Headlines

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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WHO calls for massive health investments

Writes Marlvin Ngiza The World Health Organisation (WHO) has called upon nations to prioritize investing into the health sector for more equitable and prosperous societies and economies. This was said by WHO Director-General, Tedros Ghebreyesus, during a press briefing on global health issues. In his remarks, Ghebreyesus said that low-income countries were failing to rebound…

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Afreximbank Releases Half-Year Results, Shows $343 million in Gross Revenue

The African Export-Import Bank (Afreximbank) has released its unaudited financial statements for the half-year period ended 30 June 2018, showing gross revenue of $343 million. The figure represents a $21 million increase over the gross revenue for the same period in 2017. The results, released by the Bank in Cairo today, attributed the higher gross revenue to a significant increase in fee income by 119 per cent while interest and similar income recorded…

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SAA Excited for Sanganai-Hlanganani World Tourism Expo in Bulawayo: Rewayi

South African Airways (SAA), a leading airline in Africa, is pleased to announce its anticipation for the upcoming Sanganai Hlanganani World Tourism Expo, scheduled to take place in Bulawayo from October 12th to 14th. Julia Rewayi, the Country Manager of South African Airways in Zimbabwe, expresses her enthusiasm for this prominent event. “The Sanganai Hlanganani…

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Huawei Technologies mustn’t be exempted from paying tax: Zimcodd

The Zimbabwe Coalition on Debt and Development (ZIMCODD) has said it is regrettable that the Government of Zimbabwe has updated SI 25 of 2020 exempting Chinese telecommunications giant, Huawei Technologies from paying income tax. The old Statutory Instrument SI 227 of 2019 exempted Huawei from paying income tax since August 2014. This has now been…

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SADC initiates development of its Regional Climate Resilient Water Investment Programme

Ahead of the Summit of Heads of States of the Southern African Development Community (SADC) on 17 August in Harare, Zimbabwe, the SADC secretariat initiated a regional initiative to bolster climate resilience and water security in the region through the SADC Regional Climate Resilient Water Investment Programme (SADC -AIP).   The programme is in collaboration…

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The “High 5s”: A strategic vision and results that are transforming Africa

For the past ten years, Africa has recorded some of the world’s strongest rates of economic growth. At the same time, many African economies continue to function at well below their full potential. Structural transformation is needed to create more jobs, reduce poverty and accomplish sustainable development objectives. The African Development Bank’s (www.AfDB.org) High 5…

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Smart Agriculture, Health Programmes adopted by Cabinet

By Joyce Mukucha Aiming to boost Zimbabwe’s agricultural production as well as improving the resilience of farmers by providing imperative information through internet connectivity, Cabinet has adopted smart agriculture programme. Cabinet also adopted smart health programme which is aimed at avoiding hindrances when it comes to provision of much needed services in the sector. The…

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Zimbabwean political terrain impacted by social media

By Talkmore Thulani Gandiwa Twitter, WhatsApp and Facebook have transformed the way political figures interact with their constituencies. Fifteen years ago, campaigns were drastically different. Reflect back to Robert Mugabe Vs Morgan Tsvangirai election of 2002. There was hardly social media. Facebook was to be launched two years after these elections, and when it came…

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Atlantic Group announces the entry of CDG Group into its capital

CDG Invest has acquired a 20% stake through its Generation Entrepreneurs program in the capital of Atlantic Group. This strategic partnership marks a significant turning point for Atlantic Group and underscores CDG Invest’s confidence in the group’s potential to become a center of excellence in higher education in Morocco. Thanks to this partnership, Atlantic Group…

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Zimbabwe celebrates International Year of Sustainable Tourism for Development

By Byron Mutingwende   In line with the United Nations General Assembly declaration of the year 2017 as the International Year of Sustainable Tourism for Development (IYSTD), Zimbabwe has joined in celebrating this milestone.   The declaration is in recognition of tourism as a critical pillar of economies, a passport to prosperity, and a transformative…

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IOEZ, CBED collaborate to empower Southern African Youth

The Southern Africa Youth Forum (SAYOF) Annual Conference, underway at the Celebration Centre in Borrowdale, Harare, yesterday witnessed the collaborative efforts of two prominent institutions – the Institute Of Entrepreneurs Zimbabwe (IOEZ); and the Centre for Business and Entrepreneurship Development (CBED) – in their quest to capacitate aspiring and established entrepreneurs across the Southern African…

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To what extent should African agriculture continue to be extension-driven?

By Charles Dhewa In much of Africa there is an age-old assumption that agriculture has to be driven by extension. This is visible in how much of the support from governments and development agencies tend to focus mainly on production while neglecting other value chain nodes such as logistics and markets.  More importantly, agriculture has…

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SALT Africa Curbing GBV During Lockdown through Mental Counselling Services

By Joyce Mukucha In pursuit of ending gender-based violence (GBV) in communities during the lockdown, Someone Always Listens To-you (SALT) Africa, a local organisation that focuses on mental health, is making huge strides in offering assistance to GBV victims and survivors through a cocktail of measures to ensure that this scourge does not escalate. SALT…

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United States further supports Zimbabwe’s COVID-19 response

The United States Agency for International Development (USAID) has provided $6 million toward the ongoing response to the COVID-19 pandemic through UNICEF to assist with infection prevention and control measures including water, sanitation, and hygiene (WASH), health, and child protection interventions. This support will build on UNICEF’s overall role to enhance WASH in healthcare facilities…

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Youth group seeks to decentralise economic activities

By Byron Mutingwende   In pursuit of facilitating the empowerment and protection of all youths countrywide, the Youth Business League (YBL) is working to address the uneven business playfield among that demographic group.   “If economic activities in districts are reserved for resident youths, the idea of youth empowerment becomes practical. At YBL we do…

