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Informing Business, Inspiring Success
RBZ Orders Freeze of Mobile Money Agent Accounts Over Suspected Forex Illicit Deals
The Reserve Bank of Zimbabwe (RBZ), through its Financial Intelligence Unit (FIU), has directed banks to immediately freeze accounts linked to mobile money agents suspected of involvement in illicit foreign currency transactions and money laundering. The directive, issued by Acting FIU Director-General Oliver Chiperesa, targets agents operating on EcoCash and OneMoney platforms.
Southerton Business Times
Apr 272 min read
RBZ Reassures Market as Government Moves to Pay Suppliers in ZiG
The Reserve Bank of Zimbabwe (RBZ) has moved to calm market concerns following the government’s decision to pay local suppliers exclusively in the Zimbabwe Gold (ZiG) currency.
Southerton Business Times
Mar 192 min read
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