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Diaspora remittances surge

ZIMBABWE’S central bank governor John Mangudya says official remittances from the diaspora were up 45 percent during the January- September period from 2019 at US$657,7 million as coronavirus (Covid-19) lockdowns forced people to send cash home via official channels. Diaspora remittances are an important source of foreign exchange for Zimbabwe, which is in the grip…

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