RBZ Responds To “Sakunda Accounts Unfrozen” Reports

The central bank, the Reserve Bank of Zimbabwe, has dismissed as subsequent false reports suggesting that bank accounts belonging to Sakunda Holdings and other companies had been unfrozen.

The accounts had been frozen over allegations that they were fueling parallel forex exchange rates. Following the freeze, black market rates fell dramatically last week.

Social media, however, reported that the RBZ had since unfrozen the accounts.

We present below RBZ’s full statement on the alleged development.


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