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By Byron Mutingwende Ms. Caroline Mozhendi, the Econet Head of Agribusiness has encouraged the use of technology to combat the effects of climate change by farmers in Zimbabwe. Ms. Mozhendi made the remarks during an event whereby Ecofarmer joined the Shamva Agricultural College in celebrating 34 students who graduated at the institution on Friday…
The African Export-Import Bank (Afreximbank) and CDC Group Plc. yesterday in Casablanca, Morocco, signed a $100-million master risk participation agreement to support Afreximbank’s Trade Facilitation Programme. Under the terms of the risk participation arrangement, CDC will provide unfunded risk participation to Afreximbank as the Bank provides trade finance products that include trade confirmation services; trade…
The first of its kind transaction-based investment Forum in Africa, on Friday unveiled the conclusions of the boardroom sessions at the heart of the Forum, which brought together over 1,000 participants from government, the private sector, development finance institutions, commercial banks, and institutional investors such as sovereign wealth funds and pension funds. The Forum focused…
A new report from the World Tourism Organisation (UNWTO) and the European Travel Commission (ETC) shows that outbound tourism from the Gulf Cooperation Council (GCC) – comprising six countries of the Arabian peninsula – has grown strongly in recent years, with international tourism expenditure surpassing USD 60 billion in 2017. ‘The Gulf Cooperation Council (GCC)…
By Byron Mutingwende Chinese healthcare giant, Tiens Group, seeks to invest more in Zimbabwe following President Emmerson Mnangagwa’s call for opening up the country to the international community, the company’s chairman, Li Jinyuan has said. “I met President Mnangagwa and he revealed to me that he wants to open Zimbabwe for both local and…
By Byron Mutingwende and Miriam Zvomuya Contract farming has the potential to improve family farmers’ access to markets and boost their incomes while ensuring that agribusinesses have a stable supply of produce that meets their quality standards. This emerged at the International Symposium on Contract Farming and other inclusive business models organised by the Food…
Econet Wireless Zimbabwe Limited (EWZL) has announced $600 million dollars in half-year revenue to 31 August 2018, up from $ 353 million in the same period last year, on the back of a strong performance by its ’SmarTech’ business unit. The conglomerate, which is well on its way to becoming the country’s first listed billion-dollar…
Africa as a continent has reported a significant rate in agriculture. Agriculture is one of the sectors on the continents with a reasonably high level of revenue from export activities. Export commodities such as Cocoa, coffee, Timber, cashew and maize are some widely known produce that earn the continent much foreign exchange revenue. Youths over…
Zimbabwe is open for business – this was the strong message heard at the Invest Zimbabwe Forum held in London on Thursday. In her opening address, Hon. Priscah Mupfumira, Minister of Environment, Tourism and Hospitality Industry reminded investors that Zimbabwe is now open for business, and highlighted that the country has been rated a top…
On the sidelines of the Africa Investment Forum, the African Development Bank and Africa50 have signed yesterday an agreement with the Democratic Republic of Congo and the Republic of Congo to develop and finance the first road-rail bridge project linking their capitals – Kinshasa and Brazzaville. Under the terms of the framework agreement, the two…
The UNWTO/WTM Ministers’ Summit, held on Tuesday by World Travel Market and the World Tourism Organisation (UNWTO), was well received by participants from government and the private sector for its more dynamic new format leading to more concrete takeaways around this year’s theme: Investment in Tourism Technology. This year, the UNWTO/WTM Ministers’ Summit held at…
By Jacob Mafume (MDC National Spokesperson) The MDC takes this opportunity to put on record the process which the MDC followed in electing mayors in various municipalities across the country. 1. The party called for expression of interest from elected councillors in all the cities and towns. 2. Interested candidates submitted their profiles and CVs….
