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The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) (www.PIDG.org) company, has committed to buy up to US$50,000,000 of a bond issue by Liquid Telecommunications, that was launched on Monday 22rd February 2020. The bond (“The New Note Offering”) aims to raise US$600 million which will be used to refinance existing debt and for…
In its statement on commemorating the National Youth Day, the MDC-T Youth Assembly noted with concern, corruption prevailing in Zimbabwe and said it hinders the attainment of Sustainable Development Goals (SDGs) and urged young people to fight against the vice. MDC-T Youth Assembly Chairperson, Yvonne Musarurwa said as leaders of tomorrow, the youth ought to…
Indian High Commissioner to Sri Lanka, Gopal Baglay laid the foundation stone for constructing 50 houses at the Walahanduwa Estate in Sri Lanka’s Galle city under Indian Housing Project. He was accompanied by Estate Housing and Community Infrastructure State Minister Jeevan Thondaman and Plantation Minister Dr. Ramesh Pathirana.In a special video message, High Commissioner Baglay…
The government’s promise to continue engaging cross-border traders will come as a pleasant gesture to informal business operators, particularly women. The recommitment comes at the time researchers have found out that Covid-19 restrictions, especially border closures in the East African region, have had widespread consequences on cross-border traders. In the wake of the Covid-19 outbreak, East African…
The ACT Accelerator partnership welcomes over US$ 4.3 billion of new investments from the USA, Germany, the European Commission, Japan, and Canada to fund the development and equitable rollout of the tests, treatments and vaccines needed to end the acute phase of the COVID-19 pandemic. Today’s commitments bring the amount committed to date to US$ 10.3 billion, leaving a funding…
Huawei Mobile Services (HMS) has announced the expansion of their advertising business into overseas markets including the MEA (Middle East, Africa, and Pakistan) region. HUAWEI Ads is a supply-side and demand-side, real-time advertising marketplace through which media companies transact ad impressions with accountability, using programmatic technology, and includes a monetization tool for app publishers. The beta version of…
On the commemoration of the National Youth Day, the Civic Society and Churches Joint Forum (CSCJF) is urging the youths to take advantage of the land reform and grab the opportunity to venture into the idle opportunities presented in the agricultural sector. “The agricultural sector is the backbone of the Zimbabwean economy. In that regard,…
By Joyce Mukucha In celebrating the National Youth Day (NYD), the Government of Zimbabwe has promised to provide young people with vast opportunities to participate in national socio-economic development. In a statement, the Minister of Youth, Sports, Arts, and Recreation Dr. Kirsty Coventry said Government understands the needs of young people and on this day,…
Chris Donkin Facebook reportedly targeted 2022 for the release of a smartwatch the social media giant already has under development, with the device set to feature various links to its messaging platforms. Technology publication The Information claimed Facebook was already in the process of creating the wearable, which would be another foray into the hugely competitive consumer…
By Joyce Mukucha As the fifth United Nations Environment Assembly (UNEA-5) is just around the corner, the UN Secretary-General António Guterres and UNEP Executive Director Inger Andersen officially launched a new report, ‘Making Peace with Nature’ which is a scientific blueprint to tackle the climate, biodiversity and pollution emergencies. During an online press briefing on…
By Zimbabwe Environmental Law Association (ZELA) Introduction and Background The Minister of Mines and Mining Development has in terms of section 403 of the Mines and Minerals Act [Chapter 21:05] increased mining fees by over 800 percent quoting the fees in United States dollars[1] but payable at the prevailing exchange rate. This is highlighted in the…
The fourth industrial revolution (4IR) offers new opportunities to transform Zimbabwe into a digitally enabled society by the year 2030, Dr. Jenfan Muswere, the Minister of Information Communication Technology (ICT), Postal and Courier Services has said. He made the remarks during a virtual 4IR summit which is running under the theme” towards a developed economy…
The European Union has said it welcomes further opportunities for continued dialogue and engagement with Zimbabwe and reiterates its ambition for a more constructive relationship. The EU recalls the Council Conclusions of 17 February 2020 and notes with concern that Zimbabwe’s multifaceted and prolonged crisis has further deepened. The bloc said the lack of substantial…
By Joyce Mukucha Following the commissioning of the Information and Communication Technologies (ICT’s) Plant that is the brainchild of the Office of the President and Cabinet in Msasa, Harare, Vice President Kembo Mohadi stressed the need to embrace more digital initiatives. He emphasised that digital initiatives play a pivotal role in the easy access to…
