Business
-
Digesting the Mid-Term Monetary Policy Statement
Writes Persistence Gwanyanya Sometimes, it is advisable to maintain a winning formula. The resolution by the Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe (RBZ) to stay the course of a tight monetary policy stance, as expressed in the Mid-Term Monetary Policy Statement of 2023, is instructive. Clearly, this stance will allow current…
-
EU’s ZEPA donates vehicles to Zimbabwe
Yesterday, the he European Union (EU) donated vehicles to the Government of Zimbabwe under the Technical Assistance to the Zimbabwe Economic Partnership Agreement (TAZEPA). The Acting Secretary for Foreign Affairs, Ambassador Pavelyn Tendai Musaka, received the vehicles. The three (3), 4×4 Isuzu vehicles were purchased through the Zimbabwe Economic Partnership Agreement (ZEPA) Support project, funded…
-
UN Zimbabwe embraces youth theme on a sustainable world
On 12 August 2023, the United Nations System in Zimbabwe joined the world and Zimbabwe in commemorating International Youth Day. It affirmed this year’s theme “Green Skills for Youth: Towards a Sustainable World.” The theme was chosen in recognition of the critical role that young people play in addressing global environmental challenges. In essence, green…
-
Seminar spotlights post-COVID-19 recovery efforts for Botswana, Zambia, Zimbabwe Parliament staff
The 21st Zimbabwe-Zambia-Botswana (ZIM-ZAM-BOTS) Senior Parliamentary Staff Seminar put a spotlight on the sterling work undertaken by the various Parliaments during the COVID-19 lockdown period across the Southern African Development Community (SADC) region and worldwide. In his keynote address to the participants, Advocate Jacob Francis N. Mudenda, the Speaker of Parliament of Zimbabwe during that…
-
Education, skills and employment recipes for a secure future for youth
Young people demand skills and learning for future employment, responding to a fragile world of high living costs, pandemic disruptions, climate crisis and rising conflicts On International Youth Day 2023, the world’s largest survey of young people reports that 40% of more than 700,000 respondents identify education, skills and employment as pathways to future security.…
-
WFP and Government of Zimbabwe launch roadmap toward food security
The Government of Zimbabwe and the United Nations World Food Programme (WFP) have signed a Letter of Understanding (LoU) to formalize their collaboration on improving food systems and reforming the social protection system in Zimbabwe. The LoU aims to bolster the capacity to respond to emergencies and effectively foster investment in agricultural entrepreneurship. The Government…
-
Avenues for cultivating the business face of agro-ecology in the Global South
Writes Charles Dhewa Facing the limitations of industrial agriculture, many governments and global organizations are beginning to embrace agroecology and other alternative ways of producing food. Being the application of ecological concepts and principles in farming, agroecology considers the relationships between all the plant, animal, and human elements in a system. There is some emerging…
-
Ericsson sued for withholding Iraq report
Writes Kavit Majithia Ericsson shareholders sued the vendor seeking $175 million to $300 million in damages over an investigation into its business practices in Iraq, claiming certain actions taken by the company depressed its share price. A statement revealed a total of 37 shareholders had filed a claim against the vendor and more were expected…
-
Apple, Huawei gain share in falling China market
Writes Joseph Waring Data from Canalys and IDC showed Apple and Huawei bucked a prolonged downward trend in smartphone shipments in China, with the vendors the only top-six players to book year-on-year growth in Q2. Canalys analyst Amber Liu stated Apple and Huawei gains were driven by flagship models, noting consumer appetite for high-quality goods.…
-
NetOne demonstrates environmental stewardship in clean up exercise
As a pacesetter in demonstrating the importance of a clean and safe environment for all, and as part of its corporate social responsibility (CSR), leading mobile telephony company, NetOne, yesterday embarked on a nationwide clean-up campaign with its leaders tidying up Harare’s environs. The clean-up exercise was done in observance of the first Friday of…
-
Improved energy access in rural areas pivotal in curbing GBV and early child marriages
Lifestyle Writer In renewed efforts to curb abuse against the girl child and early child marriages, Power Giants Transmission Director, Engineer Edzai Kachirekwa, has reasserted his commitment to the cause stating that his organization will double efforts to power rural communities in order to enhance awareness and reporting mechanisms on the scourge. Engineer Kachirekwa said…
-
