe and CBZ Bank after
two clients withdrew $15 000 and $44 180 respectively from the two banks, way
above the weekly withdrawal limit of…

THE Reserve Bank of Zimbabwe (RBZ) has said appropriate disciplinary measures will be taken against Ecobank Zimbabwe and CBZ Bank after two clients withdrew $15 000 and $44 180 respectively from the two banks, way above the weekly withdrawal limit of $300. Images of the newly issued bank notes and coins in sealed packs, believed to be destined for the parallel market in Harare, went viral