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Zimbabwe Banks Shut 17% of Branches as Virus Drives Digitization

Zimbabwe Banks Shut 17% of Branches as Virus Drives Digitization Jan 18 2021, 7:51 PM January 18 2021, 4:06 PM January 18 2021, 7:51 PM (Bloomberg) Zimbabwean banks have closed about 17% of their branches as an escalation in the number of coronavirus infections spurs lenders to shut their doors for the time being and accelerate a digitization drive. (Bloomberg) Zimbabwean banks have closed about 17% of their branches as an escalation in the number of coronavirus infections spurs lenders to shut their doors for the time being and accelerate a digitization drive. Of the 300 branches in the country, 10% were permanently closed last year due to the digitization push. An additional 23 branches are now temporarily under lock and key in response to a strict 30-day lockdown that started on Jan. 5, the Zimbabwe Bankers’ Allied Workers Union said.

Wake-up call for Zimbabwe s elite as COVID-19 floods hospitals, killing rich and poor

6 Min Read HARARE (Reuters) - When Zimbabwe’s rich and powerful get sick, they often go abroad in search of the best treatment money can buy; ousted President Robert Mugabe died in a hospital in Singapore in 2019. With travel curtailed by the coronavirus, that luxury is not available, exposing the elite to a truth the majority has long known: Zimbabwe’s health system has been crumbling for years and is now struggling to cope with a spike in COVID-19 cases. Anger among overwhelmed medics is adding to broader public dissatisfaction with President Emmerson Mnangagwa, who pledged an economic revival after he took over from Mugabe following a coup in 2017.

2021 Photo Contest | World Press Photo

2021 Photo Contest | World Press Photo
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