Zimbabwe finance minister threatens to blacklist companies, freeze accounts

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Zimbabwe finance minister Mthuli Ncube has threatened to take stern measures against all government contractors who are ‘manipulating the exchange rate’.

Zimbabwe finance minister Mthuli Ncube has accused government contractors of channelling funds to the black foreign exchange market and contributing to the spiralling exchange rate and price instability.

“The Financial Intelligence Unit will follow up and scrutinise all payments made to government suppliers, to establish how the funds have been utilised,” he said.

 

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Your poor President must be frightened of you

Only Zanu-PF can manipulate the currency. How dare they!

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