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200 firms netted in forex crackdown
Oliver Chiperesa, director general at the Financial Intelligence Unit (FIU), said the number of firms being penalised was decreasing.
By Tafadzwa Mhlanga and Gamuchirai Nyamuziwa
Oct. 13, 2023
Price bloodbath jolts govt
Mnangagwa last week accused business of trying to sabotage his government ahead of elections in August through unjustified price increases and rejecting the local currency.
By Miriam Mangwaya and Sharon Sibindi
May. 28, 2023
Africa’s tepid stance on money laundering worrying
This is quite an interesting development which we do not seek to question
By Newsday
May. 17, 2023
Reserve Bank reverses Gold Mafia accounts freeze
In a statement on Monday, the FIU directed financial institutions to “unfreeze all assets and other financial assets” belonging to those implicated in the documentary.
By Sydney Kawadza and Harriet Chikandiwa
May. 16, 2023
No sign of Zimdollar stability in the short-term outlook
Government issued Treasury Bills (TBs) valued at about US$1,45 billion in fulfilment of obligations due to some creditors and suppliers, prior to shelved.
By Respect Gwenzi
May. 5, 2023
Nigeria to bar cash withdrawals from government accounts - statement
NFIU analysis found that from 2015 to 2022, officials withdrew nearly 1.1 trillion naira ($2.45 billion) from government accounts - most of it exceeding previous withdrawal limits.
By Reuters
Jan. 7, 2023
HCC resumes US dollar charges
In a statement, HCC said charges for council services were now payable in foreign currency or local currency at the prevailing bank rate.
By Harriet Chikandiwa and Emma Nhancumba
Sep. 26, 2022
RBZ blocks Harare US dollar charges
In a letter addressed to acting town clerk Antony Taruvinga, the FIU said the local authority was in violation of the RBZ Exchange Control Act.
By Harriet Chikandiwa
Sep. 4, 2022
New perspectives: Money laundering red flags in insurance sector
Some of the life insurance products and features that can make them vulnerable to money laundering risks include unit-linked or with-profit single premium contracts, single premium life insurance policies that sore cash value, second-hand endowment policies, and fixed and variable annuities.
By The Independent
Jun. 19, 2022
