Rainbow Tourism Group optimistic about the future

Leading hospitality company Rainbow Tourism Group (RTG) is optimistic about the future following its solid performance during first half year of 2022. The Chairman of the RTG Board Mr. Douglas Hoto, in his Chairman’s statement, reported growth in all the key performance indicators which include EBITDA, revenue, and occupancy. RTG grew its revenue by 246%…

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RTG declares dividend in 2022 first half financial results

Zimbabwe’s leading hospitality company Rainbow Tourism Group (RTG) declared a dividend in its just-published first half of 2022 financial results. In his Chairman’s statement, the RTG Board Chairman Mr. Douglas Hoto said “On behalf of the Board of Directors I am pleased to advise shareholders that the Group has declared an interim dividend of ZW$380…

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Apple reportedly dampens iPhone sales expectations

By Chris Donkin   Apple scrapped plans to increase iPhone production in H2 compared with the amount made in the same period of 2021, with demand for standard versions of its latest flagship rumoured to be weaker than anticipated, Bloomberg reported. The news website claimed suppliers had been told to cut targeted production of units of its iPhone…

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Harare Institute of Technology hosts tech-innovation expo

By Wallace Mawire The Harare Institute of Technology (HIT) is hosting a tech-innovation expo week from Monday 26 September to Saturday 1 October 2022 at its University Campus in Belvedere, Harare to provide a platform for academia, captains of industry, and the engineering sector to discuss the future of the country’s manufacturing industry. According to…

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Afreximbank Trade Payment Services (AfPAY) launched

The African Export-Import Bank (Afreximbank) today announced the commercial launch of Afreximbank Trade Payment Services – or “AfPAY” – an intervention designed to facilitate the settlement of international trade on open account terms on behalf of identified African financial institutions and their clients. Afreximbank developed the product specifically to address the banking challenges confronting African…

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Pathways for repurposing resources are long overdue in developing countries

By Charles Dhewa Private property laws that many African countries adopted from colonialism have had both positive and negative aspects. One positive is that the privatization of property has encouraged investors to make long-term investments in infrastructure and other developments that create reliable employment. On the negative side, once property like land becomes private, the…

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APO Group enters content partnership with Excellence in Broadcasting (EIB) Network

APO Group (www.APO-opa.com), the leading Pan-African communications consultancy and press release distribution service, yesterday announced a content partnership with one of Ghana’s biggest media companies, EIB Network, boosting visibility for its clients, and bringing quality African stories to new audiences across Ghana and beyond. All text, images, videos and soundbites distributed by APO Group will…

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Postal and Telecommunication Sector 2nd Quarter Report 2022

Address by the POTRAZ Director-General, Dr. G.K. Machengete The Director General of the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ), hereby presents the key trends observed in the Postal and Telecommunication sectors during the second quarter of 2022 as follows: Mobile, Internet/data and fixed telephone subscriptions Active fixed telephone lines increased 1.5% to reach…

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‘Connected services’ transform all economies: SME Competitiveness Outlook

The International Trade Centre releases flagship report SME Competitiveness Outlook 2022: Connected Services, Competitive Businesses The SME Competitiveness Outlook 2022, released yesterday, puts the spotlight on four types of services – known as connected services – that drive transformation, regardless of economic level. The four – transport and logistics, financial services, information and communication technologies, and business and…

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Court okays Kadoma Agricultural Show

By Lovemore Chazingwa The highly anticipated 109th edition of the annual Kadoma Agricultural show event set for tomorrow until Saturday is going on as planned, a court decision has been endorsed. Substantive show society executive chairman Patson Madera made the revelation in an interview at Kadoma showgrounds. “This year’s officially endorsed Kadoma Agricultural Show is…

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Cimas attains ISO information security management certification

Cimas Health Group has attained ZWS ISO/IEC 27001:2013 certification. This means that it has a world-class Information Security Management System in place that ensures the security and confidentiality of clients’ information.   Standards Association of ZimThe ZWS ISO/IEC 27001:2013 Information Security Management System certificate was officially handed over to Cimas Health Group Chief Executive Officer…

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Tourism Innovation Challenge 2022: A transformative and job creation tool

The Tourism Innovation Challenge is a launchpad for transforming the sector through creative projects that have the potential to create employment for young people. The competition augurs the government’s thrust on innovation in which the government has been visibly intentional in having the youth at the core of the country’s innovation programmes. Hon Mangaliso Ndlovu,…

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Media urged to take a leading role in fighting corruption

By Baboloki Semele Nairobi, Kenya: The Executive Secretary of the African Union Advisory Board Against Corruption (AUABC), Charity Nchimunya has urged the media to occupy the front lines in the fight against corruption. She made the call on 27 September 2022 in Nairobi, Kenya at a media engagement workshop on supporting the implementation of the…

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Kadoma entrepreneur celebrates birthday with the elderly

