Business
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NDS1 falls on private sector, government collaboration: Cimas CEO Vulindlela Ndlovu
Cimas Health Group Chief Executive Officer, Vulindlela Lester Ndlovu, has said the success of the government’s National Development Strategy 1 (NDS1) blueprint falls squarely on the private sector working together with the government. Mr Ndlovu made the remarks on Wednesday addressing guests at the International Business Conference 2024 which is part of the weeklong Zimbabwe…
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AfDB’s 2024 Annual Meetings: Pioneering Reform in Global Financial Architecture
Writes Nkeletsang Morapedi Senegalese President Macky Sall’s powerful statement a year ago underscored the urgent need for reshaping the global financial architecture to better align with Africa’s developmental goals. At the 2nd Summit on Infrastructure Financing in Africa in Diamniadio, Dakar, President Sall, then Chairman of the African Union, voiced a collective plea resonating across…
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Afreximbank and FCI Draw Over 200 Attendees to Regional Factoring Conference in Zimbabwe
Writes Baboloki Semele Demonstrating their unwavering commitment to advancing factoring as a viable financing solution for Africa’s small and medium-sized enterprises (SMEs), the African Export-Import Bank (Afreximbank) and FCI jointly hosted a two-day factoring conference in Harare. With a focal point on the overarching theme of “Empowering Economic Growth Through Innovative Factoring and Receivables Finance…
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Jobs: Background checks are important when recruiting
Fraudulent behaviour has become common, as many businesses have discovered, to their cost. Most commonly, fraud is intended to acquire money the individual is not entitled to at the company’s expense. It may also be intended as a means of acquiring a job, as when academic qualifications or skills are claimed that the job applicant…
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Zimbabwe spearheads Climate-smart Education System Initiative
Writes Ronnie Chisamba Harare – Zimbabwe, through the Ministry of Primary and Secondary Education (MoPSE), is spearheading the implementation of the Climate Smart Education System initiative (CSESI), in conjunction with UNESCO and Save the Children. A 3-day workshop to officially launch the implementation of the program began at the UNESCO offices on Wednesday. The capacitation…
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Connect Africa Symposium Emphasises Innovation for Africa’s Growth
The Connect Africa Symposium, set against the backdrop of the Zimbabwe International Trade Fair (ZITF), was officially launched this morning in session under the theme “Harnessing Innovation for Africa’s Prosperity”. Hon. K.C.D Mohadi, the Vice President of Zimbabwe, inaugurated the event, sparking discussions focused on advancing Africa’s industrial and commercial sectors. During his morning address…
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Chinese Embassy,Teen Rescue Mission on youth empowerment drive
Writes Marlvin Ngiza The People’s Republic of China through the Chinese Embassy has joined forces with a Chitungwiza-based young people’s movement, Teen Rescue Mission (TRM), in expediting economic empowerment initiatives in the area through the donations of chickens for young people to commence poultry projects. The gesture has been welcomed by the residents of Chitungwiza…
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Pan-African Parliament Attends Pre-Budget Retreat in Addis Ababa
The President of the Pan-African Parliament (PAP), H.E. Chief Fortune Charumbira, is leading a PAP delegation to a pre-budget retreat ahead of the 2025 Budget Retreat for the Joint Sitting of the Sub-Committees of GSCBFAM, Programs and Conferences, and F15 Technical Experts at the African Union (AU) Headquarters in Addis Ababa, Ethiopia. Accompanying the President…
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ZITF: EU committed to deepening economic ties with Zimbabwe
The European Union (EU) returns to the Zimbabwe International Trade Fair (ZITF) for a second consecutive year, with a significantly expanded presence. After last year’s successful exhibition, where the EU received the top Foreign Exhibitors award, the EU’s commitment to deepening economic ties with Zimbabwe is clear. This year, the EU stand, larger than last…
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FAO Regional Conference for Africa concludes with strong commitments toward agri-food system transformation
The 33rd Session of the FAO Regional Conference for Africa has concluded with a strong ministerial declaration that calls for greater support to build resilience in African countries against climate shocks, increase cooperation for Blue Transformation to intensify African aquaculture, a revival of underutilized African crops, and inclusive rural transformation. The declaration comes at the…
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Immediate Action is Needed as Southern Africa Grapples with Worsening Drought
