Financial Intelligence Unit Urges Public To Report ZiG Currency Violation
10 months agoWed, 05 Jun 2024 08:23:55 GMT
The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has appealed to members of the public to report business operators who are rejecting the ZiG or charging above the official exchange rates.
In a statement on Tuesday, the FIU shared a hotline and WhatsApp number where members of the public can report such businesses. It said:
Please report traders who are refusing to accept ZiG or are exceeding the official ZiG / US$ exchange rate to the Financial Intelligence Unit on Hotline and WhatsApp numbers: 0714039897/0780434475.
The ZiG, short for Zimbabwe Gold (ZiG), was launched in April 2024 to replace the Zimbabwe dollar, which had been rendered useless by runaway inflation.
Since its introduction, the ZiG has remained stable against the US dollar contributing to a drop in inflation and increasing the buying power for consumers.
However, some businesses are rejecting ZiG and insisting on US dollar payments while some of those that are accepting the new currency are charging above the official exchange rate.
More: Pindula News
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31 Comments
Mdara Odza · 10 months ago
RBZ trying to make the citizenry accept the so called ZiG is tantamount to an individual persuading people to buy donkey meat from his butchery in Zimbabwe. The way donkey meat isn't palatable in Zimbabwe is the same way ZiG won't be accepted willingly; workers would rather get paid in US$ and traders will always insist on US$ payments
Anonymous · 10 months ago
Farm and City -Kenneth Kaunda stock feed outlet refused Zig. Itried to buy dog feed the workers said under strict instructions no ZIG
😂 😂 😂 · 10 months ago
Pane karwiyo kepa ZTV ke zimdance hall, taneta veduwe
1green bomber recruit · 10 months ago
tererai kusvika mati twasa ndiko ka rambai makashinga kemazuvano after every 30 minutes
· 10 months ago
Uchiri kuona ztv mukore uno
Anonymous · 10 months ago
FIU endai pa Metro Peach Graniteside muone ma Zig aunobhadhara pachinhu che 33 dollars US
🥸 · 10 months ago
Well-done it's high time people understand economics values and standards majaira kungoita zvamunoda .There are systems that govern appreciation or depreciation of a currency.... #This is not force but the macro-economics bases expect that
Anonymous · 10 months ago
How has the plan changed? Force is still force. How is it not force when you can convert USD to ZiG, but not ZiG to USD. Not for holidays or personal, for business. Government must set the example not be the exception. If ZiG is to be accepted as genuine they must accept it without reservation. How is it that normal citizens must dishonour their pre agreed contracts whilst government are the only ones who must "honour" theirs by forcing people to pay in USD. #DoWhatISayNotWhatIDo.
Ding Dong · 10 months ago
Zig ririkufoswa mabig shops vana OK nanaPick & Pay. These shops are subsidising on behalf of the government but I don't know for how long.
1
Rutenga Passport Officer · 10 months ago
@Greenbomber ,Zig harisati ravakugamuchirwa kuma passport offices ose it's not a secret.. Recently Mnangagwa the deputy minister xplained why we are not accepting zig for passport services..Go and report chero kwamada , Good day
degreed green bomber · 10 months ago
ndi Neville chete uyu
Hlokoloza · 10 months ago
What if the business is linked to a powerful Zanu PF member, will it not affect the whistle blower,
ttttt · 10 months ago
so $1 is to how many zig
Zingaa · 10 months ago
usually these retailers they refuse as such, but sometime you told that networkis down if you want to use electronic money system. But when you say I want to swipe with usd network will be available
Anonymous · 10 months ago
Even technology wants USD.
Gava · 10 months ago
Chii chiri kumvonzi zig chacho hatisati tachiona asi chinoyera kuonakwa kani
Chinese zodiac · 10 months ago
Soo magvt institutes akuramba mazig vakuita sei kunge vasiri kumaziva ngavaende kuma licence kuCVR , kumapassport, kumacourts kukuitwa mabail applications, kuZimra , uko mochizouya muma fuel stations ndokukuitwa zvavari kutsvaga izvo
🏃♀️ Chi baby Che Zanu 🌊 · 10 months ago
ZiG ririkushanda. Vamwe vaiti hee hatisviki muna june vamwe vakati toridonhedza muna june chaiye asi richipo. Our currency our prosperity
ZiG ZaG · 10 months ago
Imboedza kukwira bhazi neZig, kana kutenga petrol even applying for a passport nezvimaZIG zvako. Ndoopaunoona kuti hauna kungwara & kuti zigzag rako harishande.
@Chipfambi cheZANU · 10 months ago
Taneta nemaSlogan. Dai wanyarara hako.
🏃♀️ Chi baby Che Zanu 🌊 · 10 months ago
Makombi ari kutora ma ZiG. Regarding ma long distances handisati ndaona zvangu because handifambu nebhzi pakadaro
👆 · 10 months ago
Ko fuel? Passport?
👑 Abs Jim · 10 months ago
kneta ngei?
❌ · 10 months ago
Typical of ZANU. Everything has to be by force. Imagine if the US were to insist on lending the USDollar at LIBOR currently at 3.25%) imimi muZimbabwe are charging 20%!
The Curator · 10 months ago
It's not force. It's call law and policy enforcement.
Anonymous · 10 months ago
Through force
degreed green bomber 💚 · 10 months ago
ndoda kutenda macomrade arikutungamira FIU mauya panguva chaiya. ndabvawo kumaruzevha kwaMaranda kuye kwaibva Paul Matavire, svikei parutenga ndichida passport 🛂 nedutu rangu remaZiG kwanzi haidiwe ipapo. hamhenowo ndodzokera ndisina here. ndibatsireiwo Chikozho bhazi redu risati radzoka
FIU · 10 months ago
Maita nekutizivisa.Nyaya yenyu tichagara pasi tiyiwongorore.
1AIM🎯 · 10 months ago
What is the official ZIG/US exchange rate?
