Zimbabwe cracks down on digital finance platforms as local unit fumbles
Local banks directed to “identify the source of funding into the accounts” backing debit cards being used to make multi-purchases at retail outlets in exchange of foreign currency at exorbitant exchange rates.
Tawanda Karombo
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Zimbabwe’s Reserve Bank clamps down on parallel forex market
Country’s central bank bans advertising by dealers on social media platforms, highlighting WhatsApp in particular.
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EcoCash management in hot water over agent lines
Reserve Bank of Zimbabwe accuses directors of failing to adhere to its directive to disconnect lines.