Zimbabwe records 8th Covid-19 death

ZTN CorrespondentZimbabwe has  recorded its eighth Covid-19 death after a 21-year-old woman in the capital, Harare, succumbed on Saturday. “We regret to report a facility death of a female aged 21 from Harare Province who tested positive today with no history of travel and had no co-morbidities,” the Health Ministry said in a statement. Seventy-three […]

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Zim private schools risk losing licences

ZTN Correspondent PRIVATE schools in Zimbabwe that opened before the official date could have their operating licences revoked, the Government has said. The second term will begin on July 28, with examination classes being prioritised. The Primary and Secondary Education Ministry says some privately-owned schools and colleges have, however, opened. Education Minister Cain Mathema said […]

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Zim exchange rate shoots to ZW$63,74:USD

Ndakaziva Majaka  WITH Zimbabwe still in price discovery, the country’s Foreign Currency Auction System closed bids on Tuesday with a weighted average of ZW$63,74:US$1 from last week’s rate of ZW$57,35 to US$1. This means Zimbabwe’s official exchange rate is now ZW$63,74: US$1.The Reserve Bank of Zimbabwe said $18,95 million bids had been receivedand $16,32 million […]

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Zimbabwe shuts Stock Exchange, Ecocash, One Money

ZTN Correspondent The Zimbabwe Government has suspended the stock exchange and mobile phone-based transactions “to deal with malpractices, criminality andeconomic sabotage”. In a statement on Friday, Secretary for Information Nick Mangwana said “impeccable intelligence” shows that mobile phone-based money service providers were colluding “in illicit activities that are sabotaging the economy”. He said the Zimbabwe […]

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Zim Fuel price up 150 percent

Ndakaziva Majaka FUEL prices in Zimbabwe have surged by about 150 percent, effective June 24 following an earlier review of the country’s exchange rate. According to a schedule released by the Zimbabwe Energy Regulatory Authority (ZERA), petrol will now retail at ZW$71.62 up from an average of ZWL$28. In USD terms, a litre of petrol […]

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Zim Health Minister faces three counts of criminal abuse of office

ZTN Correspondent Zimbabwe’s Health Minister Obadiah Moyo allegedly ordered the purchase of medicines and sundries worth US$15 million outside official tender processes. He faces three counts of criminal abuse of office. This emerged during his initial appearance before Harare Magistrate Munamato Mutevedzi on Saturday. Magistrate Mutevedzi remanded him out of custody to July 31, 2020 […]

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