New Statutory Instrument, SI 213 Of 2019, RBZ Can Now Penalize You For Charging Or Paying Forex For A Local Transaction.

The government has reportedly gazetted a new Statutory Instrument that states that they can now penalise defaulters who either charge or pay in forex for a local transaction. This comes a few short months after Mthuli announced that the multi-currency system has been abolished and the ZW$ would be the sole legal tender on 24 June.

The government has since moved to legalise penalties for defaulter who still charge forex for their local goods and services which they called domestic transactions.

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8 comments on “New Statutory Instrument, SI 213 Of 2019, RBZ Can Now Penalize You For Charging Or Paying Forex For A Local Transaction.

  1. The RBZ is a rogue unit of government, doing their own thing quite separately from the Ministry of Finance. They are the ones who are stealing and destroying this country. Bring back the whites and they will fix this country up in a heart beat, including the commercial farms.

  2. And will this apply to those government misintries who continue to charge in US dollars. CID for police clearance; Home Affairs for residnet permits.

  3. Ko those who looted our forex disguised as fuel importers during the 1:1 lie what will happen to them . this is absolute bullshit let ordinary Zimbabweans do what they have to do to survive and focus on your loots . Satan is running this country Mwari pindirai and save the people of zim

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