Combating Coronavirus – Lockdown or no lockdown?

Combating Coronavirus – Lockdown or no lockdown?

By Wellington Zimbowa THE elapsed socio-economic and political set-up poses a major hurdle in the embattled country’s efforts to contain the global pandemic, Coronavirus (Covid-19). Covi-19 has infected hundred thousands of people across the globe, since the plague’s December 2019 advent, in China, where around 4.000 deaths have been recorded, whereas Zimbabwe’s official position of one confirmed death from three confirmed Covid-19 cases has raised public eyebrows. Informed sources say government is bickering over what to do. Some are of the opinion that a total lockdown will be the most…

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Government makes U-turn on cryptocurrency

Government makes U-turn on cryptocurrency

By Varaidzo Zhakata ZIMBABWE Stock Exchange listed Commercial Bank in Zimbabwe (CBZ) has signed a Memorandum of Agreement (MoA) with Apollo Fintech to set the tone for development of a gold-backed currency for the southern African nation. In its recent efforts to embrace the Fintech revolution, Zimbabwe has set out to partner up with local Fintech professionals to create the country’s first-ever gold-backed digital crypto currency. Zimbabwe is initially embracing the Fintech revolution; hence the alliance is expected to allow citizens to access the Apollo wallet for digital-currency payments, thus…

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Police successfully enforce bars’ lockdown

Police successfully enforce bars’ lockdown

Reporter IT was not business as usual in Kuwadzana last night as police enforced a lockdown on all bars and beerhalls with teargas fired to disperse the crowds of revelers, who had defied Government’s call close all bars, in the wake of the first death recorded due to Coronavirus (Covid-19). In a late night investigation conducted by The BusinessConnect reporters at Kuwadzana 2, 4 and Extension, respectively, hordes of revelers could be seen scurrying for cover and running away from the Zimbabwe Republic Police (ZRP) officers, who were patrolling at…

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Sub-standard sanitizers may lead to a health catastrophe

Sub-standard sanitizers may lead to a health catastrophe

GIVING people a false sense of security and hope in whatever form should be highly condemned, especially now, in the case of the spread of Coronavirus (Covid-19). Government and health organisations are recommending 68 percent (%) alcohol gel for sanitizing hands during the current Coronavirus outbreak. A survey conducted by The BusinessConnect newspaper has unearthed a number of products on the market, such as, the much needed sanitization oil, which has suddenly become handier, in light of the outbreak of Covid-19. Unscrupulous business people, who stand at nothing, but to…

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