Capital Markets Evaluator, Akribos says Econet Wireless (EWZ)'s Shares Are Currently Undervalued

Econet the network of choice for corporate consumers

Zimbabwe Stock Exchange listed mobile network service provider Econet Wireless Zimbabwe is the network of choice for 88 percent of corporate consumers in the country, according to a survey commissioned by the telecoms regulator, the Postal and Telecommunications Regulatory Authority of Zimbabwe(POTRAZ). The consumer satisfaction survey, for the period ending December 2018, conducted by Topline…

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Letitia Gaga re-elected ICSAZ President

Letitia Gaga, the Baines Avenue Clinic finance and administration director, has been re-elected for a second term as president of the Institute of Chartered Secretaries and Administrators in Zimbabwe. She was re-elected at the institute’s annual general meeting at its headquarters, Dzidzo House, in Harare on May 22. Dr Sipithi Nkomo and Mrs Gladys Mudyahoto…

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Tendai Mtawarira appointed Tourism Ambassador

The Minister of Environment, Tourism and Hospitality Industry has appointed sporting sensation, Tendai “Beast” Mtawarira as Tourism Ambassador at a colourful event at Rainbow Towers Hotel today.   The concept of Tourism Ambassadors is widely used as a tool for promoting many destinations across the globe. People are appointed Tourism Ambassadors for their ability to…

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CHRA urges Harare Mayor to urgently halt all water disconnections

The Combined Harare Residents Association (CHRA) has urged Harare Mayor Herbert Gomba to “cease all arbitrary water disconnections” across the City in the absence of a billing system. CHRA described the actions by City of Harare of arbitrarily disconnecting water to arm twist or coerce ratepayers to pay rates when it cannot ascertain payments made…

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NANGO invites citizens to online discussion on TSP

Discussion runs from 3 June to 3 July 2019 In October 2018, the Government of Zimbabwe introduced the Transitional Stabilisation Programme (TSP) to stimulate economic growth and stabilise the macroeconomic situation in the country. The Programme outlines policies, programmes and projects that will guide Zimbabwe’s socio-economic interventions and initiate policy responses to position the country…

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POTRAZ launches 2018 Consumer Satisfactory Survey Report

By Tatenda Mujeyi The Postal and Telecommunications Regulatory Authority (POTRAZ) has launched its 2018 Consumer Satisfaction Survey Report at its headquarters in Mount Pleasant, Harare, today. The survey is the third by the regulator and seeks to realise the level of satisfaction by consumers of the telecommunications, courier and Postal products in Zimbabwe every two…

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ITC, UPS prepare women entrepreneurs for the export market

The International Trade Centre (ITC) and UPS (NYSE:UPS), today announced a series of training seminars and workshops for women business owners, as part of the Nigeria chapter of ITC’s SheTrades initiative. The collaboration aims to increase the participation of women-owned businesses in trade by improving their competitiveness, providing solutions for trade logistics and strengthening their support ecosystem…

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UNWTO/IPSOS Global Survey – Local Residents Remain Largely Positive to Urban Tourism

A global survey conducted by the World Tourism Organisation (UNWTO) and IPSOS shows a positive picture of local residents’ perceptions towards urban tourism. Looking at 15 countries worldwide, the research also identified what residents consider to be the best ways of managing rising numbers of tourists, highlighting differing attitudes to urban tourism among different socio-demographic…

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Small consistent incomes are better than random high yields

By Charles Dhewa Rural households that receive regular small incomes tend to have a better standard of living than those earning a once-off payment from a single commodity like cotton, cocoa or tobacco. Levels of malnutrition and poverty are often higher among communities that depend on high yielding mono-crops than those surviving on diverse agricultural…

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Biodiversity decline hampering tourism

By Tatenda Mujeyi and Byron Mutingwende The decline in biodiversity initiated by malpractices in administering natural resources and ecosystem management is hampering the realisation of maximum potential tourism returns. The remarks were echoed by most speakers at the belated World Biodiversity Day commemorations hosted by the United Nations Development Programme (UNDP) in Harare last Thursday….

