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Statement from 64 civil society organisations and coalitions ahead of the second meeting of the Fair Pricing Forum, hosted by the World Health Organization and South African government April 11-13th in Johannesburg. The Fair Pricing Forum will ask what is a fair price for a medicine? We accept that different stakeholders will have different understandings…
Deploying new resources and actions for the progressive adaptation of the Balearic Islands (Mallorca, Menorca and Formentera) to the objectives of the 2030 Agenda, is one of the main objectives of the agreement signed between the World Tourism Organisation (UNWTO) and the IMPULSA BALEARS Foundation. Its aim is to jumpstart the process of the strategic…
Sharing his vision on the leading role of the African Development Bank, Adesina urged American businesses to engage more with the continent Speaking at a high-level dialogue in Washington D.C. on the sidelines of the World Bank-IMF Spring meetings, the President of the African Development Bank (http://www.AfDB.org), Akinwumi Adesina, said “It is time to turn around the declining investments…
The Digital Lab Africa (DLA) call for projects #3 closed on the 31st of January 2019 with around 500 entries from over 30 Sub-Saharan African countries. The DLA digital content industry experts have chosenthe 30 finalists who will compete in the DLA online pitch competition. The startups, entrepreneurs and creators are all from the African…
By Byron Mutingwende Mr Cloffas Nyagumbo, the Green Innovation Hub (GiHub) Project Manager and Deputy Country Director of SNV Zimbabwe had a one-on-one meeting with Spiked Online Media wherein he laid out the advantages of the initiative to the youths and the economy. He said the GiHub seeks to address challenges around youth unemployment, climate…
Econet Wireless has commissioned a 466KW solar power plant at its Willowvale industrial complex in Harare, the largest commercial and industrial carport and roof mount installation of its kind to be deployed in the country. The solar plant was engineered and designed by Distributed Power Africa (DPA), Econet’s solar business in line with the company’s…
The National Transport Drivers’ Association has earmarked a familiarisation and interactive meeting with Mr. Oliver Chidawu, the Minister of Harare Metropolitan Province. Mrs Jotina Matanhire, the President of NTDA encouraged members of her organisation based in Harare to inculcate the culture and moral template of being law-abiding citizens with special focus on the commuting public…
The African Development Bank Group (www.AfDB.org) hosted 11 sister institutions for the annual multilateral development bank (MDB) roundtable on trust funds and co-financing, held on 28-29 March, 2019. The aim of the roundtable was to enhance benchmarking across the development finance institutions (DFIs), raise awareness of emerging innovative approaches to resource mobilisation and of new…
African Development Bank (www.AfDB.org) President Akinwumi Adesina is expected in Washington DC, on Monday, to take part in the IMF/ World Bank Spring meetings from 9-12 April. Dr. Adesina and a delegation of senior Bank officials, are expected to meet with US Congresswoman Karen Bass, who serves on the House Committee on Foreign Affairs where…
Company on-track to grow its portfolio by 45 percent through the end of 2023 with over 100 properties under development Marriott International (www.Marriott.com) today announced it expects to add 19 new properties and more than 3,000 rooms to its Middle East and Africa portfolio in 2019. Underpinning a strong demand for its diverse brands, the new…
By Charles Dhewa Contrary to the hype in which ICTs are presented as a panacea, ICTs-related costs in many African countries eroding the meagre promised benefits. Countless studies and articles (including this one https://www.techzim.co.zw/2019/03/cost-of-mobile-data-in-zimbabwe-should-we-even-compare/) show that the cost of data is increasing in Africa when such costs are decreasing in other parts of the world….
