JUST IN: Police arrest more than 170 foreign currency dealers

Crime Reporter
Police have arrested more than 170 illegal foreign currency dealers countrywide since last week in what they say is a campaign to counter serious security and economic threats to the country.

National Police spokesperson Assistant Commissioner Paul Nyathi confirmed the arrests today saying they were conducting the operation with other relevant stakeholders.

“The Zimbabwe Republic Police, having noted that activities by illegal foreign currency dealers were posing a serious security and economic threat to the country, embarked on a countrywide operation meant to enforce Statutory Instrument 122A of 2017, Exchange Control (Amendment) Regulations, 2017 (No.5), which criminalises the illegal trading in foreign currency.

“This operation is being done in conjunction with relevant stakeholders,” he said.

More to follow…

Related Posts

ZGA joins nation in mourning Bosso executives

Brandon Moyo THE Zimbabwe Golf Association (ZGA) has joined the nation in mourning the tragic loss of Highlanders Football Club executives who died in a road traffic accident on Thursday…

Young Flying Stars Sports Academy Under-20s secure sponsorship deal with Budget Cash & Carry

Chronicle Writer THE Young Flying Stars Sports Academy (YFSSA) under-20 side has confirmed a major sponsorship agreement with Budget Cash & Carry, a leading wholesaler based in Bulawayo. The deal,…

Leave a Reply

Your email address will not be published. Required fields are marked *