Circular economy gains traction as Morocco plans to join regional Alliance

The African Development Bank (www.AfDB.org) joined public and private sector actors in Nairobi this week to discuss the implementation of circular economy policies, and action plans in Africa. Highlights of the side event included news that Morocco plans to join the African Circular Economy Alliance. The side event on accelerating a just transition to a…

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The Food Industry’s Role in Combating Gender-Based Violence: A Call to Action

Writes Zvikomborero Machinga   Gender-based violence (GBV) remains one of the most pressing social issues of our time, affecting individuals and communities across all sectors. Defined as harmful acts directed at individuals based on gender, GBV encompasses physical, mental, sexual, and economic harm. Globally, 1 in 3 women experience physical or sexual violence in their…

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Natalie Jabangwe-Morris: Leadership behind Africa’s leading mobile money transfer service provider

By Special Correspondent Her business acumen and technology background set the stage for her current role at the leadership helm  of Ecocash . She was among the 26 African leaders selected for the Tutu prestigious Oxford  University  Tutu Fellowship from nearly 300 nominees from over 30 countries. Tutu Leadership Fellowship selects candidates who have demonstrated…

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Realistic, achievable planning aids justice delivery

By Lovemore Chazingwa Departments in the Ministry of Justice Legal and Parliamentary Affairs are strongly urged to be realistic when coming out with strategies that dovetail into ministerial objectives, a top Government official has said. Justice Minister Honourable Ziyambi Ziyambi made the remarks when he officially opened his Ministry’s 2020 Strategic Plan Review Workshop at…

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Informal sector rise, unemployment harmful to the economy: Yu

By Byron Mutingwende The growing rate informalistion of jobs and unemployment has a negative impact on the economy, a senior United Nations official has said. Speaking at the occasion to launch the Population Census Thematic Reports at Holiday Inn Hotel in Harare Tuesday, Yu Yu, the United Nations Population Fund (UNFPA) Zimbabwe Deputy Representative said bemoaned…

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Liquid Telecom launches first 5G network

Liquid Telecom is to launch the first 5G wholesale roaming service in South Africa. Available from early 2020 in all major South African cities, this latest fifth generation of mobile internet connectivity will enable wholesale operators to create innovative, ultra-fast and scalable digital services for their customers. The 5G wholesale network will also help accelerate…

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Africa’s Travel Indaba rescheduled due to election in South Africa

South African Tourism has announced that the 2019 Africa’s Travel Indaba will be rescheduled, following SA President Cyril Ramaphosa’s State Of The Nation Address last night, 7 February 2019. The President confirmed that the date of the national elections would be May 8, which falls directly within the dates scheduled for the Indaba: May 6…

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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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Afreximbank dynamism and leadership praised by President Buhari

he Annual Meetings and 25th Anniversary celebration of the African Export-Import Bank (Afreximbank) ended in Abuja on the 14th of July 2018 with President Muhammadu Buhari of Nigeria saying that the Bank, through its dynamism and tenacious leadership, had proved that Africans could come together to build something meaningful. Delivering a keynote address at the closing…

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Job Sikhala is my employee: Douglas Mwonzora

Opposition politician Douglas Mwonzora revealed that he visited incarcerated legislator for Zengezi West, Job Sikhala because their relationship transcends politics and professionalism. “I am actually disturbed by social media hullaballoo where uninformed elements tend to question my visit to incarcerated Zengeza West MP, Job Sikhala. First and foremost, Job Sikhala is in Parliament on an…

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What Is GPT-3 And Why Is It Revolutionizing Artificial Intelligence?

