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Mobile network operators became the latest sector to increase prices for their products with an upward adjustment of tariffs for broadband services following the floating of the country’s local currency against the United States dollar. Zimbabwe liberalised its exchange rate on February 22 when it introduced an interbank market for foreign currency trading. The new…
By Charles Dhewa The African spiny horned cucumber is abundant in Southern Africa this farming season. Like other natural crops, it does well in seasons characterised by global warming-induced drought such as the one ravaging Mozambique, Malawi, South Africa, Zambia and Zimbabwe this year. Replaced by the English cucumber, the African cucumber has been completely…
Zimbabwe will be participating at this year’s edition of the Arabian Travel Market Fair to be held in the United Arab Emirates, Dubai from 28 April to 1 May 2019. The Fair will provide a platform for the country to increase destination awareness to key tourism stakeholders and invited international buyers and media houses. The…
By Lovemore Chazingwa Bulawayo Coming hard on the heels of this historic diamond jubilee trade fair is an equally pulsating show that has all the ingredients of a thriller. The showdown bash at Queens Sports Club today is a gig weighing in on a fair that has lived to its billing. The…
Luckin, China’s upstart coffee brand, has an audacious plan: convince China to switch from tea to coffee, overtaking Starbucks while they’re at it. It’s an expensive proposition, so they’re relying on an IPO — and a Silicon Valley mindset. “Technology is the core of our business,” Luckin Coffee, the young unicorn that emerged last year…
By Lovemore Chazingwa Trade Fair, Bulawayo Sanctions are a show of cowardice on the part of the instigator as they are not sure whether the victim is wrong or right, Uganda President Yoweri Kaguta Museveni said at the official opening of this year’s historic ZITF yesterday. The Zimbabwe International Trade Fair (ZITF) first…
Uber Technologies Inc. is seeking to raise as much as $9 billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84 billion. Uber had previously considered targeting a valuation of $100 billion, according to the Wall Street Journal, and some bankers had suggested last year that it…
PayPal on Friday revealed that it’ll pump $500 million into Uber as it extends a partnership the companies have maintained since 2013. As part of the extension, the online payment company will look into developing the ride-hailing service’s digital wallet. PayPal boss Dan Schulman mentioned that deal in a LinkedIn post early Friday. “This is another significant milestone on our journey…
Huawei’s controversial status in North America and Europe stems from a lot of different factors. At the heart of most of them, however, is the hardware maker’s alleged ties to the Chinese government. The notion of government control has been enough to cause something approaching an outright ban on its products in the States, over…
Facebook said on Wednesday that it expected to be fined up to $5 billion by the Federal Trade Commission for privacy violations. The penalty would be a record by the agency against a technology company and a sign that the United States was willing to punish big tech companies. The social network disclosed the amount in its…
Kudzanai Vere (L) the Founder and Executive President of Premium Business Network International with Mrs Semukeliso Gono at the conference
Snap will soon let game developers import your Bitmoji to use as 3D characters. TechCrunch reports that a new Bitmoji for Games SDK will support games built in Unity, the Unreal Engine, and Snap’s in-house PlayCanvas engine, and it will be free for the select developers that Snap has chosen for the platform. This is not the…
According to Indian lawmakers they said that TikTok was encouraging the spread of explicit content and “cultural degradation” among youth, and then they successfully banned the short video app — but only for a week or so, because the TikTok ban has now been lifted. That’s according to reports from Reuters, TechCrunch, CNN Business, and others. Technically, TikTok’s existing 120 million active monthly users…
Microsoft has become the third US company to pass a market cap of $1 trillion. The software giant passed the milestone briefly today after a jump in stock price today following strong fiscal Q3 earnings. Microsoft joins Apple and Amazon in hitting the $1 trillion valuation ahead of rival Google. Microsoft’s stock price opened at $130 per share today, up…
Those that have flown in for only a day or two, and tried to make the best of the limited time they had to visit every stand at the Zimbabwe International Trade Fair (ZITF), will tell you what a physically gruelling and mentally exhausting exercise it can be. But this year, Vaya has changed all…
As expected, leading mobile network operator Econet Wireless – which won last year’s Best ICT Exhibition award and the coveted Best Overall Business Stand award – is back at the Zimbabwe International Trade Fair (ZITF) this year, showcasing its growing range of smart consumer and business products to an even wider market than in previous…
The Zimbabwe Tourism Authority, Acting Chief Executive, Rita Likukuma has called on the business sector to seriously consider corporate incentive travel as a motivational tool for intensified business growth. Likukuma made the call at a function organised in collaboration with the Marketers Association of Zimbabwe in Bulawayo last night. Incentive Travel is a proven experience…
Corporate 24 Group of Hospitals yesterday launched medical cover targeting the majority who are between low and middle income earners. The medical cover comes at an opportune time as only 1 percent of Zimbabwe have medical cover while the remaining 70 percent have no cover due to unavailability of affordable medical aid insurance. The new…
NMB Bank has launched a TapCard that only needs to be tapped against a point of sale machine to pay for any purchase. The card is available to anyone, including those who do not have an NMB bank account. The TapCard will make it possible for people to pay their bus fares or even buy…
Barely six months after its introduction to the Zimbabwean market, Vaya has virtually become every individual’s mobility choice, and every business’ logistics services partner. Commercially launched in October 2018 as the first ever ‘Uber type’ ride hailing service in the country, Vaya has grown phenomenally in market size, with officials reporting in February that the…
The Zimbabwe Tourism Authority (ZTA) is this week aiming to leverage on the 60th edition of ZITF which kicked off this Tuesday, 23 April in Bulawayo by concentrating on MICE tourism through A’sambeni Tourism Fair. A’sambeni is taking place at the Zimbabwe International Exhibition Centre popularly known as the ZITF grounds until Saturday 27 April….
