Business | Page 19 of 130 | Best African News Online

Africa50 Infrastructure Acceleration Fund reaches first close with $222.5 million

Byron Adonis Mutingwende1 year ago1 year ago05 mins

Africa50 Group, the pan-African infrastructure investment platform has announced the successful first close of the Africa50 Infrastructure Acceleration Fund (Africa50 – IAF) on December 29th, 2023. securing $222.5 million in commitments. In an African first, Africa50-IAF secured participation from 16 African institutional investors, including sovereign wealth funds, pension funds, social security funds, insurance companies, banks…

Government allays fears of grain shortages

Byron Adonis Mutingwende1 year ago03 mins

The government has allayed fears of grain shortages and assured food security for all citizens despite low rainfall amounts countrywide as the Southern African region is grappling with an El Nino-induced drought. This came to the fore as the Ministry of Lands, Agriculture, Fisheries, Water and Rural Development toured the National Foods processing plant in…

2024 revenue measures on route to market, value added tax and sugar content on beverages

Byron Adonis Mutingwende1 year ago08 mins

Writes Prof Mthuli Ncube, Minister of Finance, Economic Development and Investment Promotion Introduction Treasury constituted a Technical Committee to receive input from Representative Members under the umbrella body of the Confederation of Zimbabwe Industries. The Committee undertook an impact analysis on the implementation of some of the measures introduced through the 2024 Budget, in particular…

Government intensifies efforts to curb cholera

Byron Adonis Mutingwende1 year ago04 mins

The Government is leaving no stone unturned in its efforts to contain the ravaging cholera outbreak that has been wreaking havoc in both rural and urban areas. Although considered by many as a Medieval disease, weak healthcare systems have driven cholera in many Southern African countries like Malawi, Zambia, and Zimbabwe, prompting the Africa Centre…

Mining gurus for 2023 honoured

Byron Adonis Mutingwende1 year ago013 mins

OWN CORRESPONDENT 2023 was the final year for miners to work towards the achievement of the US$12 billion industry. Miners, despite many challenges ranging from power outages, and softening commodity prices, showed effort and zeal to increase production. The mining sector, due to challenges mainly coming from a sharp drop in commodity prices, will most…

Ministry of Education promoting greening of schools

Byron Adonis Mutingwende1 year ago04 mins

The Ministry of Primary and Secondary Education is spearheading a school greening initiative as part of the climate education curriculum. This emerged today at the National Clean-Up Campaign exercise held at Warren Park High School where Hon. Torerayi Moyo, the Minister of Primary and Secondary School led the delegation. President Emmerson Mnangagwa launched the National…

First Starlink sat-to-phone birds leave launchpad

Byron Adonis Mutingwende1 year ago02 mins

Writes Chris Donkin SpaceX launched six Starlink satellites with the capability to provide mobile coverage directly to standard smartphones, a service the company asserts will improve global connectivity and help eliminate dead zones. In a series of posts on social media platform X the aerospace company revealed the birds, alongside several other satellites, were blasted…

UNWTO paints bright prospects for tourism in 2024

Byron Adonis Mutingwende1 year ago03 mins

The United Nations World Tourism Organization (UNWTO) has reiterated the massive potential of the tourism sector’s social, cultural, and economic value and its unique contribution to the Sustainable Development Agenda. In a statement for 2024, UNWTO said a new year brings new opportunities for global tourism. “UNWTO has identified the priorities for the sector: investments,…

US$1 billion building materials plant investment on the cards

Lloyd Rabaya1 year ago05 mins

By Lloyd Rabaya Chinese companies West International Holding (WIH) and Labenmon Investments are planning on jointly undertaking a US$1 billion project for constructing cement and building materials plant in Mashonaland West Province’s Magunje. This came out today when the companies signed a cooperation agreement for the project before commencing the work in line with their…

High-level health financing conference in Kigali to boost African health systems

Byron Adonis Mutingwende1 year ago010 mins

With a focus on sustaining the HIV response, advancing health financing, and bolstering health security, the conference seeks to address critical challenges and pave the way for a healthier, more resilient continent.