By Byron Mutingwende In pursuit of coming up with a metropolitan that competes with world capitals in terms of infrastructure, architecture, service delivery and facilities, Econet Wireless Zimbabwe is partnering the City of Harare in a project to spruce up First Street. In his speech during the launch of the project, Lovemore Nyatsine,…
The Zimbabwe Tourism Authority (ZTA) in conjunction with the Ministry of Environment, Tourism and Hospitality Industry and the tourism players are participating at the prestigious World Travel Market (WTM) being held at Excel in London, the UK from 5 – 7 November 2018. Speaking in an interview, the Chief Executive of the ZTA, Dr Karikoga…
Econet Media sets the record straight Kwesé parent company Econet Media (Mauritius) says reports that it has lost a court case against the Broadcasting Authority of Zimbabwe (BAZ) are malicious, misinformed and misplaced. Responding to reports in the Herald newspaper that the Supreme Court had ruled that “Econet Media (Mauritius) cannot distribute Kwese TV…
Following Kwesé’s announcement of its move towards digital services, the broadcaster has said it will grant loyal Kwesé TV subscribers complimentary access to Kwesé iflix for 12 months. This means Kwesé TV subscribers with an active subscription as at October 31, 2018, can indulge in one year’s worth of uninterrupted access to a vast library…
Zimnat, one of the country’s leading insurance and financial services companies, is running an innovation accelerator programme and challenging developers, local hubs and universities with an open call for innovative ideas that will enable it to develop products suited to the 21st Century and beyond. It is doing this by means of a competition for…
The 2018 edition of World Travel Market (WTM) will see the World Tourism Organisation (UNWTO) continue its operational focus on investing in innovation and digital advances for a tourism sector that can deliver opportunities for all. UNWTO will co-host a Ministerial Summit and launch a white paper on the relationship between music and tourism at…
By Byron Mutingwende Ecofarmer is working towards modernising agriculture by embracing technologies in order to improve production efficiency, achieve food security and profitability for farmers. In a speech read on his behalf by Mr. Leonard Munamati – the Provincial Crop and Livestock Production Officer for Mashonaland East Province at the Ecofarmer Agri-tech expo…
By Charles Dhewa The intersection between health and nutrition continues to be a grey area for ordinary people in many developing countries. There have not been serious efforts to develop appropriate ways of sharing nutrition knowledge with the majority. For instance, formal education systems have not done enough to move health and nutrition from being…
The organisation has contributed immensely towards reducing the rate of unemployment on the African continent Africa holds a very high rate of youth unemployment. In Ghana for instance, about 120,000 young people graduate from various institutions with about 10% getting employed after the first year of completion. Over 16% will never work in their lifetime,…
The World Tourism Organisation (UNWTO) concluded its 109th Executive Council session in Manama, Bahrain yesterday, with Members showing appreciation both for progress made under the 2018 institutional priorities and for the Organisation’s financial stability and restructuring process. Today, UNWTO will also introduce a forum named ‘Tourism Tech Adventure: Big Data Solutions, bringing together the ‘ecosystem’ of…
By Elvis Dzvene Zimbabwe’s new fiscal and monetary measures have left the economy in a state of extreme confusion, fuelling inflation rate to fluctuate above 200%. On October 1, Finance Minister Mthuli Ncube and the Reserve Bank of Zimbabwe Governor John Mangudya raised tax on electronic transactions to 2% from a flat five cents per…
Zimnat is to hold a charity half-marathon on November 10 to raise money to assist a 30-year-old Bulawayo man, Cebisani Ndlovu, who needs spinal cord surgery. Mr Ndlovu, who holds a Bachelor of Commerce (B.Com.) Honours degree in Risk Management and Insurance, is finding it increasingly difficult to walk, even with the aid of…
Zimnat is sponsoring a Zimbabwean financial journalist’s participation in the annual Sanlam Summer School for Financial Journalists being held in Hartebeespoort, which is outside Johannesburg in South Africa, next week. After inviting media houses to nominate a young business or financial reporter who might benefit from this summer school, Zimnat decided to sponsor Tatira Zwinoira,…
The Crisis in Zimbabwe Coalition on October 30, 2018 met with the SADC Chairperson and President of Namibia, H.E Hage Geingob at State House in Windhoek, Namibia to brief him on the deepening political and economic crisis bedevilling Zimbabwe. The meeting, came upon a request by the Crisis in Zimbabwe Coalition and a delegation from…
KinderCare Zimbabwe will host the inaugural Annual conference and Awards ceremony for “Women in Business in the Education Sector (Early Childhood Development)”, under the theme, “Advancing Women’s Participation in Business- change agents of a community”. This will be held at Cresta Jameson, Harare from 1 to 2 November 2018. “We are honoured to have in our…
By Byron Mutingwende The Labour and Economic Development Research Institute of Zimbabwe (LEDRIZ) has produced a publication focusing on the importance of upholding socio-economic rights of the citizens. Dr. Prosper Chitambara, while introducing the publication titled “Socio-economic rights in Zimbabwe: A Situational Analysis 1980–2018 “ to journalists in Harare on 30 October 2018, said…
