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HARARE, Wednesday 20 June18 – Zimbabwe’s leading mobile money service EcoCash today unveiled a dedicated wallet for business payments. The business wallet, which represents the first time in Africa that an enterprise transactions service has been integrated onto a mobile money platform, will offer EcoCash merchants, agents, payroll wallet holders and billers full control of…
By Byron Mutingwende NetOne was part of the 30th Anniversary of the OK Grand Challenge Promotion where it handed over prices to winners at the OK Mart on Friday 15 June 2018. According to Tendai Makomva, the OK Zimbabwe Marketing Manager, the retail brand was happy to partner NetOne among other leading corporates…
In a move to enhance destination awareness and foster market visibility, the Zimbabwe Tourism Authority (ZTA) has appointed VFS Global to promote Zimbabwe as a preferred tourism destination in both India and GCC region, through a collaborative relationship. The agreement was officially signed by Dr. Karikoga Kaseke, Chief Executive of the Zimbabwe Tourism Authority on…
The majority of trade transactions across the world are conducted on open account terms, supported by a purchase order and invoice with mutually agreed payment terms as the basis for trust, according to Continental Reinsurance Kenya managing director Souvik Banerjea. He told the Zimnat Trade Credit Insurance Conference in Harare on Friday (June 8) that…
The African Export-Import Bank (Afreximbank) has welcomed Equatorial Guinea as its 50th member state with the country’s signing of the Instrument of Accession to the Bank’s Establishment Agreement in Malabo on Wednesday. Lucas Abaga Nchama, Minister of Finance, Economy and Planning of Equatorial Guinea, signed the Instrument on behalf of the Government during a ceremony…
Today, 8 June the Sanlam Group celebrates its 100th birthday, and we at Zimnat are proud of our association with this financial services giant, which first opened its doors in Cape Town, South Africa. Founded in 1918, Sanlam has a rich history. The Group has evolved over the years from a traditional life insurance…
In line with its vision of advancing sustainability through tourism, the World Tourism Organisation (UNWTO) released its flagship publication ‘Tourism for Development’ in Brussels on 6 June during the European Development Days (EDD), and called for greater awareness of sustainability in tourism policies and business practices as well as in tourist behaviour. ‘Tourism for Development’…
Byron Mutingwende Challenges faced by women and girls regarding menstruation should be addressed as an important component of the adolescent sexual and reproductive health, stakeholders were urged. The call was made on 6 June 2018 at the United Nations Children’s Fund (UNICEF) compound during the “Brown Bag” discussion series held under the theme,…
“Tourism Statistics: A Catalyst for Development”, was the theme of this year’s seminar in the context of the 61st Meeting of the UNWTO Commission for Africa (Abuja, Nigeria, 4-6 June). The meeting included a ministerial dialogue on the importance of tourism statistics under the topic “Better measure, better manage”. Commission for Africa attracted 18 tourism ministers…
By PWC Africa The world’s 40 largest mining companies have delivered an impressive financial performance in 2017, increasing revenue by 23 per cent to USD 600bn JOHANNESBURG, South Africa, June 5, 2018/ — Market capitalisation of the Top 40 up 30% to USD $926 billion (bn) Revenue up 23% to $600bn Earnings before interest, taxes,…
Safeguard Security’s Engineering division has introduced to the Zimbabwe market high security automated retractable traffic barrier spikes, which can be used for traffic control, preferably in conjunction with a traffic boom. The spikes can be raised or lowered by means of a remote control or be synchronised with an automated boom, so that when…
The sub-branch that NMB Bank opened recently in Bindura is one of a number of sub‑branches the bank intends to open in various cities and towns around the country to provide banking, advisory and support services to its customers. There has been a huge expansion in the NMB customer base. Most of these customers transact…
“It is important for us as Africans to understand the challenges we face and find ways of using technology to solve them,” NMB Bank chief operating officer Gerald Gore told participants in the Enactus World Cup last week. “Most technologies are not designed for Africa but we need to adapt the platforms to solve…
By Byron Mutingwende Improving water resources infrastructure and availability has the potential to unlock the vast opportunities for Zimbabwe’s socio-economic development, President Emmerson Mnangagwa has said. He made the remarks on the occasion of the water infrastructure investment conference and the launch of the national climate policy at the Harare International Conference Centre…
Preparations for the 46th commemorations of Kamandama Mine disaster where more than 427 miners died after an explosion at number two colliery in 1972 are at an advanced stage. The commemorations will be held in the mining town of Hwange. Thousands of people are expected to attend the two day event starting off with a…
