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Govt blacklists 19 companies for fueling black market dealings

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Zimbabwean govt blacklists 19 companies for crashing local currency

HARARE – Zimbabwe’s finance ministry on Wednesday named 19 companies supplying the government that it said were partly responsible for “price instability and a spiralling exchange rate.” Finance Minister Mthuli Ncube said investigations by the Financial Intelligence Unit (FIU) revealed that the 19 companies traded large amounts of electronic Zimbabwe dollars on the parallel market…

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