By Byron Mutingwende Cuba’s Ambassador, Her Excellence Carmelina Ramirez Rodriguez has said her country enjoys a long-standing relationship with Zimbabwe and urged the Southern African country to remain resolute as it works towards development. In an exclusive interview with Spiked Online Media, Ambassador Rodriguez said the relationship between the two countries that date back…
By Byron Mutingwende Southern African countries are meeting in Pretoria to share notes on the current migration management project in a bid to find solutions to the complexity of the issue affecting the regional economic community. In his address during the stakeholders meeting, Dr. Joni Musabayana, the Director of the Decent Work Team…
Zimbabwean companies struggling with getting their staff to work or going about their daily business requiring transport amid the current fuel crisis in Zimbabwe will be able to get round the challenge by using the new Vaya Lift ride service launched by Econet’s Cassava On Demand in Harare on Thursday. The ride hailing service,…
By Michael Mashiri Oxfam Zimbabwe has launched a programme called Climate Adaptation for Rural Livelihoods (CARL), which is an initiative designed to end poverty in rural areas. The project endeavours to make sure that rural women increase their income and economic power in sustainable agricultural crop supply chains such as groundnuts, pea beans, cattle and…
The transformation of trade in Africa is a task that all African financial institutions must collectively pursue as major stakeholders in the African Export-Import Bank (Afreximbank) in its quest to facilitate African trade, Amr Kamel, Afreximbank Executive Vice President, Business Development and Corporate Banking, said in Dar Es Salam on Thursday. Speaking during a roadshow organized…
Rolls out convenient, App-based Uber-type transport service Embarks on massive driver recruitment campaign Cassava On Demand Services has launched the much-anticipated ‘Vaya Lift’ ride service, a safe, convenient and affordable passenger transportation service that can be easily booked from anywhere, at any time, via the convenience of a mobile application (App). Speaking at the launch…
By Charles Dhewa While monoculture is mostly understood as the cultivation of a single crop on a farm, area or country, the other half of its definition is the dominance of a single culture, worldview, mindset, set of tools as well as one way of gathering and sharing knowledge. Farmers who think success comes…
By Vimbai Kamoyo Vice President Kembo Mohadi has urged farmers to grow cash crop, castor bean, as it has the capacity to boost economic fortunes of the country. Speaking at a convention organised by agriculture concern Life Brand Agricultural Service, the second in command, said the seed which is used to extract castor…
Access to finance initiative to offer loan products youth-led micro, small and medium sized enterprises (MSMEs) in the Gambia. The International Trade Centre’s (ITC) Gambia Youth Empowerment Project (YEP) and the Social Development Fund (SDF), a non-profit organisation, yesterday announced the launch of the Mini-Loans Scheme, which will increase access to finance for youth-led micro,…
Zimbabwe has been described as one of Africa’s safest destinations to visit in 2019 because its tourism has excited travel editors, researchers, locals and influencers. Because of that, according to Times Live, it made it to Lonely Planet’s list of Best Countries to visit in 2019. The publication said Zimbabwe also made the list,…
Cassava On Demand, a division of Cassava Smartech Zimbabwe is – for the first time in Zimbabwe – set to launch ‘Vaya Lift’, its own ‘Uber’-type ride hailing service. According to Mr Darlington Mandivenga, the Cassava International group executive director, the company is currently putting the final touches to a massive, Econet-style launch of…
The President of the African Development Bank Group (www.AfDB.org), Dr Akinwumi A. Adesina, is pleased to announce the following senior appointments. Director, Integrity and Anti-Corruption Mr. Alan Bacarese has been appointed the Director for Integrity and Anti-Corruption in the Office of the President with effect from January 1, 2019. Alan, a British national, comes with 30 years of experience as a…
By Byron Mutingwende Mrs Gertrude Mandizvidza’s star continues to shine as she has once again stamped authority as a person of high achievement when she walked away with two prestigious awards at the Zimbabwe National Women’s Awards 2018. The awards were held at the glamorous Meikles Hotel on Friday 19 October 2018. The…
By Jacob Mafume (MDC National Spokesperson) Finance Minister Mthuli Ncube is a fraud. He has removed all doubt by his decision to give Acie Lumumba a treasury job. Lumumba is being rewarded for peddling pedestrian propaganda while expressing a vote of no confidence in Nick Mangwana who is so desperate to fill the George Charamba…
By Elvis Dzvene Zimbabwe is not cursed from accessing international financial assistance but actually the nation cursed itself in various ways as narrated below. There are more headlines promising financial assistance from International Money Lenders and some countries yet nothing has come on the table. Apart from the Zimbabwe Democracy Recovery Act (ZIDERA), the nation…
A collaborative team made up of like-minded tourism stakeholders has been established under a shared vision towards realisation of Vision 2030. The establishment of Team Tourism means stakeholders bring their expertise on one platform as opposed to operating in silos. Officially confirming the establishment of the team in Harare today, Environment, Tourism and Hospitality Industry…
By Miriam Zvomuya and Michael Mashiri Yesterday NetOne gave various awards to two of the three schools which won the OneMoney Fees For Less Promotion. The schools which were handed over prizes were Good Hope Junior School and Bridging The Gap Academy. Bridging The Gap Academy won the top prize worth $30 000, comprising of…
