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By Joyce Mukucha Transparency International Zimbabwe (TIZ) with support from Sweden has launched the Corruption Perception Index Results reports on Gendered Corruption Barometer and the Corruption Impact Analysis on Tax Administration and Revenue Mobilization. The presentation of reports and findings was aimed at curbing sexual extortion (sextortion) as well as sexual harassment, which are on…
By Anyway Yotamu The Minister of Industry and Commerce, Dr Sekai Nzenza has issued a stern warning to retailers against hoarding of the maize meal with regards the Roller Meal subsidy programme. The statement comes as retail shops are reportedly running out of maize meal due to panic buying by shoppers and hoarding by some…
The City of Harare and Clean City Private Limited today signed a Memorandum of Agreement (MOU) that will allow the two parties to collaborate in service delivery to the city. Areas of collaboration under the MOU include refuse collection, dumpsites clearance, repair and maintenance of City of Harare refuse trucks along with construction and…
For the first time, the world’s elites meeting this year at Davos have listed environmental issues as their top concerns about the next decade. The WEF’s annual Global Risks Report raises the alarm on increased extreme weather events, manmade environmental damage – including oil spills and contamination, major biodiversity loss, ecosystem collapse and failure of…
Platinum producer, Anglo American Platinum’s production for the last quarter of 2019 rose by 18 percent to 531 700 ounces. Anglo American Platinum said metal in concentrate platinum and palladium production both increased by 10 percent, to 531,700 ounces and 360,400 ounces, respectively. Own-mined platinum production increased by 18 percent to 361,900 ounces and palladium…
By Joyce Mukucha and Byron Mutingwende Zimbabwe and Rwanda are working tirelessly on strengthening their business ties within the context of the African Continental Free Trade Area (AfCFTA) and the Joint Permanent Commission of Co-operation. The bilateral relations will see the two countries co-operating in various areas that include ease of doing business, investment, mining,…
The Reserve Bank of Zimbabwe has said it has disbursed ZW$1.1 billion into the market. Zimbabweans are however still struggling to access cash from banks as most banks are doling out just ZW$300 (at most) per individual each month. People have resorted to buy cash on the streets due to the cash shortages. Giving an…
With the increased significance of the American market to Zimbabwe tourism arrivals, the Zimbabwe Tourism Authority (ZTA) is set to make a debut at the New York Times Travel Show scheduled for 24 – 26 January 2020 at the Jacob K. Javits Convention Center in New York, United States of America. Zimbabwe’s presence at this…
The Project Management Institute’s Zimbabwe Chapter will host its first event of the year in collaboration with international software giant, Oracle. Themed “The Role of Project Management in Digital Transformation”, the conference will encourage discussion around the tools and techniques which may be adopted by project managers working towards rebuilding a sustainable environment. Project management,…
SDG500 is a ground breaking USD$500 million investment platform to accelerate progress towards the SDGs SDG500 is a pioneering multimillion-dollar investment platform dedicated to helping achieve the SDGs. The investment platform will use debt and equity to bridge the financing gap between seed and growth stage for hundreds of businesses in emerging and frontier markets. The…
Fremiro Investments Private Limited, a Zimbabwean firm, which acquired a 15 percent stake in the Blanket Mine under the previous government’s indigenisation programme, has sold its stake to majority shareholder Caledonia Mining Corporation. The original MOU between the two partirs was signed in November 2018 with the price US$16.7 million. As a result of the…
Liquid Telecom is to launch the first 5G wholesale roaming service in South Africa. Available from early 2020 in all major South African cities, this latest fifth generation of mobile internet connectivity will enable wholesale operators to create innovative, ultra-fast and scalable digital services for their customers. The 5G wholesale network will also help accelerate…
By Joyce Mukucha The poverty situation in Zimbabwe has increased between the years 2017 and 2019 with urban poverty rising faster as compared to rural poverty while assistance coverage of the extreme poor has gone up, mostly humanitarian assistance. This came to fore during the Zimbabwe National Statistics Agency (ZIMSTAT) workshop on the dissemination of…
By Rebecca Smith Growing weed at home is an excellent way of keeping your supply steady. Growing marijuana also heightens your love and attachment to the plant because you get to experience and observe each growth phase of cannabis. Marijuana use continues to increase day in and day out due to its numerous medicinal and…
The Supreme Court has ruled that all debts incurred prior to the removal of the 1:1 peg on the US dollar and the RTGS dollar shall now be settled in the local currency on a one to one basis. On 20 February 2019, the Zimbabwe Government announced the removal of the 1:1 peg, allowing for…
