Economic Governance Watch: Companies to Keep Register of Beneficial Owners

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…

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Maisha Health Fund launches convenient, phone-based medical aid registration via USSD

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,…

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Power Giants Zimbabwe electrifies Mabvazuva suburb in Ruwa

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…

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African Risk Capacity Limited Receives Overall Lowest-Risk ESG Rating in the Insurance Industry

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…

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Remarkable insights from attaching university students in agricultural markets

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…

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World Bank predicts brighter economic recovery prospects for Zimbabwe

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…

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Promoting Africa’s fashion apparel and textile industry: Afreximbank, Portuguese entrepreneurs sign pact

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…

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IATA urges global governments to adopt WHO travel rules

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…

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Villagers blame school curriculum, technology for child marriages, sexual relations

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…

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Germany provides support to vulnerable communities in Zimbabwe

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…

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Blue and Green Economy Drive Sustainable Development: 3rd SADC Youth Forum conveners

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…

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ZELA convenes a Gender and Extractives Symposium

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,…

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ECOWAS launches its Regional Trade Promotion Organization Network

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…

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Standard Chartered Commits USD 200m Facility With Afreximbank for AU COVID-19 Vaccination Acquisition Programme

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…

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DPA powers Total service stations with solar

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…

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Turkish Ambassador hails Zimbabwe for closing its doors to FETO Terrorist Organisation

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…

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Content creators bemoan exorbitant data charges, impeded telecommunication access

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…

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To what extent should African countries be obsessed with foreign currency?

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…

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Invest in SRH and GBV in the context of COVID-19: UNFPA

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….

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Tafadzwa Muguti is offside on CSOs: Abigale Mupambi

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,…

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Children of Masvingo West Development Group positively impacts the community

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….

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African Integration Forum: Accelerating continental integration and economic recovery

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,…

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ICTs improving access to law, transforming the Judiciary

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…

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Econet Wireless wins back-to-back Top Companies Award for 2021

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….

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ICSAZ members urged to contribute to nation’s 2030 Vision

An Enabling CSOs Environment key for Sustainable Development: NANGO

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…

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Why Sustainability Is An Essential Ingredient For Digital Transformation

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),…

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Women, Law and Power: Perspectives from Zimbabwe’s Fast Track Land Reform Programme

Written by Makanatsa Makonese (PhD Published by Weaver Press: 38 Broadlands Road, Emerald Hill, Harare, Zimbabwe (https://weaverpresszimbabwe.com/store) Also available from: 1) African Books Collective: (https://www.africanbookscollective.com/books/women-law-and-power) 2) Amazon: https://www.amazon.co.uk/Women-Law-Power-Perspectives-Zimbabwes/dp/1779223986/ref=sr_1_1?dchild=1&keywords=women%2C+law+and+power&qid=1624450262&s=books&sr=1-1 As reflected in my own life, the land question has been an enduring issue in the history of Zimbabwe. From pre-colonial times to the modern-day post-colonial State…

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Material boost tipped to deliver ultimate connectivity

By Chris Donkin Scientists predicted the use of advanced materials such as Graphene would usher in a new era for connected devices and network technology, offering vast improvements in battery technology and data transmission capabilities. At the NexTech keynote, director-general of the Advanced Material Future Preparedness Taskforce (AMPT) Zina Jarrahi Cinker (pictured), and Professor Frank…

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Tributes pour for the late Reverend Phumzile Mabizela

The life of the late Reverend Phumzile Mabizela was illustrious as evidenced by an outpouring of tributes to the departed civil society activist as well as a religious and spiritual leader. The UNESCO Regional Office for Southern Africa had kind words for the late community leader whom they described as a shining beacon of emancipation….

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Ethiopia granted headquarters of AeTrade Group for East Africa

The African Electronic Trade Group, the A-eTrade Group, which also includes the African e-Commerce Development International, yesterday announced that it has accepted the offer of the Government of Rwanda and the Government of Ethiopia to host the continental headquarters and East African regional headquarters respectively. The African Union and the Ministry of Trade and Industry…

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UNDP collaborates with ITC to raise African business opportunities by engaging AfCFTA

The United Nations Development Programme (UNDP) and the International Trade Centre (ITC) team up to empower African small businesses, women and young entrepreneurs to leverage the African Continental Free Trade Area (AfCFTA) and expand cross-continental business opportunities. This joint UN initiative comes as the continent contends with the economic strain of the COVID-19 pandemic and seeks…

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Turkey and Zimbabwe cement bilateral relations

In an effort to strengthen bilateral relations between Turkey and Zimbabwe spanning politics and the economy, the speakers of Parliament for the two friendly nations are meeting in the Turkish capital Ankara. Turkey and Zimbabwe should deepen their economic relations, the Head of the Turkish Parliament, Mustafa Şentop was quoted by the Daily Sabah on…

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How Tesla Is Using Artificial Intelligence to Create The Autonomous Cars Of The Future

By Bernard Marr When you think about Tesla, you might assume they’re a traditional car manufacturing company. There’s no question that Tesla is a leader in electronic vehicles. But their key to success is that they’re actually a technology company. Their company is built on artificial intelligence technology, and it’s one of the reasons for…

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