Tuesday, September 29, 2020
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Trial date set for fake forex printing duo

THE trial date of a Bulawayo teenager and her 43-year-old boyfriend who are allegedly linked to a fake foreign currency manufacturing racket has been...

Forex taxes for businesses charging in USD

Government has come up with a legal instrument compelling traders selling goods and services in foreign currency to pay taxes in the currency in...

Econet in hot soup again facing black market and externalising forex...

The revelations are contained in an affidavit signed by investigations officer, Detective Inspector and Officer-in-Charge of the Criminal Investigations’ Asset Unit, Mkhululi Nyoni, that...

Illegal forex dealer loses R23 000 in a botched deal

An illegal foreign currency dealer lost R23 000 to a colleague last Friday after allegedly being given fake US dollars in a botched deal...

“Pay Full 2nd Term Fees In Forex”: Jemedza High School Parents...

Jemedza High School is reportedly forcing parents to pay for the second term online lessons in forex. A source privy to the development confirmed that...

“It’s now illegal to be on WhatsApp groups that advertise Forex...

Another day another interesting regulatory measure by the Financial Intelligence Unit ( by extension the RBZ). This time the target being money changers operating...

Council Considers Billing Residents In Forex, Stands To Be Sold In...

Bulawayo City Council (BCC) is seriously considering billing residents in foreign currency with residential stands also set to be sold in United States dollars. In...

RBZ invites all forex holders to use new auction systems

The Reserve Bank of Zimbabwe (RBZ)’s monetary policy committee (MPC) has implored all holders of foreign currency to sell their money through the apex...

Zimbabwe to get official forex rates starting Tuesday

RESERVE Bank of Zimbabwe Governor, Dr John Mangudya says after Tuesday, all businesses are expected to adopt the auction system as the official peg...

Zimbabwe’s forex shortages to worsen

Zimbabwe’s foreign currency shortages are set to worsen due to the effects of the Covid-19 pandemic that has reduced exports and slowed down remittances,...

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