Price bloodbath jolts govt
Published on: Sunday 28 May 2023
The Reserve Bank of Zimbabwe (RBZ) has frozen bank accounts of four major distributors of basic commodities as President Emmerson Mnangagwa’s government scrambles to find solutions to soaring prices and another currency collapse on the eve of a major election. RBZ’s Financial Intelligence Unit (FIU) yesterday said it had frozen bank accounts for Saxin Trading, Simrac Enterprises, Brainscope Investment, and Munella Enterprises for allegedly...
