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By Zimnat Zimnat would like to clear the air and give accurate information with respect to Diaspora Funeral Cash Plan (DFCP) policies. The background to this are the recent media reports surrounding changes to the above existing policies. The relationship between Zimnat and Destiny Financial Services T/A as DFCP Since January 2012, Destiny Financial Services…
By Joyce Mukucha The Women Coalition of Zimbabwe (WCoZ) is enhancing women’s participation and influence as well as strengthening national accountability on gender equality and empowerment. The organisation strives to ensure a conducive environment and has created a focal point for women’s rights from diverse backgrounds to guarantee equality and equity in as much as…
Mentoring scheme supports innovators working on novel solutions to build resilience in the Horn of Africa, the Sahel, South Asia and Southeast Asia The Global Resilience Partnership (GRP) has announced the 16 winners of their Innovation Challenge, focused on surfacing resilience solutions across Africa and Asia. Challenge winners receive three months of technical advice, mentoring and…
By Anyway Yotamu and Joyce Mukucha The Zimbabwe Tourism Authority (ZTA), First Mutual, TelOne, Mimosa amongst other stakeholders has partnered with Institute of Risk Management (IRM) Zimbabwe regional group to officially launch the Zimbabwean regional group to ensure that the nation catches up with the leading global practice. The IRM regional group’s main thrust seeks…
Reserve Bank of Zimbabwe deputy governor Dr Jesimen Chipika emphasised to chartered secretaries meeting in Victoria Falls last week that the government’s Transitional Stabilisation Programme is a two-year transitional programme to lay the foundation for subsequent five‑year plans. She said the basic problem when it came to the worsening foreign exchange rate was one of…
Only 20% of European Union exporting companies are owned, led or managed by women. (Brussels-Geneva) – Women are under-represented among companies in agriculture and manufacturing sectors engaged in external European Union trade and women-led companies are mostly found in sectors with lower export growth potential. These are some of the findings of From Europe to the…
On the margins of the United Nations Climate Action Summit convened by the Secretary-General, H.E. Mr Antonio Guterres to drum up support for climate action, a group of like-minded countries, financiers, project developers and the United Nations Economic Commission for Africa (ECA) launched on Monday an initiative to energise climate resilient development in Africa faster,…
By Abigail Mzimbawakhe (Midlands Correspondent) The Infrastructure Development Bank of Zimbabwe (IDBZ) which had promised to fund the drilling of 20 commercial boreholes has disappointed Gweru City Council (GCC) after it lost the inflated US$6 million tender to source funding and supply pumps for Amapongokwe Dam. The issue of the commercial boreholes was…
Soccer fans attending the Dynamos v Highlanders Chibuku Super Cup game at Rufaro Stadium today will be able to use NMB’s TapCard to pay the entrance fee. The card is available from NMB branches or registered agents, including selected OK supermarkets. Anyone can get the card. There is no need for a bank account….
Dandemutande chief executive Never Ncube was declared Chartered Secretary of the Year at the Institute of Chartered Secretaries Annual Conference Dinner in Victoria Falls last Friday. Agribank company secretary Lovemore Rwazemba was the runner-up. Reading the citation before presenting him with the Chartered Secretary of the Year trophy, ICSAZ chief executive and secretary Dr…
Mobile network operators are spending millions of dollars on replacing stolen batteries and on security following a spate of vandalism at their base stations. Tower vandalism is a significant issue affecting not only operators but consumers whose service may be cut off completely in some areas. Each theft incident can result in the network in…
Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), yesterday at the United Nations Headquarters in New York, received the 2019 African Renaissance and Diaspora Network Private Sector Development Award. The award, presented by the African Renaissance and Diaspora Network (ARDN) during the “Africa: Open for Business Summit” on the sidelines of the United…
By Joyce Mukucha Following representation from young people and various stakeholders in quest of youth empowerment and participation, the Ministry of Youth, Sport, Arts and Recreation has advocated for the operationalisation of Youth Focal Desks and the appointment of youth representatives in all Government line Ministries and departments at all levels. This is meant to…
By Byron Mutingwende Prominent politician, philanthropist and businessman Mr. Joseph Makamba Busha has said leadership embraces provision of solutions to society’s myriad of challenges. Mr. Busha made the remarks while addressing University of Zimbabwe students drawn from the membership of the Leadership Development Network (LDN) at the tertiary institution’s Students’ Representative Council on…
The chartered secretary’s role is just as important today as it was when the profession first emerged after the establishment of limited companies in the nineteenth century, the director general of the global Institute of the Chartered Governance Institute said on Thursday. The Chartered Governance Institute is the new name adopted by the global Institute…
The Secretary-General of the World Tourism Organization (UNWTO), Zurab Pololikashvili, and the CEO of Iberia, Luis Gallego, have signed a cooperation agreement in favour of sustainable tourism, at the headquarters of the airline. The two organisations share a commitment to enhancing the environmental, social and economic sustainability of the tourism sector, in line with the…
Leaders should devise an “incentive structure” to promote a startup culture among young Africans. “I think they will produce the magic,” Albert Muchanga, the African Union’s Commissioner for Trade and Industry, told a gathering on infrastructure at the United Nations on Wednesday. Muchanga said colleagues were working to “harmonise our policies, rules and regulations” to…
Siemens extends its Eskom Expo partnership to schools in Ghana, Kenya, Uganda, Tanzania and Ethiopia Siemens (www.Siemens.com) is committed to supporting and developing young, African innovators; Siemens extends its Eskom Expo partnership to schools in Ghana, Kenya, Uganda, Tanzania and Ethiopia; Refurbishing and restocking Sekondi College computer lab as part of Siemens localization programme. 23-27…
By Engineer Jacob Kudzai Mutisi It is our black government that was behind the death of Olivine, Willowvale, COTTCO, NRZ, Barbican, just to name a few. We do not want the same to happen to Sakunda and Croco Motors. The Minister of Finance and Governor Sirs, the problem is not externalization, it is survival….