UNICEF, WHO call for supportive workplaces for breastfeeding female workers
Writes Marlvin Ngiza The United Nations Children’s Fund (UNICEF) and World Health Organisation (WHO) have challenged governments, civil society organisations, and the private sector across the globe to up the game in ensuring the establishment of a supportive breastfeeding environment for all working mothers in the quest to reach the global target of 70 percent…
-
ZIST Conference to build confidence in the Zimbabwean economy
The Conference that is being planned by the Zimbabwe Institute of Strategic Conference (ZIST) to take place on 17 August 2023 is an important gesture to build confidence within all critical sectors of the economy. Speaking ng to this publication, the ZIST Executive Director, Dr. Tinashe Muzamhindo said the conference will be held at Sterling…
-
Nedbank allows use of American Express Merchant cards in Zimbabwe
An agreement between Nedbank Zimbabwe and American Express allows the bank to start to acquire merchants, enabling international American Express Card Members to use their Cards in Zimbabwe. This agreement positions Nedbank Zimbabwe as the first licensee to acquire merchants for American Express acceptance in Zimbabwe. This enables international American Express Card Members to use…
-
Zimbabwe launches the National Migration Policy
The Government of Zimbabwe will today launch Zimbabwe’s National Migration Policy (NMP). Officiating the launch will be the Minister of Home Affairs and Cultural Heritage, Honourable Kazembe Kazembe. IOM assisted with technical support in the development of the National Migration Policy which seeks to contribute to addressing the challenges posed by migration and to tap…
-
Africa has potential to achieve food security and sustainable development
Writes Wellington Madumira Youth Dialogue around food systems, climate change, and actions towards zero hunger in the face of a crisis on food insecurity; A Side event during the 12th Africa Green Waste and Energy Expo 2023 Africa, with its rich and diverse natural resources, has the potential to be a global powerhouse in agriculture…
-
BUPUSACOM for shared watercourse promotes sustainable development
The Buzi, Pungwe, and Save Watercourses Commission (BUPUSACOM) was launched in Beira, Mozambique, on 19 July 2023, following the signing of the BUPUSA Water Courses Commission Establishment Agreement in Harare, Zimbabwe on 17 May 2023. The tri-basin institution will have oversight on the planning, development, and management of the water resources within the Buzi, Pungwe,…
-
Cut government expenditure, nip corruption: Nelson Chamisa
Writes Elvis Dumba Chinhoyi – Citizens Coalition for Change (CCC) President, Nelson Chamisa, has said his government will have an efficient and lean cabinet to cut down on unnecessary expenditures. Chamisa said this to his supporters at a campaign rally held at Gadzema grounds in Chinhoyi on Monday. “We will have only fifteen cabinet ministers…
-
World Ranger Day: Adventurer Holly Budge sheds light into experiences of rangers
Holly Budge I’m no stranger to nail-biting adventures, having summited Everest and being the first woman to skydive Everest, but patrolling with female rangers across Africa has been a whole different beast. These women are bold, changing the game and paving the way for women to stand alongside men at the forefront of conservation, but…
-
ZANU (PF)’s Beadle Gwasira promises development in Mt Pleasant Constituency
Aspiring Member of the House of Assembly for Mt Pleasant Constituency, Mr. Beadle Musatye Gwasira has promised to bring meaningful development and sanity to the area. Speaking to this publication ahead of the impending plebiscite scheduled for 23 August this month, the experienced politician and tactician said there is more that he is planning to…
-
Technologies for preserving indigenous African food are long overdue
Writes Charles Dhewa For many decades, African countries have lagged behind in terms of developing technology for preserving indigenous food systems. What has worsened the situation is that the colonial system brought its own food and seed systems into Africa supported by appropriate technology for processing and preserving food. A lot of investments went into…
-
Namibian delegation impressed by Zimbabwe’s agriculture model
Writes Elvis Dumba Zvimba – A Namibian delegation from Kavango East Region has lauded the Zimbabwean government for coming up with policies and frameworks that empower citizens through the successful agrarian revolution that was rolled out in 2000 to correct social imbalances, with beneficiaries of the land reform programme accessing machinery, loans, and inputs courtesy…
-
Mashonaland West Agric Show roars to life
