Finance minister Mthuli Ncube has revealed that law enforcement agents will soon conduct a blitz on black market traders whom he says are manipulating the new structured currency, Zimbabwe Gold (ZiG).
This comes barely a week after the Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu announced the Monetary Policy Statement and a new currency backed by gold.
This is part of the government’s efforts to curb runaway inflation and distortion of the exchange rate.
Presenting a summary of the…
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