THE Reserve Bank of Zimbabwe (RBZ) has released guidelines to compel retailers and wholesalers to bank their takings as the country’s cash crisis deepens.

The RBZ claims that retailers and wholesalers, a sector reserved for locals, have been contributing significantly to the crisis by avoiding the banking sector preferring to exchange the bond notes for the scarce United States dollar on the black market.

According the new guidelines, shops are expected to bank their takings within 24 hours and keep evidence of all bank transactions.