Tag: croco motors

Zim Central Bank freezes banking accounts amid clamp down on foreign exchange black market activities

Zimbabwe’s central bank has frozen the accounts of the country’s largest fuel supplier, Sakunda Petroleum and car dealership, Croco Motors. The governments clamp down on fraud is also moving into bigger sectors with the securities and exchange commission of Zimbabwe launching an anti- money laundering campaign. Joining CNBC Africa for more is Batanai Matsika, Head of Research at Morgan & Co.