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$5 compensation for Zim dollar accounts

HARARE – The government has set aside $20 million towards the demonetisation of long dead Zimdollar accounts, with a maximum once-off payment of a paltry $5 per each account holder. Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said in his monetary policy statement yesterday that the then prevailing United Nations (UN) exchange rate would…

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