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Zimbabwe: President Announces Amnesty for Return of Cash From Abroad
The Herald, 29 November 2017
President Emmerson Mnangagwa has granted a three-month moratorium within which individuals and corporates that externalised money and assets are expected to bring them back. Read more »
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Zimbabwe: Bond Notes Gain Ground
The Herald, 28 November 2017
The ascendance of President Emmerson Mnangagwa to power has created a positive perception in the economy, and has seen bond notes gaining some ground against some of the world's… Read more »
Zimbabwe Govt Announces Amnesty for Return of Cash From Abroad
President Emmerson Mnangagwa has offered a three-month amnesty for individuals and companies to surrender money and assets illegally stashed abroad. Mnangagwa says the government will prosecute those who fail to comply when the amnesty ends in February 2018. Since 2009, Zimbabwe has been using the U.S. dollar as its main currency after abandoning the local dollar, leading to massive smuggling of an estimated U.S.$2 billion to offshore accounts.
InFocus
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Former finance minister, Ignatius Chombo and former ruling Zanu-PF youth leader, Kudzanayi Chipanga have been denied bail and will remain in custody after being remanded to ... Read more »
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As the new era dawns for Zimbabwe, fear and hope has intermingled as citizens face a new administration under President Emmerson Mnangagwa. Having worked with Robert Mugabe for ... Read more »
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New Zimbabwean President Emmerson Mnangagwa is expected to form a new cabinet, with all eyes on whether he breaks with the past and names an inclusive government or selects old ... Read more »
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A High Court judge in Zimbabwe has ruled that the military takeover leading to ex-President Robert Mugabe's resignation was legal, and therefore not a coup d'etat. At the same ... Read more »
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The departure of Mugabe represents neither the end of an era nor the birth of a new one. The ruling party and military will emerge stronger, taking the credit for his exit. The ... Read more »