By Anyway Yotamu and Joyce Mukucha Zimbabwe is set to host the 6th Africa Regional Forum on Sustainable Development (AFRSD), which is expected to prepare for the continent’s participation at the 2020 UN High Level Political Forum on Sustainable Development to be held in New York this year July . The forum will be held…
The UK-Africa Investment Summit, the first of its kind hosted by the UK Government, was attended by the foreign secretary, Dominic Raab, the international development secretary, Alok Sharma, and Prince Harry UK companies must leap at the chance to deepen economic ties with Africa, a continent with unmatched investment opportunities, several African leaders said at…
Mining firm Vast Resources says it jas commenced drawing down a US$15 million facility for its projects, among them a diamond project in Chiadzwa. Last year Vast Resources arranged financing which it has prioritised for the Baita Plai Polymetallic Mine in Romania and the Chiadzwa Community Concession in Zimbabwe. “The company is in the process…
By Charles Dhewa While economists have been schooled into projecting agricultural income starting from the size of the land, such an approach is now found wanting in the knowledge economy. There is no doubt that land is important but evaluating natural resources for investment purposes should go beyond hectares of land to the quality of…
Safeguard Security now offers a close protection service to ensure the safety of VIPs or groups living within Zimbabwe or visiting Zimbabwe from other countries who may be anxious about their security. It is believed to be the first security organisation in Zimbabwe to offer internationally qualified close protection personnel for this service. While Zimbabwe…
Tatenda Mqetu Zimbabwe Youth Biodiversity Network (ZYBN) is encouraging youths to appraise the Post 2020 Global Biodiversity Framework which aims to safeguard all life on earth which was developed from Youth Consultation meetings across the universe. ZYBN National Chapter Coordinator Prisca Daka stimulated members which include outreach officers, forum hosts, speakers, journalists, videographers, photographers, ambassadors…
The Creative Africa Exchange Weekend (CAX WKND), Africa’s first continental event dedicated to promoting exchange within the creative and cultural industry, kicked off in Kigali today with Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank) announcing a $500-million envelope to support the production and trade of African cultural and creative products over the…
Zimbabwe’s smallest mobile telecommunications company, Telecel Zimbabwe says it is in the business for the long run. This comes as reports have been circulating that the telecoms firm was facing closure. “Telecel Zimbabwe (Pvt) Ltd would like to assure all its stakeholders and customers, that while the Company is facing some challenges, the Company is…
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Following a spate of violent attacks by machete wielding gangs targeting gold producing areas, stakeholders have called on authorities to stop this menace in order to restore peace and tranquility. This emerged at the multi-stakeholder conference organised by the Zimbabwe Environmental Law Association (ZELA) with support from the European Partnership for Responsible Minerals (EPRM) held…
As the world converges at the Spanish International Tourism Trade Fair, FITUR in Madrid, Spain from 22 – 26 January 2020, Zimbabwe will be among the 10 487 exhibitors from 165 countries. Zimbabwe’s exhibition comes at an opportune time when the world is becoming more conscious about travel and discovery of new destinations. This is…
The Zimbabwe Civil Society Organisations Scaling Up Nutrition Alliance (ZCSOSUNA) is calling on the government of Zimbabwe to make attainable and measurable commitments in preparation for the 2020 Japan Nutrition for Growth Summit. “As the country’s Civil Society Alliance in Scaling Up Nutrition, we applaud the government of Zimbabwe for making a commitment during the…
By Joyce Mukucha and Anyway Yotamu As the Zimbabwean Government is due to present its 6th State Party Periodic Report to the Committee on the Elimination of Discrimination Against Women (CEDAW) next month in Geneva, Switzerland, two CEDAW experts from Nepal and Ghana visited the country to share their knowledge and brief government and civil…
Despite a political rift between the United States and Zimbabwe, the former remains one of the biggest providers of bilateral support to the African country. The U.S. has extended US$3,2 billion to Zimbabwe in bilateral support since 1980, with US$370 million of that coming last year alone. Most of this support has been going towards…
By Byron Mutingwende In a record-breaking feat, David Mascott Country School emerged as the school with the best Grade 7 results for 2019 in Mashonaland West province in its inaugural examination sitting. With such a huge achievement, the Zimbabwe Schools Examinations Council (ZIMSEC) ranked David Mascott Country School that had a 100% pass…
By Nicholas Ncube The People of Matebeleland are crying foul over the absence of Obert Mpofu from the executive arm of government as the effects are now being felt across the region. In a press statement Mthwakazi Republic Party, a regional political outfit fighting for equality and opportunity for the people of Matebeleland stated that:…
