24-year-olds Alton Phiri and Tonderai Katsito, alleged illegal forex traders, appeared in court in Plumtree, Zimbabwe, charged with violating the Exchange Control Act.

24-year-old Alton Phiri and 24-year-old Tonderai Katsito, alleged illegal forex traders, appeared in court in Plumtree, Zimbabwe, charged with contravening provisions of the Exchange Control Act. They were remanded in custody until May 8. Both men were caught selling foreign currency without clearance from the Reserve Bank of Zimbabwe as part of a countrywide operation to end the vice.

April 29, 2024
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