Southern Africa is on the brink of a devastating hunger crisis as a relentless drought tightens its grip. El Niño has led to searing heat that led to massive crop failure causing water sources to dry up. As a result, millions of people in Malawi, Zimbabwe, and Zambia have been driven towards starvation. To highlight…
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Policy Guidance to Support Climate Action by National Tourism Administrations
The policy guidance was developed to assist governmental agencies dedicated to tourism in the development of tourism climate action policies and initiatives to support the low-carbon transition for tourism. This guidance addresses four areas that National Tourism Administrations (NTAs) can focus on. Foremost, NTAs need to engage with national climate policy-making processes in their country,…
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SARCAN urges IMF, World Bank to prioritise climate finance in Southern Africa
The World Bank and the International Monetary Fund (IMF) – known as Bretton Woods institutions, have been urged to finance Southern Africa’s effort to build resilience to climate change, promote sustainable development, and reduce poverty. The Briton Woods institutions were established after World War II to promote global economic stability and development. Southern Africa Region…
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ZITF: Industry urged to harness digital technologies to spur development
The Permanent Secretary in the Ministry of Industry and Commerce, Dr. Thomas Utete-Wushe has emphasized the importance of leveraging technology to enhance market access and international visibility. In anticipation of the upcoming Zimbabwe International Trade Fair (ZITF), a prime focus has been placed on the innovative utilization of technology as a catalyst for extending the…
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Ndhlovu Highlights ZITF as a Key Driver of Zimbabwe’s Vision 2030; Unveils Economic Growth Opportunities
In recent years, the Zimbabwe International Trade Fair (ZITF) has transformed into more than just an event; it is a pivotal platform for economic rejuvenation and industrial advancement. Catalyzing showcasing trade opportunities, attracting investments, and fostering innovation, the ZITF propels the country towards its ambitious Vision 2030 goals. As preparations for the 2024 edition of…
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Durable solutions to protect, strengthen and defend the ZiG currency
Writes Dr Tapiwa Mashakada The properties of any fiat currency like the ZiG are that it must be (a) a means of exchange and (b) a store of value. These are the essential classical properties of money in any economy. If ZiG is going to survive as a domestic currency, then it must be accepted…
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Fix the Finance for climate crisis: environmental campaigners
From 16-19 April 2024, was a global week of Climate Justice Finance Mobilizations holding governments, UN climate talks, private banks, the IMF and World Bank, and multilateral development banks – those that hold the purse strings – to account. Several organizations and networks including Climate Action Network Zimbabwe did some digital day of action on…
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2024 Monetary Policy: Recommendations to stabilise the ZIG
Zimbabwe Coalition on Debt and Development (ZIMCODD) The Reserve Bank of Zimbabwe (RBZ) made a significant move on the 5th of April 2024, releasing the 2024 Monetary Policy Statement (MPS) and introducing a new currency, the Zimbabwe Gold (ZiG). This policy also brought in a series of measures, such as adjusting interest rates and statutory…
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Zimbabwe’s Independence: ZIMCODD spotlights urgent need to address socio-economic challenges
Zimbabwe Coalition on Debt and Development (ZIMCODD) As Zimbabwe marked its 44th Independence Day under the theme “Unity, Peace, and Development towards Vision 2030,” it is crucial to reflect on both the progress made and the persistent challenges facing our nation. Despite strides in various sectors, Zimbabwe continues to grapple with significant socio-economic issues that…
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Carbon emission reduction a priority at this year’s ZITF
In a bid to foster sustainability and encourage healthier mobility options, the Zimbabwe International Trade Fair (ZITF) will implement top-tier changes this year, including higher parking charges and exclusive shuttle services. These initiatives aim to discourage visitors from using their cars within the exhibition premises and to promote walking. Dr. Thomas Utete Wushe, the Industry…
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The Bahamas to Host 2024 Afreximbank Annual Meetings and AfriCaribbean Trade and Investment Forum
The Government of the Commonwealth of The Bahamas and African Export-Import Bank (Afreximbank) have today signed the Agreement for The Bahamas to host the 31st Afreximbank Annual Meetings (AAM) and the third edition of the AfriCaribbean Trade and Investment Forum (ACTIF). The AAM will be held in Nassau, The Bahamas, from 12 – 14 June 2024.…
