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Writes Engineer Jacob Kudzayi Mutisi We are in 2025, and the business landscape is increasingly precarious, marked by a combination of crises that threaten the survival of many enterprises. International sanctions, liquidity shortages, high operational costs, excessive taxation, and diminishing disposable income have created a perfect storm. The collapse of significant players like Lafarge and…
Writes Engineer Jacob Kudzayi Mutisi Harare, the capital of Zimbabwe, once held the promise of becoming a world-class city by 2025, a vibrant hub of culture, commerce, and community. However, this dream seems to have faltered, not merely due to external factors, but largely because the residents themselves have not actively fought for it….
Writes Claudious Matizira. State-owned enterprises (SOEs) play a vital role in many economies, providing essential services and driving economic growth. However, their complex nature and lack of transparency can create an environment conducive to corruption, fraud, and mismanagement. Forensic auditing is a crucial tool in detecting and preventing such malfeasance, ensuring that SOEs operate…
Dr Fakunle John Aremu has released the book “Discover The Business Blueprint for Artificial Intelligence: A Simplified Guide to Proven AI Strategies, Business Models, and Real-world Applications” which is set to transform the way people embrace artificial intelligence for their benefit. The book is perfect for entrepreneurs, professionals, and academics. It demystifies the integration of…
Writes Lydia Thomas The chief executive role is a tough one to fill. From 2020 to 2024, about a quarter of the CEO departures in Africa were involuntary, according to our analysis. The fallout from these dismissals can be staggering: Forced turnover at the top costs shareholders millions of dollars in lost market value…
The London-based New African magazine (www.NewAfricanMagazine.com) on Friday released its highly anticipated annual listing of the 100 Most Influential Africans of 2024. 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 over the past year. One of New African’s readers likened…
The State of Libya has officially acceded to the African Export-Import Bank (Afreximbank) Establishment Agreement (www.Afreximbank.com), becoming the 53rd nation to become a member / participating state and marking an important step towards full continental coverage and advancement of the continental integration agenda through trade and investments. The accession document, signed by His Excellency Dr….
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved funding worth EUR 28 million to build solar power plants in Gassi and Lamadji, Chad. This is part of the Bank’s Desert to Power program to increase energy access across Africa. The funding includes EUR 20 million in direct support, combining…
The Board of Directors of the African Development Fund (https://apo-opa.co/4iITWIP) – the African Development Bank Group’s (www.AfDB.org) concessional financing window – approved a donation of $9.42 million to Madagascar to implement climate resilience through the Preservation of Biodiversity in National Parks Project. The grant, agreed upon on 18 December 2024 in Abidjan, comes from the…
As French oil giant TotalEnergies marks its 100th anniversary, African climate activists have issued a scathing critique of the company’s legacy through a satirical campaign titled TotalEnergies: 100 Years of Pollution. The satirical video TotalEnergies: 100 Years of Pollution exposes the gap between TotalEnergies’ claims of corporate social responsibility and the devastating reality of…
Stakeholders are geared for the African Union (AU) Extraordinary Summit to mark the adoption of a new 10-year Comprehensive Africa Agriculture Development Programme (CAADP) Strategy and Action Plan: 2026-2035, as well as the Kampala CAADP Declaration to be held in Uganda from 9 to 11 January 2025. In her remarks for the African Union…
Writes Lloyd Rabaya The sun is just rising above the horizon at Elizabeth Mpofu’s homestead in Shashe as farmers are running up and down preparing to board the morning coach to Masvingo town. Smiles on their faces as they appear eager to implement what they had learned the past two days during an exchange visit…
Emerging lessons from rebuilding Mbare Retail Market in Harare, Zimbabwe Writes Charles Dhewa Introduction Across Africa, it has become common practice for large-scale infrastructure projects to be decided and implemented by government departments, engineers, and architectural designers without fully involving social scientists. Such projects include road construction, dam construction, residential housing, and…
Writes AGRA For over a decade, AGRA has been at the forefront of promoting innovations in the agriculture space. These innovations have fuelled growth in the agriculture sector in Africa. In under 10 years, the agricultural GDP in Africa has seen significant growth. In 2022, agriculture, forestry, and fishing contributed around 17% of Sub-Saharan…
Writes Felicidade Banze MAPUTO (Mozambique) – Mozambique’s National Institute for Disaster Risk Management and Reduction (INGD) has begun the distribution of more than eighty tons of food products to people affected by hunger in the country’s central province of Sofala where more than 13 000 people are facing acute hunger. INGD’s delegate in Sofala, Aristides…
