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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CHRDA condemns killing, public dragging of Anglophones in Cameroon

The Center for Human Rights and Democracy in Africa (“CHRDA”) (https://CHRDA.org) is stunned by the trends of events in the Anglophone Northwest and Southwest Regions of Cameroon and by the degeneration of events tending to affect neighboUring Francophone Region of the West Region. Because of these, CHRDA alerts the government of an impending hate crime,…

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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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Naspers to Invest $1 Billion in The Indian Food Delivering App, Swiggy

Naspers, the South African investment giant, is back at it in India! Days after backing educational startup Byju’s by leading a $540 million investment, it has led a $1 billion investment in food delivery company Swiggy. The new round sees Chinese internet and Naspers ally Tencent join the party, alongside fellow new investors Hillhouse Capital and Wellington Management…

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Discord, a Gaming Chat Startup Raises $150M, Surpassing $ 2B Valuation

Discord Inc., which makes chat software popular among videogame players, said it is now valued at $2.05 billion after a new funding round, the startup’s second this year as it expands its footprint into sales and subscriptions in the fast-growing game industry. Greenoaks Capital led the negotiations with Firstmark, Tencent, IVP, Index Ventures and Know-how Alternative…

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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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Kwesé iflix Partners With BusTop TV in a Bid to Promote Local Content

Kwesé iflix has partnered media company, BusTop TV in coming up with a comedy series, Comic Tick, on the Kwesé iflix platform. Comic Tick features Zimbabwe’s finest stand-up comedians. The first season has 10 episodes and features stand-up comedians Doc Vikela, Mandla Da Comedian and C’skhanyiso Dat Guy among others. In each episode, viewers will get…

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MTN Group Appoints New 5 Executives

MTN Group has announced the appointment of several executives, including the position of Chief Technology & Information Officer and Executive for Corporate Services & Sustainability. Charles Molapisi has been appointed as the company’s Group Chief Technology and Information Officer, effective 1 January 2019. His appointment follows Babak Fouladi’s resignation from the company to take up…

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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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Naspers Leads R7.7-Billion Investment in Indian Tech Startup

Naspers and Canada’s state pension fund have invested $540 million (R7.77 billion) in Indian educational technology startup Byju’s. Bengaluru-based Byju’s launched a learning app in 2015 that offers tools for school students in India, a country with the world’s largest number of children in primary education. The latest investment values the firm at around $3.6…

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BMW’s Premium Online Ride-hailing Service Launched in China

BMW has joined a handful of automakers to compete with transportation upstart Didi Chuxing, which bought Uber’s Chinese business in 2016. BMW has become one of the first foreign companies to be granted a ride-hailing operating license in China. Last Friday, the German luxury carmaker launched a premium ride-hailing service in Chengdu, the capital of China’s Sichuan…

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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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Ghana’s First Lady Joins Network of African Leaders for Nutrition Champion

The African Leaders for Nutrition (ALN) initiative is a platform for high-level advocacy and engagement to advance nutrition in Africa, endorsed by the Assembly of Heads of State and Governments of the African Union (AU) The African Leaders for Nutrition on Monday inaugurated Ghana’s first lady Rebecca Akufo-Addo as a Nutrition Champion, acknowledging her work…

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Cartoon network and TNT to launch in HD on DSTV

DStv customers can look forward to enjoying their favourite kids and general entertainment channels, Cartoon Network and TNT, in high-definition from 18 December.   As part of its ongoing commitment towards re-imagining television for its African audiences, Turner will launch its first high-definition channels, Cartoon Network and TNT, on 18 December on DStv in Africa. …

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Cassava Smartech Zimbabwe Listing on Tomorrow, December 18

Econet Wireless Zimbabwe’s fintech business Cassava Smartech Zimbabwe Limited (CSZL) will be listed on the Zimbabwe Stock Exchange (ZSE) tomorrow. This comes after regulatory approvals to spin off the telecoms giant’s smart technology and financial technology businesses under a new holding company CSZL. The company controls 100 percent of Steward Bank, 100 percent EcoCash Limited,…

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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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