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Communities play critical role in advancement of good health and wellbeing

By Byron Mutingwende   I had travelled a distance of about 50km from Harare to Mwanza Secondary School in the Chikwaka area under Goromonzi District on a fine Friday where the Ministry of Health and Child Care was holding a Community Health Symposium. The meeting afforded an interactive engagement between high level health officials and…

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Zim nurses withdraw court challenge of purported dismissal

By ZLHR Information Department ZIMBABWE Nurses Association has withdrawn its application challenging the termination of employment contracts for some striking nurses employed at state-run hospitals. In a notice of withdrawal filed with the Registrar of the High Court on Thursday 26 April 2018, Zimbabwe Nurses Association said the organisation no longer intends to proceed with…

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Afreximbank Announces $500-Million Facility for Nigerian Manufacturers

The African Export-Import Bank (Afreximbank) will allocate $500 million from its Nigeria-Africa Trade and Investment Promotion Programme to support Nigerian manufacturers to take advantage of the opportunities offered by the African Continental Free Trade Area (AFCFTA) agreement, Bank President Prof. Benedict Oramah, has announced in Lagos. Prof. Oramah, who was the Guest Speaker at the…

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ZHRMP analyses roadmap to 2023 elections

The Zimbabwe Human Rights Monitors Platform (ZHRMP) has said as the country is heading towards the 2023 elections, there is a lot hanging on the recommendation of the Monhlante commission and the 2018 election local and international observer recommendations. In this edition of its National Election Watch (NEW), the organisation observed that human rights violations…

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Government committed to implementing road safety: Minister Mhona

Zimbabwe is committed to cooperation under the United Nations System, and to the adoption of international good practices and standards on road safety, Hon Felix Mhona, the Minister of Transport and Infrastructure Development has said. He made the remarks on the occasion of the Inland Transport Committee  (ITC) Forum for Road Safety High-Level Event held…

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ICIEC, Al Rajhi International sign MOU to implement Agricultural and Food Security Project

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.isdb.org) yesterday signed a Memorandum of Understanding (MoU) with Al-Rajhi International Investment Company (RAII) of Saudi Arabia whereby the two parties would cooperate in synergizing coordination, business development and efficient implementation of projects in the vital agricultural and food security sectors in ICIEC’s…

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Shurugwi residents embark on school building project

By Abigail Mzimbawakhe (Midlands Correspondent)   Shurugwi residents from Dorset Resettlement have decided to embark on a school construction project as their children are walking more than 15 kilometers to the nearest school.   Zimbabwe’s Education Policy requires schools to be within a radius of 5 kilometres from homesteads but children from the area are…

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African countries get new tool to predict climate-related disasters

A new weather forecasting system in Africa allows meteorologists to track approaching storms in real time, potentially saving lives from climate-related disasters, scientists said on Monday.  The technology is already used in developed countries but was not available until recently in most of sub-Saharan Africa, according to scientists behind the project at the University of…

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2021 SADC People’s Summit: Address citizens’ socio-economic and political challenges

A number of civil society organisations including the Zimbabwe Coalition on Debt and Development (ZIMCODD) this week participated in the SADC People’s Summit which is being hosted in Lilongwe, Malawi, from the 17th to the 27th of August 2021, under the theme “Elevate Justice and Equality.” The SADC People’s Summit is a forum of civil…

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COVID-19 generates numerous scams

COVID-19 scams have included supposed cures, fake testing sites and counterfeit personal protective equipment (PPE), Dr Katlego Mothudi, managing director of the Board of Healthcare Funders, a regional healthcare funders’ body, said last week. Addressing an Association of Healthcare Funders of Zimbabwe all stakeholders’ webinar on health on Wednesday, he gave examples of how conmen…

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How can African markets be modernised without losing flavour and identity?

Writes Charles Dhewa   By pulling commodities from diverse production zones, African territorial mass markets have become genuine centres of excellence in food systems where a question about any food commodity receives answers from farmers, traders and consumers who interact in the same space. However, the pace at which these markets are growing calls for…

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Silence is No Longer Golden In Tackling GBV: Epworth Residents Told

By Joyce Mukucha As 16 Days of Activism against Gender Based Violence (GBV) came to a close, Katswe Sistahood together with Trocaire and Plan International joined hands with various churches and the general public of Epworth community in launching the SpeakOut Campaign against Sexual Gender Based Violence (SGBV). Church leaders were urged to fight violence,…

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Marian Chombo pledges economic transformation of Mashonaland West Province

Writes Elvis Dumba Chinhoyi – The newly appointed Mashonaland West Provincial Minister of State for Provincial Affairs and Devolution, Hon Marian Chombo has said she is ready to work with the people to economically transform the province. “We are going to work together with the people of Mashonaland West to transform this province economically so…

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Stakeholder collaboration on track towards eliminating cholera

By Byron Mutingwende Stakeholder collaborative efforts are on the right track towards the elimination of cholera and typhoid. Speaking during the on-going media training workshop on cholera reporting in Mazowe, Dr Portia Manangazira, the Director of Epidemiology and Disease Control in the Ministry of Health and Child Care hailed stakeholder collaboration towards the elimination of…

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Calls for people in the Diaspora to vote intensify

The Zimbabwe Diaspora for Democracy Inc. has called for Zimbabweans to unite and fight the Zimbabwe Electoral Commission (ZEC) to accommodate the Diaspora vote. In a statement, Charles Mutama, the Executive Director Zimbabwe of Diaspora for Democracy Inc. said a toxic political environment emerges in the event that the opposition suspects the ruling ZANU PF…

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