Zimbabwe

The Zimbabwe dollar drops 89 cents as the national bank cracks down on unlawful forex trade

The central bank of Zimbabwe has added 47 more people to its blacklist for allegedly using social media to advertise and facilitate unlawful foreign exchange transactions and money laundering. According to John Mangudya, governor of the Reserve Bank of Zimbabwe, 30 people were “blacklisted and prevented from accessing financial and mobile telecommunication services for the…