Business
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Zimbabwe’s Structured Currency: Unique but not exactly useful
Writes Sermon Mazheve The Zimbabwe economic experiment continues. They say once bitten twice shy, Zimbabwean citizens have been beaten so much by the central bank they have lost count! The new Governor of the Reserve Bank of Zimbabwe Dr John Mushayavanhu is yet to announce another unique form of currency that to the best of…
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Interrogating Zimbabwe’s New Currency
Writes Engineer Jacob Kudzayi Mutisi Today Zimbabwe launches a new currency. The key question is: Were you consulted about the NEW currency? The whole approach needs to be changed. The true value of money is in the public confidence. Zimbabwe has had a turbulent history with its currency, marked by hyperinflation and multiple currency failures…
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ZINARA takes Parliament on a tour of Mbudzi Interchange
Writes Muchimba Faro, Parliament of Zimbabwe Media Desk The Parliamentary Portfolio Committee on Transport and Infrastructural Development is on a three-day tour, starting with the Mbudzi Interchange, to get an appreciation of infrastructural development projects across the country including road rehabilitation. The Committee is accompanied by officials from the Zimbabwe National Road Administration (ZINARA).…
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Registrar of companies implements first response to devolution
By Hopewell Chibvongodze Harare, April 04, 2024 – The Department of Deeds, Companies, and Intellectual Property is implementing an Intellectual Property Management System (IPAS 4.0) which will allow online application of Intellectual property. In an Interview, the organisation’s chief registrar, Willie Mushayi, said this is a web system, which will allow an online transaction that…
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Zimbabwe declares drought a disaster, joining Malawi and Zambia
Zimbabwe’s president declared a state of national disaster over a drought that’s curbed farm output in the southern African nation. The announcement follows similar declarations last month in neighbouring Zambia and Malawi, where poor rainfall has cut production of the staple corn and other grains and contributed to higher food prices that have hurt poor…
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Transforming agricultural shows, trade fairs and competitions into genuine knowledge management platforms
Writes Charles Dhewa Who really benefits from expos such as agricultural shows, trade fairs, food festivals, cooking competitions, and several other bandwagons? How do those who benefit do so? Without clear methods for evaluating these events, it is difficult to get correct answers to such questions. There is a strong feeling among many people that…
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Matetsi Victoria Falls appoints DACH Market Representation
(Victoria Falls, Zimbabwe) April 2024 – Family-owned and independently run, Matetsi Victoria Falls is a beautifully designed, award-winning, luxury safari lodge situated on the banks of the Zambezi River, within its own 136,000-acre pristine wilderness – Matetsi Private Game Reserve – offering a truly unique experience, that can be enjoyed by guests from around the…
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How SADC can promote industrialisation for resilient and sustainable economic growth
Kudzai Taruvinga Industrialisation is the period of social and economic change that transforms a human group from an agrarian society into an industrial society. This involves an extensive re-organisation of an economy for manufacturing. Industrialisation, with strong linkages to domestic economies, will help African countries achieve high growth rates, diversify their economies and reduce their…
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FAO, West African Nations To Tackle Flood Impacts On Food Security
The Food and Agriculture Organisation of the United Nations (FAO) and representatives from West African nations have converged on Abuja to explore diverse ideas to better handle flood risks affecting food security in the sub-region. The goal is to foster a collective approach towards more proactive flood risk mitigation with shared knowledge from different actors…
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New Immigration rules a new form of modern day slavery for Care Workers
By Eng Jacob Kudzayi Mutisi In a move aimed at reducing legal migration numbers to the UK by around 300,000, on Monday, 4 December 2023, the Home Secretary unveiled a series of significant measures, including introducing laws that ban care workers from bringing in their dependents. The protectors of immigrants should emphasise on the importance…
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Swedish Embassy in Strategic Partnerships in Economic Empowerment, Environment and Climate Change
The Embassy of Sweden in Zimbabwe’s partnerships are driven by the strategic imperative to create space for the pursuit of new strategic areas, particularly within Economic Empowerment and Environment and Climate Change. The remarks, through a press release, come as the Embassy has been made aware of an article circulating published by The Mirror, 28…
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EU driving initiatives on women empowerment in Zimbabwe
The European Union (EU) is a key partner with the Government of Zimbabwe and other stakeholders in driving women’s empowerment in the country. On 27 March 2024, Team Europe, joined by Switzerland, hosted a special event in Epworth to celebrate International Women’s Day. Honourable Monica Mutsvangwa, the Minister of Women Affairs, Community, Small and Medium…
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Zimbabwe Showcased in Global Video Series: Climate Action Explained
