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Casablanca, 29 August 2018: – Africa50, the pan-African investment platform, announced on Tuesday that the Republic of Mauritius became its 30th shareholder. Dharam Dev Manraj Gosh, Mauritian Minister of Finance and Economic Development, signed the Share Subscription Agreement on behalf of the Government, committing Mauritius to take the necessary steps for ratification of the agreement, as required under the Articles of…
Offers incredible bundle of benefits, convenience to farmers Econet Wireless has launched the EcoFarmer Club which offers farmers access to a rich bundle of services, that include agricultural commodity prices, valuable farming tips, relevant local weather information and a mobile trading platform which links farmers to buyers. Speaking at the launch of the EcoFarmer Club…
Product set to drive adoption of smart, digital payments in Zimbabwe Harare, Zimbabwe – 29 August 2018: EcoCash and Mastercard today announced the launch of EcoCash Scan & Pay, a simple, secure and instant mobile payments solution for consumers and merchants, as part of their efforts to reduce cash usage and increase digital financial inclusion…
NMBZ Holdings, NMB Bank’s holding company, recorded a profit before tax of $11 757 594 for the half-year ended June 30, 2018, resulting in total comprehensive income of $9 086 483. This was an increase of 155 percent compared to the same period last year, when comprehensive income stood at $3 556 915. The…
By Charles Dhewa People who co-exist with Kombi drivers in Zimbabwe, Matatu drivers in Nairobi’s traffic jammed roads, boda-boda motorcyclists in Kampala and similar situations in African cities have always wondered if those drivers are from the same mother. This is due to their character which is exactly the same. ‘Informal’ traders and MSMEs also…
By Hildah Sipono International buyers from key source markets have said Zimbabwe is sellable and buyable. The buyers arrived in Harare yesterday on a familiarisation tour ahead of the 11th edition of Sanganai/Hlanganani World Travel Expo scheduled for Bulawayo on September 6-8 at the Zimbabwe International Trade Fair grounds. “People do not want to see…
Taking Lessons from Canada By Elmond Bandauko During the 70th Annual Conference of the Institute of Public Administration (IPAC) which was held in Quebec between the 19th to 22nd of August 2018, policy innovation was at the centre of the workshop discussions. The increased complexity of policy problems requires public administrations to be agile, creative…
Less than month after being launched, EcoSure Moovah is set to become Zimbabwe’s largest vehicle insurer, with management predicting that it will be a blockbuster rivalling other Econet brands such as EcoCash. Mr Darlington Mandivenga, the Econet Group executive driving the initiative, said tens of thousands of vehicle owners have already moved to the…
During the Harare Agricultural Show (Monday 27 August to Saturday, 1 September, 2018) Medecins Sans Frontieres/ Doctors Without Borders (MSF) will be providing free sexual and reproductive health (SRH) services with specific focus on people aged between 10 to 24 years. MSF will partner with the National AIDS Council (NAC), Young Peoples’ Network on Sexual…
By Nevson Mpofu Africa and the developing world have been urged to fund the Green Energy Revolution to the tune of at least $49, 4 billion from the current $9 billion. The World Bank has since 2007 financed $31 billion energy projects in developing countries especially in Sub-Saharan Africa. To reduce poverty, there is need…
Kwesé iflix last week launched a massive million-dollar Promotion intended to reward users of the popular sports and entertainment mobile service. The promotion presents Kwesé iflix users with the chance to win 12 brand new vehicles, tablets, mobile phones, and guaranteed daily prizes for every user. Speaking a week after the launch of…
Zimnat, one of the country’s leading insurance groups, yesterday rewarded students from the Harare Institute of Technology who took part in a hackathon that the company organised. A hackathon is a competitive event where people work collaboratively in groups on software or even hardware projects with the aim of creating a functioning product by the…
Safeguard Security has introduced regular night patrols between 5.30 pm and 5.30 am in a number of northern Harare suburbs that had seen an upsurge in crime in the course of this year. The patrols were introduced after discussions with residents about crime in each of these areas, Safeguard Alarms managing director Reason Chitiva…
By Charles Dhewa Contrary to prevailing formal approaches, knowledge sharing in most rural African communities is embedded in the way people work. For instance, knowledge sharing happens as farmers select seed or choose livestock breeds. It also happens as they milk cows, plant crops, weed, harvest, store and market. They do not stop and say,…
By Elmond Bandauko The practice of public administration continues to face a lot of pressure emanating from rising citizen expectations, pressure for the privatisation of public services, legislative controls and the devolution of many responsibilities to lower levels of government. These forces have led to the renewed interest in performance measurement, to make government agencies…
