read all interesting business stories on zimbabwe news spiked. Newsdzezimbabwe business is updated every day and is very reliable.
By Ayanda Holo, Government Communications Director: International Media Relations South Africa is on a drive to broaden the existing pool of Black Industrialists. The objective is to accelerate transformation, ensuring that Black-owned businesses become active players in the mainstream economy. Over the past seven years, the South African Government has helped black-owned and managed…
By Staff Writer Chinhoyi – Local authorities have been urged to freely give out information related to their operations to residents for a mutually conducive working relationship. The call was made by Liberty Chitiya, Mashonaland West Provincial Chairperson for Zimbabwe National Organization of Associations of Residents Trusts during a provincial induction workshop for community coordinators…
By Elvis Dumba Mutorashanga – Residents of Mutorashanga in Zvimba North Constituency petitioned Parliament to bar a Chinese mining firm, Amazon Mine from drawing water from a collapsed asbestos mine which has become a tourist attraction known as Green Pool. The mysterious pool which is around 72 meters deep has become a leisure spot for…
In pursuit of leaving no one and no place behind as espoused by the 2030 Agenda on Sustainable Development, a multi-stakeholder partnership has given birth to the Braille for Tourism initiative in Victoria Falls. The Ministry of Environment, Climate, Tourism, and Hospitality Industry (MECTHI), in partnership with the Zimbabwe National Parks and Wildlife Management Authority…
By Own Correspondent The economic crisis that Zimbabwe is facing has worsened the majority of the country’s development indicators with none faring worse than Health Care provision. The healthcare system is characterised by grave inequalities that have also been intensified by the pandemic which caused a significant loss on the gains of the past few…
Fitch Ratings has upgraded African Export-Import Bank (Afreximbank) Long-Term Issuer Default Rating (IDR) to ‘BBB’ from ‘BBB-‘, noting that the outlook is “Stable”. Fitch Ratings highlighted that Afreximbank has strengthened its institutional role and raised its profile as the main multilateral development bank focused on supporting the public and private sectors in Africa. The Credit Rating Agency…
By His Excellency Mevlüt Çavuşoğlu, Minister of Foreign Affairs of the Republic of Türkiye On the evening of July 15, 2016, the “Fethullahist Terrorist Organization” (FETO) launched a bloody coup attempt against the people and the government of my country. Their aim was to establish a radical, fundamentalist regime, loyal only to their ringleader…
Darryl Pietersen, Head of Southern Africa, WorldRemit Harare, Zimbabwe…Like many countries in the world, Zimbabwe has over the last two-and-a-half years suffered the worsening effects of the Covid pandemic, which has adversely affected economies through border closures and limitations on trade activities. Zimbabwe’s economy is driven by agriculture, and while Covid pandemic restrictions have…
By Ayanda Holo (SA Government Communications Director – International media Relations) Since the start of democracy, the government has sought to advance women in our country. We have ensured that both gender equality and women’s empowerment are at the heart of our work. We continue to be on the lookout for initiatives and ideas…
By Lloyd Rabaya The Grain Marketing Board (GMB) has so far expropriated above 300 metric tonnes (MT) of grain from farmers who were intending to side-market their grain. This came out on Tuesday when Minister of Information, Publicity, and Broadcasting Services Monica Mutsvangwa was addressing the post-cabinet briefing. In her address, Mutsvangwa urged farmers to…
By NJ Ayuk ( Executive Chairman, African Energy Chamber (www.EnergyChamber.org) As I’ve mentioned before, when it comes to competing to be one of the European Union’s new natural gas suppliers, Senegal and Mauritania have several advantages. One, they have geography on their side. Their location should make it easier and more efficient to deliver liquefied…
Zimbabwe has launched the project on migration statistics and recognition of migrants’ skills, a programme being funded by the United Nations under the Economic Commission for Africa (ECA) initiative. In his remarks, Hon Kazembe Kazembe, the Minister of Home Affairs and Cultural Heritage, who was represented by his Deputy in the same ministry, Hon Ruth…
By Staff Writer The Community Democracy Engagement Organization has launched a Constituency and Parliament Participation Index that has seen Hon Marian Chombo, the legislator for Zvimba North, coming on top of the list. The organisation said a decision by Treasury to introduce a constituency visit allowance is set to encourage legislators’ constant interaction with communities…
The program aligns with Morocco’s human development objectives and the Bank’s High 5s strategic goal to foster sustainable and inclusive growth on the continent The Board of Directors of the African Development Bank Group (www.AfDB.org) approved an €87 million loan to implement the Support Program for the Generalization of Social Coverage in Morocco. The primary…
BY Clayton Masekesa MUTARE – Community-based Organizations (CBOs) in Manicaland have put in place a committee that will monitor local authorities on accountability and transparency on the use of public resources and provision of adequate service delivery. The committee was formed last Friday at a community formative meeting to launch the Social Accountability Project…
