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Traditional leaders, healers and practitioners add their voice against child marriages - The Anchor 17/09/2021

Traditional leaders, healers and practitioners add their voice against child marriages - The Anchor

Traditional leaders, healers and practitioners add their voice against child marriages - The Anchor Nhau Mangirazi Traditional leaders, healers and practitioners have condemned child marriages and marrying off of young girls accusing some parents of taking advantage of their children in the harmful cultural practices. They also described the practice as “outdated and exploitative” adding that ...

ZRA assesses impact of the Zambezi Valley Development Fund - The Anchor 17/09/2021

ZRA assesses impact of the Zambezi Valley Development Fund - The Anchor

ZRA assesses impact of the Zambezi Valley Development Fund - The Anchor Tadiwa Musiyiwa The Zambezi River Authority has started the process towards assessing the performance of the Zambezi Valley Development Fund on the Kariba Dam Rehabilitation Project and how it can benefit communities near the project. The authority is currently in the process of engaging a consultan...

World Bank discontinues ease of doing business reports after ethics review - The Anchor 17/09/2021

World Bank discontinues ease of doing business reports after ethics review - The Anchor

World Bank discontinues ease of doing business reports after ethics review - The Anchor The World Bank Group announced Thursday that it was discontinuing the ‘Doing Business report’ after data regularities were discovered in its Doing Business 2018 and 2020. The Doing Business report provides objective measures of business regulations for local firms in 190 economies. By gathering ...

AfDB approves a $50m Multinational Trade Finance Risk Participation Agreement facility for Standard Chartered Bank - The Anchor 15/09/2021

AfDB approves a $50m Multinational Trade Finance Risk Participation Agreement facility for Standard Chartered Bank - The Anchor

AfDB approves a $50m Multinational Trade Finance Risk Participation Agreement facility for Standard Chartered Bank - The Anchor Sydney Kawadza The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African Development Bank and Standard Chartered Bank. The agreement is expected to boost intra-Africa trade, promote r...

Relief for COVID-19 ruined informal cross border traders - The Anchor 15/09/2021

Relief for COVID-19 ruined informal cross border traders - The Anchor

Relief for COVID-19 ruined informal cross border traders - The Anchor Nhau Mangirazi & Sydney Kawadza The International Organization for Migrants is rolling out a programme targeted at supporting informal cross border traders who have been severely affected by the COVID-19 pandemic. Informal cross border traders contribute approximately US$17 billion to trade in the S...

International exhibitors from eleven countries confirm participation at ZITF - The Anchor 15/09/2021

International exhibitors from eleven countries confirm participation at ZITF - The Anchor

International exhibitors from eleven countries confirm participation at ZITF - The Anchor Chris Mahove Exhibitors from 11 foreign countries have confirmed participation at the 61st Edition of the Zimbabwe International Trade Fair, ZITF, which runs from the 21st to the 25th of this month. This was revealed by the Minister of Information and Broadcasting Services, Monica Mutsvangwa during....

Counterfeit ZWL$10 trillion “Noble Prize” for scientists - The Anchor 10/09/2021

Counterfeit ZWL$10 trillion “Noble Prize” for scientists - The Anchor

Counterfeit ZWL$10 trillion “Noble Prize” for scientists - The Anchor A group of scientists studying the effects of hanging a rhinoceros upside down have won a cash prize of a counter 10 trillion dollar Zimbabwean bank note in this year’s Ig Nobel Prize. According to the BBC, no-one had done the basic investigation to determine how this would affect the animal. The ...

Zim platinum production rises 12% in Q2 - The Anchor 09/09/2021

Zim platinum production rises 12% in Q2 - The Anchor

Zim platinum production rises 12% in Q2 - The Anchor HARARE – Zimbabwe saw a 12.28% increase in platinum production in the second quarter but its forecast growth of the year is at 4% by the World Platinum Investment Council. In its Q2 update, WIPC recorded that platinum production in the country was at 128koz, which is an improvement from the 114koz...