Writes Zvikomborero Machinga Gender-based violence (GBV) remains one of the most pressing social issues of our time, affecting individuals and communities across all sectors. Defined as harmful acts directed at individuals based on gender, GBV encompasses physical, mental, sexual, and economic harm. Globally, 1 in 3 women experience physical or sexual violence in their…
Small and Medium Enterprises (SMEs) are the lifeblood of Zimbabwe’s economy but lack of access to finance, weak governance structures and operational inefficiencies hinder their full potential according to Chartered Governance and Accountancy Institute in Zimbabwe president Judith Buzuzi. Speaking at a CGAIZ graduation in Harare on Friday, she said this was where the…
The United Nations (UN) has partnered with Prospect Lithium Zimbabwe to witness substantial investment and the inaugural launch of the Goromonzi Community Development Project and the Public Welfare Experience at Vhuta Primary School in Goromonzi. In his closing remarks, Sirak Gebrehiwot, the UN Partnerships, and Development Finance Advisor delivered on behalf of His Excellency…
In a festive move to celebrate the holiday season, OneMoney, a NetOne product, has again unveiled its yearly exciting promotion called “Trolley Dash” that aims to reward customers for their digital transactions. The promotion, running from November 18 to December 27, 2024, offers Zimbabweans the chance to win substantial shopping vouchers while encouraging the adoption…
Writes Edgar Gweshe The Member of Parliament for Epworth North, Zivai Mhetu, has expressed concern over the rampant destruction of wetlands for housing purposes in his constituency. In an interview, Mhetu said land barons were largely behind the invasion of wetlands in the area. If left unchecked, this unfortunate trend will adversely affect the water…
Writes Edgar Gweshe As part of efforts to protect the Cleveland Dam Ramsar Site, stakeholders gathered in Mabvuku, Harare on Tuesday to mull the formation of a site management committee tasked with the management of the internationally recognised wetland. Cleveland Dam is an internationally designated wetland and key biodiversity area under the Ramsar Convention on…
The World Aquaculture Society (WAS) has awarded Blessing Mapfumo, a Zimbabwean based in South Africa, with the Africa Honorary Award 2024, an award which is “conferred upon an identified individual who has made a longstanding and significant contribution within the WAS”. Mr. Mapfumo, a long-serving aquaculture professional, led the establishment of the WAS…
There is a need to unlock Africa’s potential and set it firmly on the path to prosperity, the African Union Development Agency (AUDA-NEPAD) Chief Executive Officer, H.E. Mrs. Nardos Bekele-Thomas has said in her closing remarks at the Africa Investment Forum. “As I stand here today in this room filled with visionaries, trailblazers, and…
Libreville, Gabon 6/12/24 – Experts in the field of sanitary and phytosanitary issues from the continent reiterated in Libreville (Gabon) the need for harmonisation and the adoption of African standards to deal with the integration of good practices at the global level. These positions were taken at an African Union coordination and consultative forum…
Writes Alois Maziofa On a day filled with excitement and celebration, Dr. Tinashe Eric Muzamhindo stood proudly among fellow graduates, marking a significant milestone in his academic journey. With the conferral of his fifth university qualification, he has once again demonstrated his unwavering commitment to lifelong learning. This latest Bachelor of Science in Development Studies…
African Sun Limited, the giant hospitality group has taken a bold new route of transforming itself as it prepares to provide more value for its customers. The business has consistently been an emblem of hospitality since its inception in 1968 as Zimbabwe Sun. With the passing of each year, the business makes it a…
The Zimbabwe Parents of Handicapped Children Association (ZPHCA) recently mobilized caregivers for a belated commemoration of the International Day of Care and Support to celebrate the important work of caregivers and the voluntary spirit and togetherness that defines this group of people. Speaking to Spiked Online Media, during the event held in Waterfalls, Harare,…
The NetOne Board members and senior executive management today signed the corporate and integrity pledge provided by the Zimbabwe Anti-Corruption Commission (ZACC), becoming the second state-owned enterprise to do so after the Zimbabwe National Road Administration (ZINARA). In his keynote address during the signing ceremony today in Harare, Mr. Michael Reza, the ZACC Chairman,…
Libreville, Gabon 4/12/24 – The policy framework of the African Union’s sanitary and phytosanitary systems seeks to strengthen the efficiency of intra-African trade within the framework of the African Continental Free Trade Area (AfCFTA), senior AU programme coordinator Chiluba Mwape said in Libreville, Gabon. Chiluba Mwape, who was speaking at the fifth coordination session…
Agriculture drives economic growth across Africa, but most smallholder farmers still rely on outdated tools, leading to low yields and profits. Digital technologies offer a solution by streamlining processes, improving access to data, and boosting productivity. The Food and Agriculture Organization (FAO) launched the “Fostering Digital Villages through Innovative Advisory and Profitable Market Services…
