DFID contribution to assist 116,000 WFP-supported Zimbabweans during hunger season

The United Nations World Food Programme (WFP) on Thursday 10 January 2019 welcomed a £3.95 million (US$5 million) contribution from the United Kingdom’s Department for International Development (DFID) to its 2018/19 Lean Season Assistance programme in Zimbabwe.   The contribution will help WFP to provide cash-based food assistance to some 97,000 highly food insecure people…

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Be tourism ambassadors in Panama: Youths urged

Zimbabwean youths bound to Panama for the Youth Conference were urged to be torchbearers and ambassadors of the country’s pristine tourism products and services. This emerged at the Mega Pilgrim Send-Off dinner to Panama for the World Youth Day where the Minister of Environment, Tourism and Hospitality Industry Priscah Mupfumira was the Guest of Honour…

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IP Promotes Foreign Investment: ARIPO

By Lovemore Chazingwa The quest for bringing out Africa’s economic potential and sustainable growth through investment from abroad can be tapped as a result of properly protected Intellectual Property (IP), a regional workshop heard. In it’s opening remarks at the high level workshop held at Africa Regional Intellectual Property Rights Organisation headquarters December 5 last…

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AfDB approves US$14.12 million to support Nigeria’s membership in ATI Agency

Once membership formalities in ATI are finalised, Nigeria could benefit from gross political and commercial risk insurance cover on total investments and trade amounting to over US$ 5 billion by 2020 The African Development Bank Group (www.AfDB.org), through its Trade Finance operations, has approved a US$14.12 million facility to support the Federal Republic of Nigeria’s…

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Of premature technology and information overload

By Charles Dhewa Hundreds of mobile applications and technology platforms are launched in Africa almost every day, thanks to the promise of digital-fuelled progress. Unfortunately most of the platforms (including those owned by famous mobile network providers) are trotted onto the market prematurely before sufficient pre-testing. There is also confusion between a platform, a portal,…

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The AECF and EEP brings Renewable Energy investors from across the world to Africa

The Africa Enterprise Challenge Fund (AECF) and the Energy and Environment Partnership Trust Fund (EEP Africa) recently hosted an investor forum in Nairobi, Kenya, bringing together financiers and companies from across the world to find investment opportunities in renewable energy businesses operating in Africa.   The forum was an investor to business (I2B) match-making platform…

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All set for Awareness Campaign on Alcohol and Drug Abuse

On Saturday 5 January 2019, the Marlborough Social Group (MSG) will host an awareness campaign on alcohol and substance abuse at St. Canisius Catholic Church in Marlborough starting at 10 am. This event has been necessitated by a need to facilitate community-level awareness, engagement and subsequently, intervention. At the event, MSG will anchor various community…

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Two hopes for African Agriculture and rural development in 2019

By Charles Dhewa The fact that countries which have moved toward middle-income status have started by transforming their agriculture sector is no longer debatable. Unfortunately, out of 54 countries in Africa, Ethiopia is mentioned as the only one on the path to meaningful agricultural transformation. The rest are still running from pillar to post, chasing…

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Pamwe Capital seeks to invest in Zimbabwe

Pamwe Capital has proposed to invest in Zimbabwe’s key economic development sectors as a response to the country’s openness for business.   Speaking at a breakfast meeting organised by Pamwe Capital at a local hotel in Harare, Priscah Mupfumira, the Minister of Environment, Tourism and Hospitality Industry said Zimbabwe has good opportunities for investors especially…

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UNWTO/ETC Launch Report on Health Tourism

The World Tourism Organization (UNWTO), together with the European Travel Commission (ETC) launched a new report on health tourism. Part of their joint research programme, the study is the first attempt to set a coherent conceptualisation of health tourism and define the motivations behind travellers looking for health-related services. Health, wellness and medical tourism have grown…

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Tawanda Kanhema Spent $5,000 of His Own Money to Put Zimbabwe on Street View

Zimbabwe is too far for many people to visit, but 37-year-old Tawanda Kanhema grew up here (Zimbabwe) before moving to the United States. Thanks to Kanhema, though, you’ll soon be able to play virtual tourist, thanks to his work and the magic of Google Street View, Kanhema, who left the country to study journalism and documentary film-making…

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Afreximbank, Securiport Sign $15-million Financing Agreement for Juba Airport

The African Export-Import Bank (Afreximbank) has signed a financing agreement with Securiport SUARL, Senegal, to provide Securiport with a $15-million term loan to finance the design, construction and commissioning of a civil aviation and immigration security system for the Juba International Airport in South Sudan. The facility, which was approved for five years, will assist South Sudan…

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Zimbabwe’s Telecoms Sector Records 9,2% Revenue Growth in the Third Quarter to September, 2018

Zimbabwe’s Postal and Telecommunications sector registered a 9,2 percent revenue growth in the third quarter to September, 2018 on the back on increased usage of data and internet. In its Postal Telecommunication Sector Performance report for the third quarter, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) said turnover grew to $435 million from…

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M-Pesa Gears up for 1,200 Transactions Every Second

Safaricom CEO Bob Collymore has said the telco is expanding its M-Pesa systems to take 1,200 transactions per second. In a statement, he attributed the recent outage that lasted four hours to the system upgrade. Latest Communications Authority telecommunication sector statistics shows that Safaricom carried out 575,660,251 M-Pesa transactions, moving at least Sh1.58 trillion between…

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Liquid Telecom to Establish Multi-Billion Rand 4G Network in South Africa