Zim sets US$5bln revenue target for to***co by 2025 - The Anchor 08/09/2021

Zim sets US$5bln revenue target for to***co by 2025 - The Anchor

Zim sets US$5bln revenue target for to***co by 2025 - The Anchor Tadiwa Musiyiwa Government has approved the To***co Value Chain Transformation Plan aimed at transforming the to***co value chain into a US$5 billion industry by 2025 through localisation of to***co financing, increased production and productivity and exports of ci******es. In a post cabinet briefin...

Prospect Resources offloads Penhalonga Gold to North American investors - The Anchor 07/09/2021

Prospect Resources offloads Penhalonga Gold to North American investors - The Anchor

Prospect Resources offloads Penhalonga Gold to North American investors - The Anchor HARARE – Prospect Resources has disposed of its interest in the Penhalonga Gold project to Luzich Resources for a total consideration of US$1 million. Last year, the lithium resource company entered into a binding term sheet with Luzich Resources (Africa) LLC, an affiliate of Luzich Partners LLC, ...

Cassava says revenue in Q-August up 70% on increased transactional activity - The Anchor 07/09/2021

Cassava says revenue in Q-August up 70% on increased transactional activity - The Anchor

Cassava says revenue in Q-August up 70% on increased transactional activity - The Anchor Staff Writer Cassava Smartech Zimbabwe Limited revenue has increased by over 70% in the quarter ending August 31, compared to the same period the previous year driven by growth in transaction activity. Cassava Group Company Secretary, Charmaine Daniels said the business remains focused on growing tr...

Water levels recede at Kariba but ZRA maintains water allocation for power - The Anchor 07/09/2021

Water levels recede at Kariba but ZRA maintains water allocation for power - The Anchor

Water levels recede at Kariba but ZRA maintains water allocation for power - The Anchor Staff Writer The Zambezi River Authority is maintaining the 42 Billion Cubic Meters (BCM) combined water allocation for power generation operations at Kariba despite water levels declining in the gigantic lake, ZRA, in June this year, revised upward from 30BCM the combined water allocation for the N...

ED opts to attend UN general assembly virtually - The Anchor 07/09/2021

ED opts to attend UN general assembly virtually - The Anchor

ED opts to attend UN general assembly virtually - The Anchor Rhys Balicholo President Mnangagwa will miss this year’s United Nations General Assembly opting to attend the annual meetings held at the UN Headquarters in New York virtually. In a statement, presidential spokesperson, George Charamba said the decision was in line with President Mnangagwa’s dec...

Government abandons health workers as Covid-19 allowances debacle deepens - The Anchor 07/09/2021

Government abandons health workers as Covid-19 allowances debacle deepens - The Anchor

Government abandons health workers as Covid-19 allowances debacle deepens - The Anchor Nhau Mangirazi Zimbabwean government has allegedly abandoned frontline health workers over Covid-19 risk allowances with some disgruntled primary health counselors, data entry clerks and microscope technicians feeling cheated. Sources have also indicated that workers from only four provinces benefit...

ZRP impounds 40 buses as Zimbabweans defy inter-city travel ban - The Anchor 31/08/2021

ZRP impounds 40 buses as Zimbabweans defy inter-city travel ban - The Anchor

ZRP impounds 40 buses as Zimbabweans defy inter-city travel ban - The Anchor Sydney Kawadza Police in Zimbabwe are continuously engaged in cat and mouse chases with an extremely complacent population which continues to defy lockdown measures imposed to curtail the spread of the deadly COVID-19 virus. Government has banned various activities including inter-city travel althou...

Karoi Council taken to task over devolution funds - The Anchor 26/08/2021

Karoi Council taken to task over devolution funds - The Anchor

Karoi Council taken to task over devolution funds - The Anchor Nhau Mangirazi Residents and ratepayers in Karoi, a town about 260km from Harare in Mashonaland West, have taken the council over information on how authorities spend funds from government’s devolution funds. In a letter dated August 23, residents’ representatives including Karoi Residents Trust...

SADC treks Down South as Beitbridge hosts more travelers in the region - The Anchor 26/08/2021

SADC treks Down South as Beitbridge hosts more travelers in the region - The Anchor

SADC treks Down South as Beitbridge hosts more travelers in the region - The Anchor Sydney Kawadza More people are trekking to South Africa, ostensibly, in search of greener pastures, goods and services as the country continues to be a dominant regional economic powerhouse in the SADC region. This comes amid indications that the Beitbridge Border post between Zimbabwe and South Afr...

