The central bank, the Reserve Bank of Zimbabwe, has dismissed as subsequent false reports suggesting that bank accounts belonging to Sakunda Holdings and other companies had been unfrozen.
The accounts had been frozen over allegations that they were fueling parallel forex exchange rates. Following the freeze, black market rates fell dramatically last week.
Social media, however, reported that the RBZ had since unfrozen the accounts.
We present below RBZ’s full statement on the alleged development.
Its ridiculous how an entire economy can rise or fall on the back of one company’s account being frozen or unfrozen.