By Nyasha Chuma The Financial Intelligence Unit has ordered mobile telecommunication service to decrease the production and sale of bulk physical air time recharge asserting that bulk physical airtime is…
ILLEGAL foreign currency dealers are trickling back in the Central Business District despite the current lockdown regulations. After the introduction of the new currency Tuesday, money changers on Wednesday sprouted…
RESERVE Bank of Zimbabwe (RBZ) on Thursday suspended the operating licences of two bureau de changes, namely Crediconnect and Cash Twenty-Four for engaging in illicit foreign currency transactions. The licences…
A 35-YEAR-OLD Chitungwiza woman on Wednesday appeared at the Harare Magistrates’ Courts facing charges of money laundering. Harare Magistrate Rumbidzai Mugwagwa presided over the case. Accused is an administrator at…
THE Reserve Bank Zimbabwe (RBZ)'s Financial Intelligence Unit (FIU) ordered banks across the country to freeze the accounts of some named entities as authorities at Munhumutapa Building begin to implement recommendations…