Zimbabwe asked to take in Afghan refugees? - The Anchor 26/08/2021

Zimbabwe asked to take in Afghan refugees? - The Anchor

Zimbabwe asked to take in Afghan refugees? - The Anchor Staff Writer Some Western government reportedly approached Zimbabwean authorities to accept refugees from Afghanistan, a government official has revealed. Using his Twitter moniker @Jamwanda2, President Mnangagwa’s spokes George Charamba said government had been approached through the Internationa...

Vaccines extended to 14-17 years age group as schools re-open - The Anchor 26/08/2021

Vaccines extended to 14-17 years age group as schools re-open - The Anchor

Vaccines extended to 14-17 years age group as schools re-open - The Anchor Sydney Kawadza Zimbabwe is extending its vaccination programme to include children with the 14 to 17 year age group as government expediates its target to vaccinate 10 million by December this year. According to Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa, the country...

Comesa annual inflation falls to 129.8% in June - The Anchor 26/08/2021

Comesa annual inflation falls to 129.8% in June - The Anchor

Comesa annual inflation falls to 129.8% in June - The Anchor The year-on-year inflation rate for the COMESA region dropped from 131.1% in May 2021 to 129.8% in June mainly due to prices changes in 12 key areas of expenditure namely clothing and footwear, housing, water, electricity, gas and other fuels, household equipment, transport and communications and re...

India extends US$1 million for Climate Resilient Agriculture in Zimbabwe - The Anchor 24/08/2021

India extends US$1 million for Climate Resilient Agriculture in Zimbabwe - The Anchor

India extends US$1 million for Climate Resilient Agriculture in Zimbabwe - The Anchor HARARE – The Indian government has contributed almost US$1 million to the United Nations World Food Programme (WFP) in Zimbabwe to help affected populations tackle climate shocks. The contribution, provided through the India-UN Development Partnership Fund, will be used to assist more than 5 200 s...

Zim to receive US$960m SDR allocation - The Anchor 24/08/2021

Zim to receive US$960m SDR allocation - The Anchor

Zim to receive US$960m SDR allocation - The Anchor HARARE – Zimbabwe was credited with the equivalent of US$960.87 million when the International Monetary Fund’s special drawing rights came into effect on Monday, Aug 23. SDRs are being distributed to countries in proportion to their quota shares in the IMF. This means about US$275 billion is goi...

CSOs challenged to prop up Freedom of Information Act - The Anchor 23/08/2021

CSOs challenged to prop up Freedom of Information Act - The Anchor

CSOs challenged to prop up Freedom of Information Act - The Anchor Nhau Mangirazi Harare Residents Trust director Precious Shumba has challenged Civil Society Organizations to educate general public on the impact of failure to access information for accountability, transparency for social and economic development. He said failure to help would lead to the deteriora...

Guidance Note: IMF SDR Allocation - The Anchor 23/08/2021

Guidance Note: IMF SDR Allocation - The Anchor

Guidance Note: IMF SDR Allocation - The Anchor PPEA2021059

CFI pushing for Vic Foods JM exit as Q3 revenue rises 88% - The Anchor 23/08/2021

CFI pushing for Vic Foods JM exit as Q3 revenue rises 88% - The Anchor

CFI pushing for Vic Foods JM exit as Q3 revenue rises 88% - The Anchor HARARE – An increase in demand particularly bolstered by the good summer and to***co seasons, saw CFI Holdings report an 88% increase in revenue in the third quarter to June 30, 2021. Of that revenue, retail operations contributed 94.9% (2020-Q3 – 100%), while farming operations contributed 5.1%...

Old Mutual Zim says investments in alternative assets ahead of target in H1 - The Anchor 23/08/2021

Old Mutual Zim says investments in alternative assets ahead of target in H1 - The Anchor

Old Mutual Zim says investments in alternative assets ahead of target in H1 - The Anchor HARARE – Old Mutual Zimbabwe says its investment approaches continues to be skewed towards equities and property as the company continues to focus on defending value for its policyholders and customers. In a trading update at the group’s AGM, on Thursday, chief executive Sam Matsekete said that ...

