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By Filippo Sona On the occasion of the Africa Hotel Investment Forum (AHIF) (https://www.AHIF.com) this week, Filippo Sona, Managing Director, Global Hospitality Drees & Sommer (https://www.DreSo.com/), asks whether Sub-Saharan Africa is ready for an iconic hotel asset that will shape the image of African tourism. According to the annual African Hotel Chain Development Pipeline Survey…
Global Credit Rating (GCR) has revised Zimnat General Insurance’s national scale financial strength rating to A+(zw) Stable Outlook, from its previous rating of A-(zw).The financial strength rating (formerly claims paying ability) went up two notches. GCR is the leading emerging market focused ratings agency, rating the full spectrum of security classes based on the best international…
As the Zimbabwe Institution of Engineers (ZIE) 10th Biennial Conference kicked off in Harare today, there has been a call for Engineers in Zimbabwe and beyond to come up with a solution to Harare’s water crisis. The theme for the conference is “The Role of Engineering Professionals – Fundamental Duties for National Development” and alludes to…
States, businesses and civil society gear up for decisive decade for Agenda 2030 Four years after the adoption of the 2030 Agenda for Sustainable Development, and with efforts off track for meeting its objectives, world leaders today called for a decade of ambitious action to deliver the Sustainable Development Goals (SDGs) by 2030 and announced…
Econet Chairman, Mr Strive Masiyiwa has said the electric vehicle (EV) is one of the coolest energy adaptation solutions that have emerged in modern world. In coming up with this conclusion, Mr Masiyiwa presented interesting points. The telecoms guru alluded to the fact that most industrialised countries, including China and the European Union have announced…
As the Harare water crisis deepens, the Movement for Democratic Change (MDC) and the Combined Harare Residents Association (CHRA) have voiced concern over what they termed interference by authorities for political expedience over prioritising the lives of the people. MDC Secretary General Chalton Hwende and the party’s Local Government Secretary, Elias Mudzuri today held a…
By Charles Dhewa While the importance of involving communities in solving their own challenges has been supported for decades, the limitations of participatory methodologies have not received enough attention. Usually participatory methods emphasise the participation of individual people as opposed to communities. Unfortunately, many people may have limited capacity to interpret information and knowledge. It…
Travel and tourism remained one of the key growth drivers of Africa’s economy, contributing 8.5% of the GDP in 2018; equivalent to $194.2 billion. According to the 2019 Jumia Hospitality Report (http://bit.ly/2mny9OY) Africa, this growth record placed the continent as the second-fastest growing tourism region in the world, with a growth rate of 5.6% after Asia Pacific…
Technites Africa has launched a revolutionary digital platform which offers one of the widest range of on-demand services and instantly connects customers to independent service providers (highly skilled individuals, SMEs and Corporates) for the delivery of quality domestic and enterprise solutions in the formal and informal sectors. “The biggest challenge Africa faces is extremely high…
Company announces four new deals including entry into Cape Verde; Development pipeline expected to drive owner investment of over $2 billion and generate 12,000 new jobs From the Africa Hotel Investment Forum in Addis, Marriott International (http://www.Marriott.com) reinforced its commitment to Africa by announcing it expects to add 40 properties and over 8,000 rooms across…
By Byron Mutingwende Despite announcing a data and SMS tariff adjustment starting September 23, 2019, Econet’s tariffs remain competitive in the region. The leading mobile network operator by both subscriber base and network coverage has announced another price adjustment for its data and SMS bundles as telco operating costs and other prices of other goods…
By Tatenda Mujeyi Key Stakeholders convened at a validation and consultative workshop organised by the Scientific and Industrial Research and Development Centre (SIRDC) with support from the African Development Bank (AfDB) in a bid to rationalise state owned enterprises. The project is part of government’s broad initiative to restructure all state enterprises that was approved…
The African Export-Import Bank (Afreximbank) yesterday in Kampala concluded the formalities for the take-off of its East Africa Branch Office in Kampala as it signed the two principal documents with the Government of Uganda at a ceremony witnessed by President Yoweri Museveni of Uganda and former Nigerian President Olusegun Obasanjo. Afreximbank President Prof. Benedict Oramah…
The momentum for the Caribbean coconut industry is set to continue. The European Union (EU), the Caribbean Forum (CARIFORUM) and the International Trade Centre (ITC) announced today in Bridgetown, Barbados, the continuation of the Alliances for the Coconut Industry Development Expansion and Enhanced Support for the Caribbean project (Coconut II), which aims to ensure that…
