$250m returned to Zimbabwe

$250m returned to Zimbabwe after amnesty

Since Emmerson Mnangagwa came to power in November and warned citizens and others to return cash they had sent out of the country, $250 million (R3 billion) has been returned, the government says.

Zimbabwe’s banks and the economy are critically short of foreign currency, and in the last few weeks, cash tills in most supermarkets have been empty, with banks struggling to release even small amounts to its customers. Most ATMs never have any cash these days.

Shortly after he was sworn in as Zimbabwe’s second president in November, Mnangagwa offered an amnesty to those who had sent money out of the country: if they returned it within three months, they would not be prosecuted and no questions would be asked.

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Source: 
IOL

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