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…but Central Banks Can Prevent It In 2008, as big banks began failing across Wall Street and the housing and stock markets crashed, the nation saw how crucial financial regulation is for economic stability – and how quickly the consequences can cascade through the economy when regulators are asleep at the wheel. Today, there’s another looming economic risk: climate…
By Veritas In terms of section 72 of the Companies and Other Business Entities Act [which we shall refer to as “the Act” in this bulletin], all companies are required to keep a register of beneficial owners – who, as we shall explain in more detail below, are the individuals who control the companies or who hold…
Cassava Smartech Zimbabwe’s health insurance unit, Maisha Health Fund, has launched an innovative and convenient way to register for medical aid cover through mobile phone. The service, which is available to all Zimbabweans by simply dialling *147# on a mobile phone, is expected to drive adoption through increased access to digital platforms. Announcing the launch,…
By Sowell Chikwari (Business Writer) Renowned power generation firm, Power Giants Zimbabwe recently received another feather in the cap for electrifying Mabvazuva suburb. Now 70 percent complete, the project being spearheaded by Exodus and Company is expected to create housing for more than 6 000 families. Located in Ruwa, near Harare — the gated medium-density…
Civil Society Organisations boycotted a Sibaya called by King Mswati iii on Friday the 16th of July amidst growing popular calls for democratisation; inclusive dialogue; and, justice and accountability for the violent repression of pro-democracy protests. Since May 2021, pro-democracy protests have erupted in the Kingdom, sparking a violent state-sponsored pushback which has so far…
ARC Limited earns the lowest-risk rating amongst global insurance company peers Top score reflective of organisation’s continued focus on ESG priorities The African Risk Capacity (ARC) Limited has received the global insurance industry’s top overall environmental, social, and governance (ESG) score. The ESG evaluation by Sustainalytics is a comprehensive assessment of a company’s preparedness…
By Charles Dhewa Knowledge Transfer Africa (KTA) has been providing attachment or internship to university students since 2014 in agricultural mass markets where the organization works. Attachment/internship opportunities have been offered to students studying agricultural economics, pure economics, banking &finance, food science, sociology, geography & environmental science, development studies, ICTs, supply chain management and many…
By Simbarashe Manhango Zimbabwe is on an economic recovery trajectory this year and could strengthen further in 2022 despite the challenges posed by natural disasters and the Global Covid-19 pandemic, a report by the World Bank has revealed. The report, the Zimbabwe Economic Update (ZEU), published last month (June 2021), anticipates that the country will…
African Export-Import Bank (Afreximbank) and Portugal’s National Association of Young Entrepreneurs (Associação Nacional de Jovens Empresários – ANJE), have announced a three-year partnership to support and promote Africa’s Fashion Apparel and Textile Manufacturing Industry in Portugal and across Europe. This partnership is part of Afreximbank’s Creative Africa Nexus (CANEX) programme, which aims to facilitate investments in Africa’s creative…
Young people across the world will need to step forward if global agri-food systems are to become more sustainable and the world is to fully recover from COVID-19. That was the message delivered at a July 14 side event of the 2021 UN High-Level Political Forum (HLPF). “The future of food belongs to the young…
The International Air Transport Association (IATA) has called on states to follow new guidance on travel from the World Health Organisation (WHO). The guidance recommends a “risk-based approach” to implementing measures related to Covid-19 and international travel. Specifically, WHO recommended that governments: Do not require proof of Covid-19 vaccination as a mandatory condition for entry…
By Zimbabwe Lawyers for Human Rights GWANDA – Villagers of Polite, Manonkwe, Stanmore, and Mahlokohloko villages in Gwanda North have blamed school curricular that is not holistic and advances in technology for rising cases of sexual relations with and between minors. The villagers argued that information being taught in schools was not proving to be…
Maxwell Ochoo’s first attempt at farming was a dismal failure. In Ochieng Odiere, a village near the shores of Kenya’s Lake Victoria, “getting a job is a challenge,” the 34-year-old says. To earn some money and help feed his family, he turned to farming. In 2017, he planted watermelon seeds on his 0.7-hectare plot. Right…
The Government of Germany, through the German Federal Foreign Office, has contributed EUR 3 million to the United Nations World Food Programme (WFP) in Zimbabwe to support highly vulnerable communities struggling to meet their basic food needs amidst the COVID-19 pandemic. This is part of a EUR 18 million contribution by Germany to Southern Africa…
The third Southern African Development Community (SADC) Youth Forum will focus on the importance of the Blue and Green Economy to drive sustainable development. The Southern Africa Youth Forum (SAYoF-SADC) is a regional development platform for youth in the SADC region, works with SADC Secretariat, SADC-CNGO, SAT among other regional organizations to empower young people…