By Chimeno Azriel Kadoma youthful entrepreneur, Mr. Godwin Gwara celebrated his birthday with the elderly at a ceremony held in Kadoma last Saturday. The youthful businessman celebrated his birthday in style by giving out maize to the Kadoma senior citizens in the Rimuka high-density suburb. Instead of throwing big parties and receiving presents, Gwara decided…

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ZETDC makes inroads towards addressing power supply challenges

Power utility, Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is taking concrete steps to ensure a reliable supply of electricity. Speaking to Spiked Online Media following an inquiry into the steps being taken by the power utility to address intermittent power cuts, Eng John Diya, speaking on behalf of the ZETDC Acting Managing Director, Eng…

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Parliament laptops procurement saga: Clerk clears air

There were heated verbal exchanges today at the committee meeting by the Public Accounts Committee that sat to deliberate events that led to the cancellation of a Blinart Investments P/L tender to supply 173 laptops for US$1,602,755.77 to the Parliament of Zimbabwe. If the deal had sailed, Parliament would have parted with US$$9,200 per laptop…

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Sanganai/Hlanganani Expo forum to unpack tourism investment opportunities

The Zimbabwe Tourism Authority will hold a Tourism Investment Forum on the sidelines of the upcoming Sanganai/ Hlanganani World Tourism Expo on 14 October 2022 at the Zimbabwe International Exhibition Centre koBulawayo. The Forum will run under the theme: “Thinking Investment – Explore Zimbabwe Tourism Opportunities”. The ZTA Chief Executive, Ms Winnie Muchanyuka outlined the…

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Junior Parliamentarians propose measures to revive the tourism sector

Junior Parliamentarians today proposed a raft of innovative measures to enhance the contribution of tourism to the economy as the sector is emerging from the devastating effects of the COVID-19 pandemic. They made the contributions today during the commemoration of World Tourism Month celebrations at the inaugural Debate Session by Junior Parliamentarians organised by the…

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Sanganai/Hlanganani World Tourism Expo attracts Japanese market

As preparations for the 15th Edition of the Sanganai Hlanganani World Tourism Expo hit pitch fever, the Zimbabwe Tourism Authority (ZTA) is delighted with the interest in Destination Zimbabwe by the Japanese market at the Tourism Japan Expo in Tokyo. ZTA’s Marketing Manager responsible for Asia and the Pacific markets, Eniel Senderayi says the inquiries…

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David Mascott Country School a centre of excellence for sports and wellness

Norton-based David Mascott Country School is becoming a centre of excellence for sports and wellness in Zimbabwe as evidenced by the multiplicity of stakeholders who thronged the elite educational institution on Saturday 24 September 2022. Addressing participants during the highly-subscribed event yesterday, Hon Temba Mliswa, the Member of the National Assembly for Norton, said sports…

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Ignoring Africa’s small-scale food producers at COP27 will imperil their survival

By Alliance for Food Security in Africa (AFSA) Africa’s small-scale farmers risk being disregarded and shut out at international climate negotiations (COP27) in Egypt this November, warns Africa’s largest civil society movement, the Alliance for Food Sovereignty in Africa. AFSA represents over 200 million small-scale farmers, fisherfolk, pastoralists, and indigenous peoples. The warning comes after…

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‘My Food is African’ campaign launched at the National Seed Fair

Zimbabwe launched the My Food is African campaign at the National Seed Fair which was graced by the Guest of Honour, Dr. George Kembo, the Director-General of the Government’s Food and Nutrition Council (FNC). Zimbabwe’s National Seed Fair is hosted by the Zimbabwe Seed Sovereignty Programme (ZSSP), which the Participatory Ecological Land Use Management (PELUM) Zimbabwe…

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Investing in African talent pays off

A strategy to invest in skills development through the MultiChoice Talent Factory (MTF) is yielding exciting results for MultiChoice, as  MTF graduates enter the industry. Ongoing long-term investment by MultiChoice in developing talent for the content, production, and entertainment industry is having an impact across the African film and television industry – and helping to…

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Interface between tourism and sports a harbinger for sustainable development

Sports Tourism is a key ingredient for sustainable development, Hon Barbara Rwodzi, the Deputy Minister of Environment, Climate, Tourism and Hospitality Industry has said. Tourism is one of the key activities lined up during the Month of September, a month dubbed Tourism Month, where the ministry is showcasing the critical role tourism can play in…

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Kadoma Hotel and Conference Centre Solar Power Plant: Implementing renewable energy

The Rainbow Tourism Group (RTG) has demonstrated its commitment to providing renewable energy and implementing green initiatives when it installed a 300 KVA solar plant at the Kadoma Hotel and Conference Centre. The solar plant generates 0.3 MW of solar power for the hotel and has become the main souce of power ahead of the…

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Media Practitioners’ Bill should clearly define a journalist: Stakeholders