COVID-19 information inconsistencies affect pregnant women - The Anchor 20/08/2021

COVID-19 information inconsistencies affect pregnant women - The Anchor

COVID-19 information inconsistencies affect pregnant women - The Anchor Margaret Chinowaita At the onset of the Zimbabwean-Government initiated vaccination against COVID-19 this year, the Ministry of Health and Child Welfare announced that pregnant women were not eligible to receive a dose. However, on the 12th of July 2021, the same ministry announced that pregnant wom...

Parly wants artisanal miners to be regularized by April next year - The Anchor 20/08/2021

Parly wants artisanal miners to be regularized by April next year - The Anchor

Parly wants artisanal miners to be regularized by April next year - The Anchor Staff Writer Legislators want government to regularize activities by artisanal and small-scale gold miners as calls continue to grow louder for authorities to curb the growing number of fatal accidents at the mines. The MPs visited some gold mines affected by fatal accidents in November last year. T...

Legislator and businessman Bvute in soup over US$130k debt - The Anchor 20/08/2021

Legislator and businessman Bvute in soup over US$130k debt - The Anchor

Legislator and businessman Bvute in soup over US$130k debt - The Anchor Staff Writer A High Court Judge has ordered Zanu-PF legislator for Goromonzi South and businessman Ozias Bvute to pay US$129 500 to a local equipment dealer, Robvel Investments Private Limited (“ROBVEL”) after he failed to settle the debt, three years ago. ROBVEL delivered earth moving equipment...

No breathing space for criminals in Zimbabwe – ED - The Anchor 20/08/2021

No breathing space for criminals in Zimbabwe – ED - The Anchor

No breathing space for criminals in Zimbabwe – ED - The Anchor Donald Chakamanga President Mnangwagwa has promised to squash criminals in Zimbabwe saying that perpetrators and offenders will not be given breathing space and will be firmly dealt with to curb crime, deviance and illicit behaviour. He made the remarks while handing over 82 vehicles to the ZRP at t...

ZITF postponed again - The Anchor 18/08/2021

ZITF postponed again - The Anchor

ZITF postponed again - The Anchor HARARE – Bulawayo’s premier business exhibition – the Zimbabwe International Trade Fair – has been postponed, again, to comply with Covid-19 level four national lockdown prevention protocols. The trade fair was expected to open doors to exhibitors between August 23 and 25. This is the third ...

Forex auction delays creating imbalance in supply chain: Nampak - The Anchor 18/08/2021

Forex auction delays creating imbalance in supply chain: Nampak - The Anchor

Forex auction delays creating imbalance in supply chain: Nampak - The Anchor HARARE – Listed packages manufacturer, Nampak Zimbabwe says while there has been an improvement in foreign currency availability through the auction system and from customers, limitations and delays in disbursements continued to have the effect of creating imbalances within the supply and customer...

Tagwireyi may have shifted assets to Zimbabwe after US sanctions - The Anchor 15/08/2021

Tagwireyi may have shifted assets to Zimbabwe after US sanctions - The Anchor

Tagwireyi may have shifted assets to Zimbabwe after US sanctions - The Anchor Felix Njini and Antony Sguazzin Zimbabwe’s government is pressing ahead with a plan to combine its mining assets under a massive private-public enterprise, even as evidence mounts that the project could be linked to a tycoon sanctioned by the U.S. and U.K. Previously unreported documents, includin...

48 million people food insecure – SADC - The Anchor 14/08/2021

48 million people food insecure – SADC - The Anchor

48 million people food insecure – SADC - The Anchor Sydney Kawadza At least 47.6 million people in Southern Africa are food insecure with rural food insecurity expected to peak between November 2021 and March next year. According to the SADC’s Synthesis Report on the State of Food and Nutrition Security and Vulnerability in Southern Africa for 2021...

Art Q3 revenue grows 384% on batteries resilience - The Anchor 13/08/2021

Art Q3 revenue grows 384% on batteries resilience - The Anchor

Art Q3 revenue grows 384% on batteries resilience - The Anchor HARARE -Art Corporation reported a 384% growth in revenue in functional currency terms, in the third quarter to June as batteries continue to be the mainstay of the business. In inflation adjusted terms, revenue grew 39% compared to the same year ago period. In a trading update, chief executive Milt...

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