Return externalised cash and assets within the next three months or else: ED

President Emmerson Mnangagwa has issued a moratorium of three months for those who have externalised cash and assets.

In a directive issued on Tuesday, Mnangagwa called the externalisation a crime against the people of Zimbabwe.

All individuals and companies who have externalised are given from 1 December 2017 until 28 February 2018 to return the money and assets after which they will be arrested and prosecuted.

On the face of it, it does feel like a good look but questions will be asked about those who run out of the country in that period. Will the law deal with them still? Criminal elements are usually in syndicafes and how does one get them on lock down?

That said, something needed to be done.

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