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Linking science and practice accelerates Africa’s socio-economic transformation
Linking science and practice serves to accelerate Africa’s socio-economic transformation, a Continental Technical Session on the Harmonized Design and Governance Framework of Genome Editing-related Communities of Practice running in Maputo Mozambique from 18-19 April 2024 has revealed. Addressing workshop participants, the Director of the National Centre for Biotechnology and Biosciences of Mozambique, Prof. Alsacia Atanasio…
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Atlantic Group announces the entry of CDG Group into its capital
CDG Invest has acquired a 20% stake through its Generation Entrepreneurs program in the capital of Atlantic Group. This strategic partnership marks a significant turning point for Atlantic Group and underscores CDG Invest’s confidence in the group’s potential to become a center of excellence in higher education in Morocco. Thanks to this partnership, Atlantic Group…
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Converting harvests into commodities and products that last longer
Writes Charles Dhewa The lack of capacity to convert harvests into commodities and products that last longer has negatively impacted African food systems for more than five decades. Huge harvests are meaningless if much of the food is not consumed or turned into better livelihoods and employment creation. If there was serious investment in food…
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Driving Pan Africanism: Zimbabwe to host Africa One Identity Business Seminar
May is the month to celebrate Africa Day and as a precursor to this important day with a view of driving Pan-Africanism on the continent, Africa One Identity will host a business seminar to push a development agenda as the business sectors from different countries, mainly our own host country, Zimbabwe, meet to discuss, share,…
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SADC Executive Secretary to participate at 2024 IMF and World Bank Spring Meetings
The Executive Secretary of the Southern African Development Community (SADC), His Excellency Mr. Elias M. Magosi will lead the SADC Secretariat delegation to participate at the Spring Meetings of the International Monetary Fund (IMF) and World Bank in Washington, D.C in the United States of America scheduled for 15 -20 April 2024. The participation of…
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Transport, infrastructural development stimulate industrialisation and modernisation
The transport and infrastructural development sectors play a key role in the industrialization and modernization of Zimbabwe, Advocate Jacob F. N. Mudenda, the Speaker of Parliament has said. The Speaker made the remarks at the Induction Workshop for the Portfolio Committee on Transport and Infrastructural Development held at Kadoma Hotel and Conference Centre from 12-15…
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Zimbabwe’s mining potential untapped: Canadian firm
Writes Elvis Dumba Chinhoyi – A Canadian firm, Xplorerlink International Investment has said Zimbabwe still has a huge untapped potential in the mining sector that could see the country becoming a powerhouse in gold, copper, chrome, and in producing other minerals. The sentiments were made by Teres Keragbrzyg, Chairman of a Canadian-based international firm, Xplorelink…
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Small-Scale Farmers Forge Path to Affordable Certification Through Collective Action
Writes Zvikomborero Machinga In the world of agriculture, certifications such as Global G.A.P and organic certification have become indispensable markers of quality, sustainability, and marketability. However, for small-scale farmers, the cost of individual certification often stands as a formidable barrier, constraining their ability to access lucrative markets and maintain competitiveness. In response, a growing trend…
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Economist Dr Tapiwa Mashakada shares his views on ZiG Currency
Writes Dr Tapiwa Mashakada I have noted with concern that the Zimbabwe Gold (ZiG) Structured Currency cannot buy fuel. This means that it is not accepted by petrol stations as legal tender. Any currency that cannot be defended by monetary authorities won’t serve its purpose as a store of value and means of exchange, which…
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School website and email should be mandatory in Zimbabwe
Writes Engineer Jacob Kudzayi Mutisi In today’s digital age, where technology permeates every aspect of our lives, educational institutions must adapt and embrace digital platforms. In Zimbabwe, schools should consider implementing school websites as an indispensable tool for fostering effective communication, promoting student engagement, and facilitating the acquisition of essential IT skills. By making school…
