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The works entail the immediate rehabilitation of 265 km of MGR tracks between Malaba and Mukono, including the line to Jinja Pier and Port Bell on Lake Victoria The African Development Bank Group (www.AfDB.org) is providing $301 million to overhaul the Kampala-Malaba Meter Gauge Railway (MGR) in Uganda. The railway line is part of the…
Dr. Solomon Matsa, the President of the Business Economic Empowerment Federation (BEEF) who was the Guest of Honour at a prize-giving ceremony at Dambudzo school on Thursday awarded 12 students scholarships until they finish Advanced Level. Dambudzo School has 1613 students and 48 teachers, proving the need for more schools in the country since Zimbabweans…
As part of Nestlé Needs YOUth Initiative, MYOWBU is benefitting over 5, 000 young people and seeks to double its youth outreach with entrepreneurship to 10, 000 by 2025 In the world of entrepreneurship, some dream and hope their ideas become reality whilst others seize any available opportunity to make their dreams come true. In…
Zimbabwe Tourism Authority Chief Executive, Ms. Winnie Muchanyuka has urged the Tourism and Hospitality Industry to collaborate with the government in bidding for Meetings Incentives Conferences Exhibitions Tourism (MICE) events. Muchanyuka was speaking at the 2022 edition of the Hospitality Association of Zimbabwe Congress which kicked off in Victoria Falls yesterday. “I would like to…
The MultiChoice Group, an official African media broadcast partner for The Earthshot Prize, will air the prestigious competition’s annual awards ceremony which will be filmed on Friday, 2 December at the MGM Music Hall in Boston, United States. Award-winning broadcaster, podcaster, and television presenter Clara Amfo returns for a second year to co-host the awards alongside actor, producer…
Diverse actors from 30 countries call for a comprehensive Africa Food Policy that addresses Africa’s need to feed itself in the face of global uncertainty and climate change. The social movements’ call came following the conclusion of the 4th Alliance for Food Sovereignty in Africa (AFSA) Biennial Food Systems Conference, which was held in Yaoundé, Cameroon,…
The TelOne Centre for Learning has been described as a citadel for the development of ICT and technology necessary to propel Zimbabwe into an upper-middle income economy by 2030. This was revealed by Dr. Jenfan Muswere, the Minister of Information Communication Technology (ICT), Postal and courier services during the 8th TelOne Centre for Learning (TCFL)…
Tigere Property Fund has become Zimbabwe’s first real estate investment trust (REIT) to list on the Zimbabwe Stock Exchange (ZSE). Finance Minister Professor Mthuli Ncube, rang the ceremonial opening bell to signify the listing of the Trust at an event on November 30th. The Trust started trading on the bourse on December 1st. The listing…
President Emmerson Mnangagwa has appointed African Development Bank President Dr. Akinwumi Adesina, who has agreed and committed to working with other institutions to support the Zimbabwean government in clearing its arrears and resolving its debts owed to international creditors including the African Development Bank, the World Bank Group and the European Investment Bank. President Mnangagwa…
Old Mutual Zimbabwe (OMZ) Group Marketing, Public Affairs, and Sustainability Executive Lillian Mbayiwa has been elected Marketers Association of Zimbabwe’s (MAZ) 7th president at an AGM held in Harare last week. Mbayiwa takes over from Prof Zororo Muranda following the expiry of his tenure. Mbayiwa will be deputized by Emilia Mabika from ZB Financial Holdings…
By Kanchan Nath Tourism leaders from every global region have met to advance plans to transform the sector against a backdrop of challenges old and new. UNWTO convened its Executive Council in Marrakesh, Morocco, as the sector’s recovery continues to gather pace. Welcoming 16 Ministers of Tourism and delegations from 36 countries, UNWTO Secretary-General Zurab…
African Export-Import Bank (Afreximbank) announced that Mrs. Kanayo Awani received the AFIS “Woman Leader” award at the annual Africa Financial Industry Summit (AFIS) 2022 in Lomé, Togo. The AFIS awards, founded in 2021, recognize and reward institutions and individuals who have made significant contributions to the growth of the African financial sector. The AFIS “Woman…
By Hillary Munedzi Zimbabwe’s leading hotel and leisure company, Meikles Group, managed to recoup lost revenue with the segment’s operations in Victoria Falls growing by 244% to ZWL1.3 billion from ZWL398 million in the reviewed financial announcement for the six months ending 30 September 2022. African countries are having an influx of international tourists with…
By Mathew M. Abang (Ph.D., MBA) One of the main constraints to food security, poverty alleviation, and economic growth in the SADC region is low agricultural productivity, which is partly attributed to the underuse of fertilizers that are at times of poor quality. An adequate supply of, and access to, good quality fertilizer that is…
By Fitzgerald Munyoro The government of Zimbabwe through an amalgamation of the ministry of land, agriculture, fisheries, and rural development and the Ministry of Information Communication Technology, Postal and Courier Services has partnered with an African development conglomerate, Smart Africa, in the development of a real time agricultural data mapping system called Agriculture Information Management…
