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By International Finance Corporation At the 53rd World Economic Forum (WEF) in Davos last week, the term polycrisis weaved its way into the conference rooms to define the compounding crises that have entangled the world and slowed global growth. For the private sector, the headwinds of rising inflation, economic slowdown, and increased debt burdens, are threatening to roll…
The African Development Bank Group will commit $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world. Bank Group President, Dr. Akinwumi Adesina, announced Wednesday at the Dakar 2 Africa Food Summit in Diamniadio, east of the…
Present at the African Union (AU) Headquarters in Addis Ababa in preparation for the 42nd Ordinary Session of the Executive Council and the 36th Ordinary Session of the Assembly of the AU, the Bureau of the Pan-African Parliament (PAP) met with H.E. Albert M. Muchanga, AU Commissioner for Trade and Industry. The working meeting explored synergies to promote the AU…
Econet Wireless Zimbabwe has far delivered 24 gas stoves, 24 fridges and 60 smartphones to the winners of its 2023 Tapinda, Sesingenile Promotion. The popular promotion, with over US$375 000 in prizes to be won – including a brand-new car, eight residential stands and eight solar systems, among other prizes – transitioned at the turn…
By Chris Mahove The Minister of Transport and Infrastructural Development has advised the public that it has lifted the suspension of the licence for operation of all omnibuses belonging to Tashllyt Investments trading as Zebra Kiss. The lifting of the suspension follows the submission of comprehensive measures that have been put in place by Tashllyt…
At FITUR 2023, UNWTO served as the bridge between public and private leaders to advance plans to build a more diverse, resilient, and sustainable tourism sector. With the latest UNWTO data pointing to a return to pre-pandemic arrival levels in some world regions in 2023, Secretary-General Zurab Pololikashvili once again joined His Majesty King Felipe VI of…
By Kavit Majithia A European Commission (EC) proposal set to be released next month will outline a shake-up to existing regulation to help operators with the cost of rolling out 5G, Reuters reported, part of a wider plan for all citizens in the bloc to have access to gigabit connectivity by 2030. Reuters reported an official document…
An investment management firm, Bard Santner, has launched a Gold Coin Unit Trust. This comes as the company seeks to give investors a chance to invest in one of the oldest assets ever to be held by investors. This development comes after in July 2022, the Reserve Bank of Zimbabwe, issued Mosi- Oa-Tunya Gold Coins…
Energy and power development company, Power Giants Southern and East Africa has made a management shake-up which saw former finance director Mrs. Evelyn Kachirekwa being promoted to the helm of the organisation and the appointment of new directors. As the new Managing Director, Mrs. Kachirekwa will be responsible for steering the company through its transformation…
The Bon Marche Liv It up Fiesta promotion commenced on the 19th of January 2023, with a clear promise of giving thousands of customers a FRESH START to the New Year. It has been lots of pomp and fun fare in Bon Marche stores as customers were treated to incredible instant prizes, as a reward…
The Pan-African Parliament (PAP), led by its President, H.E Hon. Chief Fortune Charumbira has arrived at the African Union (AU) Headquarters in Addis Ababa, Ethiopia for preparatory meetings related to the 42nd Ordinary Session of the Executive Council (Ministerial Session) and the 36th Ordinary Session of the AU Assembly (Heads of State and Government Session), scheduled to take place…
By Clayton Masekesa MUTARE – Community-Based Organizations (CBOs) are calling on the government to show commitment to investigate the increasing deaths of people in mining incidences at Redwing Mine in Penhalonga. The CBOs include Centre for Research and Development (CRD), Penhalonga Youth Development Trust (PYDT), Zivai Community Empowerment Trust (ZICET), Penhalonga Service Delivery Committee (PSDC),…
Carbon offsetting is a popular strategy for individuals and companies looking to offset their carbon footprint and mitigate the effects of climate change. One way to do this is through planting forests or trees. While this approach has its benefits, it also has its drawbacks Forest carbon offsets and REDD+ can help reduce deforestation and…
Own Correspondent Let me hasten to say the least of all, Zimbabwe is privileged to have one of the few local talented tycoon businesswomen and prominent academic Dr. Shamiso Fred as a product of economic empowerment. Fred’s rise to prominence was a result of hard work, self-determination, and humility as a pillar towards her achievement….
