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RBZ targets supermarkets over ZiG -Newsday Zimbabwe

He said the official exchange rate was crucial for maintaining stability in the economy and ensuring the strength of the ZiG.

RBZ Governor Threatens Supermarkets with Licence Revocation Over Exchange Rate Violations

HARARE - Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavhanu has issued a stern warning to supermarkets found using exchange rates higher than the official rate, threatening to revoke their shop licences. This move comes amidst reports of some supermarkets utilizing rates exceeding the official Zimbabwe Gold (ZiG) rate of 13.5 to US$1. In a…

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