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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)…
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…