Bernard Marr There’s been a great deal of hype and excitement in the artificial intelligence (AI) world around a newly developed technology known as GPT-3. Put simply; it’s an AI that is better at creating content that has a language structure – human or machine language – than anything that has come before it. GPT-3 has been…

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FAO workshop to focus on sustainable growth of tilapia fish sector

Tilapia fish farming is getting increasingly widespread in Zimbabwe. However, many operations are struggling to grow beyond subsistence production and access reliable markets that pay competitively. Production is highly polarised, with one large-scale company accounting for 94 percent of output. The Zimbabwe Fish Producers Association (ZFPA) estimates there are 600 small-scale tilapia farmers that produce…

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Power Giants directors scoop top gongs

Business Reporter In yet another validation for Zimbabwe’s trailblazing energy entity, Power Giants, its top directors scooped the much coveted prestigious accolades at the just-ended Annual National Iconic Entrepreneurs Awards and the Professional Excellence Awards (2023) held in the capital, Harare. Power Giants Transmission Director, Engineer Edzai Kachirekwa who is also the Afro Eurasia Energy…

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ITFC, Tunisia sign three Trade Financing Agreements

USD 280 Million Trade Finance Agreements for the benefit of the Tunisian Electricity and Gas Company, the Tunisian Company for Refining Industries, and the Tunisian Chemical Complex The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, has signed three trade financing agreements totaling US$ 280 million in…

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Africa50 Welcomes Zimbabwe as its 31st Shareholder, Receives Additional Equity from AfDB

During its General Shareholders Meeting (GSM) in Kigali yesterday, Africa50, the pan-African investment platform, announced that the Republic of Zimbabwe has joined as its 31st shareholder. Speaking during the event, Africa50 CEO, Alain Ebobissé, thanked the government of Zimbabwe for its commitment to the institution, which marks a welcome expansion in southern Africa. “We are…

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M-Net Movies Collection Pop Up Channel Launches 23rdOct -22nd November

Films from a wide range of movie series will feature in a new pop-up channel running on DStv in October and November. Liz Dziva, publicity and public relations manager of MultiChoice Zimbabwe said the M-Net Movies Collection pop-up channel would run from Friday October 23 to Sunday November 22, with screenings from 9.30am to midnight…

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Ukheshe rebrands to EFT Corporation to lead fin-tech innovation

In a bold step towards redefining the future of financial technology, Ukheshe has announced its official rebranding to EFT Corporation. The move consolidates Ukheshe’s pioneering digital solutions with EFT Corporation’s extensive reach and expertise under one unified brand, positioning it as a leading catalyst for financial inclusion in Africa. The rebranding of Ukheshe to EFT Corporation follows Ukheshe’s…

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Hon Chombo joins hands with farmers, Zvimba authorities in road rehabilitation

By Elvis Dumba Commercial farmers who use the Banket-Raffingora Road have joined hands with the Department of Roads, Zvimba North Constituency Legislator Marian Chombo, and Zvimba Rural District Council in the rehabilitation of the road. The rehabilitation of the 46 km Banket-Raffingora road comes at a time the farmers are preparing for the marketing season…

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DreamWorks launches on DStv in Sub-Saharan Africa on March 18

DreamWorks – a vibrant and popular international television channel aimed at children and families will be launched on DStv later this month, adding to the range of entertainment available to subscribers.   MultiChoice Zimbabwe publicity and public relations manager Liz Dziva said DreamWorks would be added to the DStv platform from Friday March 18, bringing…

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COP27 compromise brings hope and heartbreak

David Thomas, Editor, African Business Magazine The Cop27 climate summit at Sharm El-Sheikh in Egypt closed earlier this week with a flagship agreement among richer countries to fund a “loss and damage” fund for vulnerable nations hit by climate change. The announcement is an important victory for Africa, as Mohamed Adow, executive director at climate action organisation Power…

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The OPEC Fund approves US$20m for SMEs in East Africa

The bank is expanding its resource mobilization activities to meet the growing financing needs of SMEs he OPEC Fund for International Development (the OPEC Fund) (www.OPECFund.org) has signed a US$20 million term loan in favor of East African Development Bank (EADB). EADB will use the loan to support small- and medium-size enterprises (SMEs) and infrastructure…

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SADC urged to harness CAADP’s transformative impact to develop the agricultural sector

The Southern African Development Community (SADC) has been urged to ride on the success story of the Comprehensive Africa Agriculture Development Programme (CAADP), with its transformative impact on the agricultural sector, to draw invaluable lessons that can be applied in the pursuit of food security to spur progress and development in the region. This was…