NMB Bank has partnered with global money transfer agents World Remit and Small World Financial Services to provide further options for Zimbabweans wanting to receive money from other countries. The bank has been a MoneyGram agent for many years. It is now also a Word Remit and Small World agent. As from today (Friday June…
By Wisdom Mumera Chairperson of the Parliamentary Portfolio Committee on Mines and Energy Honourable Temba Mliswa has commended Parliament for passing the Mines and Minerals Amendment Bill hailing the move as a first step in redressing countless anomalies in the minerals sector. The Bill sailed through Parliament on Thursday and is now in the Senate…
Around 600 participants from 52 countries gathered at the 4th UNWTO World Forum on Gastronomy Tourism (Bangkok, Thailand, 30 May to 1 June 2018). Organised by the World Tourism Organisation (UNWTO) and the Government of Thailand, in collaboration with the Basque Culinary Centre, participants addressed topics ranging from the role of technology in achieving sustainable development,…
By Davison Kaiyo Soon after his inauguration the President of Zimbabwe Emmerson Mnangagwa announced that he has a list of individuals and corporates that has been externalising money and assets and granted them a three-month moratorium to bring them back after which the law will take its course. There were high expectations of high profile…
Broadens customer access, launches Kwese-iflix mobile platform Partners with ZBC TV to bring World Cup matches to all HARARE – May 30, 2018 – Econet Media’s Kwesé yesterday announced that it will be broadcasting all 64 FIFA World Cup matches live in Zimbabwe on all its digital platforms; on its popular Kwese satellite TV, on…
By Byron Mutingwende Depinah Nkomo (widowed) is the owner of a successful farming enterprise in the Selous area of Chegutu, Mashonaland West Province but her road to success is not a stroll in the park. “When my husband died, he left me only a house in Waterfalls but I was born with a…
The African Export-Import Bank (Afreximbank) is arranging up to $2 billion in financing support to Angola, Bank President Dr. Benedict Oramah has said. Dr. Oramah, who was speaking in Luanda on 24 May during an audience with President João Manuel Gonçalves Lourenço of Angola, said that the amount included various trade financing facilities for essential…
NMBZ Holdings expects its 2018 performance to be even better than last year’s, its chief executive, Mr Ben Washaya, told the group’s annual general meeting last Thursday (May 24). He said already the operating income for the first four months of this year, which stood at $19,2 million, was up by 53 percent compared to…
Intra-regional trade can only be expected to expand economic growth and development if there is improved access to market information, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has said. Dr. Oramah, who was speaking in Busan, South Korea, on Monday during a breakfast event organised by the Bank to promote the maiden Intra-African Trade Fair (IATF)…
Finance and Economic Development Deputy Minister Terence Mukupe’s must be removed from government as he has shown to be unfit for government, reckless, a loose cannon and a danger to Zimbabwe, the Zimbabwe Congress of Trade Unions (ZCTU) has said. In his latest gaffe, Deputy Minister Mukupe treasonously claims that the army would not allow…
By Byron Mutingwende In the midst of challenges from the pressures of global finance capital and lack of priority, Africans were urged to embrace Pan-Africanism to foster unity and development. In a speech read on his behalf at the Harare Polytechnic on the occasion to celebrate Africa Day, Emmanuel Chenda, the Ambassador of…
he African Export-Import Bank (Afreximbank) will commit up to $200 million to Telecom Egypt (TE) to enable the telecommunication company finance working capital and investments in its infrastructure under a deal coordinated by the Abu Dhabi Islamic Bank-Egypt. The agreement for the short-term dual tranche facility, signed in Cairo on Monday, provides for TE to utilise…
By Byron Mutingwende As the partnership between NetOne and Blood Services Zimbabwe (NBSZ) continues, lives would be saved through blood donations to people in need of that vital product. Mr. Lazarus Muchenje, the Chief Executive Officer of NetOne, speaking on the occasion where his company solidified its partnership with NBSZ by donating $25…
A high level conference on the role of trade credit insurance in promoting and supporting increased trade will be held on June 8 at Cresta Lodge in Harare. The conference, which has been organised by the Zimnat Trade Credit Insurance, Bonds and Guarantees Division of Zimnat General Insurance will be addressed by local and…
By Byron Mutingwende Key findings from the Zimbabwe 2017 Inter-Censal Demographic Survey (ICDS) will inform policies, planning, implementation and monitoring of interventions to stimulate social and economic growth. The Zimbabwe National Statistical Agency (ZIMSTAT) launched the ICDS results on 22 May 2018 with support from the United Nations Population Fund (UNFPA) in Harare….