By Joyce Mukucha Small to Medium Enterprises (SMEs) in Zimbabwe have realised the potential in offering aquaculture related training which aims at exposing participants and prospective investors to fish farming business with a lot of income being generated from the projects. Professional organisations in the Zimbabwean aquaculture industry are making tireless efforts in helping the…
By Zimbabwe Coalition on Debt and Development Tax can be understood as an obligatory but “involuntary” payment made by certain individuals and entities of the society deemed liable by the relevant authorities into the state offers for the public good. One of the critical description of taxes is that they are an important of source…
Following the outcry over hiked percentages demanded by Ecocash Agents to those willing to access cash, Strive Masiyiwa, the Chairman of Econet absolved his company of the responsibility for the mess. He headlined his response as Talks On EcoCash Agents Selling Cash, “Whose Cash Are Agents Selling? Below is Mr. Masiyiwa’s response: The issue of…
Over 9 000 business leaders, decision makers and topic experts, 600 speakers as well as 100 fin-techs will converge in London beginning on September 23 to 26 for Sibos, the world’s premier financial services showcase. Blue Code Africa, who are developing the future of mobile payment in Africa and Europe, will be exhibiting at…
The coaches will be rewarded for their contributions to their communities with Arsenal youth shirts for their team Today, WorldRemit (www.WorldRemit.com) announces that 16 applicants from Africa have been shortlisted for its Future Stars programme. Of these 16 coaches, eight are women. WorldRemit and Arsenal launched the second edition of the Future Stars programme in…
By Owami Sithole Three teams consisting of men and women mixed doubles are set to compete in the third edition of the Chinese Ambassador’s Table Tennis Cup which will be held over the weekend at the Gymnasium Harare International School. During a press briefing on Wednesday in Harare, Director of the Political Section Guo Jing…
By Tatenda Mujeyi The Media Monitors of Zimbabwe is holding a three-day training workshop on Public Finance Management Reporting in Harare to familiarise media personnel on the needed actions. The training is informed by a research that the media monitors engaged in so as to generate knowledge on the prevailing conditions within public fiscal management….
By Joyce Mukucha In trying to reach huge markets through its Digital Entertainment On Demand (DEOD) platform, TelOne is geared to roll out more local streamed viewing options for audiences. In a statement, TelOne Managing Director, Chipo Mutasa said DEOD is a fully converged linear on demand streaming package that brings thousands of hours of…
Raising the competitiveness of Kenya’s small and medium-sized enterprises (SMEs) will underpin the country’s effort in realizing the goals of Vision 2030, the country’s long-term development blueprint. Targeted solutions are needed to help Kenya’s SMEs capitalize on current growth, according to a new report that assesses the competitiveness of Kenyan SMEs. Unveiled in Nairobi today, ‘Promoting SME…
The Professional Women, Women Executives and Business Women’s Forum (PROWEB) and the Elena Barraquer Foundation has partnered with the Zimbabwe Defence Forces through the Minister of Defence and War Veterans Affairs in the Cabinet of Zimbabwe Cde Oppah Muchinguri Kashiri, to operate on cataracts. Addressing journalists in Harare on 18 September 2019, Florence Ziumbe, the PROWEB…
A Zimbabwean woman, Fortunate Chidzivo, came first in the Sanlam Cape Town Marathon 10km run on Sunday and broke the record for this race, in which three other Zimbabweans who were sponsored by Zimnat participated. Tariro Makanga and Lilian Choruwa, who through Zimnat’s social media competition won an all-expenses-paid trip to Cape Town to…
Banco de Fomento Angola (BFA) has signed on to the Afreximbank Trade Facilitation programme (AFTRAF) for an initial $50-million line of credit, becoming the first Angolan bank to sign on to the programme offered by the African Export-Import Bank (Afreximbank) with the aim of supporting African banks to bridge the gap created by the withdrawal of international…
Advocate Martin Dinha, the Chairperson of the National Railways of Zimbabwe (NRZ) has said the company has received the submissions for funding made towards the US$400 million recapitalisation project by the Diaspora Infrastructure Development Group (DIDG)/Transnet Consortium. The Chairman said the NRZ now awaits guidance from Treasury on the availability of the said funding,…
By Charles Dhewa African countries have been taking advice from foreign technical experts for generations. If technical expertise was a solution, the majority of countries and poor communities would have moved out of poverty by now. The fact that poverty levels have remained the same and in some cases worsened indicates a need for developing…
Innovative thinking about Africa’s conventional employment issues is what marks the African Development Bank’s (www.AfDB.org) new policy research document “Creating Decent Jobs: Strategies, Policies, and Instruments,” participants heard at the report launch, held 12 September 2019. The report elicited strong presentations and a lively debate during the event which took place in the Babacar N’Diaye…