Zimbabwe takes center stage in a groundbreaking video series titled Climate Action Explained, spotlighting exemplary initiatives worldwide in combatting climate change. This initiative comes at a crucial moment as countries grapple with the escalating impacts of climate change. The series, featuring four compelling narratives, delves into the human dimension of climate action, narrated by esteemed…
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Announcing the Zimbabwe Investment Summit – 2nd and 3rd May, 2024
On 2nd and 3rd May 2024, Zimbabwe Minister of Finance, Economic Development and Investment Promotion, Hon. Prof. Mthuli Ncube, and Mr. Tafadzwa Chinamo, the CEO of Zimbabwe Investment Development Agency (ZIDA) will host an investment summit at the Radisson Hotel, Kempton Park, near OR Tambo International. The summit theme “People you can invest in” is…
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ZIST Makes Waves: Hosting the Business Leaders Forum Launch
Writes Nyasha Machekano In the heart of Harare, a groundbreaking event is set to unfold that promises to shape the future of commerce in Zimbabwe. The Zimbabwe Institute of Strategic Thinking (ZIST) is poised to host the inaugural Business Leaders Forum on March 28, 2024. This forum isn’t just another conference; it’s a beacon of…
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Asia’s vision for collaboration, global responsibility
“The center of gravity of global economic development is shifting to Asia. With the rapid rise of Southeast Asian countries such as Malaysia and Indonesia, Asia has now become the most dynamic and vital region in the world, and China through the ‘Belt and Road’ Initiative and other projects, cooperation with neighboring countries, is playing…
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NetOne’s Crackdown on Unauthorised Airtime Dealers: Protecting Consumers and Curbing Exorbitant Prices
Mobile network operators play a vital role in providing communication services to millions of people worldwide. In Zimbabwe, NetOne stands as one of the leading telecommunications providers, catering to a significant portion of the population. However, a concerning issue has emerged in recent times, with unauthorized airtime dealers selling NetOne airtime and SIM cards at…
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Presidential solar scheme on the cards
Staff Writer In yet another innovation for the Second Republic, a new Presidential Solar Scheme is being rolled out in Glein View Harare, and is expected to go across the country’s 10 provinces by an independent power producer which says it will rent rooftops of homes to install solar panels to generate power to be…
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NetOne distances itself from inflated Zimbabwe dollar, USD rate for airtime
NetOne, the leading government-owned mobile telephone company has dismissed a post by journalist Hopewell Chin’ono alleging that it is now using a rate of Z$40,000 to US$1 for airtime sales. In his post on X, formerly Twitter, Chin’ono argues that Zimbabwe is in hyperinflation and has the highest inflation rate in the world. “Hyperinflation is…
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ZPHCA grassroots women building back communities devastated by disasters
The Zimbabwe Parents of Handicapped Children Association (ZPHCA), through working closely with grassroots women, is taking a leading role in building back their families and communities affected by climate change in Zimbabwe. On the 25th of March 2024, 24 grassroots women affected by climate change gathered in Harare for a Reflection, Planning, and Consultative Forum…
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Mashonaland West targets to surpass 45 000 hectares of Winter Wheat
Writes Elvis Dumba Banket – Mashonaland West Province intends to surpass 45,000 hectares of irrigated wheat as the winter wheat season for 2024 beckons. This was revealed by Mashonaland West Province Minister of State for Provincial Affairs and Devolution, Hon Marian Chombo during an agricultural stakeholders interactive meeting on agricultural programs held at Banket Sports…
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SECZim Empowers Young Minds at GMW Financial Literacy Exhibition
In a bid to promote financial literacy among Zimbabwe’s youth, the Securities and Exchange Commission of Zimbabwe (SECZim) participated in the second edition of Global Money Week (GMW) schools’ financial literacy exhibition hosted by the Reserve Bank of Zimbabwe (RBZ) at their sports club in Mabelreign, Harare. The campaign, which commenced on 18 March 2024…
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Vision 2030 a key tool to build a lasting legacy
Writes Dr Tinashe Muzamhindo Introduction: Vision 2030 remains a brilliant and strategic plan to foster growth and development in Zimbabwe. Developing a robust plan to achieve Vision 2030 is essential for guiding collective efforts towards sustainable development in Zimbabwe. President Mnangagwa’s Vision 2030 for Zimbabwe exemplifies his exceptional leadership qualities and an unwavering commitment to…
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‘Opportunity Crops’ Could Boost Nutrition across Africa
Agriculturist Cary Fowler is best known as the former executive director of the Global Crop Diversity Trust and co-founder of the Svalbard Global Seed Vault, which houses more than 1.2 million seed samples covering every crop variety imaginable on an island in the Norwegian Arctic. Now he’s engaged in an ambitious new plan to use the genes…
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NetOne Pvt Ltd Boasts Extensive Network Coverage, Empowering Rural Connectivity