The curtain came down on a successful 43rd Edition of the Feria Internacional de Turismo/International Tourism Trade Fair (FITUR) in Madrid, Spain on Sunday. The fair which kicked off last week on Wednesday and ran for five days saw Zimbabwe Tourism Authority exhibiting and showcasing the destination to the global travel market. Zimbabwe Tourism Authority…
By Charles Dhewa Food hand-outs and free inputs have been over-used to address poverty and food insecurity in most developing countries, yet providing a ready market for existing commodities could be a better solution. In communities where local food like indigenous chickens, goats, sheep, small grains, and wild fruits like baobab are major socio-economic drivers,…
By NJ Ayukn (Executive Director, African Energy Chamber) The renewable energy company that Al Jaber leads, Masdar, is a model of the important role the petroleum industry can take in moving the world closer to widespread renewable energy usage The backlash in recent days about the selection of Sultan Al Jaber, chief executive of the…
As part of the celebration of “Rabat, African Capital of Culture” under the High Patronage of His Majesty King Mohammed VI – May God Assist Him – the official commemoration of the World Day of African and Afro-descendant Culture (JMCA) is celebrated on January 24, 2023, at the hotel La Tour Hassan in Rabat (Morocco)….
By ‘We Are Victoria Falls’ Our 2022 “Future Traveller Sentiment Survey Report” shows that surveyed international, regional and local agents and trade continue to have increased confidence in Victoria Falls. An overall 94% of respondents have confidence in booking Victoria Falls, compared with 79% in 2021 and 52% in 2020. What will the future…
In the quest to provide an enabling environment for the growth of the ICTs sector, the government has deployed computer laboratories for schools in the Bulawayo Metropolitan Province. This came to the fore when Dr. Jenfan Muswere, the Minister of ICT, Postal and Courier Services presided over the official launch of Schools’ ICT labs in…
Africa is set to outperform the rest of the world in economic growth over the next two years, with real gross domestic product (GDP) averaging around 4% in 2023 and 2024. This is higher than projected global averages of 2.7% and 3.2%, the African Development Bank Group said in Africa’s Macroeconomic Performance and Outlook (http://bit.ly/3iLJF4C)…
Marondera, Zimbabwe – The Adam Molai Foundation held the first of its Health and Wellness outreach event in 2023 from the 17th to the 18th of January. The two-day event was in Marondera where 195 people consulted doctors from Mahusekwa District Hospital in Wedza. Members of the community also received health and wellness advice from…
By Elvis Dumba Zvimba South – Flamboyant Zvimba South Constituency Lawmaker, Dr. Phillip Chiyangwa who is also the National Chairman for ZANU (PF) fundraising projects, poured ZWL$11 million dollars for community empowerment projects in the area. In an interview, Dr. Chiyangwa said the money is intended to boost the already different income projects in the…
After a stronger-than-expected recovery in 2022, this year could see international tourist arrivals return to pre-pandemic levels in Europe and the Middle East. Tourists are nonetheless expected to increasingly seek value for money and travel closer to home in response to the challenging economic climate. Based on UNWTO’s forward-looking scenarios for 2023, international tourist arrivals…
Entries are open for the 2023 Ashden Awards. The eight awards announced today will supercharge climate innovation creating a fairer future, particularly widening access to clean energy. The awards are seeking trailblazing, empowering initiatives in low-income countries and the UK. There are five awards open to African organisations, with one focused purely on solutions from the…
Bon Marche, a brand within the stable of the Zimbabwe Stock Exchange Listed Company OK Zimbabwe Limited is this year giving all of us a FRESH START, with the Bon Marche Liv It Up Fiesta Promotion. Bon Marche is launching a fresh and happy promotion across their 8 Bon Marche stores aimed at providing a…
By Charles Dhewa A very important step in decolonizing African food systems is re-defining and contextualizing the meaning of a gene bank. The conventional scientific notion of a gene bank[1] as a type of bio-repository that preserves genetic material ignores the socio-cultural dimension of genetic material. For instance, scientific gene banks for plants are built through vitro storage, freezing…
By Mike Robuck Research company IDC estimated worldwide shipments of used smartphones in 2022 hit 282.6 million units, an 11.5 per cent year-on-year increase, primarily driven by operator trade-in programmes. IDC forecast shipments of officially refurbished and used devices will continue to rise at a CAGR of 10.3 per cent between 2021 and 2026, when…
Nestlé has unveiled the Nescafé́ Plan 2030 to help drive regenerative agriculture, reduce greenhouse gas emissions, and improve farmer livelihoods. Every year, Nescafé supports around 100,000 coffee farmers and buys more than 800,000 metric tons of green coffee – that’s more than 13 million bags from more than 20 countries. This carefully measured feat would…
Member of the National Assembly for Chipinge Central Constituency, Hon Raymore Machingura has used Parliament’s Constituency Development Fund (CDF) to build a classroom block at Mayfield Secondary School. The Deputy Minister of Primary and Secondary Education, Hon Edgar Moyo, who was representing the Minister of the same ministry, Hon Dr. Evelyn Ndlovu on Friday 13…
Close to 1 billion people in low- and lower-middle-income countries – 1 in 8 of the world’s population –are served by healthcare facilities that lack a reliable electricity supply, according to a new report from the World Health Organization (WHO), the World Bank, the International Renewable Energy Agency (IRENA), and Sustainable Energy for All (SEforAll)….
