Vice President Constantino Chiwenga has warned ‘financial terrorists’, that is, illegal foreign currency dealers and forex externalisers over their treacherous shenanigans.
Addressing a business conference at the Zimbabwe International Trade Fair (ZITF) in Bulawayo on Wednesday, Chiwenga said that the government will react appropriately to the threat of financial terrorism. He said:
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We would want to make this warning today. We already know who is doing this exercise.
If one tries to fight and practise financial terrorism in Zimbabwe, we will react appropriately and no one should cry that he has not been treated fairly.
Those who have been externalising funds, all I can say is if you are a Zimbabwean, return that money quickly back so that we can treat you with some kid gloves but if you want hard gloves, we know how to do it.
The rising inflation which we are now experiencing hurts the whole economy and its development prospects are negatively affecting all of us.
Is it not time we engage and honestly discuss why as a nation we continue to experience foreign currency shortages yet our foreign currency earning exceeds those of our competitors who are not experiencing the same phenomenon?
Guveya Dominic Nyikadzino Chiwenga is the Vice President of the Republic of Zimbabwe, the second secretary of Zanu-PF political party and the former Minister of Defence and War Veterans Affairs. He is also the former Commander of the Zimbabwe Defence Forces (ZDF) and also the... Read More About Constantino Chiwenga
The Zimbabwe International Trade Fair Company organises and manages international exhibitions and events to promote trade and investment through innovation and value-addition for the benefit of its stakeholders. Its vision is to be the world’s first choice in offering innovative opportunities for social and business... Read More About Zimbabwe International Trade Fair