Mnangagwa's 'Name, shame' violates law

Business lobby groups have denied their members illegally stashed hundreds of millions of dollars overseas, saying they just did not acquit their foreign payments on time.

Unless proven otherwise, claims of externalisation of foreign exchange by government could expose the ruling administration, administrative and bureaucratic issues.

The country's largest industrial lobby - the Confederation of Zimbabwe Industries (CZI) said the list released by President Emmerson Mnangagwa on Monday, speaks to issues that happened during trading, adding it had serious flaws.