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*No One Will Lose Their Money, Govt Working To Protect Savings Whether In Local Or Foreign Currency- Mnangagwa* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?wo In the first instalment of his new weekly column in The Sunday Mail, President Mnangagwa assured Zimbabweans that they will not lose their earnings and savings both in local and foreign currency. This comes amid fears Government will phase out the Bond Note and real-time gross settlement (RTGS) deposits following a directive by Reserve Bank of Zimbabwe (RBZ) governor John Mangudya for banks to open Foreign Currency Accounts, which would be separate from the standard local deposit Real Time Gross Settlement (RTGS) accounts. Mnangagwa however said Government is working to protect and secure people’s savings. Said Mnangagwa: ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- > Government continues to work flat out to protect consumers, defend wage values and secure savings. This includes the $9 billion in RTGS deposits in our banks. We are already putting in place legally enforceable measures to protect such earnings and savings, whether in local or foreign currency. No one will lose their money. *Also Read:* *Banks Should Take Mthuli Ncube, Govt To Court Over 2% Tax- Coltart* *We Must Be Realistic, There Are No Quick Fixes: Mnangagwa Responds To Mthuli Ncube’s Tax Increase* *Govt Dismisses Diaspora Tax Reports* More: Chronicle itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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