Medicines Control of Zimbabwe (MCAZ) has reported 323 cases of adverse events as a result of COVID-19 vaccines, representing a 0.003 percent of the 6.3 Million people who have been inoculated todate. In an interview with a local publication, MCAZ said a total of 323 suspected
The Reserve Bank of Zimbabwe has issued another 2000 gold coins into the market a week after issuing the initial batch of the same quantum as demand surge. Government introduced the gold coins as an alternative for investors to store value amid local currency fluctuations. In the
263Chat · Exchange Losses Weigh Down Ecocash Earnings Digital services firm, Ecocash Holdings says its revenue for the first quarter to May 2022 were severely hit by exchange losses from the weakening exchange rate which resulted in the depreciation of the local currency by 172 percent. The
On the 17th of May 2022, the Reserve Bank of Zimbabwe (RBZ) issued a circular cancelling the order announced by the head of state on the suspension of bank lending one week earlier. The head of state had earlier pointed that the presidential decree was
Veteran playwright, filmmaker and creative director Cont Mdladla Mhlanga has died. Mhlanga was admitted into a health care facility in Bulawayo some 10 days ago, with his family reporting that he was responding well to treatment. However, things took a different turn in the last three
Opposition party, People’s Unity Party (PUP) says it is undeterred by Zanu-PF's threats to silence its scheduled 27 August congress in Makoni South Constituency which will coincide with President Emmerson Mnangagwa's expected visit to the area. The recently formed party has been making inroads ahead of
Year-on-year inflation rose to 256.9 percent in July shooting by 64 percentage points from June’s 161 percent, latest figures from Zimstat show. This puts more pressure on the government to do real introspection in order to prevent the economy from collapsing. The local currency has been crumbling
Karoi Farm Centre owner Labours Mahere has been fined $40 000 after he was caught red-handed making counterfeit agricultural chemicals. In passing sentence, Karoi resident magistrate Godwills Mavenge said if Mahere fails to pay the $40 000 fine he was going to be jailed for 30
The Zimbabwean government gazetted Statutory Instrument (SI) 118A of 2022 on the 28th of June 2022 as an amendment to the existing Exchange Control Act. The presidential temporary measure compels businesses and traders to sell their products at an exchange rate above 10 per centum
According to recent data 72 per cent of Uganda’s land is arable, compared to Kenya's 48 per cent, Tanzania's 45 per cent, Ghana's 65 per cent, Malawi's 60 per cent, Burkina Faso's 44 per cent and Mozambique's 53 per cent. By Leo Kemboi and Emmanuel wa-Kyendo The
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