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Zimbabwe: Supreme Court Ruling, Death Knell for Investment

Posted by All Africa on

[Zimbabwe Independent] The ruling by the Supreme Court of Zimbabwe this week declaring that a debt owed in United States dollars (US$) incurred on or before February 22, 2019 should be discharged in the local currency (Zimdollar) at the 1:1 rate has sounded the death knell for the country's investment prospects.

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