By Jacob Mafume At least six weeks after Mangudya presented a wishy wash, self-contradictory and retrogressive Monetary Policy Statement, Zimbabweans are paying the price. The exchange rate is collapsing every day, the price of the US dollar continues to firm against the fictitious RTGS dollar. It is fictitious both by definition and by reality; sadly…
The African Export-Import Bank (Afreximbank) has released its abridged audited financial statements for the year ended 31 December 2018, showing strong financial and operational performance, with total comprehensive income for the year amounting to $285.4 million. The total comprehensive income reflects a solid growth of 24 per cent compared to the prior year performance of $229.8 million and…
The PC business unit behind the hardware has rebranded itself as Dynabook. The move comes after Toshiba sold its PC business unit to Sharp, the Japanese display maker. The tech community has already lost so much in 2019. Google+, Amazon Dash buttons, Microsoft Bands. Now, we must bid adieu to Toshiba-branded laptops. The PC business unit…
By Zimbabwe Peace Project It never rains but pours Introduction Zimbabwe faced one of its greatest tragedies in the month of March. Following several forecasts of an approaching cyclone that was reported likely to affect Mozambique, Malawi and Zimbabwe, on 15 March Zimbabwe woke to a shockwave of devastation as Cyclone Idai engulfed parts of…
The Zimbabwe Tourism Authority and Welcome China will today, 7 April 2019, hold a China Ready Certification for the tourism industry in Harare. The training programme is designed to assist the destination and service providers to be ready for Chinese visitors and promote it to the market effectively. The training session has so far generated…
Google has discontinued the Pixel 2 and Pixel 2 XL, the company’s flagship smartphones from last year. As first spotted by Android Police, the Pixel 2 has been scrubbed from the Google Store page, and the old Pixel 2 URL now redirects to the Pixel 3 page. The Pixel 2XL was probably Google’s most competitive smartphone to date. There…
Apple Music has surpassed Spotify’s paid subscriber count in the United States. The shift reportedly happened earlier in 2019; Apple had more than 28 million U.S. subscribers in February compared to Spotify’s 26 million paid U.S. subscribers. Similar news broke last summer from an industry source, but now months later the WSJis corroborating the report….
U.S. security concerns about 5G mobile networks built by Chinese telecoms giant Huawei appear to be driven by politics and trade rather than any evidence, the head of the U.N. internet and telecoms agency said on Friday. Houlin Zhao, secretary-general of the International Telecommunication Union (ITU), told reporters in Geneva that security of 5G networks…
The ZIMDABA Business Platform of Investment Conferences is designed and aligned toward showcasing the variety and depth of business-ready or near-ready opportunities within Zimbabwe and the region. They are specifically geared towards nurturing mutually beneficial relationships between the international market and Zimbabwean industry, both in the public and private sectors. The 100% Zimbabwean owned initiative…
Rwanda will host Africa50’s fourth Annual General Shareholders Meeting (GSM) in Kigali, Rwanda, on July 9-10. Africa50 CEO, Alain Ebobissé, led a delegation to Kigali from March 25-27, for meetings with Rwandan President Paul Kagame and several ministers, on the sidelines of the Africa CEO Forum, to discuss the GSM and progress on the institution’s…
Vimbai Kamoyo Specialists in debt management, the Zimbabwe Coalition on Debt Development (ZIMCODD), have urged journalists to hold the government accountable over public debt. This came out at a media training conducted recently to inform media practitioners on the implications of public and publicly guaranteed debt on human rights, poverty, inequality and macroeconomic performance. Speaking…
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org), which will celebrate its 5th year anniversary in 2019, has announced the dates for its prestigious annual conference and awards, which will take place at the Cape Town International Convention Centre (CTICC), 29-30 October 2019. The conference theme this year is, Enhancing Impact: Digitalisation, Investment and Intra-African Trade. The…
WhatsApp today announced another protection for users in an effort to clamp down on the spread of fake news and misinformation. Through a new feature, users can control who has permission to add them to groups. The company says this will “help to limit abuse” and keep people’s phone numbers private. Related to this, the…
The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has moved away from a fixed model for determining the various tariffs for telecommunications operators to a flexible model. The new model is meant to improve sustainability of the local telecoms firms’ businesses by taking into account their need for viability and customers’ need for affordable…
The Institute of Chartered Secretaries and Administrators in Zimbabwe has launched a public sector accounting qualification that is designed to strengthen the capacity of public sector accounting professionals in Zimbabwe. The qualification is open to senior executives in the public sector with appropriate working experience in institutions that include state-owned enterprises, parastatals, schools, universities and…
The Zimbabwe Achievers Awards UK (ZAA UK) have released the much anticipated list of nominees for the 9th Anniversary ZAA UK event set for Saturday 25 May 2019 in London at The Millennium Gloucester Hotel, London, 4-18 Harrington Gardens, Kensington, London SW7 4LH. The list features nominees from the fields of academics, business, sport, entertainment…
