read all interesting business stories on zimbabwe news spiked. Newsdzezimbabwe business is updated every day and is very reliable.
African Export-Import Bank (Afreximbank) has disbursed US$250 million of the US$1.1 billion that supported the acquisition by Trans Niger Oil and Gas Limited (TNOG) of a 45% stake in OML 17 onshore oilfield. With this US$250-million Reserve Based Lending facility, Afreximbank was the largest lender, underwriting about a quarter of the financing that enabled TNOG to…
By Veritas Last year’s Budget Bill – the Finance (No. 2) Bill – was published in the Gazette on the 14th December and three days later was passed by the National Assembly and the Senate with very little debate. Although our Bill Watch of 15th December alerting the public to the publication of Bill mentioned…
By Joyce Mukucha As the world is trying to recover from the COVID-19 pandemic, the crisis is still hindering progress towards the Sustainable Development Goals (SDGs). Thus the 2021 Climate Action Summit (CAS) has launched a ‘Decade of Action’ aimed at delivering action and inspiring change to help societies build better as well as assist…
By Joyce Mukucha The COVID-19 crisis has imperiled progress and impacted a large number of countries and is turning out to be even worse than the critical economic, strategic, and political clashes happening around the world. The outbreak has and still is impacting all industries, including the Information & Communication Technology (ICT) sector. Despite the…
By Joyce Mukucha The Combined Harare Residents Association (CHRA) is bemoaning the challenges being faced by residents in the wake of the Covid-19 pandemic in high-density suburbs and other localities across the city. In an interview with Spiked Online Media, CHRA Programmes Manager, Reuben Akili said most of the challenges residents were encountering during these…
Top influential business people and leaders will be attending the Paris Appreciation Awards season 2 starting from 26th January Republic day of India and ending on August 15th independence day of India. The Paris Appreciation Awards 2021 and World Media Network (www.WorldMediaNetwork.UK) is about shining a light on the most innovative businesses globally by promoting success, innovation, and ethics in the Indian,…
By Charles Dhewa Since March 2020 when COVID19 first showed up in Africa, mass food markets have continued to play their critical functions although policy support has continued to be directed to processing companies and supermarkets. In 2021, COVID19 did not just confirm the importance of a strong immune system but has also revealed the strengths…
By The Global Fund For Rosemary Wanjiru, a community health volunteer in Nairobi’s Soweto Village, fighting TB in the time of COVID-19 has meant making impossible choices. For instance, she was torn between keeping herself and her family safe at home or going out to see patients, who desperately needed her help. The mother of…
One-third of all African stories in news outlets on the continent are sourced from foreign news services according to a new report from Africa No Filter (www.AfricaNoFilter.org). The ‘How African Media Covers Africa’, highlights the fact that stories about Africa continue to be told through the same persistent and negative stereotypes and frames of poverty, disease, conflict,…
The Islamic Republic of Mauritania has signed the Agreement for the Establishment of the Fund for Export-Development in Africa (FEDA), a development impact-oriented subsidiary of Afreximbank. The agreement was signed on 6th January 2021 by the Minister for Foreign Affairs and International Cooperation, Mr. Ismail Ould Cheikh Ahmed, on behalf of the Islamic Republic of Mauritania….
