RBZ names, shames entities that abused Forex Auction System; says they face punishment

Jun 15, 2021 | Zim Latest

The Reserve Bank of Zimbabwe (RBZ) has published a list of 18 companies that abused the foreign exchange auction system.

According to the central bank the companies are now facing punishment.

RBZ governor John Mangudya says investigations by the Financial Intelligence Unit and the Bank’s Exchange Control Division have revealed that the listed companies abused the system.

-Zwnews

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RBZ names, shames entities that abused Forex Auction System; says they face punishment

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