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Mupfumira officially opens Mutarazi Falls – Place for Adrenalin fanatics

Certainly the best view comes after the hardest climb. This is the story at Mtarazi Falls Sky Walk and Zip line on the northern part of the Eastern Highlands of Zimbabwe which was officially opened this Friday by the Minister of Environment, Tourism and Hospitality Industry, Honourable Prisca Mupfumira. Mutarazi  Falls is a 762m tiered…

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PRAZ enhancing Transparency and Accountability

By Tatenda Mujeyi The Procurement Regulatory Authority of Zimbabwe (PRAZ) is meant to foster transparency and accountability, the CEO, Mr Nyasha Chizu said at a breakfast meeting organised by Transparency International Zimbabwe in Harare today. PRAZ emphasised its establishment was a reflection of government’s commitment to effectively institute accountability and transparency on the procurement process….

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Proper information management promotes good governance, transparency

By Byron Mutingwende   Information is a fundamental asset and managing it is critical for ensuring evidence and accountability, Minister of Public Service, Labour and Social Welfare, Dr Sekai Nzenza has said.   She made the remarks at a meeting organised by the National University of Science and Technology (NUST) held under the theme “Evidence-based…

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Econet, Yara Launch Generation Africa in Bid to Promote Youth Entrepreneurship to Africa

Telecommunications company Econet and a global 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 money to two exceptional business…

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Kwesé Free Sports to broadcast Castle Africa 5-a-side football across the continent

Castle Lager, South Africa’s most loved and iconic brand, has joined forces with pan-African sports and entertainment channel, Kwesé Free Sports, to deliver the second edition of Africa’s Premier Social Football League, Africa 5-a-side (Africa 5s), to football fans across the continent.   The partnership will afford football loving fans across the continent an opportunity…

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ZESA Power Outages Crippling Businesses, Communities

By Tatenda Mujeyi The load shedding measures introduced by the power utility, ZESA, have left communities crippled as they can no longer go through their daily business efficiently. The load shedding measures which have seen most neighbourhoods accessing electricity for 12 hours a day commenced last month following announcement that the water levels at Kariba…

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Zimbabwe to lose about US$100 million as Astro Mobile sets up manufacturing plant in Zambia

By Byron Mutingwende   In a move perceived by many as counter-productive, Zimbabwe is set to lose close to US$100 million worth of exports annually after Astro Mobile failed to get support to set up a manufacturing plant in the country but was instead welcomed in Zambia.   “The move by the government to put…

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CABS implicated in unfair labour practices

By Tatenda Mujeyi The Central African  Building Society (CABS)  has been implicated in a case of unfair labour practices by the Zimbabwe  Bankers Allied Workers Union following  the expulsion of ZIBAWU workers committee Chairperson Pikirai Guvheya. Pikirai Guvheya is alleged to have been fired following allegations of failing to follow banking procedures, charges that ZIBAWU feels…

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Environmental Lawyers Launch High Court Application On Trade In Wild Elephants

The People and Earth Solidarity Law Network (PESLawyers) has launched an application for an interdict with the High Court on Zimbabwe’s trade in wild elephants. The lawyers have since served the court papers on the respondents who are the Zimbabwe Parks and Wildlife Management Authority (Zimparks), The Director-General of Zimparks (in his official capacity) and…

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POTRAZ Will Continue Reviewing Telecoms Tariffs

Zimbabwe’s telecoms regulator, the Postal and Regulatory Authority of Zimbabwe (POTRAZ) says it will continue reviewing tariffs in line with cost movements and international best practices following concerns over the high cost of products in the country. Telecommunications service providers announced new tariffs effective April 1 in response to rising costs following the removal of…

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Prestigious US’ Yale University Honours Strive Masiyiwa

Strive Masiyiwa, the Founder and Executive Chairman of the Econet Group was recently recognized by the Yale University and awarded an honorary Doctorate of humane letters by the esteemed institution, Yale University. Strive Masiyiwa was one of the 11 people conferred with honors doctorates in their respective disciplines. These included Chimamanda Achidi an author and Lawrence…

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Ecocash new innovation: Micro Services for customer convenience

EcoCash through the Cassava Smartech, an innovative and technology company, have joined the world class way of doing business with its all new micro services. The micro services allow for better interaction with customer base of over 9 million subscribers on-the-go thereby decongesting their call centre. Long queues, hours of waiting and disappointments will now be a…

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UNWTO Secretary-General on official visit to Italy, Deepening Partnership

