Zimbabwe Government Calls Out Money Hoarders

Published
Monetary authorities in Zimbabwe are targeting retailers for not banking their cash and worsening a year-long cash crisis. The country's finance minister has warned that businesses that fail to deposit their cash-takings risk losing their operating licences. He's also warned that the Reserve Bank would invoke the Bank Use Promotion Act, to ensure that traders banked surplus cash. Farai Mwakutuya has this story from Harare.
Category
Zimbabwe
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