Mr Givemore Chidzidzi, the Zimbabwe Tourism Authority (ZTA) Acting Chief Executive better known in the sector as “Mr. Tourism” has urged women to work towards strengthening and growing their entrepreneurial expertise in the tourism sector. He made the remarks during the Sanganai Hlanganani Capacity Building Workshop For “Women Entrepreneurs in Tourism” held on 14 September…
Bulawayo, the host city for Sanganai/Hlanganani World Tourism Expo today scored a double including overall award at a glittering awards ceremony. Affectionately known as the City of Kings and Queens, the city was voted Best Zimbabwe Stand and also Best Overall Stand marking the 2019 edition a memorable one. Ethiopian Airlines also scooped the top…
Tariro Makanga and Lilian Choruwa, who won from Zimnat an all-expenses paid trip to the Sanlam Cape Town Marathon, are expected to arrive in Cape Town tomorrow (Saturday) to participate in the 10km run on Sunday. The two young women, who have been nicknamed maZimnat by their gym colleagues, have been training for the…
By Eric Schroeder HARARE, ZIMBABWE — A day after the state-run Grain Millers Association of Zimbabwe increased the price of wheat Zimbabwean baking companies followed suit, hiking the price of bread by a similar amount, according to Bloomberg. Dennis Wallah, president of the National Bakers Association of Zimbabwe told Bloomberg that the price of a…
Ethiopian Airlines as the official carrier of the 2019 Sangani/Hlangani International Travel and Tourism Expo has brought participants and buyers from various part of the world to Bulawayo. The 12th edition of Sanganai/Hlanganani World Travel and Tourism Expo is taking place in Bulawayo from September 12th – 14th 2019. Ethiopian Airlines has offered discounted rate…
BY Zimbabwe Coalition on Debt and Development “Don’t tell me what you value, show me your budget and I’ll tell you what you value.” Joe Biden Joe Biden’s remarks bears testimony to the importance of budgeting both at local and national level. The national budget is the anchor for any country’s developmental programmes, not only because…
By Byron Mutingwende The National Railways of Zimbabwe (NRZ)’s museum has been hailed as a repository of heritage and national history. Speaking at the Sanganai hlanganani World Tourism Expo Buyers Cocktail held at the Bulawayo Railway Museum, NRZ General Manager, Mr. Lewis Mukwada said his organisation’s partnership with the Zimbabwe Tourism Authority (ZTA)…
By Byron Mutingwende The Sanganai Hlanganani Tourism Expo has kicked off on a high note at the famous Zimbabwe International Trade Fair (ZITF) in Bulawayo. Addressing the media at a press briefing at the expo today, Mr. Givemore Chidzidzi, the Zimbabwe Tourism Authority (ZTA)’s Acting Chief Executive said his organisation’s projection and planning…
By Abigail Mzimbawakhe (Midlands Correspondent) Gweru City council recently opened a new customer hub which will be a point at which customers will engage with the local authority when they need assistance. Speaking on the official opening of the customer hub Gweru Mayor Josiah Makombe applauded the move by the local authority that showed that…
By Abigail Mzimbawakhe (Midlands Correspondent) Gweru City Council (GCC) yesterday commissioned a new refuse truck in a bid to keep the city clean by using the truck to collect refuse in the surrounding areas. The refuse truck is a 19 cubic metre and it is hoped for going a long way in saving the city…
By Tatenda Mujeyi To facilitate efficient business and cut on bureaucracy, the Office of the President and Cabinet in partnership with The World Bank launched 2020 Ease of Doing Business Reform program in Harare today. The program is part of Government’s broad goals of facilitating the ‘open for business mantra’ and improving the way of…
By Joyce Mukucha As the year winds down, the Member of the House of Assembly for Norton Constituency Honourable Temba Mliswa expressed his excitement as his constituency substantial developmental initiatives. One of the notable developments in Norton is the resuscitation of Lucas Battery Company which resumed the production after so many years of not operating….
Outgoing Africa Green Revolution Alliance (AGRA) Chairman Strive Masiyiwa says during his tenure as chairman of the institution, he focused on using entrepreneurial tools to lift African agricultural production. Writing in his Facebook blog, Masiyiwa gives 10 examples: #1. We financed 110 seed manufacturing companies in 16 countries. These businesses received an average of $2m…
In light of the continued unilateral decisions (which continue to affect residents) at the Harare City Council, the Combined Harare Residents Association (CHRA) has said it is seriously considering the public litigation route. Recently, on September 9, 2019, council issued, a ‘proposal’ to increase water charges from RTGs0.80 to RTGs7.00 on the justification that…
The Institute of Chartered Secretaries and Administrators in Zimbabwe continues to observe the highest standards of corporate governance and to conduct its examinations in a transparent and professional manner, the Institute’s President, Mrs Letitia Gaga, has said. Commenting on allegations of exam fraud and poor corporate governance at the institute made by a former lecturer…
International tourist arrivals grew 4% from January to June 2019, compared to the same period last year, according to the latest UNWTO World Tourism Barometer published ahead of the 23rd World Tourism Organization General Assembly. Growth was led by the Middle East (+8%) and Asia and the Pacific (+6%). International arrivals in Europe grew 4%,…
