Mnangagwa Urged to Cut Central Bank's Role in Illegal Forex Trade

President Emmerson Mnangagwa risks plunging the country into civil strife and anarchy if he fails to stop the Reserve Bank of Zimbabwe from fuelling illegal foreign currency trade on the streets, a regional anti-graft organisation has said. In a report, the Anti-Corruption Trust of Southern Africa highlighted the alleged involvement of the central bank, local banks, police and politically connected individuals in illegal foreign currency trading and other illicit financial activities in the country.

Photo: The Herald

A forex trader counts U.S. dollars.

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