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Restarting economies during Covid-19
Regions with significant ongoing transmission of Covid-19 should expect that restarting economic activity, before people are immune to the disease, will only lead to more transmission, economist from Mckinsey & Company have said.
SADC proposes tax bailouts for businesses
Governments should consider tax bailouts and exempting SMMEs from loan repayments for six months to enable business recovery, the SADC Business Council has said in the wake of the Covid-19 pandemic that has ravaged economies across the region.
NetOne re-engages ZTE over billing system
NetOne is reported to have re-engaged Chinese telecoms giant ZTE over the supply a billing system, five months after its board declared force majeure on the contract it had awarded to the company in 2017 due to currency reforms which saw the country removing the 1:1 peg for its surrogate bond notes and electronic dollars in February last year, it has been established.
Why Zim didn’t qualify for IMF debt relief
The International Monetary Fund (IMF) this week announced half a billion United States dollar debt service relief fund for the world’s poorest and vulnerable economies, chiefly to help them fight and contain the spread of the Covid-19 pandemic.
BAZ mobilises US$10m for Covid-19 fight
THE Bankers Association of Zimbabwe (BAZ) has announced plans to mobilise US$10 million through its members as part of corporates’ further contribution to the fight against the deadly Covid-19 global health pandemic.
Comesa REPSS pays dividends
The Common Market for Eastern and Southern Africa (Comesa) says over US$138 million has been transacted through the regional payment and settlement system (REPSS) by nine participating central banks including Zimbabwe in the past five years.