Vaya Mobility service, which is now available in all major Zimbabwean cities and towns, has hit Bulawayo by storm, taking advantage of the Zimbabwe International Trade Fair (ZITF) to launch its new Vaya Shuttle service by offering free rides to exhibitors, business people and professionals travelling to the Trade Fair by air. Throughout the Trade…
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…
Huawei Technologies Co.
It has been brought to my attention that the villagers of Chakohwa all the way to Mutambara will soon be moved to pave the way for the new diamond field that have been identified during the recent explorations for diamonds. There has to be some truth following the publication of the herald of 17 March…
Lets empower the people of Zimbabwe and allow them to trade in gold and diamond. I have travelled throughout Zimbabwe, and some of my family members are geologists and miners.I have seen some of them either buying from small-scale miners or simply delivering their minerals to Fidelity Printers.Statistically the small to medium miners are the…
Three independent power producers have applied to the Zimbabwe Energy Regulatory Authority (ZERA) for licences to establish solar power plants that will add about 100MW to the national grid. The three include Schweppes Zimbabwe Limited, which seeks to establish a 1MW photovoltaic rooftop power plant at its premises in Harare; Lumigar Solar (Private) Limited that…
The African Export-Import Bank (Afreximbank) has been awarded the mandate to serve as the exclusive financial adviser and mandated lead arranger for the $130-million bauxite mine expansion project by Sierra Mineral Holdings 1 Limited (Vimetco) in Sierra Leone. The mandate was announced in Freetown on 4 April during a working meeting hosted by Sierra Leonean…
Econet Wireless has started piloting mobile games on 100 000 randomly selected customers, ahead of full commercial launch at the end of the month. The pilot follows the successful launch of Elevate Gaming, unveiled at the inaugural Elevate Gaming Tournament two weeks back. “We are pleased to announce this new phase in our rollout of…
By Lovemore Chazingwa KADOMA – A robust initiative unpacking soft skills for ethically proper business management, leadership and customer retention is the engine revIving sustainable businesses, a workshop on customer orientation techniques has revealed. Floating on the apt theme ‘Sustaining Businesses through Customer Orientation’, the workshop headlined by Premium Business Network International (PBNI) Founder…
The African Export-Import Bank (Afreximbank) is working, with the support of African Union (AU), to create a digital ecosystem that will eliminate the major bottlenecks to trade finance flows within Africa, Bank President Prof. Benedict Oramah has announced in Washington D.C. Delivering an address on 11 April at the IGD Frontier 100 Forum organized by the Initiative…
The Amalgamated Rural Teachers’ Union of Zimbabwe (ARTUZ) has sent a salary increment reminder to the government demanding a living wage for enhanced production. The union said Zimbabwean workers have been hailed globally for being highly competent and hard working but in a sharp contrast back home, they are scorned by their own government and…
Zimbabwe, led by the Honourable Minister of Environment, Tourism and Hospitality Industry is part of the 38 countries participating at the Second Ordinary Session of the Africa Union Specialised Technical Committee on Transport; Transcontinental and Inter-Regional Infrastructure, Energy and Tourism, currently being held in Cairo, Egypt from 14-18 April 2019. The session, running under the…
By Charles Dhewa The formal education system in developing countries has not taken time to explain and justify colonial measurements that continue to be used in attaching value to agricultural commodities. Consequently, smallholder farmers wonder why some commodities are measured in kilograms and liters. In the absence of meaningful explanations, consumers and farmers surmise that…
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…
By Jacob Mafume (MDC Spokesperson) The proposed International Monetary Fund (IMF) Staff Monitored Program is an entry point for full support of the regime and it ignores the factors arresting the Zimbabwean economy. Zimbabwe has had a stolen election; it was disputed by most players including the biggest political party, the MDC. More importantly, the…
The African Export-Import Bank (Afreximbank), the FCI+IFG Union and the University of Malta today in Cairo announced the opening of registrations for the 2019 cohort of the Certificate of Finance in International Trade (COFIT). Stephen Kauma, Afreximbank’s Director and Global Head of the Human Resources Department, said that COFIT 2019, which is open to banking…
Zimbabwe’s only Ultra-Marathon, the just ended PPC Matopos 33-Miler, has been hailed as a huge success by its organisers, PPC Zimbabwe Ltd. This year being its 7th edition, the cement manufacturers received much more in return for their investment that saw the total prize money being boosted by 300% to nearly $50 000. PPC Zimbabwe…
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…
