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Govt to whip business over price increases…Parly demands names of forex abusers

Govt to whip business over price increases…Parly demands names of forex abusers Robin Muchetu, Senior Reporter THE Government will soon meet the business sector to understand the rationale behind a spate of price increases in both local and foreign currency that are threatening to reverse economic gains made so far. Some unscrupulous businesses responded to the Government’s announcement of Statutory Instrument 127 of 2021 by effecting price changes that have eroded most people’s incomes. The SI was introduced to plug abuse of foreign currency that companies were sourcing from the Reserve Bank Foreign Currency Auction system. Among other issues, the SI states that businesses can now be fined for issuing local currency receipt for goods purchased in foreign currency, pricing goods and services above the ruling exchange rate, pricing of goods only in foreign currency and using the money obtained from the auction for other purposes other than what the supporting invoices on the

Zimbabwean President to announce new COVID-19 lockdown measures as infections, deaths decline - World News

2021-02-28 10:56:21 GMT2021-02-28 18:56:21(Beijing Time) Xinhua English HARARE, Feb. 28 (Xinhua) Zimbabwe s current Level 4 COVID-19 lockdown is due to end Monday, with President Emmerson Mnangagwa expected to announce whether there will be an extension or relaxation of restrictions. The country experienced increased infections and deaths in January and early February following the festive season when there was a lot of traveling, but these have since declined as the government enforced the stringent lockdown restrictions. For the first time since the beginning of the year, there were no deaths recorded during the 24-hour reporting period for Saturday, while only 14 new cases were confirmed.

ED To Announce New Lockdown Measures Monday As Infections, Deaths Decline

Xinhua ZIMBABWE’S current Level 4 Covid-19 lockdown is due to end Monday, with President Emmerson Mnangagwa expected to announce whether there will be an extension or relaxation of restrictions. The country experienced increased infections and deaths in January and early February following the festive season when there was a lot of traveling, but these have since declined as the government enforced the stringent lockdown restrictions. For the first time since the beginning of the year, there were no deaths recorded during the 24-hour reporting period for Saturday, while only 14 new cases were confirmed. The decline has brought hope that the country has managed, to a great extent, to control the spread of Covid-19, although some people remain cautious, saying that the level of testing remains low and fear that a third wave of the pandemic could still hit the country.

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