Zimbabwe: Mangudya Vows More Siege On Mobile Money Transfer Service Providers

Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya has reiterated the apex bank's resolve to tighten screws on mobile money transfer service providers accused of failing to deal with rampant illicit trade on foreign currency through their platforms.

Speaking to NewZimbabwe.com Monday, Mangudya said the central bank was keen on widening its surveillance and curbing acts of indiscipline at a time parallel market exchange rates have reached alarming levels.

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