By Tinashe Eric Muzamhindo We have so many deals, apparently, which the Government of Zimbabwe, has signed with several countries; we have been briefed of MOUs, signed on behalf of the country, that have never been disclosed to the public. One of the key roles of the State is to ensure that the public, or…
From the 14th– 16th July 2021, the Platform on Gender and Extractives convened the annual Gender and Extractives Symposium virtually which ran under the theme, “Women in leadership: advancing an equal future in the extractives sector.” The 5th edition of this multi-stakeholder engagement platform was attended by women in mining, mining associations led by women, mining communities from Bubi,…
A musical feast is served as the country’s first cellular network operator NetOne unveiled a compilation album titled One World. The One world album was recently launched on One TV YouTube channel and online music stores on the 25th of June. The album Included 8 explosive tracks from locally acclaimed bands and talented artists such…
By Takura Zhangazha A young comrade recently sent me a message about my views on the recent rioting in South Africa. Poignantly he asked what I meant in assuming that there are many similarities between South Africa and the rest of the Southern African region? I briefly explained that these similarities in my view are…
The Economic Community of West African States (ECOWAS), with the support of the International Trade Centre (ITC), officially launched the ECOWAS Trade Promotion Organizations (TPO) Network and held its First Annual General Assembly 15th – 16th July 2021 in Abuja, Nigeria. The ECOWAS Trade Promotion Organisation (TPO) Network is a public-sector led entity and will…
Studies highlighted at IAS 2021 – the IAS Conference on HIV Science – include global WHO analysis indicating HIV is a significant independent risk factor for severe COVID-19 illness at hospitalization and for in-hospital death. New evidence on HIV and TB drug resistance, updates on acceptability of HIV prevention tools and increased risk faced by…
By Desire Tshuma South Africa Council of Churches (SACC) has noted with deep concern the violence and destruction of property that is engulfing South Africa since Thursday 8 July last week after the imprisonment of former South African President Jacob Zuma The violence is resulting in untold suffering in many quarters of the society and…
Many students in Zimbabwe find it hard to proceed to tertiary learning institutions due to a plethora of challenges, chief among them the lack of financial resources but Global Careers Connection has emerged to be the panacea to these problems. In an interview with Mr. John Muchenje, Global Careers Connection Chief Executive Officer, Spiked Online…
By Philip Mataranyika For the 10 years that I worked for Old Mutual as a sales agent and financial advisor, I was one of their most successful advisors, signing up clients, helping them with estate duty liability planning as well as business continuity planning for limited liability companies, while for others it was for business…
African Export-Import Bank (Afreximbank) and Standard Chartered today announced an agreement for Standard Chartered to provide USD 200m of not-for-profit funding towards Afreximbank’s structured framework to help finance the acquisition of COVID-19 vaccines for African nations. The collaboration between Standard Chartered and Afreximbank will help ensure that 55 countries across Africa have access to…
Between a death and a burial was hardly the best time to show up in a remote village in Madagascar to make a pitch for forest protection. Bad timing, however, turned out to be the easy problem. This forest was the first one that botanist Armand Randrianasolo had tried to protect. He’s the first native…
By Yanitsa Boyadzhieva Apple was granted a patent for a periscope camera system which is tipped to be implemented in iPhone models from 2022 in an attempt by the company to address challenges for small modules to create high-resolution photography. The US Patent and Trademark Office (PTO) granted the patent today (13 July), allowing Apple…
Econet Global subsidiary, Distributed Power Africa, has clinched a lucrative deal to install solar panels at 15 Total Zimbabwe service stations across the country. This is part of Total’s initiative to install solar-powered service stations across 57 African countries to create a portfolio of low-carbon businesses that will account for at least 20% of the…
His Excellency, Hakan Kivanc, the Ambassador of Turkey to Zimbabwe has expressed gratitude to the Government of the Republic of Zimbabwe for not giving any space to FETO in Zimbabwe to organize and cultivate their vicious and heinous plans. Ambassador Kivanc was speaking at a media briefing at the Turkish Embassy today to commemorate the…
By Gender Links Info The Women’s Voice and Leadership South Africa (WVLSA) project condemns the violence and criminal looting that is ravaging South Africa amid the third wave of the COVID-19 pandemic. WVLSA calls on President Cyril Ramaphosa to ensure that law and order are restored and that the vaccine roll-out crucial for defending women’s hard…