The Secretary-General of the World Tourism Organisation (UNWTO), Zurab Pololikashvili, has arrived in Rome to begin a first visit to Italy as head of the specialised agency of the United Nations. During the three-day trip, he will meet with H.E. Mr. Gian Marco Centinaio, Minister of Agricultural, Food, Forestry Policies and Tourism for Italy. Mr…

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Zimbabwe engages African Peer Review Mechanism

By Tatenda Mujeyi The Zimbabwean Government has engaged the African Peer Review Mechanism, an agency of the United Nations that caters for governance, sustainable development and peace building. The African Peer Review Mechanism is also the membership board that facilitates United Nations signatories to be members of the New Economic Plan for African Development (NEPAD)….

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Facebook Celebrates One Year of NG_Hub

Celebrating exactly a year to the day since the doors of NG_Hub opened in Lagos, and Facebook (www.Facebook.com) further cemented its ambitions to train users across Nigeria in digital skills, Facebook released an infographic highlighting key milestones over the past year. Created as part of Facebook’s ongoing commitment and investment in growing the start-up ecosystem,…

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Diversity, balance, sensitivity still missing in SA Television media: Gender Links

By Gender Links Johannesburg, 20 May 2019 There is urgent need to achieve greater diversity, balance and sensitivity in the coverage of gender violence in South African television. This is the key finding of the first ever gender monitoring of the audio visual media to include entertainment and children’s programming, in addition to the news,…

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Experts prepare for rapid changes in the digitisation of tax sector

By Charlene Kunira The current, defining technology trends are having a significant impact in the tax arena and these are effecting many organisations’ tax function, and the role of tax professionals in Zimbabwe. This has driven tax consulting firms to project into the future realising that it will be a period of significant technological advancement…

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City of Bulawayo Ignites Celebrations

By Lovemore Chazingwa (News Correspondent) BULAWAYO – Entumbane Hall today plays host to City of Bulawayo’s launch of this year’s Culture Week, feeding into full blown 125 years of existence of the conservative territory, Spiked Online Media has learnt. In press statement obtained from the office of the public relations office, City of Bulawayo will…

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Mr Eddie Chibi

Vaya Logistics set to give Cassava on Demand services a lift

Cassava Smartech Zimbabwe says its growing on-demand business is set for a boost with the coming on stream of fully-fledged logistics services. The listed tech giant’s CEO Mr Eddie Chibi said Cassava On Demand, which over the past six months has been offering Vaya Mobility services, had started rolling out Vaya Logistics services in earnest,…

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Distributed Power Africa in partnership with EDF to deploy hybrid energy in Africa

By Spiked Correspondent Distributed Power Africa (DPA), a subsidiary of Econet Wireless Global, and EDF (Électicité De France) a world leading electricity company, have signed partnership cooperation agreement to jointly develop Commercial and Industrial (C&I) and hybrid energy solutions to the African market.  The collaboration is expected to focus on the development of distributed-energy solutions…

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To sell or not: decision-making challenges in unstable economic environments

By Charles Dhewa A majority of African farmers tend to make decisions based on their experiences, expectations and fears, especially in an unstable economic environment and changing climate. At the beginning of each  marketing season, a question in every farmer’s head is “Should I sell now or later?”  Since the future is unpredictable from both…

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Chinese Embassy offers Cultural Exchange Programme

By Tatenda Mujeyi  The Chinese Embassy to Zimbabwe on Friday showcased a series of arts performances from the Nanjing Province as part of strengthening the Cultural tide that comes with the Comprehensive Strategic Partnership. “As we know, China and Zimbabwe are good friends and partners, and we enjoy a comprehensive strategic partnership of cooperation. Cultural…

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Chinese tourists expedition promises bigger visitations in future

A delegation of 343 tourists from China who have keen interests in exploring strategic alliances and business opportunities made their last stop at Victoria Falls – Zimbabwe’s most popular tourist destination located in the north-western corner of the country.  The delegation’s visit to one of the natural wonders of the world  included a boat cruise…

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Econet’s Buddie Beatz music app excites the market

Buddie Beatz, the music app from Econet Wireless, continues to excite the market following its recent launch and its award-winning experiential exhibition at the Zimbabwe International Trade Fair (ZITF). “The interest has been phenomenal since, thanks to our customers that have taken this product to heart, and to the music artists who have been amazing,”…

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