Latest News Editor's Choice


News / National

RBZ struggles with Forex for drug imports

by Staff reporter
23 Jan 2017 at 06:54hrs | Views

The Reserve Bank of Zimbabwe can only remit $2mln a month to medicine importers amid revelations that that the pharmaceutical companies are struggling with payments for foreign suppliers.

This has resulted in shortages of critical drugs required in the day to day running of hospitals and clinics with pharmaceutical companies warring of an all-time low stock of critical medicine, amid intense battle to source foreign currency to imports the drugs.

Source - dailynews
More on: #RBZ, #Forex, #Drugs