Categories: Stories

Discipline now needed to keep prices stable as Zimbabwe has US$1.9 billion in banks

HON. B. DUBE: My supplementary goes back to the issue of discipline. What is being done to really effectively punish those who violate the system by accessing money through the auction rate and behaving in the parallel market manner, and at the same time we see them receiving again the following week on your list of beneficiaries? How do you reconcile that with the aspect of the discipline that you are talking about?

HON. PROF. MURWIRA: I wish to thank Hon. Dube for further asking on this issue of discipline. In the Statutory Instrument 127 or 27, there are punitive measures that are there and in the press, there were people who were also complaining that these punitive measures might affect this and that. What is happening is that those punitive measures are being implemented on perpetrators and this is happening. If there are some people who might not have been caught, we will really be interested in that specific information so that they can get into the net. I thank you.

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Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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