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Government Warns Schools Over Rejection of New Currency

THE Government has warned schools rejecting school fees payments in the local ZiG currency that they will be dealt with accordingly. Schools open for the second term this Tuesday, and the government has since warned authorities against demanding fees payments exclusively in United States dollars while rejecting the local currency. Investigations by the Reserve Bank…
United States Simelisizwe Sibanda Torerai Moyo Technology Development Government Warns Schools Over Rejection Reserve Bank
Source: zimeye.net

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RBZ Governor Threatens Supermarkets with Licence Revocation Over Exchange Rate Violations

HARARE - Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavhanu has issued a stern warning to supermarkets found using exchange rates higher than the official rate, threatening to revoke their shop licences. This move comes amidst reports of some supermarkets utilizing rates exceeding the official Zimbabwe Gold (ZiG) rate of 13.5 to US$1. In a…
Mashonaland East John Mushayavhanu Consumer Protection Commission Zimbabwe Energy Regulatory Authority Zera Reserve Bank Governor John Mushayavhanu

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