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RBZ raids US$3,2bn in depositors’ funds

BRIDGET MANANAVIRE THE Reserve Bank of Zimbabwe (RBZ) raided depositors’ accounts, wiping out US$3,2 billion in the process, before introducing bond notes in 2016 and eventually outlawing the use of foreign currency in a grand heist which left individuals and companies high and dry, a parliamentary inquiry has found. The introduction of the bond notes also led to the destruction… Read More
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