RBZ directive triggers market jitters

… as firms face compliance hurdles …..threatens financials credibility

LIVINGSTONE MARUFU / CLOUDINE MATOLA A decision by the Reserve Bank of Zimbabwe (RBZ) to force all listed companies to report their financial statements in Zimbabwe Gold (ZiG) has triggered widespread concern in the business and financial sectors. The directive, which follows consultations with the Public Accountants and Auditors Board (PAAB), is intended to reinforce ZiG’s role in the economy and…

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