By Tafadzwa Muranganwa The proliferation of citizen journalism, blogging, and vlogging among other alternative media have made the definition of a professional journalist in Zimbabwe difficult. This was heard at the Media Alliance of Zimbabwe (MAZ) engagement meeting on Wednesday. Media stakeholders including the Voluntary Media Council of Zimbabwe (VMCZ), the Zimbabwe Union of Journalists…

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Tourism Expo Japan: Platform to market Destination Zimbabwe

The Zimbabwe Tourism Authority is participating in the Tourism Expo Japan which kicked off yesterday and will run until 25 September 2022. Tourism Expo Japan is organized by the Japan Travel and Tourism Association, the Japan Association of Travel Agents (JATA), and the Japan National Tourism Organization (JNTO). This is a prestigious travel trade event…

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Let’s bust economic challenges through hard work: Phillip Chiyangwa

The current economic challenges are short-lived and can only be dealt with through hard work. The Emmerson Mnangagwa administration has created many opportunities in various sectors that young people should take advantage of. The sentiments were made by Zvimba South Constituency legislator and property mogul, Dr. Philip Chiyangwa. “We have lots of opportunities in this…

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UNAIDS applauds donor funding to the Global Fund

High-income countries, private sector partners, and developing countries, many with high HIV burdens, have all stepped up to fund the Global Fund UNAIDS congratulates donors for increasing their contributions to the Global Fund to Fight AIDS, Tuberculosis, and Malaria (Global Fund). Donors pledged US$ 14.25 billion to support efforts to end the three pandemics with…

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UN agencies empowering East Africa’s SMEs, women and youth within AfCFTA

Actors in the East African business ecosystem stressed the need to include small business owners in AfCFTA negotiations on the Protocol for Women and Youth. The International Trade Centre, the United Nations Development Programme (UNDP) and UN Women, collaborate with the East African Business Council to engage business support organizations in the region on the…

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South Africa-based diasporas can buy Econet airtime via 263 Toppa

Zimbabweans living in South Africa have been given a platform to buy Econet airtime for their family and friends back home through an innovative service called 263 Toppa. The new international airtime transfer service, which was recently launched by Econet Wireless Zimbabwe, allows an estimated 1 million Zimbabweans working and living in South Africa to…

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IFRC warns of deepening global hunger

By Baboloki Semele Gaborone, Botswana – The warning lights are flashing on high: armed conflict, climate-related emergencies, economic hardship and political obstacles are leading to a growing wave of hunger in countries around the world. The misery for millions will deepen without immediate urgent action, warns the International Federation of Red Cross and Red Crescent…

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Türkiye offers top-notch tertiary education scholarships for various academic disciplines

In a sign of deepening cordial relations between the two countries, Zimbabwe’s all-weather friend, Türkiye, is offering local students top-notch tertiary education scholarships for various academic disciplines. Addressing delegates during a send-off tea program with students who have been granted Turkish scholarships this year and graduates from Türkiye, Her Excellency Berna Kasnakli Versteden, the Ambassador…

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Economic growth underpinned by sustainable environment, tourism and climate resilience

The Minister of Environment, Climate, Tourism and Hospitality Industry, Hon Mangaliso Ndlovu has said the National Development Strategy 1 (NDS1) blueprint prioritizes a sustainable environment, tourism, and climate resilience, which anchor and underpin economic revival growth. He made the remarks at Leopard Rock Hotel in Vumba during the ministry’s strategic planning workshop meant to enhance…

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Positive market response as Sanganai/Hlanganani marks in-person return

Preparations for the Sanganai/Hlanganani-World Tourism Expo 2022, have engaged into a high gear with 100 buyers and 250 exhibitors from regional and international markets, registering to be part of the premier business exchange platform. The Expo, taking place at the Zimbabwe International Exhibition Centre in Bulawayo from 13 – 15 October 2022, will be the…

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The Joshua Generation International Network: Financial solutions hub for youths

The Joshua Generation International Network (TJGIN) is assisting youths in marginalized communities to access operating capital for the smooth running of their enterprises, thereby solving a myriad of challenges that are bedeviling the African continent. The organisation that has spread its wings across Africa has assisted youths to be financially independent through empowerment programs and…

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Removing cross-border trade barriers boosts African food security: IFPRI experts

Pursuing continental self-sufficiency may not be an appropriate remedy for Africa’s weak position in agricultural supply chains, experts at the International Food Policy Research Institute (IFPRI) have warned. African countries must improve their transnational transport infrastructure or risk remaining vulnerable to shocks in global food supply chains, the team of experts has warned following the…

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TJGIN embracing joint-venture partnerships for youth empowerment, economic development

The Joshua Generation International Network (TJGIN) is embracing joint-venture partnerships in its programming in order to guard against shortcomings associated with dealing with individuals in its quest to promote youth empowerment and economic development for young people globally. This was revealed in Zimbabwe’s eastern border town of Chipinge yesterday by Pastor Xavier Mzembi, one of…

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