By General Nat Turner The government of Zimbabwe cannot continue to empower people when it empowered them already. It is now time for the beneficiaries of land reform ( mines and agriculture resources) to be productive and more productive with the resources they were given. The total beneficiaries of the agricultural land are 9 000…
Africa’s first black-owned car manufacturing company, Mureza Auto Co has rolled out its first 100 vehicles into the market with a pre-order facility available for buyers in South Africa and Zimbabwe, starting next week. The car manufacturing firm was recently granted a licence to produce motor vehicles in South Africa, marking a significant step as…
With telecommunications access becoming increasingly poor and data unaffordable for many Zimbabweans, content creators are petitioning mobile network operators and relevant stakeholders to urgently address the matter. On one hand, the Content Creators Network has noted with concern, the recent data price increase by the country`s largest mobile internet service provider, Econet. The network argues…
As the nation is battling to contain the devastating effects of the COVID-19 pandemic that is affecting schools, work, and communities while slowing down the pace of the government’s efforts towards a middle-income economy by 2030, the Kuwadzana Constituency in Harare took heed of President Mnangagwa’s clarion call for sustainable development. The Kuwadzana Development Association…
Following Cyclone Idai that hit eastern Zimbabwe in March of 2019, the United Nations Educational, Scientific and Cultural Organization Regional Office for Southern Africa (UNESCO ROSA), under the World Bank Funded Zimbabwe Idai Recovery Project (ZIRP), is implementing the project ‘Comprehensive Resilience Building in the Chimanimani and Chipinge Districts.’ The overall objective of the project…
Econet Founder and pan-African businessman and philanthropist Strive Masiyiwa, who is the African Union Special Envoy for COVID-19, retraces how he got involved in the fight against the deadly virus just before the outbreak of the pandemic Masiyiwa writes: In February 2020, a month after the pandemic began to spread globally, I travelled to…
People with disabilities are facing a plethora of challenges in accessing COVID-19 vaccines, a situation that exposes them to the vagaries of the deadly pandemic. Zimbabwe has plans to administer the vaccines to at least two-thirds of the country’s entire population as a means of curbing the spread of the COVID-19 pandemic. In response, campaigners…
By Clemence Muchedzi The Zimbabwe Youth Charity Association – an organization that deals with humanitarian and social development is calling for affirmative action among youths to uplift the living standards of orphans in the country. President of the organization Elliard Kupfuma said it’s their desire to surpass the activities and donations they have done so…
UNICEF and Sinopharm have signed a long-term agreement for the supply of the BBIBP-CorV inactivated virus vaccine against COVID-19 on behalf of the COVAX Facility. Through the agreement, UNICEF will have access to up to 120 million doses of the vaccine by the end of 2021 to supply participating countries and territories in the COVAX Facility’s Advance Market Commitment (AMC), as…
With the increase there has been in armed robberies, Safeguard Security has urged householders to create safe zones within their homes that they and their family can take refuge in if their home is broken into. Those who live in houses where there is a door or doors closing off the passage to their…
By Charles Dhewa When agro-based African countries embrace a foreign currency mentality, there is a serious danger of marginalizing the majority of economic actors like farmers who do not need foreign currency for their daily needs. It becomes difficult for people to be patriotic about their currency when the reserve bank is always focusing on…
On World Population Day, the United Nations Population Fund (UNFPA) called for continued investment in the provision of Sexual Reproductive Health (SRH) and Gender-Based Violence (GBV) services for women and young people in the context of COVID-19 that has caused serious gaps and challenges in the provision of sexual and reproductive health information and services….
The Southern African Development Community Council of Non-Governmental Organisations (SADC-CNGO), an umbrella of civil society coordinating bodies in the SADC region noted the disturbing new developments in the Kingdom of Eswatini and said it is deeply concerned about the riots and security brutality to the civilians including the loss of life and destruction of property….
Abigale Mupambi, the National Coordinator of the Civic Society and Churches Joint Forum has said the Provincial Development Coordinator for Harare, Tafadzwa Muguti, is way offside on his attempt to supervise the operations of non-governmental organisations. Mupambi’s statements are in response to reports that the Provincial Development Coordinators for Harare (Tafadzwa Muguti); and Masvingo respectively,…
Masvingo West Constituency is destined for greatness, thanks to the developmental initiatives being spearheaded by members of the Children of Masvingo West Development Group. Recently, the Spiked Online Media Crew was in the constituency where it witnessed a number of developmental projects set to positively impact the community across the broad social and economic spectrum….