The Ministry of Information Communication Technology, Postal and Courier Services, left the Midlands Province ICT-enabled following the launch of five (5) community information centres (CICs) and six (6) ICT labs in Shurugwi on 28 November 2022. Gracing the launch were the Deputy Minister of ICT, Postal and Courier Services, Hon. Dingimuzi Phuti; the Director General…
By David Kamau and Peiman Milani The world is facing a global food crisis like none other, with food prices at historic highs, supply chains disrupted by war and disease, and climate change threatening harvests in virtually all geographies. Global food insecurity is rising so rapidly that hunger pushes one child per minute into severe malnutrition and in 2021, up to 828…
By Veritas In early medieval Europe, taxes were often paid in kind, with taxpayers providing labour or other services or handing over goods and produce to the tax collectors. A thousand years or so later, Zimbabwe adopted the same system for the payment of miners’ royalties. On the 4th of November, the President published a…
By Charles Dhewa Middlemen are often blamed for reaping off farmers and consumers. However, most of the criticism is based on a poor understanding of how markets function and the gaps closed by middlemen. All markets have unique ways of assigning roles to different actors. If middlemen were not important in coordinating supply chains and…
Thirty-seven of 52 African countries have become more industrialized over the past eleven years, according to a new report from the African Development Bank (www.AfDB.org), the African Union, and the United Nations Industrial Development Organization (UNIDO). The Africa Industrialization Index (AII) report provides a country-level assessment of 52 African countries’ progress across 19 key indicators….
By Elvis Dumba Chinhoyi – Mashonaland West Minister for Provincial Affairs and Devolution, Hon Mary Mliswa-Chikoka has recorded another first by bagging a prestigious award. Hon Mliswa-Chikoka was awarded Outstanding Woman CEO Award 2022 by CEO Network Zimbabwe, making history as the first provincial minister of state to receive such an accolade. The Mashonaland West…
By Persistence Gwanyanya While the $4,5 trillion budget might have given a great deal of consideration to the urgent need to balance growth and stability, its implementation remains key. Given the structural nature of our challenges, I never expected a silver bullet type of budget that addresses all of them. Economic rebuilding is a journey…
The Third Zimbabwe-Malawi Joint Tourism Technical Committee (JTTC) meeting was held in Lilongwe, Malawi from 23 to 24 November 2022. The meeting was Co-Chaired by Ambassador Raphael T. Faranisi, Secretary for Environment, Climate, Tourism, and Hospitality Industry, and Mr. Chauncy Simwaka, Secretary for Tourism, Culture, and Wildlife, Malawi. The objective of the meeting was to…
As Zimbabwe Environmental Law Association (ZELA) joins the world in commemorating the 16 Days of Activism against Gender-Based Violence (GBV), it expressed concern over the increase in the vice within the artisanal and small-scale mining (ASM) sector. The annual campaign begins on 25 November and runs through International Human Rights Day on 10 December. ZELA…
DStv subscribers in Zimbabwe now have an additional method for paying their subscriptions, with the inclusion of the Mukuru platform in the methods available for payments. According to Liz Dziva, MultiChoice Zimbabwe publicity and public relations manager, Mukuru became a channel for subscriptions in November, just in time for the 2022 FIFA World Cup tournament,…
The governance of labour migration as an instrument for development in Southern Africa will be put under the spotlight at a high-level tripartite two-day dialogue titled: “Labour Migration Governance in the SADC region,” to be held in Victoria Falls, Zimbabwe 29th and 30th November. The President of Zimbabwe, Dr Emmerson Mnagwanga will officially open the…
The Zimbabwe Parents of Handicapped Children Association (ZPHCA) Coordinator, Mrs. Theresa Makwara expressed her gratitude to Miserior for donating a Land Cruiser vehicle to the organisation for the purpose of increasing mobility. The organization is now expanding to reach out to children with disabilities and their parents in far rural remote communities in Zimbabwe in…
The United Nations (UN), Women’s Academy for Leadership and Political Excellence (WALPE), and the Wedza Residents Development Initiative Trust (WERDIT) are among the stakeholders who reiterated that gender-based violence (GBV) is an impediment to development. The sentiments came yesterday as stakeholders marked the beginning of 16 Days of Activism Against Gender-Based Violence (GBV) under the…
If rising above adversity was a person, then that description would best fit 56-year-old Martha Mazengera who when life threw curveballs at her, found it in her to find ways to make sure she took care of her family. When Martha Mazengera’s husband passed away, she found herself as the breadwinner to her 4 children…
David Thomas, Editor, African Business Magazine The Cop27 climate summit at Sharm El-Sheikh in Egypt closed earlier this week with a flagship agreement among richer countries to fund a “loss and damage” fund for vulnerable nations hit by climate change. The announcement is an important victory for Africa, as Mohamed Adow, executive director at climate action organisation Power…
