read all interesting business stories on zimbabwe news spiked. Newsdzezimbabwe business is updated every day and is very reliable.
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…
African Export-Import Bank (Afreximbank) and Portugal’s National Association of Young Entrepreneurs (Associação Nacional de Jovens Empresários – ANJE), have announced a three-year partnership to support and promote Africa’s Fashion Apparel and Textile Manufacturing Industry in Portugal and across Europe. This partnership is part of Afreximbank’s Creative Africa Nexus (CANEX) programme, which aims to facilitate investments in Africa’s creative…
Young people across the world will need to step forward if global agri-food systems are to become more sustainable and the world is to fully recover from COVID-19. That was the message delivered at a July 14 side event of the 2021 UN High-Level Political Forum (HLPF). “The future of food belongs to the young…
The International Air Transport Association (IATA) has called on states to follow new guidance on travel from the World Health Organisation (WHO). The guidance recommends a “risk-based approach” to implementing measures related to Covid-19 and international travel. Specifically, WHO recommended that governments: Do not require proof of Covid-19 vaccination as a mandatory condition for entry…
By Zimbabwe Lawyers for Human Rights GWANDA – Villagers of Polite, Manonkwe, Stanmore, and Mahlokohloko villages in Gwanda North have blamed school curricular that is not holistic and advances in technology for rising cases of sexual relations with and between minors. The villagers argued that information being taught in schools was not proving to be…
The Government of Germany, through the German Federal Foreign Office, has contributed EUR 3 million to the United Nations World Food Programme (WFP) in Zimbabwe to support highly vulnerable communities struggling to meet their basic food needs amidst the COVID-19 pandemic. This is part of a EUR 18 million contribution by Germany to Southern Africa…
By Music In Africa The Music In Africa Foundation (MIAF) on 6 July officially launched the Sound Connects Fund (SCF) with a digital broadcast event from Soda Studio in Johannesburg, South Africa. The event provided viewers with in-depth information about the €4m fund, which will run from 2021 to 2024 and accelerate the development of the…
The third Southern African Development Community (SADC) Youth Forum will focus on the importance of the Blue and Green Economy to drive sustainable development. The Southern Africa Youth Forum (SAYoF-SADC) is a regional development platform for youth in the SADC region, works with SADC Secretariat, SADC-CNGO, SAT among other regional organizations to empower young people…
By Tinashe Eric Muzamhindo We have so many deals, apparently, which the Government of Zimbabwe, has signed with several countries; we have been briefed of MOUs, signed on behalf of the country, that have never been disclosed to the public. One of the key roles of the State is to ensure that the public, or…
From the 14th– 16th July 2021, the Platform on Gender and Extractives convened the annual Gender and Extractives Symposium virtually which ran under the theme, “Women in leadership: advancing an equal future in the extractives sector.” The 5th edition of this multi-stakeholder engagement platform was attended by women in mining, mining associations led by women, mining communities from Bubi,…
A musical feast is served as the country’s first cellular network operator NetOne unveiled a compilation album titled One World. The One world album was recently launched on One TV YouTube channel and online music stores on the 25th of June. The album Included 8 explosive tracks from locally acclaimed bands and talented artists such…
By Takura Zhangazha A young comrade recently sent me a message about my views on the recent rioting in South Africa. Poignantly he asked what I meant in assuming that there are many similarities between South Africa and the rest of the Southern African region? I briefly explained that these similarities in my view are…
The Economic Community of West African States (ECOWAS), with the support of the International Trade Centre (ITC), officially launched the ECOWAS Trade Promotion Organizations (TPO) Network and held its First Annual General Assembly 15th – 16th July 2021 in Abuja, Nigeria. The ECOWAS Trade Promotion Organisation (TPO) Network is a public-sector led entity and will…
By Philip Mataranyika For the 10 years that I worked for Old Mutual as a sales agent and financial advisor, I was one of their most successful advisors, signing up clients, helping them with estate duty liability planning as well as business continuity planning for limited liability companies, while for others it was for business…
African Export-Import Bank (Afreximbank) and Standard Chartered today announced an agreement for Standard Chartered to provide USD 200m of not-for-profit funding towards Afreximbank’s structured framework to help finance the acquisition of COVID-19 vaccines for African nations. The collaboration between Standard Chartered and Afreximbank will help ensure that 55 countries across Africa have access to…
By Yanitsa Boyadzhieva Apple was granted a patent for a periscope camera system which is tipped to be implemented in iPhone models from 2022 in an attempt by the company to address challenges for small modules to create high-resolution photography. The US Patent and Trademark Office (PTO) granted the patent today (13 July), allowing Apple…
