CZR, RBZ engage on Statutory Instrument (SI) 127 of 2021
The Confederation of Zimbabwe Retailers (CZR) engaged the Reserve Bank of Zimbabwe Governor, Dr. John Mangudya who in turn warned the retailers that SI127 targets those abusing auction funds, manipulators of the exchange rate, and those that do not bank funds. The Central Bank Governor said SI127 is meant to ensure compliance. “We would want…