Strive Masiyiwa Buys Back Mascom Botswana For USD$300 Million

Masiyiwa salutes frontline healthcare workers in the Diaspora & in Africa

Econet founder and Africa Union Special Envoy for COVID-19, philanthropist and businessman Strive Masiyiwa, has paid a stirring tribute to African frontline health professionals working in the Diaspora, as well as all healthcare workers serving on the African continent. Writing on his popular Facebook blog, the businessman expresses his gratitude to the health professionals for…

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Children’s Republic Association advances the rights of vulnerable children

By Clemence Muchedzi The Children’s Republic Association is advocating the rights of vulnerable children living on the streets has called the societies to stand for the less privileged. The Founder of the organization, Chiedza Nyanyiwa said, “The vision of Children’s Republic Association is a society in which laws and policies are protective of underprivileged children….

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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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Impressive results under Zimbabwe UN Sustainable Development Cooperation Framework recorded

The 2022-2026 Zimbabwe UN Sustainable Development Cooperation Framework (ZUNSDCF) Steering Committee and stakeholders convened jointly by the Chief Secretary to the President and Cabinet, Dr Misheck JM Sibanda and the UN Resident and Humanitarian Coordinator Mr Edward Kallon reviewed development results in 2022 and endorsed plans for 2023. The ZUNSDCF, delivering US$524 million in various…

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2023 Elections: Nomination fees a major systemic barrier for women’s participation

The Zimbabwe Gender Commission (ZGC) has noted with concern the position that was taken by Parliament to retain the nomination fees for all electoral candidates. This is a major systemic barrier to women’s participation in taking up leadership positions in the upcoming harmonised elections set for August 23, 2023. The fees published by the Zimbabwe…

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Rivals BMW and Daimler Merging With a $1 billion Investment on the Future of Transportation

BMW and Daimler are putting more than $1 billion into a joint venture that will develop ride-sharing, charging and parking services. The rival German carmakers announced the investment in Berlin, describing their mobility business as a “global game changer” that could help fend off challenges from upstarts including Uber. “Our mobility services have developed a…

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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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Orange Money a major mobile money player in Africa

Orange Money is now one of the Group’s leading growth drivers and continues to evolve to better serve people, companies, institutions and governments Orange Money, Orange’s (www.Orange.com) mobile money solution, is celebrating its 10th anniversary. Launched in 2008, the service currently has 40 million customers and is available in 17 countries, reaching €26 billion in transactions in…

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SafAIDS youth programme addresses cultural barriers to HIV

By Nevson Mpofu Tradition and culture negatively impact programmes that empower many promising young people. Although young people might still be disadvantaged by several social , economic and political factors related to culture and tradition, SAFAIDS, an HIV and AIDS regional organisation has taken a stance towards African values which over the past decades have…

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FEDA makes its inaugural investment into Liquid Intelligent Technologies

The African Export-Import Bank (Afreximbank) has announced a minority investment by the Fund for Export Development in Africa (FEDA) into Liquid Intelligent Technologies (Liquid), a pan-African telecommunications technology group. This is the first investment made by FEDA, a development impact-oriented subsidiary of Afreximbank, which provides equity and quasi-equity funding to companies developing trade and value-added…

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Namibia gets AfDB water and sanitation grant

The Board of Directors of the African Development Bank (https://www.AfDB.org/en) on Wednesday approved a $121.7 million loan (ZAR 1.893 billion) and Euro 3 million grant from the Rural Water Supply Sanitation Initiative Trust Fund to support Namibia’s “Water Sector Support Program”. The program will facilitate sustainable production and transfer of water resources to improve access…

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Feed Africa Summit: AfDB commits $10 billion to enhance continent’s agriculture productivity

The African Development Bank Group will commit $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world. Bank Group President, Dr. Akinwumi Adesina, announced Wednesday at the Dakar 2 Africa Food Summit in Diamniadio, east of the…

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World Refugee Day commemoration at the Pan-African Parliament

The Department of Home Affairs of the Republic of South Africa, the Pan-African Parliament (PAP), the African Peer Review Mechanism (APRM) and UNHCR, the UN Refugee Agency will commemorate the World Refugee Day at the Pan-African Parliament (Midrand) on 20 June. In line with the African Union 2019 theme “Year of Refugees, Returnees and Internally…

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TICON Africa’s awards show that the continent has the skills to develop a sustainable future

A wealth of talent was recently recognised at TICON Africa’s (The Technology Information Confederation Africa) annual Conference in Mombasa, Kenya, with nominations for individuals who demonstrated a wealth of knowledge and practically applied this for the betterment of Africa having been received.   Dr Jannie Zaaiman, Secretary General of TICON Africa, says that the panel had the difficult task of selecting winners due…

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Over 3 million Tanzanian, Kenyan people to benefit from AfDB’s €345 million road construction support

The total amount of co-financing is expected to be more than $ 1.2 billion when subsequent phases of the project are concluded Over three million people in Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s (https://www.AfDB.org/) board in Abidjan on Thursday. The…

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UN encourages women to run businesses

By Hillary Munedzi The United Nations Global Marketplace (UNGM) secretariat is working on providing opportunities for women in business in line with Sustainable Development Goals (SDGs). Speaking during the UNGM procurement seminar held in conjunction with Zimtrade at a local Hotel in Harare recently, Mr. Balakrishnan Amirthalingam, the Chief of the Global Procurement Support Section of…

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Huawei puts chips on China partners for device revival

