RBZ attempts to break informal diaspora remittances, offers money to everyone receiving money through registered channels

By Nigel Gambanga

Starting from the first of October 2016 this same export scheme will be extended to diaspora remittances. It has been set at 5% – with 2% being reserved for the money trasnfer agent and 3% reserved for the recipient.

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RBZ attempts to break informal diaspora remittances, offers money to everyone receiving money through registered channels

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