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Zivhu calls for probe into cash vending
CHIVI SOUTH legislator Killer Zivhu (Zanu-PF) feels the government and the Reserve Bank of Zimbabwe (RBZ) must investigate circumstances resulting in the current cash crisis in the formal banking syst...Published: 17 Sep 2018 at 07:10hrs | | by Staff reporter
'Mugabe can go hang'
Bulawayo based politicians have said former president Robert Mugabe must go hang, following his alleged demands to have his pension lump sum pay-out in cash.Mugabe was recently quoted to have ...Published: 15 Mar 2018 at 09:04hrs | | by Staff reporter
Forex dealers get free rein
The Zimbabwe Republic Police says it is finding it difficult to bring cash vendors to book because there is need for an officer of the law to witness an illegal transaction before effecting an arrest....Published: 17 Jan 2018 at 05:54hrs | 2 | by Staff reporter
RBZ unearth malpractices in banks, tellers under fire
THE Reserve Bank of Zimbabwe has unearthed malpractices in the banking sector that could be fuelling cash shortages in the country.RBZ Governor Dr John Mangudya yesterday said a recent bank in...Published: 07 Oct 2017 at 05:48hrs | | by Staff Reporter
$60,000 seized from cash dealers in police blitz
THREE Chinese nationals and 19 illegal money changers have been arrested in Harare since the gazetting of regulations criminalising cash vending with police recovering $55 000 worth of bond notes, US$...Published: 05 Oct 2017 at 06:45hrs | | by Staff reporter
22 illegal money-changers jailed
THREE Chinese nationals and 19 illegal money-changers have been arrested in Harare since the gazetting of regulations criminalising cash vending, with police recovering $55 000 worth of bond notes, US...Published: 05 Oct 2017 at 06:39hrs | 1 | by Staff reporter
'Dirty cops beat, rob forex dealer'
TWO Bulawayo police officers appeared in court yesterday for allegedly assaulting and stealing US$200 from a suspected foreign currency dealer on the day a law criminalising cash vending came into eff...Published: 03 Oct 2017 at 06:08hrs | 1 | by Staff reporter
Forex dealers go underground
Illegal foreign currency dealers disappeared from the streets yesterday and immediately went underground following the promulgation of harsh regulations that criminalise cash vending without permissio...Published: 30 Sep 2017 at 13:37hrs | 1 | by Staff reporter
6 'illegal money changers' charged under new law
SIX suspected illegal money changers in Bulawayo have become the first to be charged under a new law that criminalises buying and selling forex.The law was gazetted on Thursday.Maritha...Published: 30 Sep 2017 at 07:00hrs | | by Staff reporter
Police welcome new law criminalising cash vending
POLICE have welcomed the newly gazetted law that criminalises cash vending saying deterrent sentences could eradicate the illegal money changing crime.The Government on Thursday gazetted the a...Published: 30 Sep 2017 at 06:59hrs | | by Staff reporter
Central Bank probes banks
The Minister of Finance and Economic Development Patrick Chinamasa has defended the use of bond notes and added that the Reserve Bank of Zimbabwe (RBZ) is investigating all banks as Government seeks t...Published: 30 Sep 2017 at 06:55hrs | 2 | by Staff reporter
New law against cash vending
THE Government has gazetted regulations that criminalise cash vending without permission from the exchange control authority and empowered police to arrest money peddlers and seize whatever currency i...Published: 29 Sep 2017 at 06:48hrs | | by Staff reporter
Chinamasa threatens cash, forex traders
CABINET has approved a host of measures to arrest artificial shortages of basic commodities and the price madness triggered by economic saboteurs through social media, with Finance and Economic Develo...Published: 28 Sep 2017 at 06:26hrs | | by Staff reporter
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