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By Anyway Yotamu Cimas Medical Aid Society has launched an information campaign, dubbed Secure With Us, to correct misconceptions about medical aid societies and increase awareness of the services it offers and the steps it has taken to add value to the market. Speaking to journalist in Harare Thursday 9th of January 2020 Managing Director …
By Joyce Mukucha and Anyway Yotamu The Acting Minister of Primary and Secondary Education Professor Amon Murwira has dispelled fears of parents wrestling the economic hardships concerning a possible tuition fee hike in 2020. Addressing the media in Harare on the 9th of January 2019, Professor Amon Murwira confirmed that there will be no tuition…
By Anyway Yotamu and Joyce Mukucha The Mines and Mining Development Parliamentary Portfolio Committee has urged the government to impose stiffer penalties on machetes gangs known as Mashurugwi as part of efforts to deal with the crimes perpetrated by these gold panning criminals. (Mashurugwi) is the term used to refer to outlaws that have become the…
By Shana Lebowitz Gaynor In November 2019, Microsoft released a free guide to effective collaboration at work. The company had spent the last five months partnering with the top design consultancy IDEO, researching the traits and behaviors that make some teams — of engineers, astronauts, or really anyone — more productive than others. And the execs…
Telecommunications giant NetOne has extended its zero-tariff transaction charges on its mobile money platform – OneMoney – to March 2020. The bold move by NetOne rides on the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ)’s abridged third quarter report for 2019, that saw One Money growing by 27% from 335,132 active mobile subscriptions to…
By Monica Munemo Mvurwi Town Secretary Sheri Nyakudya is under fire from resident association who are accusing her of nepotism. According to resident association official Emmanuel Nkambala ,Nyakudya has employed 7 of her relatives at the expense of others. “As Mvurwi residents we are disturbed with our Town Secretary who is employing her relatives at…
By Business Correspondent The year 2019 has seen mobile telecommunications companies jostle for customers and experience challenges relating to service delivery. The strength of any network provider lies in their ability to deliver on their promise timeously to their subscribers. NetOne has exhibited stealth and grown significantly throughout the year, as documented in the Postal…
It is one thing to be blessed with natural resources such as fertile soils and water but quite another to be able to explain and convince investors about opportunities embedded in those resources. Given the intensifying competition for investment and influence, the art of articulating opportunities can no longer be a preserve for government officials…
Owing the government money is never a good idea, given that they tend to have unfriendly ways of retrieving the cash. As soon as the IRS catches up with you, they tend to use every means possible to take what settle their debts. They can garnish wages, sell your belongings, and even freeze your bank…
Engineer Jacob Kudzayi Mutisi As a shareholder with equity in every listed company on the Zimbabwe Stock Exchange (ZSE) with the majority of them battling to survive. The time has come to ask how the Zimbabwean companies and the South African companies survived during the time when sanctions were imposed on them in the 60s…
By Farai Chirimumimba Originally launched by the regime of late President Robert Mugabe, Vision 2020 was a great concept. It sought to make Zimbabwe one of the biggest and ambitious economies in Africa that would be able to consolidate its leadership role in the Southern hemisphere and beyond and establish itself as a significant player…
By Joyce Mukucha and Anyway Yotamu Oil Castor Zimbabwe has promised to eliminate the fuel crisis currently prevailing in the nation through producing and supplying bio motor oil extracted from castor bean plant. The company, through its chemistry and engineering department revealed plans to set up a fully-fledged market in Zimbabwe by releasing 20W40 Bio-motor oil and…
Members of the business community in Chitungwiza’s Tilco industrial area have constructed a police base there for the Zimbabwe Republic Police in an effort to combat increasing crime within the area. The Officer Commanding Police in Harare Province, Commissioner Bernard Dumbura, officially opened the base at a ceremony on December 6 attended by representatives of…
By Anyway Yotamu President Emmerson Mnangagwa has pledged to look into the unjustified increase in school fees saying his government will not allow school authorities to increase school fees as the school term is set to begin on the 14th of January 2020. The President was addressing Kuwadzana residents in Harare on Friday 3 January…
The African Export-Import Bank (Afreximbank) has emerged on top of the Bloomberg 2019 Africa Capital Markets League Tables as the leading Bookrunner in Africa. The 2019 Africa Capital Markets League Tables released today by Bloomberg showed that Afreximbank was the top Bookrunner for Africa Borrower Loans, ahead of Mitsubishi UFJ Financial Group Inc. and Standard…
