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ZRP Arrests Traders Refusing To Take Bond Notes

3 years agoSat, 27 Jun 2020 04:53:38 GMT
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ZRP Arrests Traders Refusing To Take Bond Notes

ZRP has reportedly arrested traders refusing the local to accept the currency the RTGS/Zimbabwe Dollar from customers for local transactions, The Herald reports. According to the publication, 7 traders have so far been arrested for rejecting the bond in favour of the USD.

The arrests were confirmed by ZRP National Spokesperson Assistant Inspector Paul Nyathi who emphasized the arrests will continue as long as traders reject the local currency:

The ZRP will ensure that all laws meant to protect the public and promote the effective maintenance of law and order in the country are enforced without fear or favour,

Traders are reportedly rejecting some notes and coins preferring the greenback or higher denominations. Meanwhile, GMAZ also warned retailers and wholesalers rejecting the local currency that it would stop supplying them with their products if they don’t stop the practice.

More: The Herald 

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