Day: October 8, 2018

AHFoZ Calls On RBZ To Urgently Allocate Forex For Healthcare Products

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The Association of Healthcare Funders of Zimbabwe has expressed concern that there is no mention of healthcare products in the list of strategic imports for which the Reserve Bank of Zimbabwe says it has put in place $500 million facilities. By HealthTimes Reporter It has urged the Reserve Bank of Zimbabwe to urgently allocate foreign currency for the purchase of pharmaceutical supplies and other healthcare consumables. In a statement, AHFoZ said there were reports of severe shortages of essential drugs and of some pharmacies charging for medication in United States…

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Pharmacies Charging Parallel Market Rates

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SEVERAL pharmaceutical retailers in Harare have resorted to charging all medicines especially critical drugs using a two tier pricing system as a way to stay afloat in the business dogged by foreign currency shortages, HealthTimes can exclusively reveal.   By Kudakwashe Pembere Investigations by this publication reveal that in this two tier system, the United States dollar has its own price while the Bond notes, Ecocash, RTGS have another which is a multiplication of five or three to the US currency. Pharmaceutical Society of Zimbabwe (PSZ) president Portifa Mwendera in…

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Avenues Clinic In US$10 million Refurbishment Drive

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THE Avenues Clinic has rolled out a US$10 million refurbishment project as the institution works towards transforming itself into a major foreign currency earner through offering world-class treatment and care services to both locals and foreigners.   By Michael Gwarisa The US$10 million capital injection which was partly funded by NedBank, comes at a time the health sector is reeling from a myriad challenges chief among them being the unavailability of foreign currency and massive shortages of essential drugs. The project will be three phased starting with the patients’ ablution…

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