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High Court delivers landmark judgment on US$/RTGS conversion

High Court delivers landmark judgment on US$/RTGS conversion

HIGH Court judge Justice Joseph Mafusire has ordered financial institution Cabs to pay businessman Richard Harold Stuart Beattie and his wife Penelope Douglas Stone US$142 000 it converted to real time gross settlement during currency reforms in 2019. Beattie and Stone were the joint applicants who were represented by Tererai Mafukidze instructed by Tendai Biti.…

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