money changers

Residents , money changers and vendors continue to violate lockdown regulations everyday, flooding Gweru’s city centre and conducting non-essential business in a number of suburbs.
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Illegal money changers are slowly coming back to the city centre in Bulawayo while a majority are now operating from residential areas as the 21-day national lockdown entered Day 9 yesterday.
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Two victims of armed robbery who lost more than US$20 000 and two vehicles said the perpetrators knew their targets.
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Illegal money changers in Gweru and Kwekwe are hoarding scarce products from wholesalers and reselling them on the black market in US dollars.
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President Emmerson Mnangagwa’s administration is apparently closing in on foreign currency kingpins — amid indications that a number of Zanu PF bigwigs and prominent businesspeople are among those facing imminent arrest.
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Zanu PF youths have declared war on illegal traders and ruling party bigwigs suspected of being behind the country’s thriving foreign currency black market.Their warning comes as bond notes continue to crash precipitously against the United…
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Police in Bulawayo have, after firing warning shots, arrested three suspected armed robbers who allegedly committed a series of robberies targeting money changers in and around the city.
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Three Chinese nationals and 19 illegal money-changers have been arrested in Harare since the gazetting of regulations criminalising cash vending, with police recovering $55 000 worth of bond notes, US$1 662 and R6 000. The suspects were…
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