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Hamid Ayodeji with agency report Stakeholders in the agriculture sector have said the recent signing of the African Continental Free Trade Agreement (AFCFTA) by President Muhammadu Buhari calls for urgent and massive investment in the sector. They emphasised that massive and unprecedented investment in the sector would boost domestic consumption, rural infrastructural development and export…
The Ministry of Energy and Power Development and the subsequent State Owned Enterprises in the energy sector have assured the nation that they are working tirelessly to address challenges that affect the reliability and security of energy supply. This was revealed by Magna Mudzingwa, the Deputy Minister of Energy and Power Development at the Zimbabwe…
By Tatenda Mujeyi Transparency International Zimbabwe (TIZ) hosted a road show in the Harare Gardens under the theme ‘I will pay, not bribe’ to negotiate for the decline in bribery payments. The road show is part of the broad objectives of the organisation to redress the corruptive tendencies of paying bribes. “The campaign is premised…
The rating provides a significant boost for the Bank at a time when it is discussing a substantial general capital increase to finance its strategy and activities over the next few years The Fitch rating, of the African Development Bank (https://www.AfDB.org), published 24th July in London, is affirmed as AAA, with a stable outlook, on…
President Hage Geingob officially welcomed President Emmerson Mnangagwa at State House at the start of an official three day state visit by the Zimbabwean head of state. During a meeting held between the two heads of state, responsible government representatives from both countries signed seven agreements and memoranda of understanding that would further consolidate the…
By Susan Reidy BRUSSELS, BELGIUM — E.U. agri-food exports are maintaining their forward momentum, breaking records in May with a total of €12.8 billion, 13% higher than the same time period a year earlier. Imports also increased to €10.7 billion, up 6% from May 2018, according to the latest monthly trade report from the European…
One of the country’s largest multi-category food companies, National Foods, hosted a welcome dinner for Zimbabwe Gems in Harare in partnership with other corporates. The ‘Gems’ arrived on Wednesday from a fine run in the Women’s Netball World Cup in Liverpool where they finished eighth in their inaugural contest. The team will only break for…
By NANGO The National Association of Non Governmental Organisations (NANGO) Board Chairperson, Ronika Mumbire, led a delegation that met the Governor of the Reserve Bank, Dr. J. P. Mangudya, on the 17th of July 2019. The objective of the engagement was to seek clarity on Statutory Instrument (SI) 142 of 2019 and the subsequent RBZ Directives….
By Tatenda Mujeyi The Youth Connekt Start-Up Bus is bringing together partners to help empower the continent’s youths to play a meaningful role in the development of their respective countries and continent as a whole. The Youth Connekt initiative is currently being piloted in Zimbabwe, by a partnership led by the Ministry of Youth, Sports,…
By Byron Mutingwende Urban Restaurant in Graniteside is the go-to-place for food lovers who appreciate the true unadulterated Zimbabwean Cuisine. Located at Number 17302 Carlton Road in Graniteside Harare at a place popularly known as “Pama Gazebo”, patrons will enjoy their food in serene surroundings with an ambience that is second to none….
By Jeff Gelski WASHINGTON, D.C., U.S. — The global food system needs to change to make sure people have enough food to eat in 2050 without destroying the planet, according to “Creating a Sustainable Food Future,” a World Resources Report released July 17. Reducing food waste, eating more plant-based food instead of animal-based food, and…
PAN-African telecommunications, media and technology group, Econet and global crop nutrition leader, Yara International ASA have launched “Generation Africa”, a partnership initiative to inspire young African entrepreneurs to join the agri-food sector for its viable business opportunities. Generation Africa will reach thousands of young people through its “GoGettaz” competition, which will award US$100,000 in prize…
The needs of Start-ups, MSMEs and SMEs in Africa today revolve around a balanced combination of financing and operational support The Senegalese General Delegation for the Acceleration of Entrepreneurship for Women and Young People (DER), under the auspices of the Presidency of the Republic of Senegal, signed a partnership agreement with GreenTec Capital Partners (https://GreenTec-Capital.com),…
By Tatenda Mujeyi The Ministry of ICT, Postal and Courier Service officially commissioned the ‘Open for Business’ stamps that are being distributed by Zimpost in Harare yesterday. The stamp is assumed to be of ambassadorial significance as it should market the ‘Zimbabwean open for business’ mantra. “While a stamp is widely regarded as a prepayment…
The Hub Unconference at Shoko Festival has officially opened its call for applications for the 2019 Hub Awards with USD8,000 (ZWL equivalent) prizes to be won. The seventh edition of the Hub Awards will be held on the first day of the Hub Unconference which will run from 27-28 September 2019 at the Harare Public…
