{"id":550294,"date":"2006-09-26T15:09:05","date_gmt":"2006-09-26T15:09:05","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/technology\/550294-internet-services-back-in-zimbabwe.html"},"modified":"2006-09-26T15:09:05","modified_gmt":"2006-09-26T15:09:05","slug":"internet-services-back-in-zimbabwe","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/550294-internet-services-back-in-zimbabwe.html","title":{"rendered":"Internet services back in Zimbabwe"},"content":{"rendered":"<p><font size=\"2\">&quot;We were bailed out by the Reserve Bank of Zimbabwe late Friday,&quot; Phil Chingwaru, TelOne spokesman said. &quot;We were given one million US dollars although our bill was only 700,000 dollars.&quot; Intelsat, the international communication carrier, had cut the state-owned firm from the global gateway for debt arrears. Although TelOne has settled the Intelsat bill it is still saddled with other debts running into millions of dollars, Chingwaru said. <\/font><\/p>\n<p><font size=\"2\">He said to boost its foreign currency income, TelOne has diversified into horticulture, floriculture and tobacco and expects to earn 12 million dollars from exports. <\/font><\/p>\n<p><font size=\"2\">&quot;We are also expecting another eight million euros from the sale of flowers,&quot; he said. <\/font><\/p>\n<p><font size=\"2\">The firm is reeling under a foreign currency crunch and has asked the government to compel diplomatic missions and Internet service providers to pay their monthly subscriptions in foreign currency, Chingwaru said. <\/font><\/p>\n<p><font size=\"2\">&quot;We have the Zimbabwe dollar component, but what we need is foreign currency,&quot; he said. <\/font><\/p>\n<p><font size=\"2\">The southern African country is in the midst of an economic crisis characterised by four-digit inflation, soaring poverty levels, an unemployment rate hovering at over 70% and chronic shortages of fuel and basic goods such as cornmeal. <\/font><\/p>\n<p><font size=\"2\">Inet-Bridge<\/font><\/p>\n<p \/>\n","protected":false},"excerpt":{"rendered":"<p>Internet services in Zimbabwe were restored after fixed telephone service provider TelOne paid its outstanding 700,000 dollar debt to Intelsat, a company spokesman said.<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-550294","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/550294"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=550294"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/550294\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=550294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=550294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=550294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}