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“Zimbabwe Pact for Carton Packages” takes recycling to a higher level
In a pioneering move aimed at kicking off the Liquid Board Packaging recycling landscape in Zimbabwe, world-leading food processing and packaging solutions company, Tetra Pak in partnership with major stakeholders in the dairy industry has signed the “Zimbabwe Pact for Carton Packages.” The Pact for Carton Packages Waste plans to bring together businesses from across…
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ZiG Currency: Catalysing Zimbabwe’s Middle-Income Pursuit, Empowering Economic Well-being
Writes Elvis Dzvene Zimbabwe has taken a crucial step in revitalizing the economy and instilling trust in the financial sector by introducing the groundbreaking Zimbabwean Gold-backed Dollar (ZiG) as the official replacement for the declining Zimbabwean dollar. This momentous milestone signifies a significant shift in the monetary scene of the country, providing a glimmer of…
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SADC Member States meet to validate Regional Biodiversity Strategy and Action Plan
The Food and Agriculture Organization of the United Nations (FAO) in collaboration with the Southern African Development Community (SADC), has organized a three-day workshop to validate the SADC Biodiversity Strategy and Action Plan (BSAP); developed with technical and financial support of FAO under the European Union (EU) funded Capacity Building Related to Multilateral Environmental Agreements…
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WFP provides technical support for food distribution in Zimbabwe
The United Nations World Food Programme (WFP) has partnered with the Government of Zimbabwe by providing information communication technology (ICT) equipment to alleviate hunger in the country. The WFP today handed over ICT equipment to the Ministry of Public Service, Labour, and Social Welfare. The donation comprised 75 tablets, 5 laptops, 2 desktops, and 3…
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President Mnangagwa Endorses Dr. Muzamhindo’s Growth Transformative Strategy Book
In a remarkable turn of events, Dr. Tinashe Muzamhindo’s book, titled “Growth Transformative Strategy,” has received widespread acclaim and endorsement from none other than the President of the Republic of Zimbabwe, President Emmerson Mnangagwa himself.
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US$1m Murambinda Quarry Mine ready for commissioning
Staff Writer A US$1 million new quarry mine investment in Murambinda is now set to be commissioned with a capacity to crush about 120 tonnes of quarry per hour. The produced quarry is being used for concrete purposes while its dust will mold bricks and drain pipes as part of value addition and the creation…
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Village business units program kick-starts
Staff Writer There are thousands of village business units being set up by the Government across the country, with some already operational, including about 50 in Murambinda alone where the 44th Independence celebrations are taking place. During the Uhuru celebrations, President Mnangagwa will officially hand over the model village business units to beneficiaries. Recently, Cabinet…
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Zimbabwe’s currency ZiG survives into future if managed the UAE way
Writes Michael Tichareva To build confidence in the sustainability of the recently introduced Zimbabwe currency, let us look at the United Arab Emirates (UAE) currency and how it is managed to illustrate how ZiG will likely move into the future. The UAE dirham (AED) is a managed currency, and it is pegged against the US…
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GRI to host landmark International Investment Forum in Dubai
Global Renaissance Investments (GRI) is set to host an International Investment Forum in Dubai, United Arab Emirates from July 24th to July 28th, 2024. Running under the theme “Investment Opportunities in Africa,” this high-profile event aims to bring together key stakeholders and industry leaders to explore and capitalize on investment prospects in the African continent.…
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Teen Rescue Mission mobilises youth for a clean-up campaign
Writes Marlvin Ngiza Youths under the banner of Teen Rescue Mission (TRM) in Mutare on Friday turned up in huge numbers for a national clean-up day which they hosted under the theme “Our environment, our future”. TRM Mutare youths demonstrated their commitment to cultivating a pristine environment and they exhibited unwavering dedication in ensuring the…
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YETIN National Youth Entrepreneurship Conference set for 13 April 2024
Writes Chimeno Azriel One of Zimbabwe’s most effective youth organizations, Youth Empowerment Through Innovation Trust ( YETIN) is set to launch the first-ever National Youth Conference on 13t April 2024 at the Harare International Conference Centre. The one-day Conference is in partnership between the Zimbabwe Government and YETIN Trust. Running under the theme ” Willingly…