Liquid Telecom South Africa to provide wholesale open access roaming services to network operators starting early 2019 Liquid Telecom South Africa, part of the leading pan-African telecoms group Liquid Telecom, today announced that it will establish a multi-billion Rand 4G network in South Africa. From early 2019, wholesale roaming services will be made available across…

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Strive Masiyiwa Grows Business Empire

Strive Masiyiwa, Econet Wireless founder, this week consolidated his position as one of Zimbabwe’s richest investors after his fintech company, Cassava Smartech (CSZL), became the most valuable counter by market value on the Zimbabwe Stock Exchange (ZSE) when the company listed on the ZSE through an initial public offering. Masiyiwa, whose Econet Wireless Global group controls…

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ARDA seeds: where farmers are assured of a bumper harvest

The Agricultural and Rural Development Authority is proud to have its subsidiary, ARDA Seeds, that is providing seeds as a critical input to ensure bumper harvests for all farmers countrywide. Speaking to Spiked Online Media, Jemitius Mukiwa, an ARDA marketing executive said ARDA SEEDS (Pvt) LTD is a registered private company wholly owned subsidiary of Agricultural…

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Address corruption instead of consolidating political power: ZDI urges government

By Michael Mashiri The Government appears to be concentrating on strengthening its power and fighting political enemies than doing away with political corruption, Zimbabwe Democracy Institute (ZDI) official has said. At a press conference held in the Harare yesterday, Mr Bekezela Gumbo, the Zimbabwe Democracy Institute Principal Researcher said, from the research they had conducted,…

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Curtain falls on COP24 in Poland: AfDB resolute against climate change in Africa

During the two weeks of the conference, the African Development Bank assumed its role as primary champion of African interests and a steadfast supporter of African negotiators The curtain has fallen on COP24 (www.COP24afdb.org), this year’s global climate summit held in Katowice, Poland. However, negotiations continued throughout the weekend to reach agreement on specific parts of the…

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Cassava makes history, enters the Zimbabwe market at US$3.8 billion

Cassava SmarTech Zimbabwe made history on 18 December 2018 when it debuted in the market at a price of $1,50 per share, valuing the company at $3,8 billion. It immediately became Zimbabwe’s third most valuable company after Delta and Econet Wireless (its now telecoms only, sister company). By any measure this is easily the largest…

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Irrigation expansion doubles food production: new report

New study by Malabo Montpellier Panel finds potential to expand irrigation across 47 million hectares in Africa, and boost agricultural productivity, livelihoods and economic growth. Helping more farmers to access and use irrigation systems holds the key to African countries meeting hunger and food security targets, a new report sets out. Food production in Africa…

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Government has no role in setting up community radios: ZACRAS

By Michael Mashiri The Government’s function in any sector, including media is to be a modulator and not a participant, a Zimbabwe Association of Community Radio Stations (ZACRAS) official has said. Speaking at a roundtable dialogue feedback meeting that was held in Harare yesterday, Zimbabwe Association of Community Radio Stations National Coordinator Vivian Marara said…

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Youths Urged to Participate in National Economic Development

By Tendai Guvamombe In order to curb  challenges ranging from economic turmoils to global warming effects, investing in the vibrant young blood will be a wisest solution, a Boost Fellowship meeting has revealed In Zimbabwe, the Boost Fellowship (BF) under the support of UNICEF is working towards a global youth  initiative trending as  Generation Unlimited…

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Three make it to the 2019 Zimbabwe Rhodes Scholarship

By Byron Mutingwende   Three young scholars are heading for Oxford University after they were selected for the prestigious 2019 Zimbabwe Rhodes Scholarship.   The Rhodes Scholarship identifies young talented individuals (25 years and below) who would have excelled academically and shown leadership, strong intellect, character and commitment to service.   Speaking soon after the…

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Address Highly Hazardous Pesticides (HHP) in Zimbabwe: FAO

The Food and Agriculture Organisation of the United Nations (FAO) has emphasised on the need to address Highly Hazardous Pesticides in Zimbabwe.   Speaking at the HHP workshop held in Harare on 13 December 2018, Gabriele Ranieri (Officer in Charge) FAO Subregional Office for Southern Africa, said the world over, countries are facing the challenge…

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Zimnat assists children with disability project

Zimnat on Thursday last week handed over bed linen, an examination bed and a storage container, together worth more than $7 000, to St Christopher’s Children with Disability project, which aims to provide therapeutic and other services to children with disabilities in Hatcliffe. St Christopher’s Children with Disability project aims to improve or restore lost…

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AfDB Lauds Egypt’s Economic Rebound, Partnerships, at Africa 2018 Forum

African Development Bank (www.AfDB.org) President Akinwumi Adesina has saluted Egypt’s strong macroeconomic performance, its improved ranking in the ‘Doing Business Index,’ and the success of major projects in which the Bank is supporting Egypt, lessons that can be learned for the development and the integration of the continent. Adesina was speaking during a session at the…

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Cameroonian Refugees in Nigeria get Christmas Humanitarian relief items from Africa Now Foundation

The Africa Now Foundation, a charity organisation owned by Africa’s leading Oil and Gas lawyer, NJ Ayuk, CEO of Centurion Law Group has donated relief materials worth over thousands of dollars to hundreds of Cameroonian refugees living in the Adagom Resettlement site in Ogoja, Cross Rivers State, Nigeria. “This is most impressive and undoubtedly the…

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