Bernard Marr AI can do incredible things, but just because something is possible doesn’t mean it’s right. There’s enormous potential for backlash against the misuse of AI, and policymakers and regulators will no doubt take an increasing interest in AI. This means it’s vital organizations pursue an ethical use of AI. Here are four ways…
The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. Prof. Benedict Oramah, President of Afreximbank and Mike Whitfield, President of AAAM and Managing Director of Nissan Africa, signed the MoU in early February,…
By Adam Molai I have noted with extreme dismay Maverick Citizen’s references to Pacific Cigarette Company and myself in its Cartel Power Dynamics in Zimbabwe “expose”. The allegations are completely untrue and without foundation. We would have made this clear had Maverick Citizen afforded Pacific Cigarette Company or myself the opportunity to respond, as required…
By Grace Goodrich The country seeks to engage local service providers to supply goods and services to gas megaprojects to drive in-country value generation and retention Mozambique defied global investment flows by reporting a rise in deal activity in 2020. Now, the country seeks to engage local service providers to supply goods and services to…
New version available for users in Southern Africa Huawei Mobile Services has launched its latest version of HUAWEI AppGallery, featuring a new and enhanced way to discover content – for users in South Africa. The newest update empowers users to smoothly discover an array of new apps, games, and resources on the platform and delve…
Zimbabweans are working on establishing a movement to defend abused countrymen working and residing in the diaspora. The proposal to set up a movement is informed by the need to protect Zimbabweans against their ill-treatment as foreigners in the diaspora. This came out clear on the Africa 54 hot seat platform where one of the…
By Joyce Mukucha Bemoaning the negative effects posed by the Covid-19 pandemic on women and girls, the United Nations (UN) Women said it was of paramount importance to build back green, equitable, gender-responsive, and inclusive approaches and activism. In her opening remarks at the UN Women Executive Board First Regular Session 2021, yesterday, the Under-Secretary-General…
By Joyce Mukucha Capgemini Group, a global leader in consulting, digital transformation, technology, and engineering services, has partnered with another global player and the leading European cloud provider, OVHcloud in empowering public and private organisations with secure cloud transformation needs. The new alliance builds on the companies’ long-term relationship in France is aimed at bringing…
By Joyce Mukucha The Office of the Provincial Development Coordinator for Harare Metropolitan Province in collaboration with the Zimbabwe Electricity Transmission Distribution Company (ZETDC) has noted with concern the recent unwarranted power outages being caused by overgrown trees and illegal settlements. Following this, residents have been urged to trim trees and remove building structures that…
For those in the business of shipping and grain, 2020 was a rollercoaster ride. Second-quarter lockdowns prompted demand for some grain-based products to spike as consumers stockpiled and splurged on specific goods, including specialty flours. However, overall global economic demand for most commodities fell precipitously, and bulk carrier shipping spot and time charter rates slumped…
By Dr Raymond Chamba It is well. The story of Zimbabwe can never be complete without folks realizing at last that when it comes to this amazing nation now pitifully hobbled with ineptitude, administrative indifference, corruption, sanctions, and general loss of confidence in our greatness….nomatter what we feel, or think – we are sleeping on,…
By Believe Tevera Tobacco contract farming in Zimbabwe does not benefit the ordinary farmer, as it turns farmers into slaves to enrich the Contracting Companies. Farmers are turned into disguised workers for the contracting companies and they are always in debt, leaving them without surplus money to recapitalize and survive. The contracting companies do not…
By Doctors Without Borders (MSF) Following a recent spike in COVID-19-related cases and deaths, Zimbabwe’s already struggling health system is buckling under the pressure. In several facilities, health workers are operating without adequate PPE, medication, equipment and oxygen and, with an existing and ongoing shortage of nurses and doctors, most health centres are unable to operate at…
By Charles Dhewa When policy makers, development agencies, the private sector and ordinary people talk about agricultural markets, they rarely talk about consumer power. There is often too much emphasis on producers, financing, cold chain, transportation, value addition and processing, yet all these are meaningless if efforts are not devoted to understanding the consumer base. Farmers and…
The high quality of cameras on smartphones these days mean that you no longer need a professional camera in order to create a masterpiece video. This was proven at the 2020, 48 Hour Film Project competition, held in Durban, where 50 aspiring filmmakers were tasked with creating a short film over a weekend. The competing…
