Headlines

Early Christmas present to the vulnerable by philanthropist Xoey Chirenda Chimombe

By Desire Tshuma Philanthropist Xoey Chirenda Chimombe on Saturday donated early Christmas baskets to twenty-five vulnerable community members in Seke Kraal under Chief Seke. Under her organisation, Va Chirenda Centre for Hope Foundation, Xoey who is the founder managed to donate to twenty-five vulnerable community members who include the vulnerable young women, the orphans and…

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Afreximbank expands Trade Finance Intermediary Initiative

During 2020, the African Export-Import Bank (Afreximbank) has increased the number of its Trade Finance Intermediaries (TFIs) to more than 65 in 30 African countries. A key component of the Bank’s business model, the Trade Finance Intermediary initiative enables a smoother delivery of Afreximbank’s initiatives and credit solutions. In line with its charter and mandate, Afreximbank…

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Standard Bank Group Publishes Fossil Fuels Financing Policy

By Staff Reporter Stanbic Bank Zimbabwe’s parent company, Standard Bank Group, in pursuit of improving its management of environmental, social, and governance (ESG) risks, and contributing to the sustainable development of Africa, has published its Fossil Fuels Financing Policy. This follows the adoption in 2019 of policies on lending to Coal-fired power projects and Coal-mining…

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An economy where a dollar generates ten times its value by end of the day

By Charles Dhewa The notion of financial inclusion being promoted across Africa assumes financial institutions like banks and the stock market are excluding the majority of people including SMEs from financial systems. On the contrary, having been subjected to rigid financial systems and policies for decades, SMEs and local people have developed their own financial systems that shut out…

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Report Accurate, Balanced and Fair Information on GBV: Journalists Told

In an effort to address Gender Based Violence (GBV) and facilitating social transformation with the intention of combating GBV, the Musasa Project spearheaded a training workshop of media professionals on GBV, human rights and social inclusion aimed at assisting journalists to report fair, accurate and balanced gender sensitive stories. Members of the media fraternity were…

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Protecting human rights and guarding against corruption are inextricably entwined

By Veritas It is fitting that the International Days for Human Rights and for Anti-Corruption come together because protecting human rights and guarding against corruption are inextricably entwined.  Throughout the world, most human rights violations are committed by authoritarian regimes and dictatorships and totalitarian states which suppress human rights in order to maintain themselves in power.    In…

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FAO and CropLife International strengthen commitment to promote agri-food systems transformation

The Food and Agriculture Organization of the United Nations (FAO) and CropLife International in early October renewed and strengthened their commitment to work together and find new ways to transform agri-food systems and promote rural development through on the ground investment and innovation. During a virtual meeting, FAO Director-General, QU Dongyu, and Giulia Di Tommaso,…

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Food security, agriculture, AfCFTA crucial for Africa’s post-COVID-19 recovery

“The agriculture sector is among the most vulnerable. Agriculture is important not only for food security issues but also for inter-regional food integration,” African Development Bank (www.AfDB.org) Director of Macroeconomic Policy, Forecasting and Research, Hanan Morsy, said during a news conference on the opening day of the African Economic Conference 2020. “We see this as…

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UNICEF, Government Win Global Award Innovation in Rural WASH

The Government of Zimbabwe and UNICEF are excited at being selected for the Million Lives Club award and commend the excellent work of Zimbabwe’s WASH National Action Committee for its effort in establishing the Rural WASH Information Management System (RWIMS). The two stakeholders have become an official member of the Million Lives Club, an initiative…

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AfCFTA: Afreximbank supports factoring as a viable alternative source of finance for SMEs

The African Export-Import Bank (Afreximbank) considers factoring as a viable alternative financing instrument for supporting Small and Medium-sized Enterprises (SMEs) at a time when traditional commercial bank lending is tightening while trading is about to begin under the African Continental Free Trade Area (AfCFTA). Kanayo Awani, Managing Director of Afreximbank’s Intra-African Trade Initiative and Chairperson…

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African filmmakers join UN Verified Initiative Against COVID-19 Misinformation

The MultiChoice Talent Factory collaborates in support of United Nations campaign urging everyone to #PledgeToPause Seven short films aimed at combating COVID-19 misinformation have been produced by the 2020 cohort of the MultiChoice Talent Factory Academy, putting the talents of young African filmmakers to work on one of the biggest challenges of our time.  The…

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Action Aid Zimbabwe at the Forefront of Building Resilience to Shocks and Disasters

By Joice Mukucha (Staff reporter) Action Aid Zimbabwe is at the forefront of building the country’s resilience to climate change-induced shocks and disasters that affect food and nutrition security. The institution has partnered the Government in launching the Zimbabwe Food Security Policy Brief after noticing the impacts of climate change-induced shocks such as Cyclone Idai…

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Enabling legal instruments crucial for enhanced private sector investment

Sowell Chikwari (Staff Writer) Zimbabwe and Malawi have moved to expedite the creation of an enabling environment for increased private sector participation and investment in the two countries to stimulate trade and economic growth. This comes as trade between the two countries has declined over the years from a total of US$47 million in 2014…

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Reconciliation Key to A Peaceful Future: NPRC

Ahead of the 2023 hamornised elections, the National Peace and Reconciliation Commission (NPRC) is continuing to situate public hearings views from the stakeholders in order to develop a structured plan of transitioning Zimbabwe from a conflictual past to a harmonious peaceful future. The organisation is being guided by its Constitutional mandate to conduct hearings as…

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Econet responds to Cyclone Idai emergency with $5 million