Danai Gurura joins 100 Most Influential Africans of 2023

Byron Adonis Mutingwende1 year ago09 mins

Leading Zimbabwean-American actress and playwright, Danai Gurira was yesterday featured in New African magazine’s annual listing of the 100 Most Influential Africans of 2023. The list celebrates the achievements and contributions of Africans from various fields and sectors, who have made a positive impact on the continent and the world. The list features a diverse…

Travelling to rural areas by bus can transform the mindsets of African leaders

Byron Adonis Mutingwende1 year ago1 year ago012 mins

Writes Charles Dhewa Travelling from capital cities to rural areas using public transport like long-distance buses could go a long way in inculcating servant leadership in African presidents and ministers. Such experiences would also lead to better people-oriented policies. Imagine the President of Zimbabwe boarding Zvishandwa Bus Service at Mbare Bus Terminus in Harare on…

ZRP urges road safety following spike in hit-and-run accidents

Byron Adonis Mutingwende1 year ago06 mins

Writes Elvis Dumba Chinhoyi – Zimbabwe Republic Police (ZRP) has expressed concern over the increase of pedestrians being run over by vehicles across the country. ZRP National Spokesperson, Senior Assistant Commissioner Paul Nyathi, said the rise in hit-and-run accidents where pedestrians are being knocked over in places such as public transport pick-up points is worrisome….

Kadoma City wins Best Urban Council award in Mashonaland West Province

Byron Adonis Mutingwende1 year ago1 year ago05 mins

Writes Chimeno Azriel Kadoma City Council recently won an award for the best Urban Council in Mashonaland West Province at a colourful ceremony last week, Mayor Nigel Rosario revealed during his Christmas message to the residents of the farming and mining town. The Kadoma City Council won the award for its contributions towards the Mashonaland…

African Energy Chamber Applauds Congo and Nigeria’s Commitment to Global Oil Industry Growth

Byron Adonis Mutingwende1 year ago07 mins

The Republic of Congo and Nigeria, Africa’s leading oil producers and members of the Organization of the Petroleum Exporting Countries (OPEC), have affirmed their commitment to efforts by OPEC and OPEC+ and its member countries to stabilize the global oil market in 2024 and beyond. During the 36th OPEC and non-OPEC Ministerial Meeting held in…

African Development Bank President Wins Obafemi Awolowo Leadership Prize

Byron Adonis Mutingwende1 year ago04 mins

An award ceremony is scheduled for 6 March 2024, and will include keynote lecture by the honouree

NetOne provides end-of-year Christmas groceries to Zimcare Trust Zambuko Centre

Byron Adonis Mutingwende1 year ago04 mins

As the festive season approaches, NetOne said it is dedicated to making a meaningful contribution to Zimcare Trust Zambuko Centre.

Airports Company of Zimbabwe allays fears about RwandAir Incident

Byron Adonis Mutingwende1 year ago03 mins

Airports Company of Zimbabwe commended the swift response and professionalism of the RwandAir crew and Airport Rescue and Fire Fighting Services in ensuring their safety.

Tsapo Group unveils top-notch showroom for Ashok Leyland

Byron Adonis Mutingwende1 year ago1 year ago04 mins

Ashok Leyland’s presence in the country will contribute to the growth and development of Zimbabwe’s transportation sector.

Anglican Church driving waste management practices

Byron Adonis Mutingwende1 year ago08 mins

Writes Rebecca Munetsi Anglican Church congregants have been urged to practice good waste management practices such as sorting at home, church, businesses, and in their communities to safeguard and keep the environment clean. Speaking during a recent Partners in the Gospel Comprehensive Climate Change Knowledge and Climate Justice Campaign (PCC) Waste –Smart We Care Campaign,…

COP28 has marked a pivotal turn in the global climate narrative

Byron Adonis Mutingwende1 year ago1 year ago06 mins

The final agreement at COP28 signals what many are calling the “beginning of the end” of the fossil fuel era. It lays the groundwork for a swift, just, and equitable transition that is underpinned by deep emissions cuts and scaled-up finance.

Cimas board reassures stakeholders

Byron Adonis Mutingwende1 year ago02 mins

Cimas Medical Aid Society’s board of trustees has assured stakeholders that Cimas is in a sound financial position and that investigations are underway into allegations made by one of its senior executives. The allegations were made as part of a submission to the Ministry of Labour by the said executive. A statement issued by the…

We Are Victoria Falls Launches Destination Website

Byron Adonis Mutingwende1 year ago05 mins

We Are Victoria Falls has launched a new website to appeal directly to travellers, media, trade and residents. The site, hosted at www.wearevictoriafalls.com is a rich source of information, tips and news covering the range of accommodation, activities, new openings and events, as well as details on how to get to Victoria Falls, entry requirements…

REDAN contaminates fuel with water

Lloyd Rabaya1 year ago1 year ago04 mins

By Lloyd Rabaya In a shocking incident, energy giant Redan yesterday contaminated unsuspecting clients’ cars with water, Spiked Online Media can exclusively reveal. According to an insider who requested anonymity, at least six cars were refueled with water yesterday evening after the heavy rains that hit the capital city. “Redan put water instead of petrol…

