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Tag: black market

Posted inNews

‘Criminal syndicates in charge of forex auction system’

by Lulu Brenda Harris 7th October 20217th October 2021

Citizens are failing to access foreign currency at the prevailing auction rate, with some noting that the biggest challenge was criminal syndicates had taken over the Zimbabwean economy as they determined the exchange rate. Last month, the Reserve Bank of Zimbabwe (RBZ) paved way for members of the public to buy US$50 per week using the […]

Posted inNews

Rumours and lack of confidence pushing exchange rate up: RBZ

by Lubalethu Ndlovu 17th March 202017th March 2020

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