The African Export-Import Bank (Afreximbank) has released its unaudited financial statements for the half-year period ended 30 June 2018, showing gross revenue of $343 million. The figure represents a $21 million increase over the gross revenue for the same period in 2017. The results, released by the Bank in Cairo today, attributed the higher gross revenue to a significant increase in fee income by 119 per cent while interest and similar income recorded…
Zimnat holds its annual golf day at Borrowdale Brooke Golf Course in Harare on Friday next week (24 August). Participants are expected to include clients from all four of its business units, namely Zimnat General Insurance, Zimnat Life Assurance, Zimnat Financial Services and Zimnat Asset Management. The annual golf day provides Zimnat managers and…
By Elmond Bandauko During my strategic planning and management course, I did an analysis of the City of Harare’s current strategic plan (2012-2025), with the objective of identifying positive traits, weak points and provide policy recommendations that can strengthen the City’s strategic planning practices. This brief synthesises my perspectives on Harare’s vision of becoming a…
Harare, 16 August 2018 – Kwesé iflix, which took Zimbabwe by storm during the FIFA 2018 World Cup, is now the country’s largest television platform, with more than 1.2 million active account holders. The uptake figures were revealed by Econet Wireless Zimbabwe Chief Executive Officer, Mr Douglas Mboweni, at the launch of a new million-dollar…
NetOne’s Mobile Financial Service- OneMoney’s Fees for Less promotion is back and bigger as it covers rural schools and tertiary institutions now. OneMoney first launched the promotion just before the opening of the school’s second term this year and it is now targeting the schools third term. Announcing the launch of the promotion, NetOne Executive…
Promoting innovation, job creation and sustainability are key considerations for the 15th World Tourism Organisation (UNWTO) Awards. UNWTO invites submissions until 31 October 2018. The UNWTO Awards recognise the contribution of public and private institutions and NGOs to development of a more competitive, responsible and sustainable tourism sector that works towards achieving the 2030 Sustainable…
Reflections from the Business Retention and Expansion (BRE) programme in the Town of Swift Current, Saskatchewan (Canada) By Elmond Bandauko One of the projects we were tasked to do in our Economics and Policy Analysis course with Dr. Rob Leone was prepare a report analysing the preparedness of selected smaller municipalities to implement local economic…
By Elmond Bandauko “Local spaces are ultimately the key site of delivery and development and, as such, local government is central to the success of sustainable development.” – South African Local Government Association (SALGA) While the Sustainable Development Goals (SDGs) are global in nature, their achievement largely depends on our ability to make them a…
By Charles Dhewa Street markets or roadside food markets have remained a permanent feature in most developing countries. The fact that these markets continue to flourish alongside emerging shopping malls shows they occupy a unique position in commercial activities. Informal markets were previously designed for disadvantaged, low income households with ad hoc incomes who were…
Vynn Capital, a South-East Asia-based early-stage venture capital firm, and the World Tourism Organization (UNWTO) today jointly announced a strategic partnership to promote South-East Asia’s tourism sector by facilitating entrepreneurship and innovation. Through this strategic partnership, Vynn Capital and UNWTO will collaborate to create a framework and policies to support technology startups that are addressing…
By Elmond Bandauko This brief focuses on some of the most important highlights from my MPA research project, in which I was examining the dynamics of public consultation and stakeholder participation in a large-scale land-use planning project that was undertaken by the City of London a few years ago. Official Plan review-these words mean a…
By Elmond Bandauko Discussions of local government are usually about the activities of the mayor and councillors. After all, elected officials make the important policy decisions. However, this focus overlooks those who deliver municipal services. A small group of elected officials is supported by a much larger group of professional public servants who advise the…
The African Export-Import Bank (Afreximbank) has disbursed the sum of $200 million to theEgyptian General Petroleum Corporation (EGPC) to support EGPC’s investment in the Middle East Oil Refinery Company(MIDOR). The Investment Financing Facility, disbursed during a signing and disbursement ceremony in Cairo on 1 August, is also aimed at supporting EGPC’s company expansion plan which is part of Egypt’s plan to become a regional hub for exporting oil…
Young entrepreneurs from the Gambia, Ghana, Mali, Rwanda and Zambia selected for pitching contest at ITC’s World Export Development Forum in Lusaka, Zambia. (Geneva-Lusaka) – Seven young African social entrepreneurs will take the centre-stage at this year’s World Export Development Forum (WEDF) to pitch their business ideas to a panel of judges with a chance of…
The coming in of the new CEO, Mr Lazarus Muchenje has been a breath of fresh air for NetOne Cellular. Although the business is still facing some challenges, his quest to turn the business to profitability, has already started yielding positive results. Muchenje took over the reins on 1 April 2018, and appears to have…
