The Reserve Bank of Zimbabwe’s Financial Intelligence Unit is investigating allegations of currency manipulation.
This include the pegging of the ZW$ at 200 to 1 USD which is circulating on social media.
The apex bank says perpetrators shall be brought to book without fear or favour.
Apparently, the country’s financial authorities are also going after illegal forex dealers.
They say the dealers are causing price distortions on the market.
However, some economists say the government has to put the fundamentals right than chasing after dealers.
Zwnews
Buying a car in South Africa and bringing it into Zimbabwe through Beitbridge has become… Read More
For years, our platform has been your trusted destination for breaking football news, match updates,… Read More
Across Africa, vehicle buyers and importers are discovering a new way to connect — through… Read More
Cars for sale in Lesotho are now easily available to consumers with different budgets. Moreover,… Read More
The Zimbabwe Republic Police (ZRP) confirms a fatal road traffic accident which occurred on 23/10/25… Read More
Zimbabwe's state security agency, Central Intelligence Organisation (CIO) has burst an intricate WhatsApp-based scam through… Read More