Travels to receive medical care beyond borders costs the Zimbabwean economy an average of $400 million per year, the finance minister (pictured) said.
According to him, this scenario is due to his country's multi-currency system, but also to the fact that many Zimbabwean Doctors and health professionals seek opportunity beyond our borders. It is also due to the high cost of medicines in the southern African country, linked to its economic crisis.
The official explained that local doctors and health professionals are paid fees to send patients to India, for instance, instead of sending them to local facilities.
To counter the situation, the government has initiated a process to stabilize its economy. Last June, the authorities announced that the RTGS, an alternative currency, would now be the only legal tender in the country, ahead of the reintroduction of the Zimbabwean dollar by the end of the year. The government also announced that it had reached an agreement with the Swiss Novartis group to facilitate access to pharmaceuticals for Zimbabweans at a lower cost.
Overall, medical care abroad has cost Zimbabwe $4 billion over the past decade.
Moutiou Adjibi Nourou
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...
Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...
Nigeria implemented the National Payment Stack (NPS), a new unified infrastructure, to enhance dig...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Senegal drafts new Advertising Code to modernize 1983 framework Law aims to regulate digital ads, influencers, and social media platforms Market...
FAAPA met in Gabon to address media violations and journalistic responsibility Delegates stressed media’s role in combating misinformation and driving...
EU grants €50M to upgrade Zambia's Livingstone-Ndola railway Project supports Lobito Corridor, key copper export route to Angola China, EU,...
U.S. allows talks on Lukoil asset sales under strict conditions Sales need separate licenses; funds must remain frozen and inaccessible Exemptions...
The Okapi Wildlife Reserve, located deep within the Ituri Forest in the northeastern Democratic Republic of Congo, stands as one of the Congo Basin’s most...
The second edition of Salon International de la Musique d’Afrique (SIMA) launched in Cotonou on Thursday, November 13. This year's event in Benin marks a...