By Tatenda Mujeyi Transparency International Zimbabwe (TIZ) has engaged key stakeholders in fiscal processes to dialogue towards the institution of informed policies in Harare today. TIZ emphasised the key role the dialogue will play in availing information that generates knowledge on prevailing circumstances and recommend on the improvements that can be implemented. “There is still…
Ethiopia’s public and private sector leaders voice approval for Africa’s premier hotel investment conference Prominent figures from Ethiopia’s public and private sectors have spoken out publicly to welcome the return to Addis Ababa of the Africa Hotel Investment Forum (AHIF) (www.AHIF.com), which is the premier tourism and hotel investment conference in Africa, and to encourage…
Church leaders under the Zimbabwe Heads of Christian Denominations (ZCC, EFZ, ZCBC, UDASIZA) held an engagement meeting with the Office of the Auditor General. They said the 2018 Audit Findings shows that there is breakdown in corporate governance across all institutions of the state. “Public resources are misused and diverted for individual gain. Stewards are…
By Collins Gumede A storm has been brewing in the second largest city of Zimbabwe as residents express anger over an unsolicited bid by Harare based City Parking to take over parking space in Bulawayo. Residents and pressure groups in Bulawayo have condemned the move to consider the Harare based City Parking at the expense…
By Byron Mutingwende The Tobacco Industry and Marketing Board (TIMB) Chief Executive Officer Dr Andrew Matibiri has provided statistics that paint a gloomy future for the crop that has sustained most farmers in the past. Dr Matibiri revealed the information while giving oral evidence to the Parliamentary Committee on Lands, Agriculture, Climate, Water…
In October 2018, the Government of Zimbabwe introduced the Transitional Stabilisation Programme (TSP) to stimulate economic growth and stabilise the macro-economic environment in the country. The programme is from October 2018 to December 2020. It is aimed at building a foundation that will ensure a prosperous and empowered upper middle-income society by 2030. TSP Relevance Today and…
By Anna Wiber To increase the quality of corn used in foods such as tortillas and chips, scientists from University of Minnesota, PepsiCo and Corteva Agriscience are calling for more research on the ingredient’s production. In the Crop Science journal article “Food-Grade Maize Composition, Evaluation, and Genetics for Masa-Based Products,” authors state that an insufficient understanding of…
Two farmers Allan Markham and Clever Rambanapasi aggrieved by the banning of private maize sales by the government have approached the High Court to contest the move. Markham is a philanthropist who buys and sells maize in communities to support many charities. “One of the works I do is to buy maize from farmers particularly…
By Tatenda Mujeyi The Zimbabwe Women’s Bureau is this week hosting a training of trainers’ workshop for the women’s cross border from six districts of Zimbabwe at its office in Harare so as to familiarise them with the circumstances they may encounter beyond the borders of the country in their line of duty. “The Information…
East Africa International Arbitration returns to Nairobi The annual East Africa International Arbitration Conference (https://www.EAArbitration.com/) returns to Nairobi this summer on the 29th & 30th August 2019 at the Radisson Blu Hotel for its 7th edition. EAIAC provides an unrivalled platform for International Arbitration practitioners, arbitration users, state counsel, academia, and in-house corporate lawyers to learn, share best practice, network and…
By Charles Dhewa Like many practices that are seriously misunderstood in developing countries, mass markets are full of distortions, faulty assumptions and wrong thinking. To assist policy makers, investors and ordinary people in getting past a number of lies and discover the real truth about mass markets, eMKambo has taken time to identify and expose…
The Zimbabwe Congress of Trade Unions (ZCTU) General Council, the highest making decision body in-between the Congress, met today 20 July 2019 to receive reports on the state of preparedness towards action against poverty, the deteriorating and unstable macro-economic environment. A statement revealed that the General Council noted that working people of Zimbabwe have…
SASKATOON, SASKATCHEWAN, CANADA — The International Wheat Conference will gather July 21-26 in Saskatoon, Canada, with a goal to strategise on ways to meet projected nutritional needs of 60% more people by 2050. More than 800 delegates, including researchers from the CGIAR Research Program on Wheat, CIMMYT, the International Center for Agricultural Research in the Dry…
A unique international online ride hailing service, inDriver, which allows passengers to negotiate the fare with drivers, has begun recruiting drivers in Harare for the service, which it intends to launch in the capital towards the end of this month. inDriver, which is headquartered in New York, has 26 million users in more than 200…
The Priscah Mupfumira-led Environment, Tourism and Hospitality Industry ministry has added another feather to its cap after Zimbabwe Parks and Wildlife Management Authority was awarded the prestigious 2019 Sustainable Green Award in Berlin, Germany. The award, endorsed by the German Federal Government, was received by ZimParks Director General Fulton Mangwanya on July 16 to round…
