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
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Four years after Russia’s 2022 invasion of Ukraine, the fertilizer market is facing a new shock as m...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
Côte d’Ivoire raises 110bn CFA francs, meeting full target Investor demand hits 291bn CFA fra...
Sonatrach to begin drilling at Kafra block in Niger Operations target oil potential across 23,737 sq km area Project revives 2018 discovery with...
Rockefeller, GEAPP commit over $100 million to Mission 300 initiative Funds support electrification planning, coordination, and investment...
Deal covers counterterrorism, conflict prevention, and cybersecurity cooperation EU delivers military equipment under €50 million support...
Project upgrades 77 km road to boost trade, regional connectivity Initiative aims to create jobs and support economic growth Cameroon and...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...