read all interesting business stories on zimbabwe news spiked. Newsdzezimbabwe business is updated every day and is very reliable.
By Anyway Yotamu Embattled Harare Town Clerk Hosiah Chisango, representing the City of Harare has been jointly arraigned before the Magistrates Court together with Michael John Van Blerk representing Pokugara Properties (PVT) LTD facing fresh criminal charges of perjury. According to the summons, the two are to appear in court on the 28th of September…
One year ago (24 September 2019), there was a commitment to educating and empowering ten million women entrepreneurs over the next ten years through the Women’s Entrepreneurship Accelerator (WEA). The WEA began to lay the groundwork for a systemic transformation to break down the barriers keeping women from achieving financial independence and contributing to a…
Credit ratings agency highlights strong solvency and liquidity, bolstered by ongoing and expected capital increases The African Export-Import Bank (Afreximbank) announces that Fitch Ratings has affirmed the Bank’s long-term Issuer Default Ratings (IDR) at ‘BBB-‘ with a stable outlook. The agency also affirmed the Bank’s Short-Term IDR at ‘F3’ and senior unsecured debt at ‘BBB-‘. Fitch highlighted…
On the 22nd of September 2020, the UNDP Regional Bureau for Africa, released a special edition of an online magazine showcasing how 50 young Africans are resourcefully helping fight the COVID19 Pandemic. The magazine – dubbed Africa Innovates, is timely as the world grapples with a response and recovery to a global pandemic. Africa Innovates…
The Zimbabwe Congress of Trade Unions (ZCTU) has mobilized international support for the workers of Zimbabwe who continue to bear the brunt of a free-falling economy, neoliberal policies, and a battered local currency. In its solidarity message today, the Crisis in Zimbabwe Coalition (CiZC) said it appreciates the support of trade unions from across the…
United Nations Secretary-General, Mr. Antonio Guterres has noted that landlocked developing countries face a myriad of challenges but emphasised that there is a ray of hope for overcoming them through a raft of measures he proposed through his office and UN partners worldwide. Below, Spiked Online Media shares the UN Secretary-General’s remarks at a meeting…
Mike Bloomberg, founder of Bloomberg Philanthropies and Bloomberg LP, three-term Mayor of New York City, has been announced as a keynote speaker at the inaugural Leadership Summit on Tobacco Control, to be held virtually from May 6-7 2021. Bloomberg will be joined at the event by heads of state and national and subnational governments, prominent global…
The African Export-Import Bank (Afreximbank) has announced the appointment of Mr. Constantin von Moltke as Director of Syndications and Agency. Prior to this appointment, Mr. von Moltke had been serving as the Head of Syndicated Loans at Afreximbank, having joined in 2016. He has more than 20 years’ experience in structured finance, including over 15…
By Anyway Yotamu Zimbabwe is a low-income country whose economy and livelihoods depend hugely on natural resources with an ambition to leapfrog it to a middle-income economy by 2030. The backbone sectors namely mining, manufacturing, agriculture, and tourism rely heavily on forest, land, and water resources for inputs to the production of goods and services….
By Hatredge Masawi Everyone is selling something nowadays and one of the interesting things is you see messages and posts flying left, right and centre on social media. Successful businesses know very well that content and the way you put across your information on social media helps in captivating customers to want to know more…
Book Review By Lovemore Chazingwa Author: Kudzanai Vere Title: Becoming A Person of Impact: The Six-Pack Approach Publisher: Transformational Mindset Institute ISBN: 9781779250957 Published: April 2020 Category: Transformative The publication is a piece pregnant with ingredients of a modern mind transcending spaces that were previously reserved for the elite and privileged. The title Becoming A…
By Rebecca Siggers Exploring popular destinations is a dream for all the travel enthusiasts out there. It instills a sense of well-being and boosts your confidence levels. From the tranquility of lush green mountains to turquoise waves’ sounds, you must experience them all. In case you’re a pothead, you might include the weed destinations in…
The Bank is extending the funding under its Africa Disaster Risk Financing (ADRIFI) program to enable the country to take out a drought risk index-based insurance policy The African Development Bank’s (www.AfDB.org) Board on Wednesday approved a grant of $2.1 million to boost the country’s resilience against climate-related shocks and food insecurity. The funds, sourced…
By Sowell Chikwari (Lifestyle Reporter) SCORES of touts, rank marshals, and vulnerable members of the Mufakose community last Friday received food hampers as well as essential Covid-19 personal protective equipment (PPE) to mitigate the effects of the lethal virus, courtesy of regional power utility firm, Power Giants Private Limited. Titled “Power Giants Mahwindi Covid-19 Relief…
Funding, to be sourced from the Special Relief Fund, will complement ongoing activities by the government of Mauritius, development partners, and other actors The Board of Directors of the African Development Bank (www.AfDB.org) on Wednesday approved a $500,000 emergency assistance grant to support internationalrecovery efforts after a significant oil spill earlier this year off the coast…