HigherLife Foundation hands over maternal health medical equipment

Through a generous investment from ELMA Philanthropies, Higherlife Foundation on 10 December 2020 commenced the handover of maternal health medical equipment to seven hospitals in Zimbabwe. The COVID-19 pandemic has disrupted the provision of essential maternal and neonatal health services and severely eroded the steady gains that Zimbabwe had made in improving mortality rates. Over…

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Historic virtual Econet Victoria Falls Marathon set to roar into life this Sunday

ABOUT 5 000 local and international athletes are expected to take part in this year’s Econet Victoria Falls Marathon on Sunday, now easily one of Africa’s largest marathons. This year the popular event, which normally takes place in June or July, is being held virtually on December 13, due to restrictions imposed by the COVID-19…

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CBZ and FBC win Best Corporate Governance Disclosure awards

CBZ Holdings was declared the overall winner of the Best Corporate Governance Disclosures Award for listed companies at the Institute of Chartered Secretaries and Administrators Excellence in Corporate Governance Awards ceremony at Cresta Lodge in Harare on Wednesday evening. The first runner-up was Econet Wireless Zimbabwe. The second runner-up was First Mutual Holdings. FBC Bank…

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Zimnat adopts machine learning and artificial intelligence through partnership with Zindi

The Zimnat Group has partnered with Zindi, an African data scientist’s community which gives organisations and governments access to world-class machine learning and AI solutions through a talented community of data scientists. The partnership has to date seen the Zindi community develop solutions that has assisted Zimnat to make life better for its customers. Some…

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ZACC Commemorates UN International Anti- Corruption Day

As Zimbabwe joins the rest of the world in commemorating the United Nations International Anti-Corruption Day, the Zimbabwe Anti-Corruption Commission (ZACC) has said it continues to uphold the integrity and principles of good governance for a corruption-free Zimbabwe by 2030. Addressing members of the press on the 9th of December 2020 in Harare, the ZACC…

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Samsung integrates SmartThings with Google Nest

Samsung extended a smart home partnership with Google to allow its users to control Nest products via smart devices, as the South Korean vendor moves to broaden its consumer IoT footprint. In a statement, the smartphone giant said the upcoming integration will allow its SmartThings platform to access and operate Nest devices including thermostats, doorbells…

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COVID-19 exacerbated human rights abuses and negatively impacted healthcare delivery: ZADHR

The Zimbabwe Association of Doctors for Human Rights (ZADHR) has said COVID-19 fuelled the abuse of human rights and negatively affected health service delivery in the country. The statement comes as the organisation joins the rest of the world today 10 December 2020 in commemorating International Human Rights Day (IHRD) under the theme “Recover Better…

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Ramaphosa is selling off South Africa’s iconic wildlife – and it needs to stop

By Jason Baker Should the president of South Africa be trading in protected species and pocketing huge sums of money from their deaths? PETA (www.PETA.org) released an undercover investigation (https://bit.ly/3oBOk6q) exposing Cyril Ramaphosa’s carefully concealed – but extensive – trophy hunting interests. At his Phala Phala game-breeding operation, Ramaphosa breeds and sells animals to be gunned down…

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Include PWDs’ Contributions to National Development: CSOs

By Joyce Mukucha and Anyway Yotamu The United Nations in conjunction with The Space and Signs of Hope Trust are joining hands in spearheading the #I’m Able Initiative campaign that seeks to raise awareness throughout society regarding Persons with Disabilities (PWDs). The initiative’s main thrust is targeted at combating prejudices, harmful practices, and negative perceptions…

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COVID-19: UK Extends Vital Support to 750,000 People Across Southern Africa

As Zimbabwe is feeling the effects of a declining economic and humanitarian situation which has been compounded by Covid-19, recently, the UK announced £7 million to provide much-needed essential services and food assistance to almost 750,000 people, including 14,000 households and nearly half a million migrants who have been adversely affected by the COVID-19 pandemic…

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Driverless car inventor William Sachiti for Global Zimbabweans interview

By Anyway Yotamu Zimbabwean-born British inventor William Sachiti, is set to talk about the successful maiden official run of his driverless car in the UK, Thursday’s online show; Celebrating Global Zimbabweans with Kim Jayde. Sachiti’s autonomous vehicle; the Kar-go recently got approved to operate on the streets of the UK and complete it’s first run…

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NPRC Working Towards Building a Peaceful Nation

By Joyce Mukucha The National Peace and Reconciliation Commission (NPRC), an independent commission that promotes national peace, healing, reconciliation, and social cohesion is preparing to conduct public and private hearings with Provincial Peace Committee as it seeks to build a peaceful Zimbabwe for all generations. The hearings will be carried out in all ten provinces…

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AfCFTA: New tool enables African businesses to find continent-wide trade opportunities

A new trade intelligence tool that enables firms to easily explore and compare trade opportunities across Africa has been released ahead of the start of trading under the new African Continental Free Trade Area. The African Trade Observatory was rolled out by the African Union (AU), the European Union (EU) Commission and the International Trade Centre (ITC)…

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African Artists and Youths Uniting in African Union (AU) Pledge for Peace

A pledge to end all forms of violence and set in motion a grassroots civil society campaign to promote peace was launched on 7 December 2020 by a coalition of community activists, artists, victims of war, academics, business leaders, and African youths. Emmanuel Jal, a spokesperson for the coalition and a prominent peace campaigner, said:…

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The Governing Council of the Pan-African Payment and Settlement System Holds Inaugural Meeting

The interim Governing Council of the Pan-African Payment and Settlement System (PAPSS) held its inaugural meeting in Cairo on 3 December 2020, a historic step towards the operationalization of the payment system. Developed by African Export-Import Bank (Afreximbank), under the auspices of the African Continental Free Trade Area (AfCFTA) Secretariat and the African Union (AU),…

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