In this digital age, where connectivity is key, NetOne Pvt Ltd has emerged as a powerhouse in the Zimbabwean telecommunications industry. With an expansive network coverage that extends to even the most remote areas, NetOne is bridging the digital divide and empowering marginalized communities across the country. The company’s Chief Commercial Officer, Mr. Learnmore Musunda,…
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50 women, youth entrepreneurs sponsored to train in e-commerce
Writes Hopewell Chibvongodze Harare, March 21, 2024 – A local online company has offered scholarships to 50 women and youth entrepreneurs to train in e-commerce. “This program aims to equip them with the necessary skills and knowledge to thrive in the digital economy. Additionally, upon completion of the training program, Tofara Online is committed to…
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Flowing Towards Harmony: Using Transboundary Water Cooperation for Peace in Southern Africa
Written by Dr Loreen Katiyo, Transboundary Water Governance & Environmental Specialist- GWPSA and Leticia Ngorima, Regional Communications Specialist-GWPSA Growing populations and climatic impacts are placing unprecedented pressure on water resources. This is true of the Southern African Development Community (SADC) region which comprises 16 Member States, whose population in 2018, was estimated to be at…
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Zimbabwe seeks to double internet penetration
Writes Hopewell Chibvongodze Harare, March 21, 2024 – Zimbabwe seeks to improve internet connectivity by doubling penetration from the current 70 percent to make e-commerce thrive, Information Communication Technology, Postal and Courier Services Minister, Tatenda Mavetera has said. Mavetera made the remarks on Wednesday in Harare during the Zimbabwe e-trade preparedness assessment national multi-stakeholder consultations…
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MEO and iBASIS Expand Global Partnership in Voice and Mobile Services
iBASIS, the leading provider of communications solutions for operators and digital players worldwide, and MEO, the leading Portuguese telecommunications operator through its Altice Wholesale Solutions business, have renewed their outsourcing agreement as preferred partners for international Voice and Mobile services. The strategic partnership has also been expanded to include international outbound SMS and 5G mobile…
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Zimbabwe records strides in upholding women and girls’ rights
Zimbabwe has made commendable progress in upholding the human rights of women and girls as equal citizens, a senior United Nations official has said. These were part of the remarks by UN Resident and Humanitarian Coordinator for Zimbabwe, His Excellency Edward Kallon, at the UN Women International Women’s Day Reception in Harare on Wednesday 20…
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Human Development Report: Increasing polarisation and conflict among major challenges
The world is witnessing increasing polarization, populism, nativism, exclusion, and conflict, according to the 2023-24 Human Development Report (HDR). This was revealed by His Excellency Mr. Edward Kallon, the UN Resident and Humanitarian Coordinator at the dialogue session of the 2023-2024 HDR today 20 March 2024 at Cresta Lodge in Harare. Key dignitaries during the…
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Gene editing: Time for SA to embrace plant breeding innovations
Plant breeding innovations have significant benefits to offer South Africa. Innovative breeding technologies can help to protect and grow our agriculture and retail sectors, which will also lead to further job creation and economic revenue. These technological advances in plant breeding can also provide enhanced food security at a time when economic and geopolitical realities have…
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Economies not backed by local manufacturing are markets for other countries
Writes Charles Dhewa Most African economies are now driven by the trading of external commodities that are not backed by local manufacturing. For example, in addition to imported food, second-hand clothes businesses are draining African resources as traders import used clothes from Asia and the Global North. Such unfortunate practices are creating employment in countries…
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USD6 million project for Sustainable Development in the Limpopo River Basin launched
In a landmark development, Ministers responsible for Water Affairs from the Republics of Botswana, Mozambique, South Africa and Zimbabwe gathered in Musina, South Africa on 14 March 2024 to officially launch the “Integrated Transboundary River Basin Management for the Sustainable Development of the Limpopo River Basin (LIMCOM-UNDP/GEF project).” The Ministers pledged to ensure that the…
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Zimbabwe celebrates 2024 World Social Work Day
Zimbabwe today celebrates the 2024 World Social Work Day. In her speech to celebrate the day at an event held in the Harare Gardens, the Deputy Minister of Public Service, Labour and Social Welfare, Hon. Mercy M. Dinha said this year’s theme ‘Buen Vivir: Shared Future for Transformative Change’ resonates with the rich and long-cherished…
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Gastronomy heritage promotes a healthy and sustainable society: Tourism Minister
Cookout Competitions introduced by First Lady Auxillia Mnangagwa are in line with the President’s vision of making Zimbabwe an empowered upper-middle-income economy by 2030 so gastronomy heritage is a powerful enabler of a healthy and sustainable society, Hon Barbra Rwodzi, the Minister of Tourism and Hospitality Industry has said. Hon Rwodzi made the remarks during…
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HOSPAZ celebrates Global Money Week (18-24 March 2024) on the Global Platform!
