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By World Health Organization The World Health Organization (WHO) has been made aware of correspondences being circulated by scammers (acting under the name of Capital Finance, Inc. London), falsely notifying recipients of such correspondences that they have been selected as a beneficiary/winner of a US$1 million lottery compensation prize payment for losses and damages…
In South Africa, women’s rights organisations are calling on President Cyril Ramaphosa to provide sex disaggregated data on vaccine rollout in a campaign launched on Women’s Day. A petition signed by 43 Women’s Voice and Leadership partners calls on the president to “provide sex disaggregated data on vaccine roll out and all COVID-19 statistics in line with the national gender policy,…
The United Nations in Zimbabwe and the Freedom of Rights Under Sovereign (FORUS) party have noted with deep concern and condemned strongly the surrounding circumstances leading to the untimely death of 14-year-old Memory Machaya from Marange, who died while giving birth at an apostolic sect shrine. On its part, the UN said it was disturbing…
Old Mutual Zimbabwe has embarked on the Tiritose/Sisonke campaign in a bid to address the ravaging COVID-19 pandemic that has led to the loss of lives and decimation of many businesses. The leading financial services provider Old Mutual has donated an assortment of Personal Protective Equipment (PPE) to be used by frontline health workers in…
By Transparency International This week marks one year since the tragic explosion at the Beirut port, which killed 217, injured 7,000, and left more than 300,000 people houseless. It soon became clear that Lebanese authorities had been aware of the danger posed by the explosive chemicals stockpiled in the harbour. The public could not help…
The agricultural impact of climate change would be a little more straightforward if it occurred in a world where crops were free of their microbes. Research published today has found that in this hypothetical landscape, rising global temperatures will boost global agricultural productivity, partly by opening up new arable lands near the poles that were…
Twelve companies received awards at the annual Top Company Survey awards, held virtually last week. The prestigious awards, powered by Old Mutual Zimbabwe, defied all odds following the onset of the Covid-19 pandemic. The awards ran under the theme “From surviving to thriving: reimagining business after the pandemic”, as Zimbabwe’s companies are shifting to reach…
The Securities and Exchange Commission of Zimbabwe Head of Investor Education, Farai Mpofu has urged Zimbabweans to invest in financial literacy as the first step towards fiscal freedom. She was speaking during the first episode of the Bang for Buck series which aired on Thursday. The television series is sponsored by Old Mutual Zimbabwe and…
BancEasy Zimbabwe, the microfinance subsidiary of BancABC has today unveiled its new digital civil servant loans product. The launch of the new digital offering is another giant step in the bank’s aggressive digital transformation agenda which commenced last year. BancEasy is a registered microfinance that was incorporated in 2012 and is part of the ABC…
By the World Bank STORY HIGHLIGHTS A new report by the World Bank and the Government of Zimbabwe shows that more public spending in agriculture has not translated into more productivity The report warns that without Climate-Smart Agriculture Investments, Zimbabwe’s staple food crop, maize, is expected to see a 33% yield reduction by 2030 Strengthening…
Zvimba Rural District Council in Mashonaland West has received more than a million Zimbabwean dollars under the Emergency Road Rehabilitation Program 2,(ERRP2) which they are using to rehabilitate about 297,7 km road network in rural and urban areas of the district. ZRDC Chief Executive Officer Aenas Chidakwa said they have already started the road rehabilitation…
By Chris Donkin Huawei reportedly played down a lack of 5G support caused by US restrictions in its latest high-end handsets, as the vendor launched its Harmony OS-powered P50 series handsets for the Chinese market. Although its previous P-series devices were 5G compatible, the P50 uses a Snapdragon 888 4G chipset. Some versions of the P50 Pro…
Zimbabwe is set to get more than five million Covid-19 vaccinations in the coming few weeks after the African Union (AU), African Vaccine Acquisition Trust (AVAT), and Unicef secured 400 million doses of the Johnson & Johnson vaccine. The country last month approved the emergency use of Johnson & Johnson’s Covid-19 vaccine in addition to…
Zimbabwe’s largest bank by depositors, Steward Bank, has joined forces with Kunashe Foundation to end period poverty in the country by supplying reusable sanitary wear to underprivileged girls. A recent study by SNV Zimbabwe revealed that 72% of menstruating schoolgirls do not use sanitary pads because they cannot afford them resulting in the unhygienic use…
By Marlvin Ngiza Many schools across the country are set to benefit from the national e-learning strategy initiative that will provide free internet access for nine months. Speaking at a post-cabinet media briefing in Harare yesterday, Information, Publicity and Broadcasting Services Minister Senator Monica Mutsvangwa said 400 schools that already have internet connectivity will be…