In an effort to enhance destination awareness and foster market visibility, the Zimbabwe Tourism Authority, will for the first time exhibit at the 27th edition of the South Asia Travel and Tourism Exchange (SATTE) in New Delhi, India from 8-10 January. SATTE is one of the leading Business to Business platforms which bring together global…
The 62-year-old Nigerian businessman and Africa’s most prominent industrialist ended the decade with a net worth of almost $15 billion Aliko Dangote, Africa’s richest man, became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar. The 62-year-old Nigerian businessman and Africa’s most prominent…
More than 2,000 participants from 68 countries are expected at the Creative Africa Exchange (CAX) Weekend which opens in Kigali on 16 January in what the organisers are describing as Africa’s first continental event dedicated to promoting exchange within the creative and cultural industry. Organised by Times Multimedia (TMM) and sponsored by the African Export-Import…
By Joyce Mukucha As climate change adverse effects persist around the globe, most women and young girls residing in urban-distant communities are becoming more affected as they bear the brunt of the negative impacts. Due to negative impacts posed by climate change, marginalised women and girls encounter violence, financial instability and child marriage among other…
Escalating hunger needs in sub-Saharan Africa dominate a World Food Programme (WFP) analysis of global hunger hotspots in the first half of 2020 with millions of people requiring life-saving food assistance in Zimbabwe, South Sudan, the Democratic Republic of Congo and the Central Sahel region in the coming months. The sheer scale and complexity of…
Zimbabwe’s mobile network giant Econet Wireless Zimbabwe posted a set of results that reflects the impact of hyperinflation on entities operating in Zimbabwe. For the half year ended 31 August 2019 revenue increased by 45 % in its inflation adjusted figures to settle at ZW$1.25 billion. However, the company grew its market share, voice and…
Zimbabwe Stock Exchange Listed entity Cassava Smartech Zimbabwe Limited (CSZL), which has business interests in mobile money, digital banking, insurtech and on-demand services, reported revenue of ZW$946 million for the half year ended 31 August 2019. The published results are inflation-adjusted, in line with International Accounting Standard 29 on Financial Reporting in Hyperinflationary Economies,…
By Engineer Jacob Kudzayi Mutisi Zimbabwe’s cash crisis has created a need for financial inclusion. There is now a need to make banking services accessible and affordable to everyone in Zimbabwe and beyond and has been a buzzword for the last few years. Technology-based financial services have propelled innovation to “bank the unbanked” making daily…
Last week, the United Nations World Food Programme (WFP) in Zimbabwe completed its last cash distribution of 2019, which supported some 19,000 vulnerable residents in Harare’s sub-urban district of Epworth. Those deemed most food insecure have been receiving monthly cash transfers from WFP since June, as part of an urban pilot project funded by the…
By Charles Dhewa A couple of questions can motivate African policy makers to think critically and reflect about possible starting points for transforming African agriculture from 2020 and beyond. There is no longer any doubt that most imported policy recommendations have failed to fully develop African economies. To that end, as 2020 beckons African agricultural…
By Farai Chirimumimba For President Emmerson Mnangagwa, 2019 has been a year of constant turmoil. On the economic front, he has presided over perpetual failure as he has increasingly relied on his own instincts and underperforming cabinet. In just the last few months, a massive strike by junior doctors has paralysed the health sector. Lawyer…
Although the mainstream media thrives on controversial headings and subjects, things take a different turn when you start marketing controversial products. Aside from the fierce debate from enthusiasts and critics, some various barriers and requirements make it cumbersome to market contested products adequately. On one end, you need to avoid issues with regulatory authorities for…
Traveling is the shortcut towards living multiple lives all at once. By exploring different places, you experience the joy of diverse cultures, traditions as well as heritage. Not only does it make you gain knowledge, but it also transforms your personality into a modest one. You learn the importance of being kind and realize what…
… as we commemorate the International Year of Plant Health 2020 By Mathew Abang In Africa, transboundary plant pests and diseases are costly to combat because control efforts are usually undertaken after huge crop losses have already occurred. Improving national capacities to sustainably monitor, prevent and reduce crop losses will have multiple advantages, but…
The World Health Organization (WHO) has just quality assured a third pneumococcal conjugate vaccine (PCV), manufactured by the Serum Institute of India, that protects children against certain types of pneumonia and will be much more affordable than existing vaccines. This critical step will enable countries and treatment providers to procure more affordable versions of the…