Hospice and Palliative Care Association of Zimbabwe (HOSPAZ) and the whole Aflatoun movement are happy to announce the return of Global Money Week and Aflatoun Day celebrations this March. What is Global Money Week (GMW)? GMW is an annual global initiative raising awareness about the importance of financial literacy so that young people, from an…
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SECZim, Securities Market Intermediaries on Nationwide Financial Literacy Programs
The Securities and Exchange Commission of Zimbabwe in collaboration with Securities Market Intermediaries (SMIs) (licensed entities), including ZB Transfer Secretaries, Custodial and Trustee services, Alpha Asset Management, Datvest and Kreston Zimbabwe, conducted financial literacy and capital market awareness outreach in Masvingo, Zaka Central, North, and South from 13-14 March 2024. The programme is expected to…
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Scientists at LUANAR say genetically-modified maize has shown resistance to fall armyworm
Scientists at Lilongwe University of Agriculture (LUANAR) say trials have shown that Genetically Modified (GMO) maize seeds are resistant to insects, particularly fall armyworms which affect maize yields in Malawi. The trials for the GMO maize are being done at LUANAR’S Bunda Campus and according to scientists, leaves for maize plants that have transgenes are…
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Ensure electric fence is effective during load-shedding, Safeguard warns
With crime on the increase, leading security firm Safeguard Security has urged those with properties protected by an electric fence to ensure the fence is effective, especially now that load shedding has resumed. It has urged those contemplating installing or replacing an electric fence to ensure it provides the best possible protection and is installed…
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Accountability.Fish Takes On Fisheries, Oceans Secrecy with New Campaign
Writes Ryan Orgera WASHINGTON: Is today’s fisheries management system capable of taking on a bigger role in the future of ocean governance? Or, is it even effectively managing the sustainability of the world’s marine wildlife today? From Accountability.Fish’s perspective, the answer to both questions is no – and the transparency advocacy group is launching a…
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Mashonaland West among best performing provinces as Minister Chombo bags gong
Writes Elvis Dumba Harare – Mashonaland West Province was among the best-performing provinces after Minister of State for Provincial Affairs and Devolution Hon Marian Chombo was awarded the second best performing Minister of State for Provincial Affairs and Devolution during the 2023 performance evaluation results and signing of performance contracts event held at State House…
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Global Renaissance Investments to host Annual Technology Conference and Exhibition in May
Global Renaissance Investments is set to hold its Annual Technology Conference and Exhibition on May 16, 2024, at the prestigious Rainbow Towers Hotel. The event will convene under the theme “Acceleration of Economic Growth via Technology,” showcasing the pivotal role of technology in driving sustainable economic advancement. “We are excited to bring together industry leaders,…
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Operational expenses push mobile data costs in Zimbabwe
Headline tariffs by the Postal and Telecommunication Regulatory Authority of Zimbabwe (POTRAZ) are competitive in the region. The headline tariffs represent the maximum tariffs permitted by governments or national regulators. In the diagram below, Zimbabwe is shown to be considerably the least expensive after Botswana and on par with Malawi. However one may wonder why…
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New quarry mine in Murambinda to unlock job opportunities
Staff Writer A new quarry mining project in Murambinda is expected to generate employment opportunities for over 50 local employees during the first phase, gradually increasing to 300 employees in addition to numerous indirect jobs during the next development phase. The new quarry mine less than 2km from Murambinda is being spearheaded by Prevail Group…