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Sowing the Seeds of Industrial Farming in Mozambique

By Grace Goodrich With fertile river valleys, expansive coastal lowlands and the prolific Zambezi River as a source of irrigation, Mozambique is considered a mecca for crop cultivation, with climatic conditions catering to a diverse range of agricultural products. Agriculture represents the second-largest sector of the Mozambican economy – accounting for more than 25% of…

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Mainstreaming gender a key aspect of climate change adaptation

By Hillary Munedzi As developed countries fail to meet their pledges in relation to climate and development finance, women in Africa have suffered more and have been forced to invest more time in meeting family needs. The continent relies heavily on natural resources and rain-fed agriculture. This calls for urgency in meeting commitments to climate…

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2024 Africa Food Systems Forum: Financing needed to boost agriculture

Hon Richard Tusabe, the Minister of State in Charge of the National Treasury for Rwanda has said there is a need to finance the agriculture sector on the African continent to ensure food and nutrition security.   He was speaking during a side event for parliamentarians that was moderated by Dr. Fatimata Lovetta Sesay, the…

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Steward Bank set to expand rural loans programme following boost of $100 million from Strive Masiyiwa

Steward Bank’s rural entrepreneurs initiative has been given a five-year grant of $100 million from the family foundation of Econet founder Strive Masiyiwa.   The money is intended to scale up an existing programme that has been going on for the last three years and has already seen Steward Bank disburse $3 million in rural…

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EcoSure set for extraordinary growth

When most people think about the success of mobile money in Zimbabwe, they immediately think of EcoCash.   But Darlington Mandivenga, the CEO of Econet’s Cassava Fintech group, believes that mobile insurance service EcoSure – the fastest growing potfolio within the group, will in time eclipse EcoCash’s current success.   Last week the Postal and…

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Unity Accord a launchpad for development trajectory: Political parties

The Unity Accord signed exactly
 34 
years 
ago
 witnessed the coming together of 
two
 revolutionary
 parties – ZANU 
and
 ZAPU to
 form
 one

 ZANU (
PF), ending 
disturbances 
in
 the
 southern
 provinces on
 22
 December 1987,
 thanks to the leadership of the 
late
 National
 Heroes
, Cde 
Robert
 Gabriel
 Mugabe
 and
 Joshua
 Mqabuko
 Nyongolo 
Nkomo, thereby spearheading…

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8th TICAD to shore up Japanese-Africa economic cooperation

The African Development Bank Group (www.AfDB.org) will play a key role in the eighth edition of the Tokyo International Conference on African Development (TICAD) taking place in the Tunisian capital, Tunis, this year as Japan—a long-time development partner of Africa—continues to lend its economic weight to the continent’s progress. Running from 27 to 28 August,…

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SA regtech Intergreatme Out to Raise R24m Through Crowdfunding Site Uprise.Africa

SOUTH AFRICA-Johannesburg based regtech Intergreatme is looking to raise a whopping R24-million through crowdfunding platformUprise.Africa in exchange for a 20% share in the startup. The startup — which was founded in 2016 by James Lawson, Dewald Thiart and Luke Warner (pictured above, from left to right) — has an identity management platform which provides users with control of their…

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Ngarivhume scores first victory in challenge of prosecution over anti-looting demo

By Kumbirai Mafunda Harare Magistrate Vongai Guwuriro on Monday 22 November 2021 upheld an application for exception to charges of inciting people to commit public violence filed by opposition Transform Zimbabwe political party leader Jacob Ngarivhume and ordered the State to amend its charge sheet so that it clearly specifies the particularities which created the…

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ZAOGA keeps the legacy of late Archbishop Professor Ezekiel Handinawangu Guti alive

Writes Ronnie Chisamba The passing on of Archibishop Professor Ezekiel Handinawangu Guti has not deterred the ZAOGA church from keeping the late visionary’s vision of a better world for all alive, regardless of race, tribe, or origin. A walkathon was held at Grange Christian School – in the capital – on Saturday morning last week,…

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