By Staff writer South Africa based musician – Nhlanhla Sibanda – popularly known as MuDealer, says he will not let the Covid-19 pandemic derail his progress in the music industry as he is set to release his third album titled ‘Bhera’. MuDealer who has been in the music industry since 2010 has been keeping himself…
By Joyce Mukucha The Women’s Coalition of Zimbabwe(WCoZ), a non-partisan national network of women’s rights organisations and activists striving for the rights of women and girls has applauded teachers for showing great commitment and creativity in ensuring that education continues to take place as well as guaranteeing that no learner is left behind during the…
By Devin Banerjee, CFA China only big economy to see growth China’s GDP rose by 2.3% in 2020, according to new official data, making it the only major global economy to expand during the coronavirus pandemic. Recovery was led by growth in demand for exports, with fourth-quarter economic activity expanding 6.5% year-over-year, and the country returned to work after…
By Dr Raymond Chamba From early 2009 to the end of 2010 I put together a national primary health proposition under the banner Community Healthcare Options with funds that i made from BACOSSI. It was a bold proposition to roll out within 24 months 500 community primary health care centers all throughout the country. I…
The positive power of partnerships was celebrated at the second annual Old Mutual Partnership Awards ceremony at a recent event that honoured all those partners who have worked with Old Mutual to positively impact the lives of stakeholders, customers and communities across the continent. The Partnership Awards initiative gives Old Mutual the opportunity to recognise…
African Development Bank (www.AfDB.org) President Akinwumi A. Adesina said on Wednesday that Africa remained fertile ground for investment, but much hinged on the continent’s ability to boost its healthcare sector. Adesina spoke during the Africa Investment Conference, a virtual one-day event organized by the UK Department for International Trade, which brought together UK and African…
By Joyce Mukucha In the wake of the ongoing novel coronavirus global pandemic, the Women in Agriculture Union (WAU) has bemoaned the adverse implications of COVID-19. The pandemic is negatively impacted the agriculture sector, productivity and supply chain with women farmers being worst hit. The WAU chairperson and founder who is also a woman farmer,…
The British Foreign Secretary, Mr Dominic Raab, has visited an East African Data Centre in Nairobi owned by Econet subsidiary Liquid Telecom. The Foreign Secretary announced the visit on his Twitter handle in a message in which he also unveiled British support for developing countries to shift to clean energy and transport: https://twitter.com/dominicraab/status/1351894900543991810?s=21 Mr Raab…
Speculation of the future of LG Electronics’ troubled smartphone division intensified, with The Korea Herald reporting a review was underway to define if it would downsize, sell or withdraw from the market completely. A representative told the newspaper a “cold judgement” on the best choice needed to be made following continued “fierce” market conditions in the smartphone…
By Our Correspondent The Chinese regulators had launched an anti-monopoly investigation into the nation’s biggest tech company, Alibaba and its affiliate fintech Ant Group in the month of November last year. The nation’s increased scrutiny is being seen as a sense of worry by other tech giants of the country, since the Chinese President Xi…
Bernard Marr Even though there were companies such as Google, Salesforce, Zillow, and others that thrived with remote teams before COVID-19, many companies still resisted telecommuting until the pandemic forced the majority of companies to shift to that reality basically overnight. Now that more companies experienced remote workforces first-hand, there are signs that remote working will…
Renewable energy will be a critical driver of Africa’s post-COVID-19 growth recovery and economic prosperity, panelists in a 2021 UK Africa Investment Summit event said Wednesday, as they called for a stronger partnership between the United Kingdom and Africa. The panel, themed UK & Africa: Partnering in Sustainable and Resilient Infrastructure Development, covered a discussion of British innovation…
By Bernard Marr One of the most important lessons we’ve learned from the pandemic is just how important technology is to building robust and thriving businesses. Organizations that have prospered in the last nine months have done so by leveraging cloud computing, high-speed networks, artificial intelligence (AI), and the internet of things (IoT) to push…
The African Development Bank (AfDB) (www.AfDB.org) and the European Investment Bank (EIB) today signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa. The Joint Action Plan enables both institutions to grow a shared pipeline of bankable…
By Joyce Mukucha As the new year unfurls, the Young Feminist Organisation Fund (FRIDA) continues to believe in the collective power of young feminists to lead and transform their own communities urging allies scattered around the globe to invest in the future of young feminists. Being the only fund and run by young feminists to…
Considering that an increasing number of nations are including hydrogen as a key aspect of their transition strategies, with some already having dedicated hydrogen plans, Climate Action, a UN foundation is geared to host a professional virtual Hydrogen Transition Summit designed for the audience to network, connect and explore new opportunities within hydrogen, industry, transport,…
Billionaire businessman and philanthropist Strive Masiyiwa, a father of five daughters, says the historical swearing in of the first female and black US Vice President Kamala Harris is a great inspiration for millions of girls and women across the world. Masiyiwa, the founder and chairman of the pan-African Econet Group, writes: There are people who…