Dr. Benjamin Emmanuel Katsvamutima, the Executive Director of the Chartered Institute Of Customer Relationship Management (CICRM) has underscored the fact that education is the passport to a bright future. He made the remarks at the CICRM institute’s 10th Graduation Ceremony yesterday, 24th November 2022 at a colourful function in Harare. The Chairman of the Consumer…
Dr. Solomon Matsa, the President of the Business Economic Empowerment Federation (BEEF) has implored Zimbabweans from all walks of life to take ownership of businesses and drive the economy. Founded in November 2017 by Zimbabwean business entrepreneurs, BEEF seeks to promote business and economic empowerment of native businesspeople, including citizens in the diaspora. “As a…
Zimbabwe Women Empowered in Business (ZIWEB) empowers women in Zimbabwe with the opportunity to start and sustainably run their own business by becoming sub-distributors for Nestlé East and Southern Africa (ESAR) From seeking to survive and sustain her family, to be able to afford luxuries that she once only dreamt of is the story of…
By Elvis Dumba The African Empowerment Fund -Organic Africa, is set to go into partnership with Farmers for Economic Development for herbal farming. Farmers for Economic Development National Chairperson, Tapiwa Chitate, said his organisation is targeting at least 5 000 hectares of land along the Zambezi Escarpment for the project. Chitate revealed this when he…
By Hillary Munedzi The Rural Enterprise Development Trust (REDT) said Zimbabwe’s educated youths have the requisite skills and capabilities required to create wealth within the economy and investing in their rural homes can be a panacea to youth unemployment. Speaking during the REDT first anniversary, REDT chairman, Mr. Joseph Israel Thompson said entrepreneurship should be…
The United Nations Climate Change Conference COP27 closed on 20 November with a breakthrough agreement to provide “loss and damage” funding for vulnerable countries hit hard by climate disasters. “This outcome moves us forward,” said Simon Stiell, UN Climate Change Executive Secretary. “We have determined a way forward on a decades-long conversation on funding for…
Kenya is set to benefit from a US$3 billion Country Programme from African Export-Import Bank (Afreximbank). This was announced during a meeting between Kenya’s President, His Excellency Dr. William Ruto, and Professor Benedict Okey Oramah, President and Chairman of the Board of Directors of Afreximbank. During the meeting held at State House Nairobi, Prof. Oramah…
As the world marks the arrival of its 8 billionth citizen, the largest generation of young people in history calls for change …A rising global movement of 1.8 billion young people calls for greater attention to policy and financing for their health and well-being World population officially topped 8 billion this week, as the largest generation of young…
Parties agree to historic loss and damage fund at COP27 to support developing countries that are particularly vulnerable to the adverse effects of climate change Paris Agreement remains intact – no backsliding or backtracking as commitments reaffirmed and strengthened despite global headwinds Progress achieved across the board at climate change talks and 1.5°C goal still…
By Elvis Dumba Kariba – Zimbabweans experiencing long hours of electricity load shedding will have to grapple with more power outages as electricity generation is depleted due to low water levels in Kariba Dam. The country now pins its hopes on improved electricity generation on the commissioning of unit 7 at the Hwange Power Station…
By Elvis Dumba Katawa – Women, people with disabilities, and other vulnerable community members in Zvimba North Constituency’s wards 15, 30, and 33 got empowered through the Presidential Rural Poultry Program. Hundreds of people received road runner chicks which were handed over by Zvimba North Constituency legislator and ZANU PF Central Committee member, Hon Marian…
Mr. Antonio Guterres, the Secretary-General of the United Nations in his speech at the conclusion of COP27 in Sharm el-Sheikh urged stakeholders to play their various roles in addressing the climate change crisis. He thanked the Egyptian government and COP27 President Sameh Shoukry – for their hospitality and recognized Simon Stiell and the United Nations…
By Kudakwashe Tagwireyi The unpredictable weather conditions that were being experienced in Mutasa South District and the persistent cyclones that had ravaged Manicaland, had placed women in the surrounding villages, in the limelight of dependency syndrome to their husbands and the donor community. Fate however has been in their favour this year as with the…
By Hillary Munedzi The United Nations Global Marketplace (UNGM) secretariat is working on providing opportunities for women in business in line with Sustainable Development Goals (SDGs). Speaking during the UNGM procurement seminar held in conjunction with Zimtrade at a local Hotel in Harare recently, Mr. Balakrishnan Amirthalingam, the Chief of the Global Procurement Support Section of…
The UN Climate Change High-Level Champions took stock of the contribution of non-State actors at COP27 with their closing event – COP27 Action Agenda: Progress & Priorities – wrapping-up a two week programme of over 50 events. This included the launch of the Sharm-El-Sheikh Adaptation Agenda, a number of major African-led initiatives to cut emissions and build…
