Tracking Global Omicron Travel Restrictions

More than 30 countries have closed their borders to some nations and others have imposed stricter measures to curb the spread of the Omicron variant. The newly detected coronavirus variant has prompted countries to tighten their borders just as many were beginning to reopen to foreign travel. Nations are adopting …

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RBZ Auction Disqualifies 547 “Dubious” Bids

Reserve Bank of Zimbabwe (RBZ) foreign exchange auction Tuesday disqualified a total 547 suspicious bids as the authorities sniff out chancers who intend to acquire foreign currency for speculative purposes. A trading update released at the close of business shows on the Main Auction platform 236 bids were disqualified while …

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IPEC Warns Insurers Against Graft

Insurance and Pensions Commission (IPEC) has cautioned stakeholders in the insurance and pensions sector to desist from accepting bribes under the pretext of gifts and other items of value. The insurance and pension funds regulator yesterday released a draft circular codenamed “standards for the pensions industry on payment and receipt …

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Interim Bosses For Warriors’ Foes

FIFA’s appointment of a normalisation committee to run the affairs of the Guinea Football Federation, means two of the 2021 AFCON finals Group B countries are likely to be under caretaker leaders at their national football associations. The Sylie Nationale and the Warriors were placed in Group B, at the …

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Travel Restrictions Discriminatory: SADC

Travel bans imposed on southern African countries must be immediately lifted as they are unjustified and discriminatory, countries across the region have said. In a statement, Southern Africa said the detection of the Omicron variant of Covid-19 by local scientists does not mean that the strain originated in the region. …

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Drax Deal Legit, Moyo & Nguwaya Cleared

Drax Consult SAGL could be set for a US$11 million payment from the National Pharmaceutical Company (Natpharm) after the Harare High Court reversed the cancellation of its medical supply contract over allegations it was improperly awarded. The Switzerland-registered company, fronted by Delish Nguwaya, a close associate of President Emmerson Mnangagwa’s …

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ED Announces New Covid-19 Measures

President Emmerson Mnangagwa has announced new Covid-19 measures following the detection of the new variant named Omicron by the World Health Organisation (WHO). The new measures are with immediate effect and will be reviewed after 14 days. Mnangagwa declared that all returning residents and visitors have to undergo PCR tests …

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Land Developer Katsimberis’ Trial Deferred

The trial of businessman and land developer George Katsimberis who is accused of defrauding Pokugara Properties has been deferred to December 16, 2021. Katsimberis is embroiled in a legal battle with Pokugara Properties following a botched land deal with the company’s principal Kenneth Raydon Sharpe. Allegations are that Katsimberis had …

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Mining Firm Constructs Community Library For Hwange

A Hwange-based coal producer, South Mining Pvt Ltd is in the process of constructing a community library for the residents. This is part of its corporate social responsibility for Hwange Local Board (HLB). The entity recently added US$60 million towards investments in Hwange district after being awarded a mining licence …

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