Zimbabwe: Pensioner Sues Over U.S. Dollar Savings

An 86-year-old pensioner is challenging the constitutionality of the statutory instrument (SI) that converted United States dollar balances to Real-Time Gross Settlement (RTGS) accounts, which resulted in the devaluation of his savings and pension

Duncan Hugh Cocksedge is among hundreds of thousands of pensioners in Zimbabwe that have lost millions of dollars as their pensions and savings have been eroded and they risk destitution.

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