happiness ChikwanhaTanaka Mahanya
THE Government has announced that it will suspend and cancel trading licences of a number of pharmacies for violating the country’s anti-money laundering regulations.
The pharmacies are accused of using parallel market exchange rates, which range from $8 500 to $11 000 to against the US dollar, in violation of the Government’s policy.
Among the pharmacies affected are Blessed in Chegutu, Global, Leecare and Pineal in Kadoma, Greenwood in Kwekwe, Apex, Siegmed and Booties in Gweru.
The others are Mediplus, Greenview and Kaizen in Rusape, Necta Care, Lancaster, Murapi, Grey, Central and Manica in Mutare.
The Ministry of Finance and Economic Development has warned that it will take stern action against service providers who continue to violate provisions.
The transacting public is being encouraged to resist unfair pricing and to report violations to the Reserve Bank of Zimbabwe’s Financial Intelligence Unit.
The Ministry said the Government remains committed to the broad use of local currency for domestic transactions.
Mathew Masinge
Online Reporter