Home Africa Zambia: ZEP Holders Lose Bank Accounts – Africa Links 24

Zambia: ZEP Holders Lose Bank Accounts – Africa Links 24

Zambia: ZEP Holders Lose Bank Accounts – Africa Links 24

Rédaction Africa Links 24 with Zimeye
Published on 2025-01-02 05:09:37

ZEP Holders Lose Bank Accounts

South Africa- Capitec Bank has frozen the accounts of Zimbabwean Exemption Permit (ZEP) holders, leaving thousands grappling with disrupted financial transactions and remittances.

This action comes despite the South African government’s recent extension of the ZEP validity.

On November 28, 2024, South African Home Affairs Minister Leon Schreiber announced a 12-month extension for ZEPs, pushing the expiration date to November…

Read the full article on The Zimbabwe Eye

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