Writes Elvis Dumba Chinhoyi – Mashonaland West Agriculture Show being hosted by the Mash West Show Society has roared to life in Chinhoyi. The provincial agriculture and business premier exhibition opened its gates to the public on Thursday and will run until next Saturday when the Namibian Governor of The Okavango Region is expected to…
-
Recently Inaugurated Zimbabwe Carbon Association Seeks to Contribute to Climate Mitigation and Adaption
The recently inaugurated Zimbabwe Carbon Association, representing many of the major investments in carbon project development in the country, welcomes the Government of Zimbabwe’s effort to bring transparency and accountability to carbon trading in the country and position Zimbabwe as a credible, attractive destination for green financing. The Zimbabwe Carbon Credit Framework, which the Government…
-
AfDB, UNEP partner to implement Kunming-Montreal Global Biodiversity Framework in Africa
The African Development Bank and UNEP will partner to establish an Expert Group on Biodiversity Finance, which will provide African countries with knowledge and technical assistance The African Development Bank (http://www.AfDB.org) is joining forces with the United Nations Environment Programme to advance the implementation of the Kunming-Montreal Global Biodiversity Framework in Africa (KMGBF). The framework…
-
Banks urged to finance construction projects
Writes Hillary Munedzi Entrepreneurs in the construction industry have lamented the lack of credit lines to fund new projects with the banking sector reluctant to disburse loans sighting viability challenges. The construction sector in Zimbabwe is characterized by perennial finance-related problems such as the high cost of financing and difficulty in getting loans. Employers in…
-
World Population Report and World Population Day: Policies must prioritise wellbeing of people, environment
To achieve sustainable development as the world population has reached 8 billion people, policies must prioritize the well-being of both people and the environment. These were remarks today by His Excellency Edward Kallon, UN Resident and Humanitarian Coordinator at the belated launch of the State of World Population Report and commemoration of World Population Day…
-
Origin Digital’s Predictive Analytics Fosters Financial Inclusion, Greater Productivity to Farmers in Sub-Saharan Africa
South Africa’s largest agricultural lender, ABSA, says new technology has huge potential to unlock capital for smallholder farmers and SMEs who have previously had limited access to finance Pioneering ag-tech company Origin Digital is poised to help lenders revolutionise the agricultural credit landscape in Sub-Saharan Africa and drive growth in the sector. Providing credit to the smallholder…
-
UNWTO endorses Zimbabwe to host Communication, Media and Tourism Training in Africa
Destination Zimbabwe continues to receive an endorsement as ideal for hosting international conferences, with the latest recommendation coming from the United World Tourism Organisation (UNWTO), to host the Communication, Media and Tourism Training in Africa Workshop in Victoria Falls, Zimbabwe in November 2023. The Chief Executive for Zimbabwe Tourism Authority, Ms Winnie Muchanyuka, and the…
-
Carbon financing critical for addressing climate change
Driven by the need to halve emissions within the next decade to become a net-zero world by 2050 and avoid climate change, carbon financing plays a critical role in achieving this objective. This came out during a half-day workshop organised by the Business Council for Sustainable Development Zimbabwe (BCSDZ) held in Harare today to unpack…
-
Tourism on track for full recovery as new data shows strong start to 2023
UNWTO International tourism is well on its way to returning to pre-pandemic levels, with twice as many people travelling during the first quarter of 2023 than in the same period of 2022. New Data from UNWTO: What We’ve Learned The second UNWTO World Tourism Barometer of the year shows that the sector’s swift recovery has…
-
Expedite transition to clean energy: Government urged
Sowell Chikwari (Business Reporter) There are growing calls for the government to expedite the transition to green energy as the country struggles to attain power sufficiency amid spiraling demand. The renewed calls for a speedy transition towards sustainable clean energy solutions are growing even louder as renewable energy has the potential to improve power supply…
-
Dorowera Community Gets Financial Literacy Training
The Dorowera Irrigation Scheme, located in Mutoko District in Mashonaland East Province, is famous for its prolific farming. The produce makes its way to Harare’s Mbare People’s Market and some leading markets in Zimbabwe. The Adam Molai Foundation and GetBucks Bank held a financial literacy seminar for the Dorowera community last Friday at the Irrigation…
-
Government Analyst Laboratory receives SADCAS ISO/IEC 17025: 2017 accreditation