Libreville, Gabon 03/12/24 – An African Union coordination and consultative forum on sanitary and phytosanitary policy is being held today in Libreville, Gabon, to analyse the development and accelerate actions to safeguard consumer health and facilitate safe trade on the continent. Experts in this area will adopt the action matrix of the issues raised…
The festive season is a time of joy, connection, and gratitude, and NetOne, Zimbabwe’s leading telecommunications provider, is ensuring its subscribers experience all three in abundance. With the launch of the NetOne Recharge and Win Christmas Promotion, the company ushers in a season of rewards and community impact, reaffirming its commitment to enhancing customer experiences…
Writes Charles Dhewa Imagine the Japanese Embassy financing the building of a house at Mpilo Hospital in Bulawayo for victims of Gender-Based Violence but a few kilometres down the road, the Malaleni food market traders continue to sell their commodities in the open space with no shed to protect them from rainfall and the…
Charlene Ruto, the Founder of SMACHs Foundation, which advocates for smart agriculture and climate action, has encouraged the inclusion of youth-led organizations of persons with disabilities in decision-making processes to ensure they are not left behind. Speaking during her maiden visit to the African Union Headquarters in Addis Ababa at the Shape Africa Summit, as…
The Global Coalition for Social Justice is a ground-breaking initiative aimed at intensifying collective efforts to urgently address social justice deficits and to accelerate the implementation of the 2030 Agenda for Sustainable Development, the Sustainable Development Goals, and the Decent Work Agenda. This emerged today during a media brief with the Ministry of Public Service,…
.. Destiny of Afrika Network Targets 20,000 Housing Units for Harare by 2030, Opens Offices in Diaspora Hubs HARARE – In line with the government’s Vision 2030, Destiny of Afrika’s Housing Project has entered its second phase, with 5,000 housing stands set to be developed in Harare and Chitungwiza. The project aims to provide affordable…
Writes Valentine Maponga Harare – November 29, 2024 – Choppies Enterprises Limited, a prominent grocery retailer incorporated in Botswana, has announced that it is in discussions regarding a potential sale of its business operations in Zimbabwe. The company’s board of directors revealed that these negotiations, if successful, could significantly impact the company’s share price. Choppies…
Despite a high-cost environment compared to its peers in the region, Pretoria Portland Cement (PPC) Zimbabwe is taking measures to protect profitability amid rising operational costs. This emerged at a press conference in Harare on 29 November 2024 where the cement giant’s management revealed that it recently released its half-year results. Addressing journalists,…
The Securities and Exchange Commission of Zimbabwe (SecZim) has said it is working to make sure that capital markets play a significant role in the economy. This emerged at the SecZim Media Training Workshop in Harare today where it emerged that a capital market is a market where two main commodities are sold –…
Botswana – Leaders in African securities exchanges have highlighted the need for increased collaboration among African stock exchanges to foster cross-border investment and market integration. At a recent CoSSE Conference held in Botswana, prominent leaders in African finance, including ESCROW Group CEO, Mr. Collen Tapfumaneyi and Stock Exchange of Mauritius CEO, Mr. Sunil Benimandhu, engaged…
The Government of the Republic of Zimbabwe and the European Union have taken steps to reinforce their political and economic partnership during their formal Partnership Dialogue held yesterday in Harare under the auspices of the Samoa Agreement. This meeting focused on key areas of cooperation, including trade, investment, peace and security, climate action, and development,…
Writes Sirak Gebrehiwot 28 November 2024, Victoria Falls – At the Partner and Donor Roundtable Discussion on the 5th session of the Southern African Development Community (SADC) Committee of Ministers for Disaster Risk, Mr. Edward Kallon, UN Resident and Humanitarian Coordinator for Zimbabwe, delivered a compelling message on the urgent needs arising from the El…
Minor Hotels, an international hotel owner, operator, and investor with more than 550 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe, and the Americas, announces the upcoming addition to its portfolio in Africa – Anantara Stanley & Livingstone Victoria Falls Hotel. A debut for both Minor Hotels and Anantara Hotels & Resorts in…
In a demonstration of corporate social responsibility, NetOne, Zimbabwe’s state-owned mobile network operator, distributed over 100 food hampers to elderly residents in the Masala area of Gokwe, supporting the government’s commitment to leaving no one behind in pursuit of Vision 2030. Contacted for comment after the handover ceremony, NetOne Group Chief Executive Officer Engineer Raphael…
African Union Commissioner for the Department of Agriculture, Rural Development, Blue Economy and Sustainable Environment, Ambassador Josefa Correia Sacko reaffirmed in Dakar that the Africa Soil Initiative and the mechanism to finance the action plan provide a clear path to achieving sustainable agricultural productivity and food sovereignty in Africa. The diplomat, who was speaking…