Zimbabwe Coalition on Debt and Development (ZIMCODD) This week’s instalment is on the clarion call for a people centred post-COVID-19 recovery plan. It is based on the speech by the Southern African People’s Solidarity Secretary General (SG), Janet Zhou that was delivered to the Society Talks: CSOs and outcomes from SADC People and Youth Summits…
By Wellington Zimbowa For a former primary school teacher turned into a beauty and skin wellness specialist, entrepreneur, and development practitioner, ‘nurturing’ is perhaps the core of Providence Moyo’s fate on mother earth! Looking back over the years, Providence doesn’t regret about the comfort of her previous job in Bulawayo to start a company, Divine…
New report exposes how known traders and exporters are circumventing legal channels and pocketing massive profits from smuggled artisanal DRC gold MPACT’s (https://IMPACTTransform.org/en/) newest report reveals how the Democratic Republic of Congo’s (DRC) illicit gold trade continues to thrive despite efforts to clean up the sector. Traders and exporters who are legally registered in the…
The book will contain data, insight, analysis and interviews, and will assess risks, opportunities and what is ahead for the African energy sector The African Energy Chamber will launch the book “African Energy Road to Recovery: How the African energy industry can reshape itself for a post-COVID comeback” in December; The book will contain data,…
Hosted by the African Development Bank at its headquarters in the Ivorian commercial capital, Abidjan, GCA Africa will work with partners across the continent African leaders welcomed the opening of a regional office of the Global Center on Adaptation on Wednesday, voicing hopes it will spur the continent’s efforts to combat climate change. In speeches…
BancABC Zimbabwe, the local banking subsidiary of Pan African group, Atlas Mara has today launched the City Hopper Service, a smart local remittance service which allows customers to send foreign currency between cities throughout Zimbabwe instantly and safely .The service is available at all 18 BancABC branches countrywide and through the BancABC kiosks in Pick…
Dr. Jenfan Muswere, the Minister of Information Communication Technology, Postal and Courier Services has said improved access to ICTs, will not only promote growth and development within the constituencies but will also have spillover benefits on the overall growth and development of Zimbabwe. Dr. Muswere made the statement on the occasion of the Chatumbama Base…
By Anyway Yotamu. The country’s Internet penetration rate fell 2.4% to 56.7% in the second quarter from 59.1% in the first quarter. This is the result of various upward tariff adjustments in the last three months. Internet use fell 4% to 8.3 million from 8.6 million in the previous quarter as more people are failing…
By Anyway Yotamu International tourist arrivals plunged 93% in June when compared to 2019 owing to the severe impact of coronavirus to the tourism sector, the United Nations World Tourism Organisation (UNWTO) has said. The latest data from UNWTO’s World Tourism Barometer shows that international tourist arrivals dropped by 65% in the first half of…
Members of the Pan-African Parliament (PAP) have been urged to advocate for the protection of children whose vulnerability is further increased by the exceptional circumstances caused by the Covid-19 pandemic. School closures, overstretched health care systems, heightened food insecurity and risks of exploitation, are all examples of ways through which children have been affected by the ongoing…
Honourable Mangaliso Ndlovu, the Minister of Environment, Climate, Tourism and Hospitality Industry has urged stakeholders to reflect and take action against the depletion of the stratospheric ozone layer. He made the call today, the 16th of September 2020, on the occasion to mark the 33rd anniversary of the signing of the Montreal Protocol on substances…
In her book, “Born to Fight”, Rutendo Gwatidzo helps readers identify the different types of fights that come in life and shares some of the tools that can be effective in dealing with them. Using a combination of biblical principles, testimonies from her life as well as advice that she has been given by others,…
By Charles Dhewa When your favourite indigenous fruits are in season, take a few samples and keep in the freezer for six months to a year and see what happens. Although touted as part of the solution to food and nutrition security in Africa, cold chain is yet prove its relevance for indigenous fruits and…
The COVID-19 pandemic has undoubtedly eroded the overall improvement in risk-reward scores seen across the African continent in recent years, but this should not deter investors Specialist risk consultancy Control Risks (www.ControlRisks.com) and independent global advisory NKC African Economics, the Africa-focused subsidiary of Oxford Economics, have today launched the fifth edition of the Africa Risk-Reward…
By Heidi Jones Now, many countries are beginning to lift nation-wide lockdowns imposed due to coronavirus. But their economies are in a crippled state. Many people have lost their jobs, and almost everyone is in an altruist mode. We have not had holiday trips, watched a theatre show, or witnessed a sporting event for the…