Bertalan Meskó, MD, PhD In 2020 – or the year that drew so many parallels to the dystopian sci-fi show Black Mirror that its creators decided to write a comedy instead – we were all in a race. A race to curb the novel coronavirus’ spread and “flatten the curve”; with dismal results. In 2021, we are yet in another race. A…
The corona pandemic is causing turmoil worldwide and has had a massive impact on economic activity. Internal legal departments are therefore facing new challenges. On the one hand, companies are cutting their budgets for legal services, and on the other hand, the complexity and amount of legal issues is increasing. In-house lawyers have to minimize…
The response to the COVID-19 crisis builds momentum for Africa’s digital transformation to overcome the pandemic and create more productive jobs, according to the 2021 edition of Africa’s Development Dynamics (AfDD) launched yesterday. The COVID‑19 pandemic is the hardest shock to African economies in 25 years. Gross domestic product (GDP) has decreased in 41 countries in 2020,…
Workers for Harare Water Sewerage Department are appealing for the government to intervene in a dispute with their employer regarding the improvement of working conditions and salaries to enable them to offer residents efficient service delivery. On 4 January 2021, the workers downed tools and approached the Harare City Human Resources department to present to…
The World Bank, in its Global Economic Prospect 2021, has said Uganda’s agricultural sector will be among the most resilient sector in 2021. Uganda, the World Bank said, will be among the five countries in sub-Saharan Africa that will experience the least contraction in agriculture. This, according to the World Bank, implies that agriculture will…
African climate-linked migration tends to be dominated by European narratives. In reality, most of these migrants move within their own countries and regions. As climate change impacts intensify, migration will increase. African cities, countries and regions need to be more aware of the phenomenon and incorporate it into all levels of planning. Despite contributing only…
African Development Bank (www.AfDB.org) President Akinwumi A. Adesina and 10 African Heads of State and Government were on Friday honoured for their leadership in the African Continental Free Trade Area (AfCFTA) process. The AfCFTA, the largest free trade area in the world, began trading on 1 January 2021 and is expected to speed up the…
By Staff Reporter The Ministry of Lands, Agriculture, Water and Rural Resettlement intends to withdraw the offer of land made to the late hero and Anti-Corruption Commissioner Shepherd Gwasira in respect of Subdivision 1 measuring 2 757.97HA of CONS of Lot 1 SS Ranch, Rem of SS Ranch and Mete farm in the District of…
By Joyce Mukucha Signs of Hope Trust, an organisation that inspires, empowers, and serves people with disabilities (PWDs) is decrying the negative impacts posed by the COVID-19 pandemic during the lockdown period and is embracing information communication technologies (ICTs) to reach out to this needy group. In an interview, Signs of Hope Trust founder, Samantha…
The African Union Commission, in collaboration with the OECD Development Centre, will release the third edition of their flagship report Africa’s Development Dynamics on Tuesday 19 January the occasion of a joint online event open to the press. 2020 marked a turning point for the global economy and for Africa’s development. The continent hit its first recession…
The Full Circle Comms Board has appointed Patience Chivaviro as General Manager as from 4 January 2021. Full Circle has in its stable TBWA Zimbabwe – a leading advertising and marketing company and an affiliate of TBWA\Worldwide, Magna Carta Reputation Management Consultants-Ketchum’s Exclusive Affiliate in Africa and Bwanji Digital Agency. Sapi Bachi, managing director at TBWA Zimbabwe,…
By Joyce Mukucha In a bid to address the plight of residents in the wake of Covid-19 pandemic, the Zimbabwe National Organisation Association of Residents Trust (ZNOART) has said its outreach programmes will continue to be virtually conducted so as to contain the spread of the virus. The Chairperson for ZNOART, Shalvar Chikomba said his…
Bertalan Meskó, MD, PhD Summing up 2020 I was asked many times about the changes COVID-19 have brought about in healthcare. Well, throughout the past year, here at The Medical Futurist we were continuously posting about the technological advancements in the medical field: telemedicine, at-home lab tests, robotics and even doing sports have changed dramatically. Most of these changes are likely to…
Masutane Modjadji When the first Covid-19 cases were reported in the Southern Africa Development Community (SADC) in March 2020, no one could have prepared for the devastation that the virus would bring. Countries responded swiftly (and rightly so) to the global public health emergency but this has had unintended consequences as a result of the…
By Staff Reporter The capital city will lead efforts aimed at attracting investment in the country, the Minister of State for Harare Metropolitan Province Honourable Oliver Chidau has said. In that regard, Harare City will implement laws which will govern proper procedures for those who want residential stands and those who allocate them. Hon Chidau…
… Part of a global package worth £47 million to provide food, nutrition, water and shelter to help over 1.3 million vulnerable people in 9 countries and regions, including Zimbabwe. New UN data reveals humanitarian crises are worsening around the world, compounded by the COVID-19 pandemic, 235 million people are expected to be in need…
Bertalan Meskó, MD, PhD Finally, we can say that the surreal year of 2020 is behind us as we welcome a new year rich in potential for digital health and (hopefully) full of good news! Even though the year that went by was dominated with news regarding the novel coronavirus, there were also other important developments in…
By Staff Reporter Being an entrepreneur is not a walk in the garden path, but with the right opportunity, hard work, dedication, commitment, optimism, and a supportive community, it can be very rewarding. Zimbabwean women are increasingly charting their own professional course and embracing the idea of being ‘your own boss’ as a way to…
