{"id":47855,"date":"2021-10-08T18:52:45","date_gmt":"2021-10-08T16:52:45","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/?p=47855"},"modified":"2021-10-08T18:50:36","modified_gmt":"2021-10-08T16:50:36","slug":"police-backtrack-on-using-parallel-market-rate-at-auction","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/police-backtrack-on-using-parallel-market-rate-at-auction","title":{"rendered":"Police Backtrack On Using Parallel Market Rate At Auction"},"content":{"rendered":"

Africa-Press<\/a> – Zimbabwe<\/a>. <\/strong><\/span>The Zimbabwe Republic Police (ZRP) has advised members of the public that its auction will accept payments using the Reserve Bank of Zimbabwe (RBZ) official rate.<\/p>\n

In an earlier notice, ZRP had indicated that it will be using an exchange rate that is above the one declared by the RBZ. Read part of the notice:<\/p>\n

Conditions of Sale<\/p>\n

\u2022 Deposit: ZWL500 000.00 or $3 000 USD for vehicles<\/p>\n

\u2022 Deposit: ZWL350 000.00 or $2 000 USD for other items<\/p>\n

\u2022 Deposit is refundable Wall sale conditions are met.<\/p>\n

\u2022 Entry is strictly to catalogue holders only, at ZWL1 600.00 OR $10 USD per head.<\/p>\n

\u2022 Payment strictly Cash\/Swipe\/RTGS at the conclusion of the sale<\/p>\n

\u2022 All COV1D 19 regulations to be observed.<\/p>\n

\u2022 No Mask No Entry, Temperature Screening and Social Distancing on Viewing and Sale DA)<\/p>\n

The notice was circulated on social media by ZimLive forcing the ZRP to respond. Said ZRP:<\/p>\n

The ZRP advises the public that it has taken note of the message posted on @zimlive on the pending auction of boarded and accident-damaged vehicles by JEFFM Auction who won the bid.<\/p>\n

Please take note that JEFFM Auction management has been directed by the ZRP Command to accept payments using the RBZ official rate. Potential buyers are accordingly informed. We thank the public and the media for raising concern over the issue.<\/p>\n

The government has in the recent past issued a cocktail of measures to curb illegal forex dealings.<\/p>\n

It also threatened action against individuals and or companies that were not using the RBZ exchange rate.<\/p>\n

More: Pindula News<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. The Zimbabwe Republic Police (ZRP) has advised members of the public that its auction will accept payments using the Reserve Bank of Zimbabwe (RBZ) official rate. In an earlier notice, ZRP had indicated that it will be using an exchange rate that is above the one declared by the RBZ. Read part […]<\/p>\n","protected":false},"author":84,"featured_media":47854,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,35,15],"tags":[1493,2189,5012,19],"class_list":{"0":"post-47855","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"category-homepage-english","10":"category-twitter","11":"tag-africa-press","12":"tag-africa-press-zimbabwe-2","13":"tag-rbz-foreign-currency-auction","14":"tag-zimbabwe"},"yoast_head":"\nPolice Backtrack On Using Parallel Market Rate At Auction - zimbabwe<\/title>\n<meta name=\"description\" content=\"The Zimbabwe Republic Police (ZRP) has advised members of the public that its auction will accept payments using the Res ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/police-backtrack-on-using-parallel-market-rate-at-auction\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Police Backtrack On Using Parallel Market Rate At Auction\" \/>\n<meta property=\"og:description\" content=\"The Zimbabwe Republic Police (ZRP) has advised members of the public that its auction will accept payments using the Res ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/police-backtrack-on-using-parallel-market-rate-at-auction\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-08T16:52:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-08T16:50:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/10\/img-6160769bcd160.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"669\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/police-backtrack-on-using-parallel-market-rate-at-auction\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/police-backtrack-on-using-parallel-market-rate-at-auction\",\"name\":\"Police Backtrack On Using Parallel Market Rate At Auction - 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