The Earthshot Prize, a global environmental prize to discover, accelerate, and scale ground-breaking solutions to repair and regenerate the planet, has begun its 2023 search for breakthrough solutions to solve the globe’s biggest environmental challenges. MultiChoice (www.MultiChoice.com), the official African broadcast partner and member of The Earthshot Prize Global Alliance, is issuing a call for…
The Zimbabwe Tourism Authority has extended hearty congratulations to African Sun Limited for their successful refurbishment of parts of the Troutbeck Resort. This comes after the resort made a public announcement to patrons on Thursday. “We are pleased to share that we have completed the refurbishment and revamping of our guest rooms,” the resort said…
By Charles Dhewa Decolonizing public procurement by governments and development organizations will improve consumer access to diverse and healthy diets while also increasing the incomes of smallholder farmers. In countries like Zimbabwe, government institutions like colleges, schools, and hospitals cannot buy food directly from farmers. These formal institutions have to buy food through companies registered…
Dr. Keabetswe Modimoeng has been appointed as Corporate Affairs and Stakeholder Relations Group Executive for MultiChoice Africa with effect from January 2023. Dr. Modimoeng will report to Collen Dlamini (Group Executive Corporate Affairs), and he will be a member of the Multichoice Africa Executive Team. Dr. Modimoeng is the former executive chairperson of the Independent…
The Ministry of Information Communication Technology (ICT), Postal and Courier Services together with the Postal and Telecommunication Regulatory Authority of Zimbabwe (POTRAZ) launched computer laboratories for 14 schools in Masvingo Province yesterday. Kanongovere Secondary; Chikwerengwe Secondary; Rafamoyo High; Mushayavanhu Primary; Mutero Central Primary; Magombedze High; Chimombe Mudyanadzo High; Mutambwi High; Rumhizha High; and Mutendi High;…
Computers received by the Ministry of Public Service, Labour and Social Welfare from the Ministry of ICT, Postal and Courier Services will propel the former’s key mandates in the provision of inclusive social protection, labour disputes resolution, fostering a conducive labour market environment, job creation and placement for job seekers. This emerged yesterday when Hon…
H.E. Mevlüt Cavusoglu, Minister of Foreign Affairs of the Republic of Turkey’s visit to Zimbabwe signalled the deepening bilateral relations between the two countries. Addressing journalists after meeting with Vice President Constantino Chiwenga, who is the Acting President, and a delegation led by Ambassador Fredrick Shava, the Minister of Foreign Affairs, and other key government…
The Southern Africa Resource Watch (SARW) proposes that the Zimbabwean government puts in place further reforms that complement its policy decision to ban raw lithium exportation to alleviate the negative impacts on Artisanal miners that the recent ban has had. Lithium is one of the critical minerals required for energy transition and the manufacturing of…
The outgoing United Nations Development Programme (UNDP) Zimbabwe Resident Representative Ms Mia Seppo yesterday bade farewell to the Minister of Environment, Climate, Tourism and Hospitality Industry Hon Nqobizitha Mangaliso Ndhlovu in Harare. The Minister appreciated the support that the UNDP Zimbabwe country office gave during the time of Ms Mia Seppo on various national development…
By Wellington Zimbowa There is a pertinent need for a law that forces companies to step up on corporate social responsibility for them to undertake business, Chief Makumbe from Buhera, who also represents Manicaland chiefs in the senate has said. The maverick who wants to take the issue up with the senate revealed this when…
By Elvis Dumba Yomba, Zvimba North – The opening of schools this week puts a strain on parents and guardians who have school-going children under their care but various income-generating projects produced by Zvimba North Constituency lawmaker, Marian Chombo, have come in handy as they can use proceeds from the projects to support their children’s…
By Elvis Dumba Nyabira, Zvimba – The First Lady, Dr. Amai Auxillia Mnangagwa has called for investment in waste management to ensure a cleaner environment. The First Lady, who is the country’s patron for the environment, was in Nyabira for the monthly national clean-up day where she led a waste cleaning and tree planting exercise….
By Sean Chatman (AI Revenue & Income Creator) AI has the potential to be a major driver of revenue and income growth. But how can businesses make the most of this technology? One way is to use AI to develop new products and services. For example, banks are using AI to develop new customer-service applications…
By Joseph Waring Samsung Electronics co-chief predicted a spike in interest rates and inflation would weigh on demand for consumer products in 2023, but noted the decline would likely begin to ease in the second half of the year, The Wall Street Journal (WSJ) reported. Vice chairman and co-CEO Han Jong-hee told the newspaper the company…