Liquid Telecom has confirmed that it has completed the US$180 million sale of an 8 percent stake to the British government Sovereign Wealth Fund for developing countries known as Commonwealth Development Corporation (CDC). The company said in a statement through the Irish Stock Exchange that all conditions precedent to a deal that was announced in…
The European Union in Zimbabwe has launched a new call for proposals aimed at strengthening Civil Society Organisations (CSOs) to meaningfully contribute to governance and development processes in Zimbabwe In total, the EU is providing EUR 5 million (approximately USD 5.5 million) for projects that enhance the capacity of civil society organisations to constructively participate…
EcoCash, has set aside RTGS$5 million for small businesses in the country’s cyclone-hit areas. The funding is meant to help rebuild the economy in areas such as Manicaland and Masvingo. In a statement, Econet said the initiative named ‘Project ReBoot Livelihoods (PRL),’ is a brainchild of the company’s founder Mr Strive Masiyiwa. It will see…
Civil society under the banner of the Sustainable and Inclusive Debt Management Framework is worried about Zimbabwe’s ballooning domestic and external debt currently hovering between US$17 to $18 billion. The CSOs said the above official statistics is a result of a combination of factors spanning from inherited colonial debt; perennial budget deficits, fiscal indiscipline and…
By Charles Dhewa Not much research is needed to prove that financial systems in most developing countries do not work for the majority of people and for the environment. To the extent that financial systems are fundamentally urban ecosystems, more than 60% of the populations that live in rural areas are not part of mainstream…
Intro text we refine our methods of responsive web design, we’ve increasingly focused on measure and its relationship to how people read. A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. Even the all-powerful Pointing has no control about the blind…
For over a decade, the German-African Energy Forum has attracted thousands of participants from over 50 countries The African Energy Chamber (https://EnergyChamber.org) congratulates the German Government and the African-German Business Association (Afrika-Verein der deutschen Wirtschaft) on the success of the 13th German-African Energy Forum that took place in Hamburg on March 27 and 28, under…
Following a trail of destruction left by the ravaging Cyclone Idai, many international and local organisations and governments are coming with relief and aid but mobile telephony giant, Econet, is leading from the front. Led by Econet Wireless Zimbabwe’s Chief of Staff who is part of Higher Life Foundation, Mr. Lovemore Nyatsine, the mobile telephony…
CAS welcomes a partnership with the Zimbabwe Investment and Development Agency ahead of the second instalment of the ZIMDABA investment conference, scheduled for April 9th-11th, 2019 in London. The esteemed Royal Geographical Society (RGS) is the setting for the second ZIMDABA, an investment conference aimed towards culturing investment opportunities between businesses in Zimbabwe and the…
The Ministry of Environment, Tourism and Hospitality Industry has condemned the high level of rates purportedly being charged by some accommodation providers in Bulawayo for the Zimbabwe International Trade Fair. Permanent Secretary in the Tourism Ministry, Mr Munesu Munodawafa said the unpopular reaction to some of the charged rates calls for intervention by the authorities…
As part of its hyper-local focus and ongoing commitment towards bringing the best in locally-produced content to audiences in Southern Africa, Zambezi Magic will move to DStv channel 162 on Monday, 1 April 2019. The switch to a new channel number will make Zambezi Magic available to a wider footprint across Southern Africa to enable audiences…
By Tatenda Mugabe The National Social Security Authority of Zimbabwe (NSSA) is a far cry from meeting the International Labour Organisation (ILO) Social Security Standards number 102 of 1952. NSSA was created to offer Pension and Other Benefits scheme (POBS) to the formal sector employees. The ILO minimum standards range from unemployment benefit, medical care,…
By Byron Mutingwende Calls have been made to put to proper use foreign direct investments (FDIs) to ensure the revival of the Zimbabwean economy. The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) has noted that within the current government, Zimbabwe has entered a new political dispensation characterised by high expectations, overdrive to…
An increase of 12-20% in tax collection can raise up to $400bn and go a long way in funding $600bn financing gap Africa faces Africa’s needs to build more resilient economies if it is to have the resources to meet its development goals and targets over the next few decades. This requires the continent to prioritise domestic revenuemobilisation…
The African Export-Import Bank (Afreximbank) has announced the donation of $1.5 million to support the relief effort in aid of the victims of Tropical Cyclone Idai which devastated the southern African countries of Mozambique, Zimbabwe and Malawi recently. Afreximbank President Prof. Benedict Oramah said that the relief package was approved by the Bank’s Board of…
EcoCash has set aside $5 million for small businesses in the Cyclone affected areas in Zimbabwe which include Manicaland and Masvingo as part of an initiative to help rebuild the economy of their areas. The initiative, named ‘Project ReBoot Livelihoods (PRL)’ by Econet Wireless founder Mr Strive Masiyiwa, will see EcoCash, working with its sister…
Capital Markets Evaluator Akribos Research Services (Akribos) says Econet Wireless Zimbabwe (EWZ)’s shares are currently undervalued resulting in low trading activities. This comes as Cassava Smartech Zimbabwe (Cassava), which demerged from the telecommunications giant in December 2018, is experiencing increased trade activity on the local stock exchange and its shares have for the most part…