The African Export-Import Bank (Afreximbank) has appointed Idrissa Diop, formerly of Ecobank Transnational Inc., as its new Director of Compliance. Mr. Diop, who, until his appointment, was Ecobank’s Group Head of Compliance, replaces Maureen Mba, who retired from Afreximbank in May after a long meritorious service. The new Director comes with 20 years’ experience from various…
By GERALD ANDAE – Business Daily All has not been with Africa’s trade fabric amid standoffs over market access. For example, Kenya’s milk has had difficulties over time in accessing the Zambian market, while the actual sell-by date of the Kenyan tea has been a subject of controversy in Sudan because of different standards. And…
Tourism stakeholders led by Minister Prisca Mupfumira are in the United Kingdom to engage the Diaspora on how best to create synergies and work together in turning around economic fortunes for Zimbabwe. Speaking at the engagement workshop in Birmingham yesterday, Mupfumira said since the ushering in of the Second Republic, Zimbabwe has been generating renewed…
By Tatenda Mujeyi Cabinet has adopted major changes to the operations in the energy sector that include mandatory solar powering, debt sharing and fuel supplier monitoring to seek improvement on the energy challenges. A major solar programme has been initiated that should see incentivising of solar usage, mandatory solar power for related products as well…
By Tatenda Mujeyi The Zimbabwe Consolidated Diamond Company (ZCDC) and Russian firm Alrosa have signed a diamond mining and exploration partnership at Munhumutapa Building in Harare yesterday. The signing ceremony which was attended by the President of Zimbabwe, Russian Ambassador, senior government officials, and senior Alrosa management is a follow up to the country’s Diamond…
By Susan Reidy ROME, ITALY — While global demand for agricultural products is expected to grow 15% in the next decade, productivity growth is expected to increase slightly faster, according to an annual report by the Organization for Economic Cooperative and Development and the Food and Agriculture Organization (FAO). As a result, inflation-adjusted prices of…
Motorists driving towards Harare’s city centre along Borrowdale Road are likely to be surprised to see just before the racecourse what appears to be boulders falling from a container on a billboard and a car beneath the billboard that appears to have collided with them. This is Zimant’s latest innovative billboard advert intended to illustrate…
TECNO SPARK 3 was awarded as the phone of the year as a result of its cutting edge features TECNO (www.Tecno-Mobile.com) SPARK 3, a smartphone model by TECNO, a global premier mobile phone brand, has been awarded as the smartphone brand of the year at the 2019 edition of the Africa Information Technology & Telecoms…
By Charles Dhewa Besides focusing on pleasing foreign investors, the easy of doing business hype https://tradingeconomics.com/zimbabwe/ease-of-doing-business gives an impression that business is easy. If doing business was easy everybody would be a business person. Farmers and entrepreneurs who wait for conditions to become favourable in order to get into business will stop forever. Most organisations…
The Minister of Environment, Tourism and Hospitality Industry, Honourable Priscah Mupfumira urged the Zimbabwe Diasporas to return home and invest in various sectors of the economy for the development of Zimbabwe. The Minister is leading a delegation currently holding a countrywide diaspora homecoming roadshow in the United Kingdom aimed at increasing arrivals and heightening investor…
The Zimbabwe Tourism Authority (ZTA) has advised that it undertook a staff rationalisation programme whose aim is to right size the organisation in order to establish an efficient, effective and lean operational team. The Board said that the rationalisation programme is routine sand in line with corporate governance as legislated. The exercise was also a…
During its General Shareholders Meeting (GSM) in Kigali yesterday, Africa50, the pan-African investment platform, announced that the Republic of Zimbabwe has joined as its 31st shareholder. Speaking during the event, Africa50 CEO, Alain Ebobissé, thanked the government of Zimbabwe for its commitment to the institution, which marks a welcome expansion in southern Africa. “We are…
By Edward Makuzva Epworth residents are up in arms with the Local Board after the regularisation process done by the council allows double allocations of stands in a move that left thousands homeless. In an interview with this publication, Robert Moyo, a resident of ward 1, said the local board is very corrupt and not…
The year 2018 witnessed the resurgence of NetOne as the leading Network of Choice in Zimbabwe, with a historic $88 million turnaround from a loss position of $77 million in 2017, to a profit of $10 million in 2018, company Chief Executive Officer Lazarus Muchenje has said. “Our EDITDA grew from $15,1 million to $38,2million,…
On World Population Day the Government of Zimbabwe and partners today officially opened Tariro Clinic and Youth Centre in the Hopley area. The facilities were constructed by City of Harare through a skills development project for young people that was supported by the United Nations Population Fund (UNFPA), International Labour Organisation (ILO) and private cement…