Pretoria Portland Cement Limited has successfully completed the repayment of its Bond Program. The repayment was concluded on October 31, 2019. The giant cement producer also said it had terminated its earlier arrangement with ratings firm S&P Global Ratings. “PPC wishes to inform shareholders that it successfully completed the repayment of the Bond Program on…
In a developing that is pointing to weakening inflation in the country, latest official figures show that Zimbabwe’s month-on-month inflation rate for December 2019 stood at 16.55 percent shedding 0.91 percentage points on the November 2019 rate of 17.46 percent. According to the Zimbabwe National Statistical Agency (ZIMSTATS), this development “means that prices as measured…
Speed of deployment expected to become increasingly critical differentiator As the world charges into 2020, organizations increasingly will forego the enterprise-or-cloud debate that dominated C-level conversations in recent years in favor of hybrid architectures that incorporate public and private cloud models and edge assets around a reconfigured core. This evolving approach to managing data and…
Under the terms of the agreement, FIDIC has granted the Bank a non-exclusive licence to refer to the seven major FIDIC contracts The International Federation of Consulting Engineers (FIDIC) (FIDIC.org) has secured a major agreement with the African Development Bank (AfDB.org) that will see the international funding organisation include the use of seven FIDIC standard…
By Anyway Yotamu and Joyce Mukucha President Emmerson Mnangagwa says relations with China are on solid ground and what remains is consolidation and deepening of both political and economic relations. The President was addressing journalists after a closed door meeting with the visiting Chinese foreign Minister Wang Yi at State House on Monday 13 January…
By Assignments Correspondent Kadoma Central Constituency Member of the House of Assembly (MP) Hon. Muchineripi Chinyanganya put broad smiles on the authorities and learning Rimuka Primary School in Kadoma after he purchased a consignment of 13 bags of cement towards the construction of parts of the education institution which is still work in progress. The…
By Blessing Togarepi I wish to thank Zimbabwe Republic Police (ZRP) from Mashonaland Central Province following the arrest of the 16 machete wielding terrorists who were in the habit of unleashing serious violence that is affecting genuine small scale Miners and the ordinary people at large in the area. The accused persons were part of…
By Charles Dhewa African smallholder farmers are not the only ones famous for producing commodities before conducting market research. Corporates are not immune to such a disease. Instead of investing in market research, most African corporate companies prefer monopolising the air waves, bill boards along urban roads and mainstream print media with advertisements. The consequences…
The Merck Foundation sustainability initiative plans to focus on capacity building and raising awareness in order to accelerate sustainable solutions to urban sustainability challenges Merck Foundation Sustainability Initiative dubbed “Sustainability is a Shared Responsibility” is as a critical part of The Merck Foundation Program to address sustainability challenges in the countries of the global south…
By Joyce Mukucha and Anyway Yotamu The newly appointed United Nations (UN) Resident Coordinator to Zimbabwe Ms Mario Rebeiro has paid a courtesy call to the Vice President Kembo Mohadi at his Munhumutapa Offices in Harare to discuss issues concerning food security in Zimbabwe. Speaking to the press on the 10th of January 2020,VP Mohadi…
Medical aid societies need to pursue B2B engagements , where they approach individual health service providers to negotiate agreed prices, Cimas Medical Aid Society chief executive officer Vulindlela Ndlovu told journalists today (Thursday). He said resuscitating the past practice of the medical aid industry and service providers agreeing on common tariffs was unlikely to work….
By Anyway Yotamu Zimbabwe is expecting to reap maximum benefits from the Dubai Expo 2020 as it presents opportunities and experiences that will help to attain the vision of middle class economy by 2030. Zimbabwe will this year join other 191 countries at the United Arab Emirates (UAE) for the Dubai Expo 2020 which gets underway…
Zimbabwe has remained on position 140 out of 190 economies on the 2020 World Bank Ease of Doing Business. The country of improved to 140 in 2019 from 155 in 2018. According to the latest World Bank report, Zimbabwe has improved on starting a business, streamlining approvals for construction permits and a reduction of the business…
The African Export-Import Bank (Afreximbank) has received the certificate of occupancy for a five-hectare plot of land granted to it by the government of Imo State of Nigeria for the development of an internationally accredited quality assurance centre in the state. Afreximbank is supporting the establishment of such internationally accredited African Quality Assurance Centres (AQACs)…
