Zimbabwe: Harare Company Fined $17 000 for Not Banking Its Cash

HARARE based firm, Builders Home, was Thursday fined $17,000 for not banking its cash as monetary authorities crack down on the private sector in a bid to address the country's cash shortages.

Zimbabwe has been struggling with a cash crisis for some time and the central bank has since warned that businesses would be prosecuted for not banking their daily takings.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.