Equity Axis, a financial research and media house, has launched a television series to equip Zimbabweans with the basics of growing their wealth. The programme, which is sponsored by Old Mutual, will explore key themes on how to invest money, how to preserve income, and how to navigate financial systems and institutions to unlock financial…
By Bernard Marr Toyota, the world’s largest automaker, is building the world’s first “smart city” in Japan. Woven City, located near the base of Mt. Fuji, will be a 175-acre, fully autonomous community designed to test new technologies like automated driving, robotics, and artificial intelligence (AI) in a real-world environment. The prototype “city of the future” will…
By Daniella Silva In Kisangani — Democratic Republic of Congo’s third-largest city — COVID-19 has had an impact on the charcoal industry that its more than 1.8 million inhabitants rely on to meet their daily energy needs, putting forests at greater risk. The additional challenges affecting the supply and transport of essential charcoal during the…
Youths have expressed mixed feelings regarding empowerment initiatives such as the Empower Bank fund. ZANU (PF) national youth leader Tendai Chirau said he was impressed by the ability of the Empower Bank loan facility for backing up youths’ businesses and boosting entrepreneurship among youths in Zimbabwe. Chirau said Zimbabwe was the first country in Africa…
By Bernard Marr You already know that artificial intelligence is now the foundation of many of Google’s most popular (and useful) products and services. But did you know that many of the most promising breakthroughs from Google’s parent company, Alphabet Inc., are also powered by AI? Let’s take a look at how Alphabet is expanding…
By Bernard Marr Extended reality (XR for short) – which encompasses virtual reality, augmented reality and mixed reality – uses technology to create more immersive digital experiences. In my latest book, Extended Reality In Practice, I look at a variety of sectors where XR is being used, and one of my favorite sectors is in the world…
The Manyara Irene Muyenziwa (MIM) Foundation is positively impacting communities through the provision of empowerment initiatives and giving hope for a brighter future for all, including the youths. Inspired by God’s love for humanity, the Manyara Irene Muyenziwa Foundation was founded in 2021 with the aim of giving people of Zimbabwe hope through solutions to…
By Transparency International We recently learned that a dozen governments have availed themselves of highly sophisticated technology to spy on people they don’t like. Last week, we gave a nod to investigative journalists – who were often the targets – and highlighted their crucial role in our cause, as well as the breakthroughs their work enables. This week,…
By Mazvita Makuyana Mr. Clever Masviki, popularly known as Mambo Chipuriro said he welcomes development in his area including the controversial Mavhuradonha area, without any discrimination as long it benefits the locals. The Mavhuradonha Wilderness is situated in the northeast of Zimbabwe, about 180km from Harare. The name ‘Mavhuradonha’ roughly translates from the Shona language…
By Bernard Marr Retail is at a turning point where we are seeing businesses that are in-line with the pace of technological progress thriving, while those that are struggling to keep up are dropping by the wayside. The global pandemic we are currently living through has only served to accelerate this process. Just as in…
By Chris Donkin Apple reported increased profit and revenue across its business in its latest quarterly report, as CEO Tim Cook (pictured) pointed to high growth in emerging markets and strong customer response to its first 5G devices. In the company’s fiscal Q3 (covering the three months to 26 June 2021), the company booked a net…
By Tinashe Eric Muzamhindo Our nation is grappling lack of cohesion. We are buffeted by inconsistencies and incapacitation to achieve national goals. We are a wounded nation, and we require proper leadership remedial for national healing. This is the only country where you find people working only on national television, ZBC TV, and on the…
Competition provides cash grants to innovators, increasing use of technology and creating jobs across Africa’s agricultural sector The African Green Revolution Forum (AGRF) and Heifer International on Monday announced the launch of Pitch AgriHack 2021, a competition focused on accelerating entrepreneurial growth and job creation in the agriculture sector by leveraging advanced technologies and youth participation…
By ZIMCODD Corruption contributes immensely to ballooning public and publicly guaranteed (external and domestic) debt which according to the 2020 public Debt Bulletin is currently estimated at US$10.7 billion as of the end of December 2020, representing 72.6 percent of GDP. There is a correlation between corruption and public debt. The World Bank defines corruption…
Poverty and Social Impacts of COVID-19 were adverse, the virtual dissemination of the Zimbabwe Poverty 2017-2019 and the 2020-2021 third-round Rapid Consumption and Expenditure Survey (PICES) survey topline findings revealed. In his opening remarks at the virtual workshop, Mr. Taguma Mahonde, the Director-General of the Zimbabwe National Statistics Agency (ZIMSTAT) revealed that in 2017, (ZIMSTAT), completed…
