Zim News: New finance measures vex Zimbabwe companies | IOL Business Report

Zim News: New finance measures vex Zimbabwe companies | IOL Business Report

Zim News: New finance measures vex Zimbabwe companies | IOL Business Report.
JOHANNESBURG – Companies in Zimbabwe are scrambling for answers to new financial and monetary measures introduced by the Reserve Bank of Zimbabwe (RBZ), with others delaying publication of financials and importing companies complaining of an indirect hike in customs duty. A notice from the Zimbabwe Revenue Authority said on Friday that “the new currency affects clearance of designated goods,” with duty payable funds from foreign currency accounts for importers being “converted” at the prevailing…
Zim News: New finance measures vex Zimbabwe companies | IOL Business Report