By Nevson Mpofu Mbare, Zimbabwe’s largest horticultural market receives 80% of farm produce a day. These sundry foodstuffs are in form of field crops, cereals, legumes, pulses, fruits and all types of horticultural produce from around the country’s 56 districts. Tomatoes pour on a daily basis in hundreds of tonnes every day and so do…
By Byron Mutingwende One of the leading mobile telephony companies, NetOne has donated motorised wheelchairs to persons with disabilities and some 200 netballs to women’s teams from the country’s uniformed forces. Lazarus Muchenje, the NetOne Chief Executive Officer, on 19 May 2018, handed over a wheelchair to Vernon Tukuta at Thornhill Airbase. …
By Tatenda Macheka (WFP) Support and training for smallholder farmers in Zimbabwe helps one man see new opportunities in his field Yamurayi Choruwa, 43, was born partially blind. A name given by his parents when they realised his condition,“Yamurayi,” loosely translated from the local dialect, means “a call for help,” and he admits that for…
The Pan African Parliament (PAP) and the Food and Agriculture Organisation (FAO) of the United Nations partnership is working tirelessly to address food security and nutrition challenges on the continent. During the ongoing sixth ordinary session of the fourth parliament in Midrand, South Africa, various stakeholders, including Members of the Pan-African Parliamentary Alliance for Food…
Post-divorce environment body will not enforce climate change regulations, says proposal, but UK lacks direct replacement for EU institutions. By Megan Darby for Climate Home News The UK government has excluded climate change from a proposed post-Brexit green watchdog, raising concerns about enforcement of climate laws when the country leaves the EU. In a consultation document, the department for…
The significance of tourism to Africa and its economy was once again cemented at this year’s Africa’s Travel Indaba with delegates from 80 countries in attendance. According to Africa’s Travel Indaba organisers, overall registrations reached the 7 000 mark, resulting in an increase of 4% from last year’s figures. “Indaba’s goal is to create a…
THE Southern African Confederation of Agricultural Unions’ (SACAU) will hold its Annual Conference and AGM at the Kingdom Hotel in Victoria Falls, Zimbabwe from the 14th to 15th of May 2018. The Conference and AGM will be co-hosted by SACAU’s two members in Zimbabwe, the Zimbabwe Farmers’ Union (ZFU) and Commercial Farmers’ Union (CFU). Held under the theme, Trade…
Amadeus IT Group today announced a historic initiative that will see the creation of a new model for public-private collaboration in the tourism industry in South Africa. This partnership will initially develop a new, National Tourism Visitor Information System (NTVIS). In addition, a new Travel and Tourism Training Academy will be established to accelerate skills…
Econet Wireless Zimbabwe has demonstrated its stellar organisational capabilities by bagging top global and national awards for outstanding human capital development. The company was recently awarded the top SMI (Success Motivation International) World Client of The Year prize in the USA, in recognition of its immense investment in employee development and adherence to global…
By Byron Mutingwende Zimbabwe is “a World of Wonders” that is ready for tourism investors, Priscah Mupfumira, the minister of tourism and hospitality industry has said. She reassured the audience at a cocktail reception held for tour operators at the Hilton Hotel in Durban on 9 May 2018 that the drive was in…
This year’s Africa’s Travel Indaba BONDay sessions highlighted that while Africa needs to tell stories about itself, these must not be the stereotypical view of the continent. Instead these stories need to be unique, to be heard above all the noise, both in content and how they are told. Locals need to travel…
By Byron Mutingwende Zimbabwe and South Africa are working on a common ground to improve tourism, which is a major contributor to the economic growth of both countries. Priscah Mupfumira, Zimbabwe’s minister of tourism and hospitality, addressing journalists at the International Convention Centre in Durban soon after her courtesy call on her South…
By Joyce Mukucha To ensure the continuation of the Enterprise and Business Development Programme (EBDP) on improving livelihoods of rural women, the Government of Swedish has partnered We Effect and signed a SEK 30 million (US$ 3,6 million) agreement. Speaking during the signing ceremony on the 8th of May 2018 in Harare, Sofia Calltorp, the…
Africa’s largest tourism show the Travel Indaba will run from 8-10 May this year. This will see the continent showcasing its’ wide variety of top drawer tourism products and attract international buyers and media from across the globe. This convergence also provides a business and policy platform forum for African Tourism Ministers each year. Zimbabwe…
By Byron Mutingwende Sport tourism is one of the best ways to market a country and the ministry of tourism and the Zimbabwe Tourism Authority (ZTA) are collaborating with World Class Legends to use football to spearhead that initiative. Introducing the World Class Legends to President Emmerson Mnangwagwa during the ruling party Zanu…