By Bernard Marr We certainly have a global food challenge that is exacerbated by environmental concerns. But could new technology such as artificial intelligence, machine vision, and 5G networks help us find a solution? Norwegian salmon farming company Cermaq has launched its first-of-its-kind iFarm project. This five-year experiment will run until 2025 with tech partners BioSort and…
By Zimbabwe Coalition on Debt and Development Notable Issues This Week: Policy and Regulatory Issues ARREST OF KAGONYE, A TEST CASE FOR SACU ON LAND BARONS The Newsday reported that the former Minister of Labour and Social Welfare, Petronella Kagonye was arrested by the ZRP working with the Special Anti-Corruption Unit for alleged illegal land…
The COVID-19 pandemic and the subsequent national lockdowns have underlined the importance of reliable data services in keeping people, communities, businesses and the nation at large connected, and in ensuring essential commercial and public services continue unhindered. Authorities have had to impose lockdowns to arrest the spread of the deadly coronavirus, with recorded cumulative cases…
By Joyce Mukucha In spite of the evolving world with some women beginning to experience equality in different circles of life, in other parts of societies around the globe, other women are still deprived of the privilege of equal participation particularly on the African continent and rural Zimbabwe is not being spared. Many of the…
By Joyce Mukucha The United Nations Environment Assembly (UNEA), the highest decision-making body on environmental issues is set to commence its 5th Session, virtually from the 22nd to the 26th of February 2021. This session is preceded by the Open-Ended Committee of Permanent Representatives (OEPCR) to which Zimbabwe is a party to which is kick-starting…
With the world having gone crazy right now, there’s no time like the present to celebrate love even in the smallest of ways. So be different this year, forget about those traditional gifts of flowers, diamonds and chocolates, find other ways to spoil your loved ones, and above all don’t forget to spoil yourself. Although…
The African Development Bank’s (www.AfDB.org) Affirmative Finance Action for Women in Africa (AFAWA) program has agreed a partnership with the African Guarantee Fund (AGF) to unlock $1.3 to 2 billion in loans to women-owned Small and Medium Sized Enterprises (SMEs) in Africa, by working with financial institutions to enhance their ability to lend to women….
By Grace Goodrich In addition to sizable gas reserves found offshore, Mozambique is home to commercially significant deposits of coal, gold, graphite, ilmenite, iron ore, titanium, copper, tantalum and bauxite, to name a few. While COVID-19 may have disrupted mining operations in terms of site closures and reduced export earnings, demand for precious minerals and…
The Zimbabwe Association of Community Radio Stations (ZACRAS) has reiterated the important role played by the radio as a critical conduit for information dissemination on various issues including the COVID-19 pandemic. The statement comes as the World celebrates the 10th edition of World Radio Day today, with the Government of Zimbabwe having recently licensed the…
The United Nations (UN) Women Executive Board is set to convene for this year’s First Regular Session from Monday 15 to Tuesday 16 February 2021, remotely via the Zoom Platform. In a press release yesterday, it has been highlighted that a two-day- meeting will see UN Women presenting a plethora of issues, activities and overviews…
As Government is aiming to acquire 3 000 tractors this year from the John Deere and Belarus schemes to meet the country’s requirement of between 12 000 and 15 000 units to produce more yields, it has considered expanding and enhancing the farming capacity at the University of Zimbabwe. The Minister of Lands, Agriculture, Fisheries,…
Joseph Waring Double-digit growth in Australian iPhone sales in the second half of 2020 fuelled a modest rise in the overall market despite lower Android demand, data from analyst company Telsyte showed. Sales increased 3 per cent year-on-year to 4.55 million units, with iPhones 12 per cent higher at 2.1 million units and Android down…
Students from the Mathare community in Kenya are set to receive a film or photography scholarship from Canon Central and North Africa (CCNA) [www.Canon-CNA.com] as part of a social media campaign raising awareness to the importance of skills development among young people. The project is part of Canon’s Miraisha Programme, an initiative focused on delivering…
By Joyce Mukucha The Zimbabwe Electricity Supply Authority (ZESA) Holdings has advised members of the public and its valued customers that they were making concerted efforts to restore adequate power supply to the national grid. This follows a limited power supply on the national grid due to the fire that broke out at one of…
Combined Harare Residents Association The Combined Harare Residents Association condemns the intention by Harare City Council to demolish tuck-shops at a time when the Zimbabwean economy is in dire straits and heavily informalized due to lack of employment. The proposed demolitions are a clear war against livelihoods and aiming at further impoverishing the already suffering…
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