2nd Food Safety Conference for Africa takes off in Accra

Byron Adonis Mutingwende1 year ago02 mins

The African Continental Association for Protection (ACAFP) is organising its 2nd Food Safety Conference for Africa under the theme “Towards A Safer Food Supply for Africa”. The conference is taking place from December 12-14, 2023 at Erata Hotel, East Legon, Accra. This aligns with the sustainable and safe food production and supply initiatives in Africa. The…

Link between mental health and green spaces: Go Green

Byron Adonis Mutingwende1 year ago04 mins

Proponents of environmental sustainability, Go Green, on 9 December 2023 made use of a sports tournament held at the First Capital Bank Sports Club in Harare to raise awareness of the benefits of planting trees. Speaking at the tree planting event, Tinotenda Warambwa, the Chairman of the Go Green Association of Zimbabwe paid tribute to…

Pioneer Biochar Project Set Up in Rushinga

Byron Adonis Mutingwende1 year ago1 year ago04 mins

Writes Tafadzwa Muranganwa An innovative carbon credit initiative involving the production of biochar has been established in Rushinga, Zimbabwe, marking a strategic entry into the carbon trading markets. This pioneering artisanal biochar project is a collaborative effort between HempConnect, a local carbon removal company, and the Organic Farming Academy (OFA), focusing on utilizing baobab shells…

Grain Industry Insights in Africa

Byron Adonis Mutingwende1 year ago06 mins

The grain industry is a cornerstone of food security in Africa, serving as a staple for millions across the continent. With a burgeoning population and socioeconomic transformations, understanding the volume of grain production and consumption is pivotal for ensuring the resilience of food systems in Africa. The data obtained from IndexBox shows that the largest countries in…

South Africa, Singapore celebrate 30 years of diplomatic relations

Byron Adonis Mutingwende1 year ago03 mins

Deputy President Mashatile delivers a public lecture on the 30 years of diplomatic relations between South Africa and Singapore titled “Celebrating a journey of mutual respect, strategic partnership, and cooperation”, at the Lee Kuan Yew School of Public Policy in the National University of Singapore. The Deputy President’s visit to the country is aimed at…

Training provides regulatory frameworks for application of Genome Editing

Byron Adonis Mutingwende1 year ago07 mins

The African Union Development Agency (AUDA-NEPA) is holding training to create awareness among in-country regulators drafting and implementing policies and regulations critical for shaping communication and advocacy narratives on genome editing. In a speech on behalf of Mr. Willard Munango, the Deputy Chief Secretary for the Office of the President and Cabinet, Mrs. Anna Tinarwo,…

African Parliamentary Union meeting tackles terrorism, economic challenges and trade

Byron Adonis Mutingwende1 year ago07 mins

The 80th Session of the Executive Committee and the 45th Conference of Presidents of National Parliamentary Assemblies of African the Parliamentary Union (APU) take place from the 11th to the 15th of December 2023, in Abidjan (Côte d’Ivoire) is focusing on combating insecurity and terrorism, factors of political instability and recession, and the development of…

Tourism: Mashonaland Central heralds ZimBho success story

Byron Adonis Mutingwende1 year ago04 mins

Writes Ronnie Chisamba Bindura – The Ministry of Tourism and Hospitality Industry and the Zimbabwe Tourism Authority (ZTA), successfully launched the ZimBho domestic tourism campaign for Mashonaland Central Province last weekend. Dubbed ‘Holiday in Zimbabwe, Holiday at Home’, ZimBho is meant to spearhead and promote the growth of domestic tourism during the forthcoming festive season….

Multilateral development banks publish first common principles for nature-positive finance

Byron Adonis Mutingwende1 year ago04 mins

New principles will guide multilateral development banks’ support for countries and the private sector in implementing the Kunming-Montreal Global Biodiversity Framework; For the first time, multilateral development banks define common principles and the criteria for identifying and tracking nature-positive finance; Announcement follows COP26 Joint MDB Statement on Nature, People and Planet. The European Investment Bank…

Government Urged to Address Rise in Mining Workplace Deaths

Byron Adonis Mutingwende1 year ago07 mins

The Centre for Natural Resource Governance (CNRG), Zimbabwe Diamond Allied Mine Workers Union (ZDAMWU), and the Anti-Corruption Trust of Southern Africa (ACTSA) are deeply concerned by the government’s lack of action in addressing the increasing number of employees dying and getting injured on duty and are urgently calling upon the Government of Zimbabwe and its…

Closing the digital gap: DFA donates to Village of Hope Children’s Home

Byron Adonis Mutingwende1 year ago1 year ago06 mins

The Village of Hope Children’s Home received a generous donation from DFA Zimbabwe as the latter plays its part in closing the digital gap in the country. In his speech at the unveiling of the donation to Village of Hope Children’s Home, Mr. Simon Chimutsotso, the Chief Executive Officer of DFA Zimbabwe said his company’s…