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has embarked on aggressive customer engagement programmes countrywide. The objective is to engage, update and conduct awareness programmes to address pertinent issues affecting stakeholders, especially in rural areas. On Saturday, ZETDC was at Gokwe Centre and the Commercial Director Engineer Ralph Katsande spoke to the Zimbabwe Broadcasting…
State-owned mobile telephony giant, NetOne, has partnered with Albino Charity Organization of Zimbabwe (ALCOZ) in an initiative that supports people with albinism as part of its corporate social responsibility. Netone Group Chief Executive Officer, Engineer Raphael Mushanawani, in a speech read by the Netone Matebeleland Regional Manager Ms. Elmah Dube at the belated International…
Staff Writer Chinhoyi – The Mashonaland West Provincial capital town, Chinhoyi Municipality has postponed to 31 December 2023 a ban on farm brick use. Initially, in December 2021, the local authority had set June 30 2022 as the deadline for the farm brick usage for building in the provincial capital in a move that saw…
By Sowell Chikwari Government should formalize enterprises in the so-called informal sector to stimulate job-inclusive economic growth, labour and business experts contend. The call comes as Zimbabwe’s economy is failing to create sustainable employment with the formal unemployment rate fluctuating around 90 percent. The rapid economic growth experienced in most African economies has also failed…
By Zimbabwe Coalition on Debt and Development (ZIMCODD) The National Social Security Authority (NSSA) was established in 1989 with the primary mandate of providing sustainable social security schemes for civil servants and employees in Zimbabwe, governed primarily by the National Social Security Authority (NSSA) Act of 1989, Chapter 17: 04. Following, NSSA was established to…
African Export-Import Bank (Afreximbank) has announced its execution of a project preparation facility financing head of terms with UTM Offshore Limited (UTM), under which the Bank will part-finance activities designed to progress a Floating Liquefied Natural Gas (FNLG) project in Nigeria to bankability. This deal marks Afreximbank’s ongoing support in leading UTM’s fundraising efforts to…
By the Financial Times Editor Hello from our very busy newsroom in London. Boris Johnson has agreed to step down as UK prime minister after a dramatic few days in which more than 50 members of the government quit. At the time of writing, Johnson plans to remain as caretaker prime minister until the Conservative…
MTN Cameroon announced the adoption of a new data analytics and AI platform to drive its digital transformation plans. The new solution unifies and correlates mobile operator and subscriber data into a single 360-degree view and enables real-time decisioning with LigaData’s Data Fabric and Flare products. MTN Cameroon becomes the thirteenth MTN Operating Company to implement the…
By Andrew Chibanda (Acting Spokesperson of PAZ) The Passengers Association of Zimbabwe (PAZ) acknowledges all the attempts and measures the government is putting in place to protect its citizenry from the mishaps of the shrunk transport delivery system. In its endeavor to do that the government is fairly failing because the implementation process lacks the…
Global Center on Adaptation Chief Executive Officer, Professor Patrick Verkooijen welcomed President Uhuru Kenyatta as the Global Champion for the Africa Adaptation Acceleration Program (AAAP) at the Leaders Dialogue on Adaptation Action in Africa in Nairobi on Thursday 07 July 2022. President Kenyatta has been a key driving force behind the AAAP, an Africa-led,…
BY Clayton Masekesa MUTARE – Mutare-based community organization – Conscious For Development Trust (CODET) – has engaged the Mutare City Council to increase youth participation in development processes in the city. The initiative is part of CODET’s recently launched Youth Engagement For Accountability in Zimbabwe (YEAZ) programme that is aimed at engaging youths to fully…
Staff Reporter South African businessman Dr. Mandla Lamba is on the path to possibly become the second richest man in Africa after Aliko Dangote, following plans by his electric vehicles (EVs) company Agilitee Africa to issue a US$20 billion Initial Public Offering on the Johannesburg Stock Exchange. Interestingly, the IPO is set to create massive…
The book is a collection of all IIFA resolutions on leasing, with the resolutions arranged, classified, and explained along with the evidence backing them The Islamic Development Bank Institute (IsDBI) has released a new book on the Islamic jurisprudential resolutions related to the leasing contracts, as part of a series of contemporary financial fatāwa in light…
Meta is using the modelling techniques and learnings from the project to improve and extend translations on Facebook, Instagram, and Wikipedia Yesterday, Meta (www.Facebook.com) announced that it has built and open-sourced ‘No Language Left Behind’ NLLB-200 (https://bit.ly/3yJo7KS), a single AI model that is the first to translate across 200 different languages, including 55 African languages…
The Adam Molai Foundation, a private non-profit organization with a pan-African focus that seeks to improve community livelihoods, is launching a sewing project in Marondera. The aim of the project is to foster self-sufficient entrepreneurial income-generating projects that will benefit the underprivileged and vulnerable people that are part of their feeding scheme. Through this initiative,…