Leaders gathering for the United Nations General Assembly from 17-30 September 2019 in New York have made a strong plea for enhanced South-South cooperation to strengthen food security during a session co-hosted by the African Development Bank (https://AfDB.org/en). Speaking as part of this session on the role of South-South cooperation to achieve sustainable development for…
The meeting of the group’s leaders took place at the UNICEF headquarters in New York on the sidelines of the UN General Assembly “Energy, passion and a lot of young people who care about nutrition” will underpin the Scaling Up Nutrition (SUN) Movement’s newest phase, alongside stronger private sector engagement, members of the Lead Group…
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, yesterday in New York, urged African countries to create vehicles that would make it possible for manufacturers to trade across the continent. Speaking during a high-level event on the Third Industrial Development Decade for Africa 2016-2019, organised at the United Nations Headquarters, Prof. Oramah…
Showcases dozens of new ‘Explore’ features on App Launches massive $10m SASAI promo with 5 houses up for grabs “The future of EcoCash is in the SASAI App!” This was the bold assertion by Cassava Smartech Zimbabwe CEO Mr Eddie Chibi, as he unveiled the SASAI App’s new features, which have been developed by Cassava Fintec International. …
By Filippo Sona On the occasion of the Africa Hotel Investment Forum (AHIF) (https://www.AHIF.com) this week, Filippo Sona, Managing Director, Global Hospitality Drees & Sommer (https://www.DreSo.com/), asks whether Sub-Saharan Africa is ready for an iconic hotel asset that will shape the image of African tourism. According to the annual African Hotel Chain Development Pipeline Survey…
Global Credit Rating (GCR) has revised Zimnat General Insurance’s national scale financial strength rating to A+(zw) Stable Outlook, from its previous rating of A-(zw).The financial strength rating (formerly claims paying ability) went up two notches. GCR is the leading emerging market focused ratings agency, rating the full spectrum of security classes based on the best international…
As the Zimbabwe Institution of Engineers (ZIE) 10th Biennial Conference kicked off in Harare today, there has been a call for Engineers in Zimbabwe and beyond to come up with a solution to Harare’s water crisis. The theme for the conference is “The Role of Engineering Professionals – Fundamental Duties for National Development” and alludes to…
States, businesses and civil society gear up for decisive decade for Agenda 2030 Four years after the adoption of the 2030 Agenda for Sustainable Development, and with efforts off track for meeting its objectives, world leaders today called for a decade of ambitious action to deliver the Sustainable Development Goals (SDGs) by 2030 and announced…
Econet Chairman, Mr Strive Masiyiwa has said the electric vehicle (EV) is one of the coolest energy adaptation solutions that have emerged in modern world. In coming up with this conclusion, Mr Masiyiwa presented interesting points. The telecoms guru alluded to the fact that most industrialised countries, including China and the European Union have announced…
As the Harare water crisis deepens, the Movement for Democratic Change (MDC) and the Combined Harare Residents Association (CHRA) have voiced concern over what they termed interference by authorities for political expedience over prioritising the lives of the people. MDC Secretary General Chalton Hwende and the party’s Local Government Secretary, Elias Mudzuri today held a…
By Charles Dhewa While the importance of involving communities in solving their own challenges has been supported for decades, the limitations of participatory methodologies have not received enough attention. Usually participatory methods emphasise the participation of individual people as opposed to communities. Unfortunately, many people may have limited capacity to interpret information and knowledge. It…
Travel and tourism remained one of the key growth drivers of Africa’s economy, contributing 8.5% of the GDP in 2018; equivalent to $194.2 billion. According to the 2019 Jumia Hospitality Report (http://bit.ly/2mny9OY) Africa, this growth record placed the continent as the second-fastest growing tourism region in the world, with a growth rate of 5.6% after Asia Pacific…
Technites Africa has launched a revolutionary digital platform which offers one of the widest range of on-demand services and instantly connects customers to independent service providers (highly skilled individuals, SMEs and Corporates) for the delivery of quality domestic and enterprise solutions in the formal and informal sectors. “The biggest challenge Africa faces is extremely high…