By Chris Donkin Huawei deputy chairman Guo Ping (pictured) told staff the company would not exit the smartphone business despite severe supply chain issues, CNBC reported, tipping developments in China’s chip manufacturing sector to fuel a return to its former position. Citing comments made in a Huawei internal Q&A session, the news website noted the company planned…

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Community nutrition gardens helping smallholder farmers

By Hillary Munedzi Community nutrition gardens have the potential to transform urban communities and increase local opportunities to eat better and fight poverty caused by soaring food and fuel price inflation imposed by the war in Ukraine. Community nutrition gardens are mostly found in rural areas as they have ample space. Implementing the concept in…

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Europe’s women largely under-represented in international trade, study finds

Only 20% of European Union exporting companies are owned, led or managed by women. (Brussels-Geneva) – Women are under-represented among companies in agriculture and manufacturing sectors engaged in external European Union trade and women-led companies are mostly found in sectors with lower export growth potential. These are some of the findings of From Europe to the…

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Corruption at NSSA: A case of stealing from the poor

By Zimbabwe Coalition on Debt and Development (ZIMCODD) The National Social Security Authority (NSSA) was established in 1989 with the primary mandate of providing sustainable social security schemes for civil servants and employees in Zimbabwe, governed primarily by the National Social Security Authority (NSSA) Act of 1989, Chapter 17: 04. Following, NSSA was established to…

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ZOCC establishes provincial structures, 25 members elected

The Zimbabwe Online Content Creators (ZOCC) has successfully established provincial structures after 25 members were elected to represent the association across the country’s 10 provinces. According to article 1, section 4 of the ZOCC constitution, the provinces are called chapters and are defined by their geographical landscapes. The 25 members were elected and endorsed to…

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By Byron Mutingwende Zimbabwean civil society organisations (CSOs) have called for transparency and accountability in public finance management. This emerged at a workshop organised by the Zimbabwe Coalition on Debt and Development (ZIMCODD) at its Harare office meant to empower citizens to demand and influence transparent and accountable public finance management in Zimbabwe. The officials…

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BancEasy Microfinance launches Digital Civil Servant “Easy” loans

BancEasy Zimbabwe, the microfinance subsidiary of BancABC has today unveiled its new digital civil servant loans product. The launch of the new digital offering is another giant step in the bank’s aggressive digital transformation agenda which commenced last year. BancEasy is a registered microfinance that was incorporated in 2012 and is part of the ABC…

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DPA powers Total service stations with solar

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…

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SADC Inter-Ministerial Task Force deliberates on addressing border challenges between Zambia and DRC

The Southern African Development Community (SADC) held an Inter-Ministerial Task Force Meeting of Ministers of Trade, Transport, Infrastructure and Security Portfolios from the Democratic Republic of Congo (DRC) and from the Republic of Zambia on the Resolution of the Perennial Challenges Affecting the Kasumbalesa and other Border Posts on 09 May 2024 in Kinshasa, DRC….

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New movie “Shaina” delivers powerful health messages through a compelling story about young Zimbabweans

After the Success of “Inside Story” and “Lucky Specials”, USAID Collaborates with High Profile Zimbabwean Actors to Deliver a Unique Coming-of-Age Story As part of a media initiative to empower adolescent girls and young women in Sub-Saharan Africa, the U.S. Agency for International Development (USAID) funded the production of the feature-length film, Shaina, premiering on…

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Chegutu Municipality embarks on massive water and sewer system upgrade

Writes Admire Chitsungo Journalists from Mashonaland West last week toured various water and sewer projects that are being undertaken by Chegutu Municipality. The town was hit hard by cholera in 2008, recording over 200 deaths and in hedging the community from any eventualities, they invested in a water and sewer reticulation system to replace the…

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The African Union and the African Risk Capacity Group launch the Gender and Disaster Risk Management Platform

To ensure the integration of gender equality and women empowerment issues in the disaster risk management (DRM) landscape, the African Union (AU) and the African Risk Capacity (ARC), have launched the Gender and Disaster Risk Management (DRM) platform. The new platform is expected to contribute to the development and management of knowledge on the issues…

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Economic Governance Watch: Companies to Keep Register of Beneficial Owners

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…

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WTO Landmark Agreement will boost COVID-19 vaccines production: SA

The South African government, local vaccine manufacturers, and organised labour yesterday welcomed the agreement at the World Trade Organisation (WTO) that can support the production of Covid-19 vaccines in developing countries. The agreement allows governments to authorize local manufacturers to produce vaccines or their ingredients, substances, or elements and utilize processes that are covered by…

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Medical doctor spearheads hospital development project in Victoria Falls

Dr. Allan Nhapi, a Zimbabwean medical doctor based in Australia is spearheading the development of a state-of-the-art hospital in the majestic Victoria Falls City. Addressing journalists at the Rainbow Towers Hotel in Harare soon after his arrival in the country from the United Arab Emirates where he participated at the 2020 Dubai Expo where he…

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African Development Bank unveils new Ten-Year Strategy 2024–2033

The African Development Bank Group (www.AfDB.org) has unveiled its new Ten-Year Strategy 2024–2033 (https://apo-opa.co/4aKxNom), a blueprint to confront Africa’s pressing challenges and to help put the continent firmly back on track towards sustained economic growth and prosperity. Unveiling the strategy during the Bank Group’s Annual Meetings in Nairobi, Kenya, African Development Bank Group President Akinwumi Adesina…

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