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Zimbabwe Miners Say Foreign-Exchange Rule Could Trigger Crisis

Zimbabwe Miners Say Foreign-Exchange Rule Could Trigger Crisis Bloomberg 1/28/2021 Godfrey Marawanyika and Ray Ndlovu © Bloomberg Workers survey the Portal One area of the Great Dyke Investments Ltd. Darwendale platinum mine project, near Harare, Zimbabwe, on Wednesday, Sept. 16, 2020. The so-called Darwendale project, which lies 65 kilometers (40 miles) from the capital Harare, is central to the Zimbabwean government’s plans to revive its stagnant economy. (Bloomberg) Mining companies in Zimbabwe said a central-bank requirement compelling them to surrender more foreign exchange earned from mineral exports will push their operations to the brink. Popular Searches The Reserve Bank of Zimbabwe on Jan. 8 announced that exporters must now hand over 40% of their foreign currency earnings, up from 30%, which is then paid out in the local currency.

Singapore Restricts Flexibility for Some Foreign Employees

Sinovac s Covid Vaccine Approved by Indonesia for Emergency Use

Jokowi to Take Indonesia s First Covid Shot: Southeast Asia Vaccine Tracker

Jokowi to Take Indonesia’s First Covid Shot: Southeast Asia Vaccine Tracker Bloomberg 1/8/2021 Ian Sayson and Claire Jiao © Bloomberg Workers unload boxes of the Sinovac Biotech Ltd. coronavirus vaccine at the DKI Jakarta Provincial Health Office in Jakarta, Indonesia, on Thursday, Jan. 7, 2021. President Joko Widodo is set to get vaccinated against the coronavirus on Jan. 13, which would kick off Indonesia’s inoculation program. (Bloomberg) Indonesia is set to start its coronavirus vaccination program on Jan. 13, with President Joko Widodo taking the first jab as the race to immunize people against Covid-19 gains pace in Southeast Asia. Strategies are evolving across the region even as countries sign more vaccine procurement deals. Indonesia, which is battling the worst outbreak in Southeast Asia, ended 2020 by switching up who’s on its priority list for shots focusing on the elderly instead of the young as previously announced.

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