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“ In order to deal with the scourge of people buying allow the police to seize the cash, selling cash, government has gazetted Exchange Control Regulations enacted by the President, section 2 will empower the police to arrest anyone trading in currency without a licence ” Chinamasa said. Who wants to make money trading FOREX?
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Chinamasa threatened to invoke the new law which will jail anyone trading the fiat currency at a rate apart from what they had officially imposed, a situation that clearly undermines. HARARE - A new foreign exchange law in Zimbabwe will send unlicensed foreign currency dealers to jail for 10 years.
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