FULL TEXT: RBZ Freezes Sakunda, Access Finance, Croco Motors…… Accounts

The Reserve Bank of Zimbabwe has written to all banks directing them to freeze all accounts belonging to Sakunda, Access Finance, Spartan security and Croco Motors and related entities. Banks were also ordered not to process any withdrawals although deposits and other transactions are allowed. The central bank indicated that the companies in question were under investigation. See full text below.


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Sakunda Holdings

Sakunda Holdings is a privately owned Zimbabwean company governed by the laws of Zimbabwe and its Memorandum of Association and Articles of Incorporation. It has three distinct operating divisions namely Sakunda Energy, Sakunda Trading and Sakunda Logistics. The company holds a virtual monopoly over fuel... Read More About Sakunda Holdings

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5 comments on “FULL TEXT: RBZ Freezes Sakunda, Access Finance, Croco Motors…… Accounts

  1. Aaaaa vavakubata Queen B. Hey Itai tione. Just open up for other players to come and rescue with fuel in Zimbabwe for businesses to start to flourish. Fuel does not need to have so many conditions especially to prospective investors. ED open up fuel you will make a difference.

  2. Most of it is actually fake news. Secunda will take nothing less than 100%. Too entrenched in the corrupt world of Zimbabwe. A few are fucking this place up for everybody.

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