Company announces four new deals including entry into Cape Verde; Development pipeline expected to drive owner investment of over $2 billion and generate 12,000 new jobs From the Africa Hotel Investment Forum in Addis, Marriott International (http://www.Marriott.com) reinforced its commitment to Africa by announcing it expects to add 40 properties and over 8,000 rooms across…
By Byron Mutingwende Despite announcing a data and SMS tariff adjustment starting September 23, 2019, Econet’s tariffs remain competitive in the region. The leading mobile network operator by both subscriber base and network coverage has announced another price adjustment for its data and SMS bundles as telco operating costs and other prices of other goods…
By Tatenda Mujeyi Key Stakeholders convened at a validation and consultative workshop organised by the Scientific and Industrial Research and Development Centre (SIRDC) with support from the African Development Bank (AfDB) in a bid to rationalise state owned enterprises. The project is part of government’s broad initiative to restructure all state enterprises that was approved…
The African Export-Import Bank (Afreximbank) yesterday in Kampala concluded the formalities for the take-off of its East Africa Branch Office in Kampala as it signed the two principal documents with the Government of Uganda at a ceremony witnessed by President Yoweri Museveni of Uganda and former Nigerian President Olusegun Obasanjo. Afreximbank President Prof. Benedict Oramah…
The momentum for the Caribbean coconut industry is set to continue. The European Union (EU), the Caribbean Forum (CARIFORUM) and the International Trade Centre (ITC) announced today in Bridgetown, Barbados, the continuation of the Alliances for the Coconut Industry Development Expansion and Enhanced Support for the Caribbean project (Coconut II), which aims to ensure that…
By Joyce Mukucha Small to Medium Enterprises (SMEs) in Zimbabwe have realised the potential in offering aquaculture related training which aims at exposing participants and prospective investors to fish farming business with a lot of income being generated from the projects. Professional organisations in the Zimbabwean aquaculture industry are making tireless efforts in helping the…
By Zimbabwe Coalition on Debt and Development Tax can be understood as an obligatory but “involuntary” payment made by certain individuals and entities of the society deemed liable by the relevant authorities into the state offers for the public good. One of the critical description of taxes is that they are an important of source…
Following the outcry over hiked percentages demanded by Ecocash Agents to those willing to access cash, Strive Masiyiwa, the Chairman of Econet absolved his company of the responsibility for the mess. He headlined his response as Talks On EcoCash Agents Selling Cash, “Whose Cash Are Agents Selling? Below is Mr. Masiyiwa’s response: The issue of…
Over 9 000 business leaders, decision makers and topic experts, 600 speakers as well as 100 fin-techs will converge in London beginning on September 23 to 26 for Sibos, the world’s premier financial services showcase. Blue Code Africa, who are developing the future of mobile payment in Africa and Europe, will be exhibiting at…
The coaches will be rewarded for their contributions to their communities with Arsenal youth shirts for their team Today, WorldRemit (www.WorldRemit.com) announces that 16 applicants from Africa have been shortlisted for its Future Stars programme. Of these 16 coaches, eight are women. WorldRemit and Arsenal launched the second edition of the Future Stars programme in…
By Owami Sithole Three teams consisting of men and women mixed doubles are set to compete in the third edition of the Chinese Ambassador’s Table Tennis Cup which will be held over the weekend at the Gymnasium Harare International School. During a press briefing on Wednesday in Harare, Director of the Political Section Guo Jing…
By Tatenda Mujeyi The Media Monitors of Zimbabwe is holding a three-day training workshop on Public Finance Management Reporting in Harare to familiarise media personnel on the needed actions. The training is informed by a research that the media monitors engaged in so as to generate knowledge on the prevailing conditions within public fiscal management….
By Joyce Mukucha In trying to reach huge markets through its Digital Entertainment On Demand (DEOD) platform, TelOne is geared to roll out more local streamed viewing options for audiences. In a statement, TelOne Managing Director, Chipo Mutasa said DEOD is a fully converged linear on demand streaming package that brings thousands of hours of…
