FOREX FEES : ZACC, RBZ DESCEND ON SCHOOLS

THE Government has launched a multi-agency operation to
account for schools demanding tuition fees exclusively in foreign currency
while refusing to accept Zimbabwe Gold (ZiG), in contravention of exchange
control regulations.

Officers from the Zimbab…

THE Government has launched a multi-agency operation to account for schools demanding tuition fees exclusively in foreign currency while refusing to accept Zimbabwe Gold (ZiG), in contravention of exchange control regulations. Officers from the Zimbabwe Anti-Corruption Commission (ZACC), the Reserve Bank of Zimbabwe (RBZ)’s Financial Intelligence Unit (FIU) and police will be deployed to pursue