The Government Analyst Laboratory (GAL) received the ISO/IEC 17025:2017 accreditation after a successful assessment by the Southern African Development Community Accreditation Service (SADCAS). In a speech read on his behalf during the accreditation ceremony in Harare today, Zimbabwe’s Secretary for Health and Child Care, Air Commodore, Dr. Jasper Chimedza said the Government Analyst Laboratory (GAL)…
-
Zimbabwe and Zambia tourism agencies strengthening ties
Zimbabwe Tourism Authority and Zambia Tourism Agency met for a series bilateral meetings over the last two days under the Joint Tourism Facilitation Committee (JTFC), in Victoria Falls, Zimbabwe. The JTFC was co-chaired by the ZTA Chief Executive, Ms. Winnie Muchanyuka, and her Zambia Tourism Agency CEO, Mr. Matongo Matamwandi, in fulfillment of tenets of…
-
Lack of Youth Marketable Employment Skills: JW.ORG Offers Practical Resources
Own Correspondent As the United Nations made preparations for World Youth Skills Day on July 15, nearly three out of four young people aged 15 to 24 in 92 countries do not have the skills needed for employment, according to a 2022 report by the Education Commission and UNICEF. A lesser-known, yet practical resource, jw.org,…
-
AfYBC signs host agreement with MS TCDC
The Afrikan Youth Business Council (AfYBC), has signed a Memorandum of Understanding with the Arusha- based MS Training Centre for Development Cooperation (MS TCDC), for the fiscal sponsorship of AfYBC by MS TCDC. AfYBC is the continental umbrella body of youth-led private sector entities, institutions, and associations advocating for a youth-friendly business policy environment under…
-
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…
-
Hundreds of land seekers duped by masquerading name dropping war veterans
Writes Elvis Dumba Banket – Prospective land seekers have been against being duped in their earnings by an unscrupulous group masquerading as war veterans specially assigned by President Emmerson Mnangagwa to allocate land. This was said by Mashonalnd West Provincial ZANU (PF) Veterans League Chairperson, Happison Muchechetere when he addressed hundreds of people who had…
-
World Radio-communication Conference: Zimbabwe records positive progress
Zimbabwe has made significant strides in the area of wireless technologies, a preparatory meeting by the country ahead of the World Radiocommunication Conference has revealed. In his keynote address at the meeting in Harare today, Dr. Gift Machengete, the Director-General of the Postal and Telecommunication Regulatory Authority of Zimbabwe (POTRAZ), said despite the inhibiting circumstance…
-
Consumer Protection critical for usage of communication services
Consumer Protection remains central for meaningful usage of communication services, Dr. Gift Machengete, the Director-General of the Postal and Telecommunication Regulatory Authority of Zimbabwe (POTRAZ) has said. He made the remarks at the Communications Regulators’ Association of Southern Africa (CRASA)’s first Consumer Committee Meeting held at Cresta Lodge in Harare yesterday. “As CRASA, we remain…
-
Marange could have been a world class city: Villagers
Writes Clayton Masekesa Irate villagers from diamond-rich Marange in Manicaland province have said the area could have simply become a world-class city if diamonds worth billions of dollars were not endlessly looted through well-orchestrated syndicates that involve top chefs and security agents. In an interview recently, Daniel Chirasika from Marange Community Development Trust (MCDT) said:…
-
Zimnat dresses up construction men
Harare, Zimbabwe – In a move that has won the hearts of Zimbabweans, the Zimnat Group, a leading financial services group has launched a heart-warming winter campaign to raise awareness of the importance of financial planning and ensuring one is always adequately covered regardless of age, gender or social standing. The campaign, launched on one…
-
Hakwata Village Pioneers Single Largest Biogas Undertaking in Zimbabwe
In an ambitious endeavour to bring clean cooking energy to rural communities, the largest initiative of biogas in Zimbabwe and Southern Africa has commenced in Hakwata village, Chipinge District, on the edges of Zimbabwe’s border with Mozambique. A total of 150 biogas digesters will be installed, benefiting 90 households in Hakwata, 30 in Gororo, Masvingo…
-
Alternative education pathways ensure inclusive access to skills training
The government, through the Ministry of Youth, Sport, Arts, and Recreation has embarked on a drive to establish at least one vocational training centre in every district to ensure alternative education pathways are made available to disadvantaged youths and communities. These were remarks by Dr. Thokozile Chitepo, the Permanent Secretary for the Ministry of Youth,…