Monetary Policy MP 2018

Ensure that all receipts from the sale of immovable properties in Zimbabwe should be received into the country

In progress
Feb 2018

RBZ warns against offshore property deals

www.financialgazette.co.zw February 15, 2018

RBZ governor John Mangudya has warned against making offshore payments for immovable properties sold in Zimbabwe. “Stakeholders in the property market sector are advised that such practices are not consistent with current exchange control rules and regulations. Accordingly, all proceeds from the sale of immovable properties in Zimbabwe should be received in the country and accounted for through the normal banking channels,” he said.