By Elvis Dumba Property mogul and Zvimba South Constituency Member of the House of Assembly, Phillip Chiyangwa is spearheading infrastructure development projects in his constituency. Chiyangwa has come to the aid of people in rural Zvimba to have a community hall who were having their meetings under trees. The Hall which was constructed at Masiyarwa…
By Chimeno Azriel Zimbabwe’s Visual artists have been urged to embrace digitization as a way to market their artworks especially during this era of the Covid 19 pandemic. These remarks were made during the National Arts Council of Zimbabwe’s Mashonaland East and Manicaland’s Cultural exchange program held virtually. The Visual Arts Workshop deliberated on the…
By Veritas Are people who have been summoned to give evidence before Parliament or a parliamentary committee entitled to refuse to answer questions put to them? This issue arose when Parliament’s Public Accounts Committee [PAC] was conducting investigations into the Zimbabwe National Roads Administration [ZINARA] pursuant to reports on that body compiled by the Auditor-General. According…
By Philip Mataranyika Around midmorning on a Tuesday in April 1989, I received a call from security personnel manning the entrance to the Old Mutual head office building in the CBD, at the corner of Speke Avenue and Second Street. They wanted me to come down to the foyer located at the main entrance to…
In a joint statement, the United States Secretary of State Antony J. Blinken and Treasury Secretary Janet L. Yellen have commended the United Kingdom’s Anti-Corruption Sanctions move meant to combat graft. “The United States welcomes the United Kingdom’s announcement today to impose further sanctions under its Global Anti-Corruption Sanctions (GACS) regime, which is designed to…
By Karen Whitney Maturure If you are an entrepreneur, unemployed, and hoping to get a job soon or have your own business, or if you are already employed then this article is for you. At a time when organisations are struggling to stay afloat, unemployment rates soaring, there is a need to have an evaluation…
By Yanitsa Boyadzhieva Huawei unveiled plans to launch a new flagship series before the end of the month, with the range focused on enhanced camera capabilities during a time of increased competition in the smartphone market. In its Weibo account, the company’s Consumer Business CEO Richard Yu said its P50 line-up will bring a new…
Econet Wireless Zimbabwe has taken a major step in demonstrating its commitment to sustainable development by becoming a participant in the United Nations Global Compact (UNGC), the world’s largest corporate sustainability initiative. The UNGC brings together businesses from across the globe to implement principles of sustainable development and corporate responsibility. It currently has more than…
…but Central Banks Can Prevent It In 2008, as big banks began failing across Wall Street and the housing and stock markets crashed, the nation saw how crucial financial regulation is for economic stability – and how quickly the consequences can cascade through the economy when regulators are asleep at the wheel. Today, there’s another looming economic risk: climate…
By Veritas In terms of section 72 of the Companies and Other Business Entities Act [which we shall refer to as “the Act” in this bulletin], all companies are required to keep a register of beneficial owners – who, as we shall explain in more detail below, are the individuals who control the companies or who hold…
Cassava Smartech Zimbabwe’s health insurance unit, Maisha Health Fund, has launched an innovative and convenient way to register for medical aid cover through mobile phone. The service, which is available to all Zimbabweans by simply dialling *147# on a mobile phone, is expected to drive adoption through increased access to digital platforms. Announcing the launch,…
By Sowell Chikwari (Business Writer) Renowned power generation firm, Power Giants Zimbabwe recently received another feather in the cap for electrifying Mabvazuva suburb. Now 70 percent complete, the project being spearheaded by Exodus and Company is expected to create housing for more than 6 000 families. Located in Ruwa, near Harare — the gated medium-density…
ARC Limited earns the lowest-risk rating amongst global insurance company peers Top score reflective of organisation’s continued focus on ESG priorities The African Risk Capacity (ARC) Limited has received the global insurance industry’s top overall environmental, social, and governance (ESG) score. The ESG evaluation by Sustainalytics is a comprehensive assessment of a company’s preparedness…
By Charles Dhewa Knowledge Transfer Africa (KTA) has been providing attachment or internship to university students since 2014 in agricultural mass markets where the organization works. Attachment/internship opportunities have been offered to students studying agricultural economics, pure economics, banking &finance, food science, sociology, geography & environmental science, development studies, ICTs, supply chain management and many…
By Simbarashe Manhango Zimbabwe is on an economic recovery trajectory this year and could strengthen further in 2022 despite the challenges posed by natural disasters and the Global Covid-19 pandemic, a report by the World Bank has revealed. The report, the Zimbabwe Economic Update (ZEU), published last month (June 2021), anticipates that the country will…