Econet Global subsidiary, Distributed Power Africa, has clinched a lucrative deal to install solar panels at 15 Total Zimbabwe service stations across the country. This is part of Total’s initiative to install solar-powered service stations across 57 African countries to create a portfolio of low-carbon businesses that will account for at least 20% of the…
His Excellency, Hakan Kivanc, the Ambassador of Turkey to Zimbabwe has expressed gratitude to the Government of the Republic of Zimbabwe for not giving any space to FETO in Zimbabwe to organize and cultivate their vicious and heinous plans. Ambassador Kivanc was speaking at a media briefing at the Turkish Embassy today to commemorate the…
By General Nat Turner The government of Zimbabwe cannot continue to empower people when it empowered them already. It is now time for the beneficiaries of land reform ( mines and agriculture resources) to be productive and more productive with the resources they were given. The total beneficiaries of the agricultural land are 9 000…
Africa’s first black-owned car manufacturing company, Mureza Auto Co has rolled out its first 100 vehicles into the market with a pre-order facility available for buyers in South Africa and Zimbabwe, starting next week. The car manufacturing firm was recently granted a licence to produce motor vehicles in South Africa, marking a significant step as…
With telecommunications access becoming increasingly poor and data unaffordable for many Zimbabweans, content creators are petitioning mobile network operators and relevant stakeholders to urgently address the matter. On one hand, the Content Creators Network has noted with concern, the recent data price increase by the country`s largest mobile internet service provider, Econet. The network argues…
With the increase there has been in armed robberies, Safeguard Security has urged householders to create safe zones within their homes that they and their family can take refuge in if their home is broken into. Those who live in houses where there is a door or doors closing off the passage to their…
By Charles Dhewa When agro-based African countries embrace a foreign currency mentality, there is a serious danger of marginalizing the majority of economic actors like farmers who do not need foreign currency for their daily needs. It becomes difficult for people to be patriotic about their currency when the reserve bank is always focusing on…
On World Population Day, the United Nations Population Fund (UNFPA) called for continued investment in the provision of Sexual Reproductive Health (SRH) and Gender-Based Violence (GBV) services for women and young people in the context of COVID-19 that has caused serious gaps and challenges in the provision of sexual and reproductive health information and services….
Abigale Mupambi, the National Coordinator of the Civic Society and Churches Joint Forum has said the Provincial Development Coordinator for Harare, Tafadzwa Muguti, is way offside on his attempt to supervise the operations of non-governmental organisations. Mupambi’s statements are in response to reports that the Provincial Development Coordinators for Harare (Tafadzwa Muguti); and Masvingo respectively,…
Masvingo West Constituency is destined for greatness, thanks to the developmental initiatives being spearheaded by members of the Children of Masvingo West Development Group. Recently, the Spiked Online Media Crew was in the constituency where it witnessed a number of developmental projects set to positively impact the community across the broad social and economic spectrum….
Africa’s trade recovery is underway with double exports from Africa in April 2021 compared to April 2020[1]. This dynamism, alongside continued efforts towards the implementation of the African Continental Free Trade Area (AfCFTA), holds considerable potential for unlocking transformative growth on the continent. Intra-African trade can play a pivotal role in fostering more economically beneficial,…
Judiciary services delivery is being positively impacted by technological advancements, The Minister of Information Communication Technology (ICT), Postal and Courier Services has said. Minister Muswere made the remarks during the ICT Training Workshop for the Judiciary Services Commission that was held at the Meikles Hotel in Harare today. “ICTs are helping increase productivity, efficiency, and…
HARARE – Econet Wireless Zimbabwe last night won the 2021 Top Companies Survey Award for an unprecedented second-year running. The telecommunications company, the winner of the same award in 2020, beat a strong field of Zimbabwe Stock Exchange-listed companies to once again scoop the prestigious business award for the best-performing company on the local bourse….
The National Association of non Governmental Organisations (NANGO) has underscored the fact that an enabling civil society organisations (CSOs) environment is key for sustainable development. The statement by NANGO yesterday comes as the umbrella body for NGOs takes note of Memorandums that are being issued by local government structures such as Masvingo, Harare, Manicaland, Matabeleland…
By Bernard Marr A key priority today for any ethical company is reducing its environmental impact and contribution to climate change. In the technology sector many companies have set ambitious targets in order to become carbon neutral, and technology itself can often be a catalyst for this change. Big Data, the internet of things (IoT),…
