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.
New Zimbabwe, 22 October 2018
President Emmerson Mnangagwa's patience with Reserve Bank of Zimbabwe (RBZ) governor John Mangudya could be wearing thin, if his comments in the state run media are anything to go… Read more »
GroundUp, 18 October 2018
In only two months an anonymous Twitter account has grown to over 21,000 followers Read more »
New Zimbabwe, 17 October 2018
President Emmerson Mnangagwa risks plunging the country into civil strife and anarchy if he failed to stop the Reserve Bank of Zimbabwe (RBZ) from fuelling illegal foreign currency… Read more »
A forex trader counts U.S. dollars.
New Zimbabwe, 16 October 2018
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says he will soon be meeting with business representative organisations to try and reach a lasting solution to the current… Read more »
After peacefully electing President Emmerson Mnangagwa in July, many hoped the country would emerge from turmoil and return to prosperity. Instead, it appears to be imploding since ... Read more »