By Tinotenda Hove

In a bid to stabilize the Zimbabwean currency and prices of basic goods, authorities have launched a fresh crackdown on illegal foreign currency dealers.

These dealers have re-emerged in urban areas, prompting law enforcement agents to intensify surveillance of hotspots, particularly with the tobacco selling season set to commence next week .

The operation is being conducted in conjunction with the Reserve Bank of Zimbabwe’s (RBZ) Financial Intelligence Unit (FIU). Police sources revealed that the crackdown aims to curb the activities of illegal forex dealers, who are contributing to the instability of the ZiG currency against the US dollar.

The crackdown on illegal forex dealers is part of the government’s broader efforts to address the country’s economic challenges.

With the tobacco selling season approaching, authorities are working to ensure that the economy remains stable and that prices of basic goods are kept under control.