Foreign Currency Accounts (FCA)

Mandla Tshuma28th September 2021

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High bank charges frustrate depositors

High charges levied by Zimbabwean banks on both local currency and foreign currency accounts (FCAs) are frustrating depositors, who have…

The Reserve Bank of Zimbabwe (RBZ) has dismissed media reports that it would raid foreign currency (Nostro) accounts and prevent…

Following this observation, ZIMRA, said these companies would be required to remit tax in the currencies they were trading in…