MANGUDYA BANS MULTIPLE WALLETS

Twenty percent of all new foreign currency taken by
Zimbabwean businesses from local customers must now be liquidated at the
official exchange rate, when deposited in a domestic foreign currency bank
account, as part of the measures introduced by the…

Twenty percent of all new foreign currency taken by Zimbabwean businesses from local customers must now be liquidated at the official exchange rate, when deposited in a domestic foreign currency bank account, as part of the measures introduced by the Reserve Bank of Zimbabwe (RBZ) in the latest monetary policy statement. Temporary measures taken a few weeks ago to limit abuse on mobile money