By Baboloki Semele The 2022 High-Level Political Forum on Sustainable Development (HLPF) officially opened this week with a call to action from Collen Kelapile, President of ECOSOC and Permanent Representative OF Botswana to the United Nations, to overcome the challenges facing the global community, outlining many reasons for optimism regarding sustainable development. A press statement…
By Baboloki Semele The Government of Japan announced that TICAD8 will be hosted by the Republic of Tunisia from 27 to 28 August in Tunis. TICAD will take place in Africa for the second time after Kenya hosted one in 2016. In light of the outcomes of TICAD7 held in Yokohama in August 2019, Japan…
The High-level Child Budgeting Dialogue by stakeholders held in Harare today has brought to the fore the importance of Child Protection Financing in Zimbabwe. This dialogue led to the exchange of knowledge and generated recommendations that contribute towards shaping and improving national and subnational policy interventions and investment in the Child Protection sector including the…
By Elvis Dumba Raffingora – Women in Raffingora contend that they have become financially independent through the internal savings groups commonly referred to as “mukando”. A group of 125 women regularly contribute money to the group’s financial pool weekly which they used to purchase groceries and household utensils shared amongst members. “The programme has helped…
Winters are unforgiving when it comes to the cold. The less privileged and homeless are mostly affected as they don’t have access to shelter or warm clothing and often depend on handouts to survive the cold. Since 2020 TM Pick n Pay has donated over 5000 blankets to 50 charities in need. The TM…
By Elvis Dumba Harare – Various established and upcoming entrepreneurs have received business management skills and opportunities for markets from the Affirmative Action Group (AAG). One of the recipients of the management skills training, Nyasha Mhonda, who undertook an intensive goat rearing business management training, hailed the initiative. “I am thankful for a great initiative…
By Mike Robuck US President Joe Biden named late Apple co-founder Steve Jobs as a recipient of the Presidential Medal of Freedom, the nation’s highest bestowal for civilians which recognises their contributions to the nation, world peace and more. Jobs is one of 17 people set to be awarded the medal on 7 July, almost…
By Charles Dhewa Besides consuming a lot of money and other resources, many water bodies like dams are under-utilized across Africa. Several dams that were built to support food production have ended up being used for recreational purposes and touristic ventures which do not benefit the majority. Before building a dam, it is critical for…
The exhortation from Africa’s premier development finance institution’s chief was matched by the Irish authorities’ publicly expressed enthusiasm about Ireland-Africa cooperation Since joining the African Development Bank Group (www.AfDB.org) as its 81st shareholder in 2020, Ireland has shown steadily increasing interest in strengthening its economic ties with Africa. That mission received a strong boost last week…
By Paul Sinclair, Vice President of Energy & Director of Government Relations, Africa Oil Week (www.Africa-OilWeek.com) and Green Energy Summit Africa. The continent is making policy and legislative progress towards a new dispensation where firms from the region can exploit and develop its own resources for the benefit of its people. Key to this is ongoing…
The 2022 Econet Victoria Falls Marathon lived to its billing on Sunday, attracting over 4 500 local and foreign athletes as the event made a strong return to the racing calendar after a three-year absence due to the COVID-19 pandemic. The popular marathon, this year attended by athletes from over 30 countries, saw Moses Tarakinyu,…
By Kevin Samaita South Africa-based businessman and Agilitee chief executive Dr. Mandla Lamba is angling to transform the global electric vehicles industry after announcing a US$20 billion Initial Public Offering (IPO) on the Johannesburg Stock Exchange. The US $20 billion IPO will see the company selling US$ 2 billion (10 percent) of the stake. In…
Hon Temba Mliswa, the independent legislator for Norton has called on the government and critical stakeholders to put the youth at the centre of sustainable development programmes. He was contributing to the motion moved by Hon Mathias Tongofa on 21 June 2022 who had encouraged youth to be well acquainted with youth-centred policies, especially the…
The growing customers of leading state-owned mobile telephony company NetOne have hailed the telecommunication giant for its recent system upgrade that has led to an enhanced user experience. Roseline Chisveto, the NetOne Head of Marketing and Public Relations attributed the success to a number of deliberate measures taken by the mobile telephony company that gives…
Collective bargaining can advance equality and foster inclusion says a new ILO report, the first of a series of flagship reports on Social Dialogue. The higher the coverage of employees by collective agreements, the lower the wage differences are, says the report entitled Social Dialogue Report 2022: Collective bargaining for an inclusive, sustainable and resilient recovery ,…
