Despite the COVID-19 pandemic, Africa still a prime investment destination

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…

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Afreximbank, ITFC Partner ARSO to Facilitate Intra-African Trade in Pharmaceuticals and Medical Devices

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…

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World bank sets ambitious targets for green and resilient economic growth in Africa

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…

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Strong land governance can help rebuild Africa, fighting the effects of COVID-19

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…

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Senator Oliver Chidawu moves in to restore sanity at Glenview 8 Industrial Complex

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,…

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Environmentalists pissed off by Jah Prayzah’s association with Pokugara Estates

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…

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African private sector demands fairer and more transparent global trading system

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….

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COVID-19: Will the G20 please step up?

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…

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Sasai launches talent promotion show across Africa

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…

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Zimnat launches WhatsApp based Motor Insurance, ZBC radio and ZINARA Licence Renewal

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…

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Lockdown relaxation: An opportunity for tourism stakeholders to come together

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…

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Mazowe Rural District Council embroiled in corruption scandal

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…

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PESLawyers petition Parliament for wildlife trade transparency

Rural development takes centre stage on the commemoration of tourism month

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…

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TelOne’s TelTrack helps in fleet management

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…

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AfDB approves $27.33 million to ramp up the AU’s COVID-19 Response Initiative

The African Development Bank’s Board of Directors (www.AfDB.org) on Wednesday approved $27.33 million in grants to boost the African Union’s (AU) efforts to mobilize a continental response to curb the COVID-19 pandemic. The approval follows a meeting of the extended Bureau of the Conference of Heads of State and Government with Africa’s private sector on…

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Tourism players feel the pinch of COVID-19-induced economic hardships as the sector reopens

By Anyway Yotamu With the government announcing the reopening of the tourism sector across the country after five months of closure following the health and safety guidelines approved by the Cabinet, players in the industry are feeling the pinch of economic hardships. Mangaliso Ndlovu, the Minister of Tourism said the government will focus strongly on…

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ARC Group positions itself as a leader in disaster risk management in Africa

The African Risk Capacity (ARC) Group, a pan-African disaster risk management institution, organized a conference in Dakar yesterday during which the new Group Director-General, and United Nations Assistant Secretary-General (UN-ASG), Mr. Ibrahima Cheikh Diong, and the CEO of ARC Limited, Mr. Lesley Ndlovu presented the institution, its strategy, its areas of activity and its impact…

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Masiyiwa invited to speak at Bloomberg New Economy Forum

HARARE – Zimbabwe-born billionaire Strive Masiyiwa is set to participate in the Bloomberg New Economy Forum slated for November 16-19 this year. The Econet Group founder and executive chairman is scheduled to speak before the annual platform that brings together a galaxy of public and private sector leaders. Around 500 of the world’s most influential…

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Government bans mining activities in national parks

The government has announced that mining on areas held by National Parks is banned with immediate effect as steps are being undertaken to immediately cancel all mining title held in National Parks. This comes as a relief amidst reports that two mining companies namely Zhongxin Coal Mining Group and Afrochine Smelting allegedly received permission from the…

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Leadership and management under the spotlight

By Lovemore Chazingwa (Business Correspondent) The art and science of establishing oneself and practicing as a leader will take a new impetus with the coming on board of a broad-based nexus aptly called Leadership Conversation. This leadership meeting point is a collaborative effort by the Transformational Mindset Institute (TMI) and the Africa Leadership and Management Academy…

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AfDB partners with AGRA to sponsor the African Green Revolution Forum (AGRF)

AGRF online will convene the most senior decision-makers of governments in the same digital space as grassroots players along the agricultural value chain The African Development Bank (https://www.AfDB.org/en) returns as a top-tier partner of the African Green Revolution Forum (AGRF) – Africa’s largest agriculture conference – to be held online for the first time from…

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Astro Mobile partners American company to bring a new device into African markets

By Anyway Yotamu One of the country’s cellular phone companies, Astro Mobile Africa has partnered  American based technology giant, Logic Mobility as they enter Sub Saharan and African markets with a new device which is expected to be launched in a few weeks’ time, this publication exclusively reports. In an exclusive interview with Spiked Online Media,…

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BAZ Shortlists 14 Applicants for 6 TV Broadcasting Licences

By Veritas No-one other than the State broadcaster, the Zimbabwe Broadcasting Corporation [ZBC], is allowed to provide a broadcasting service in Zimbabwe without a licence granted by the Broadcasting Authority of Zimbabwe [BAZ].  That is the effect of section 7(1) of the Broadcasting Services Act [hereinafter called “the Act”]. Section 61 of the Constitution [Freedom of…

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Harare City Council top officials accused of underhand dealings