On 21 December 2019, over 300 children from the Atlantis community participated in a peace walk and community clean up at the Dura Park, as a symbol of goodwill and peace over festive season. The event was hosted by the City of Cape Town, in collaboration with International Peace Youth Group (IPYG), International Women’s…
By Anyway Yotamu. President Emmerson Mnangagwa on Friday 20 December 2019 participated in a symposium to mark the United Nations Anti-Corruption Day where he responded to questions and concerns raised by the public on the fight against graft. The UN Anti-Corruption Day falls on December 9. The symposium was organised by the African Parliamentarians Network…
By Byron Mutingwende The Ruwa Local Board has set a target of planting over 1 million trees in five years, Benam Nyawo, the local authority’s environmental health officer has said. Nyawo revealed the plan at the belated commemoration of the National Tree Planting Day at the Chiremba Recreational Grounds in Ruwa. “Our…
The Zimbabwe Parents of Handicapped Children Association (ZPHCA) is building grass-root women and the community’s resilience to climate change, it has been established. With support from Huairou Commission, ZPHCA is undertaking efforts to reduce potential impacts of this natural catastrophe by embarking on awareness campaigns, workshops as well as providing peer education and information reading…
By Anyway Yotamu. Acting Minister of Primary and Secondary Education Hon Kirsty Coventry said schools should not increase fees by over 20 percent without Government approval, and charging in foreign currency is illegal as it is also an offence for schools to sell uniforms or force parents to buy them at selected stores. Minister Coventry…
By Byron Mutingwende Migrant workers play a vital role in the global economy since they benefit the countries they work in as well as their countries of origin through sending back money to their families, Mr. Mario Lito Malanca, the International Organisation for Migration (IOM) Chief of Mission for Zimbabwe has said. Mr….
The loan is expected to contribute significantly to food security, food import substitution, and household incomes by creating jobs and increasing local productivity and distribution The African Development Bank’s (www.AfDB.org) Board of Directors has approved a $60m loan to Elnefeidi Group Holding Company to help finance its long-term agriculture and food expansion programme. The planned…
This partnership will have a long-lasting impact on the economic perspective of young people Recently, Alioune Ndiaye, CEO of Orange Africa and Middle East (www.Orange.com), and Kathinka Kurz, Head of the Development Partnerships Program with the private sector (develoPPP.de) at the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, signed a partnership agreement to develop the…
Cassava On Demand has launched VAYA Air Charter, a service that will allow business and tourist travellers to hire private planes to any destination. The service will be the first of its kind in Zimbabwe and will see VAYA – which in the past year has successfully rolled out many services under its VAYA Mobility,…
According to the third quarter performance report for the postal and telecommunications sector released by the Postal and Telecommunications Regulatory Authority (POTRAZ) Director-General, Dr Gift Machengete in Harare today, OneMoney had the highest market share in terms of active subscriptions. “The mobile penetration rate increased by 3.4% to reach 88.2% from 84.8% recorded in the…
Dr. Gift Machengete, the Director-General of the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has presented the sector performance report for the third quarter of 2019 that had mixed fortunes for the various stakeholders. Presenting the report at the company’s headquarters, Dr. Machengete highlighted various trends that characterised the postal and telecommunications sector in…
In an effort to bridge the funding gap of SMEs, the country’s first Alternative Trading Platform (ATP), Financial Securities Exchange (FINSEC), launched the Growth Enterprises Market (GEM) Portal. The GEM Portal is a dedicated online Portal designed for micro, small and medium enterprises (SMEs) in need of raising capital for retooling operations, increase productivity, or…
By Anyway Yotamu President Emmerson Mnangagwa in consultation with the Minister of Women Affairs, Community, Small and Medium Enterprise Development has appointed the board of Zimbabwe Women’s Microfinance Bank a two year term from 18 November 2019. The board was commissioned on Wednesday 18 December 2019 at the ministry boardroom in the capital city. Speaking…
Pure Oil Industries trading as Zimgold, has proved that it not only operating in the country to just generate profits, but rather to also serve the society and impact it in a positive and meaningful way when it honoured charitable organisations and community heroes with one-year supplies of cooking oil. Speaking at the Pure Oil…
There are many claims in regards to the medical capabilities of cannabis. The relationship between schizophrenia, psychosis, and marijuana is one that many associate with the medical condition itself. WebMD indicates that the THC in cannabis can result in individuals exhibiting psychotic behaviour. However, CBD, another compound that is present in cannabis, has potential benefits…