NetOne has been aggressively repositioning itself to increase its market share in the very competitive mobile industry. Since the appointment of the CEO Mr Lazarus Muchenje in April, NetOne has rolled out the franchise model to increase its reach whilst affording its customers the much-needed ease of access to products and services. His mantra upon…
By Charles Dhewa Discovering and maintaining agricultural commodities markets is not enough for developing countries. They have to build a culture of synthesising and sharing evidence in real-time. Absence of a culture of synthesising information and knowledge from diverse sources remains a big challenge among farmers, economic actors, consumers and policy makers in the majority…
By Byron Mutingwende Monday the 30th of July 2018 will witness the re-election of the ever hardworking Member of the National Assembly for Kuwadzana Constituency Honourable Betty Nhambu-Kaseke. Honourable Nhambu-Kaseke is not only a motherly figure but a philanthropist, devoted Christian and a multiple award winning female MP in Harare Province out of…
Promoting a greater engagement of the tourism sector with sustainable development is the main objective of the Tourism for SDGs Platform. The online tool is designed to advance the achievement of the Sustainable Development Goals through tourism, and was developed by the World Tourism Organisation (UNWTO) with the support of Switzerland’s State Secretariat for Economic…
By Byron Mutingwende Awards continue to fall like confetti at a party for the Good Care Pre-school and its founder Mrs Gertrude Mandizvidza. Just before Mrs Mandizvidza had taken a break from celebrating double awards in 2017, the same recognition and more to the schools she leads have already come for the work…
From infrastructure and communication to food production and transport, tourism and construction play key roles in a circular economy framework that supports sustainable development. The World Tourism Organization (UNWTO), together with the Sustainable Buildings and Construction Programme of the One Planet Network, addressed this challenge during the United Nations High-Level Political Forum on Sustainable Development…
Deputy Prime Minister and Foreign Minister Kudret Özersay who is in London for the launch of a project for Turkish Cypriots living abroad is continuing his contacts. Yesterday, the TRNC Foreign Minister delivered a speech on the Cyprus Issue at Chatham House, the Royal Institute of International Affairs. Speaking to the TAK news agency following…
. New insurance product set to shake up industry · Offers loads of benefits, flexibility & hassle-free service Econet has launched an innovative short-term motor vehicle insurance service, branded EcoSure Moovah, that will offer unparalleled value and matchless convenience to the motoring public. The service will offer vehicle insurance cover, ZINARA and ZBC licence discs…
By Byron Mutingwende The Turkish Republic of Northern Cyprus (TRNC) is appealing for support from the international community so as to come up with a lasting solution to the Cyprus question. Briefing journalists ahead of the 20th July celebrations at his residence in Lefkosa yesterday, the TRNC President Mr Mustafa Akinci said he…
The importance of digital technologies in tourism, providing opportunities for innovation and preparing the sector for the future of work, is at the centre of World Tourism Day 2018, to be celebrated in Budapest, Hungary (27 September 2018). World Tourism Day, celebrated every 27 September around the world, is a unique opportunity to raise awareness…
Nigeria yesterday in Abuja became the second country to announce plans to take a country pavilion at the Intra-African Trade Fair (IATF) being organised by the African Export-Import Bank (Afreximbank) in Cairo from 11 to 17 December. Prof. Yemi Osinbajo, Vice President of Nigeria, who made the announcement during an engagement session on the IATF…
he Annual Meetings and 25th Anniversary celebration of the African Export-Import Bank (Afreximbank) ended in Abuja on the 14th of July 2018 with President Muhammadu Buhari of Nigeria saying that the Bank, through its dynamism and tenacious leadership, had proved that Africans could come together to build something meaningful. Delivering a keynote address at the closing…
By Byron Mutingwende Development runs through the nerves of Temba “Bhuru” Mliswa, the Member of the House of Assembly for Norton whose great works are positively impacting the generality of people in the constituency. The legislator, who uses yellow as his campaign colour, upped his drive to retain the seat beginning this July…
Afreximbank’s, which predicts that African economies will grow by 4.1 per cent in 2018, according to The Africa Trade Report 2018: Boosting Intra-African Trade: Implications of the African Continental Free Trade Area Agreement, a new report launched by the African Export-Import Bank (Afreximbank) on 11 July. The report, launched by South African President Cyril Ramaphosa, Amb. Albert M Muchanga,…
By Sirak Gebrehiwot (UN Communications Specialist) The UN team, led by the United Nations Resident Coordinator, Mr. Bishow Parajuli, comprising of UNICEF Representative, Dr. Mohamed Ag Ayoya; IOM Chief of Mission, Ms. Lily Sanya; WFP Representative and Country Director, Mr. Eddie Rowe; and UNDP Country Director Mr. Georges van Montfort concluded a three-day field visit,…