Participants at a webinar to present the African Development Bank’s (www.AfDB.org) African Economic Outlook Supplement (https://bit.ly/33pjJjy) to Asian audiences on Monday have endorsed the report as critical for post-COVID-19 Africa. The supplement revises the growth projections and outlook for Africa for 2020 and 2021 and highlights the impact of COVID–19 on Africa’s socio-economic landscape. It recommends policy…
By Gibson Maunganidze This week we will look at the concept of running a successful business enterprise and the need for a proper skills mix. We normally think that a successful business is a result of getting one aspect right. This presentation will outline why it is important to have a proper mix of skills…
The African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC), have partnered with the African Organisation for Standardisation (ARSO), to launch a new Arab-Africa Trade Bridges Program (AATB) initiative called the Harmonisation of Standards for Pharmaceutical and Medical Devices in Africa, aimed at promoting the quality and safety of medicines and medical devices imported or…
Today, the World Bank released the Next Generation Africa Climate Business Plan (NG-ACBP), which sets out a blueprint to help Sub-Saharan African economies achieve low carbon and climate-resilient outcomes. The Plan calls for countries to seize the opportunity to scale-up climate resilience to grow their economies and reduce poverty, redouble efforts to increase energy access…
The continued spread of COVID-19 and the scorch of climate change in Africa have caused economies to contract substantially. Lives and livelihoods are put at risk, as COVID-19 and the associated economic challenges continue to spill into an African food crisis. Before COVID-19, half of Africans faced food insecurity (https://mck.co/3mty5rQ) due to climate change and other factors, of…
Senator Oliver Chidawu, the Minister of State for Provincial Affairs for Harare and the Provincial Joint Operations Command today visited the Glenview 8 Industrial Complex as part of his drive to restore sanity at the site accommodating workers in the informal sector in the capital. Among the dignitaries accompanying Minister Chidawu was Commissioner Erasmus Makodza,…
Yesterday, popular musician, Mukudzei Mukombe aka Jah Prayzah posted on his Twitter handle that he had purchased a residential stand at Pokugara Estate in Borrowdale, Harare. “We have made up our mind, my wife and I have decided to purchase this piece of land at Pokugara Residential Estate in Borrowdale. I will continue to show…
A survey commissioned by the Pan-African Private Sector Trade and Investment Committee (PAFRAC) to gauge the private sector view around trade has highlighted the private sector’s desire for considerable reforms to make the global trade rules system fairer and more transparent. Two hundred CEOs were surveyed around issues concerning the WTO and trade in general….
By Transparency International On 11 March 2020, the World Health Organization declared COVID-19 as a pandemic. In many ways, the ongoing pandemic has turned the world upside down. Besides the devastating human toll around the world, we have also been living through an increasingly disturbing reality that is marked with rising authoritarianism, reduced civic space and misuse of relief funds. The ongoing pandemic has also exposed vulnerabilities in public contracting systems around the world and shown how unprepared governments are to buy…
Cassava Fintech International (CFI) has launched a new #African&Talented promotion aimed at identifying and supporting talent across Africa through the Sasai App, with the top winner walking away with a huge cash prize. The Sasai App, which was first launched a year ago by CFI, recently unveiled an innovative hybrid social media platform called Sasai…
Zimnat General Insurance has introduced a WhatsApp based Motor insurance, ZBC radio, and ZINARA licence renewal, a service that its motor insurance customers can use to renew motor insurance and vehicle licenses. Just like “messaging” on WhatsApp, current Zimnat and new customers can now renew their motor vehicle insurance, ZBC radio, and ZINARA licence on…
By Anyway Yotamu COVID-19 has had a devastating impact on Africa’s growing travel and tourism sectors. From the time the first case of COVID-19 was discovered in China in December 2019, the consequences have cut across all the economic sectors globally. One of the worst affected sectors was tourism, which was grounded globally amid fears…
By Tapera Msikavanhu (Mashonaland Central correspondent) The Mazowe Rural District Council chairman has been fingered in a corruption scandal that has allegedly prejudiced of millions of dollars through irregular parceling of land. A dossier prepared by an employee of the rural district council alleges that John Mudzonga the Mazowe Rural District Council chairman has been…
This September Zimbabwe joins the family of nations across the world in celebrating tourism. The World Tourism Day set for 27 September every year was founded by the United Nations World Tourism Organization (UNWTO) with an aim of fostering awareness among the international community, of the importance of tourism and its social, cultural, political and…
TelOne today unveiled the TelTrack vehicle tracking and fleet management system that will help towards the attainment of the Government’s Vision 2030. Dr. Jenfan Muswere, the Minister of Information Communication Technology, Postal and Courier Services, in his keynote address during the launch, said with such product innovations, Zimbabwe’s digital economy awakens and the nation is…