AUDA-NEPAD collaborates with NABDA to strengthen capacity in Genome Editing and Biotechnology

Byron Adonis Mutingwende1 year ago1 year ago05 mins

Writes Toyin Omozuwa (Press Secretary to the DG/CEO NABDA) Vice-Chancellors, Chief Executives, Deans of Faculties of Agriculture and sciences, academic and research leaders in selected institutions, as well as policymakers, regulators, and senior researchers, gathered on 7 December 2023, at the Abuja Continental Hotel for a Two-Day Workshop on Strengthening Institutionalised Capacity in Genome Editing…

NetOne Network Upgrade: commitment to delivering top-tier services to customers

Byron Adonis Mutingwende1 year ago02 mins

NetOne Cellular Pvt Ltd has demonstrated steadfast commitment to delivering top-tier services to customers in Zimbabwe and beyond by upgrading its network. “Upheld by our core values of Accountability, Agility, Innovation, Integrity, and Excellence, we continuously strive to address everyday challenges faced by our customers with innovative solutions. In line with this dedication, we are…

AI-Powered Solutions for Agriculture in Africa

Byron Adonis Mutingwende1 year ago010 mins

In this rapidly modernizing World, the slow blending of technology with AI Development is painting a new reality that is quite unimaginable. Apart from this collaboration, AI is catching up with agriculture too much and taking it to the next level. Regions like Africa, where agriculture is the cornerstone, face the scope of development. In…

Clean energy critical for adapting and mitigating against climate change

Byron Adonis Mutingwende1 year ago013 mins

The Government of Zimbabwe has put in place Policy frameworks which have created a conducive environment for clean energy infrastructure to be put in place in response especially to clean energy and adapting and mitigating against climate change. Tariro Chipepera, the Director for Community Development in the Ministry of Women Affairs, Community, Small and Medium…

Kenya Develops Innovative Hermetic Bags to Revolutionize Grain Storage

Byron Adonis Mutingwende1 year ago1 year ago09 mins

The Kenyan government has been working in partnership with private sectors to develop new technologies to ensure that farmer’s harvest were well preserved during storage to avert losses. Hermetic Storage Technology Bags are able to preserve stored grains while restricting the existence of cereal pests by depleting oxygen levels. The air-tight bags prevent air or…

ITC signs partnerships on climate finance, clean energy, coffee value chains, land restoration: COP28

Byron Adonis Mutingwende1 year ago06 mins

(Dubai) – The UN small business agency, the International Trade Centre (ITC), is creating and strengthening partnerships at the UN Climate Change Conference (COP28) in Dubai, to ensure the perspectives of small businesses of developing countries are included in climate discussions. Small businesses make up 90% of all companies and two-thirds of jobs worldwide, yet…

The Climate Crisis is an Education Crisis

Byron Adonis Mutingwende1 year ago08 mins

By The Rt. Hon. Gordon Brown and Yasmine Sherif In the lead-up to the COP28 Climate Talks in Dubai, Education Cannot Wait Calls on Donors to Urgently Mobilize More Resources to Scale Up Life-Saving Access to Quality Education for Crisis-Impacted Children “The one international language the world understands,” wrote Eglantyne Jebb, founder of Save the…

Global youth accelerator programme launched by UN small business, UN land restoration agencies: COP28

Byron Adonis Mutingwende1 year ago07 mins

Dubai) – Green-minded young entrepreneurs are set to benefit from the launch of a global accelerator programme launched by the UN small business agency, the International Trade Centre (ITC), the United Nations Convention to Combat Desertification (UNCCD) and the G20 Global Land Initiative, on the first-ever Trade Day of the UN Climate Change Conference (COP28) in Dubai….

SADC Parliamentary Forum urges socio-economic and regional integration

Byron Adonis Mutingwende1 year ago015 mins

The 54th Plenary Assembly Session of the SADC Parliamentary Forum was hosted by the Parliament of Mauritius from 22nd to 27th November 2023 under the theme: “The Role of Parliaments in Promoting Coordination for Enhanced Disaster Risk Reduction and recovery planning in the SADC region.” The meeting ended on a high note on Saturday 26th…

Amplifying the church voice on waste management

Byron Adonis Mutingwende1 year ago010 mins

Writes Rebecca Munetsi Everyone generates waste. Be it at home. Be it at church. Be it at work. Be it in the streets. What you do with the waste is very important. Do you eat a banana, throw the peels on the streets, and walk away? Do you tear papers in class and throw them…