RBZ has launched an investigation into Bakkers inn for their new rate. This comes after customers complained of high prices.

RBZ has launched an investigation into Bakkers inn for their new rate. This comes after customers complained of high prices.

The Financial Intelligence Unit is investigating allegations of currency manipulation and pegging of the ZW$ at 200 to 1 USD circulatingon social media. Perpetrators shall be brought to book.

This comes after an economist, Nathan Gurira, has claimed that the offenders who are driving parallel market rates are mainly big companies.

Gurira said efforts by the Reserve Bank of Zimbabwe (RBZ) to uproot widespread misconduct in the economy may not be effective if other institutions are not vocal about the mischief.

LEAVE A REPLY

Please enter your comment!
Please enter your name here