By Sowell Chikwari HARARE City Council housing department senior officials have been accused of engaging in underhand dealings facilitating land grabs through corrupt syndicates. This comes as municipal police officers heavily descended on Green View Housing Cooperative members in Westlea indiscriminately beating up people before demolishing their housing structures without warning or producing a court…

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Telecom operators review tariffs, battle to keep up with rising costs

Zimbabwe’s telecommunication companies have reviewed voice, data, and SMS tariffs to keep up with rising production costs. The latest adjustment, which was approved by the industry’s regulator, comes after prices of various basic commodities and services such as fuel, electricity, and equipment increased significantly in the last few months.  For instance, the Zimbabwe Energy Regulatory…

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Government reopens the tourism sector after five months of closure

By Anyway Yotamu The government has announced the reopening of the tourism sector across the country after five months of closure following the health and safety guidelines conducted. The decision was approved by Cabinet. Addressing journalists on Thursday 3 September 2020 in Harare, Minister of Environment Tourism and Hospitality Industry, Mangaliso Ndlovu said, “We meet…

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Huawei Seeds for The Future Program entrenching youths’ ICT knowledge

The Huawei Seeds for the Future Program has been hailed as a formidable initiative that boosts solidarity, cooperation, and innovation between Zimbabwe and China through the provision of information communication technology among youths. The initiative is a cog in the Huawei Technologies’ Global Corporate Social Responsibility drive. “Starting out in 2008, the Seeds for the…

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War Veterans Welfare Pressure Group condemns plans to compensate white farmers

By Nevson Mpofu War veterans are set to be on a collision course with the government’s decision to compensate former white farmers. The War Veterans Welfare Pressure Group said it is against the idea of compensating white farmers yet the former liberation war fighters in the third month without receiving their salaries. Speaking in Harare…

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Birdlife Zimbabwe, CTA advocate for environmental management in Chimanimani

By Gideon Madzikatidze The Chimanimani Tourism Association (CTA) and Birdlife Zimbabwe are warning people to desist from taking advantage of lockdown regulations to indiscriminately plunder resources in the Chimanimani area of Manicaland. The two organisations cited the Chimanimani mountainous area where rampant illegal alluvial gold mining is allegedly taking place during the locakdown to the…

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Compensating former white farmers a major milestone: Government

Professor Mthuli Ncube, the Minister of Finance and Economic Development has praised the signing of the Global Compensation Deed on 29 July 2020 as a major milestone in the restoration of trust and cooperation between the former farm owners and the Government of Zimbabwe. Below, Spiked Online Media reproduces a joint statement by Professor Ncube…

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3 Ways Companies Are Delighting Customers With AI-Driven Services

By Bernard Marr We know that the range of AI-loaded smart products is constantly expanding. But what’s less obvious is how AI is also transforming the world of services – enabling service-based businesses to improve their offering, and even develop entirely new services and revenue streams that are underpinned by AI. Just as in product-based businesses, AI has become…

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GCR affirms Afreximbank’s A- rating

Credit rating underpinned by Afreximbank’s strong status as one of the largest Multilateral Development Banks within the African region The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, announces that Global Credit Rating (GCR) has affirmed its international scale long-term and short-term issuer ratings of A- and A2, respectively, with a stable outlook. In addition,…

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COVID-19: The Union’s Wave Money platform to support people with MDR-TB

In Union-managed areas of Myanmar, COVID-19 is causing disruption to the provision of care and support to people with tuberculosis (TB) and multidrug-resistant TB (MDR-TB). Despite the pandemic, The Union is continuing to provide DOT (Directly Observed Treatment) and home visits to people with MDR-TB. Home visits are also an important means by which Union…

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ZIMCODD promotes social and economic justice system from a youth perspective

By Zimbabwe Coalition on Debt and Development The Zimbabwe Coalition on Debt and Development (ZIMCODD) is hosting its annual Social and Economic Justice Activist Academies (SEJAAs) from the 24th to the 31st of August 2020. The National Social Economic Justice Activism Academy is being currently conducted in Nyanga with 25 participants drawn from all provinces….

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ZNOART urges law enforcement agencies to take corruption cases seriously

By Joyce Mukucha and Anyway Yotamu The Zimbabwe National Organisation of Associations and Residents Trusts (ZNOART), a resident pressure group said it is deeply concerned over the matters of corruption which is allegedly being spearheaded by mostly council and government officials across the country that have been exposed which is now in the public limelight…

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First Lady commissions medical equipment and refurbished ward to Sally Mugabe Central Hospital

First Lady Auxilia Mnangagwa today officially handed over medical equipment and commissioned a refurbished ward at the Sally Mugabe Central Hospital in Harare. The initiative came into being as a result of the contribution to the COVID-19 Mitigation Efforts through a partnership between two Telecoms giants – NetOne and TelOne. The collaboration saw the two…

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