Home » RBZ gets tough on exporters

RBZ gets tough on exporters

0 comments

THE Reserve Bank of Zimbabwe will, starting today, suspend documentation of exporters who have at least US$400 000 in unrepatriated proceeds. The move, which is meant to enforce compliance with “timely acquittal of export proceeds”, comes after government accused exporting business of stashing US$900 million of their earnings in offshore banks, money which it says…

Subscribe to read full article. Subscribe today

Related Posts

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More