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RBZ to come hard on defaulters

HARARE – The Reserve Bank of Zimbabwe (RBZ) is set to prosecute non-compliant Foreign Exchange Companies (FECs) which failed to comply with a 90-day amnesty period that expired on December 30, 2014. The amnesty, which was effected on September 1 2014, was a follow-up to the central bank’s monetary policy statement stipulations that FECs had…

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