Zim Beast bows out in style

Zim Beast bows out in style

By Tendai Sahondo As he played, he exited: in style. Zimbabwean born Springbok star Tendai ‘the beast’ Mtawarira, has called time on his international career after helping the South African Springboks clinch the world cup. The beast also retired from his South African side, the Sharks after a 13-year stint. In total, the 34-year-old prop achieved 117 caps, he is the most decorated prop across the boarder and the third most capped South African player after Victor Matfield and Bryan Havana. Born in Zimbabwe on the first of August 1985,…

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EcoBank, CBZ in hot soup over new coins, notes

EcoBank, CBZ in hot soup over new coins, notes

By Staff Reporter EcoBank and CBZ are in hot soup after pictures emerged on social media showing sealed bank notes, suggesting that the new notes are already being traded on the black market a few days after being released. In press statements, Reserve Bank of Zimbabwe said preliminary investigations indicated that the notes emanated from the two aforementioned banks. “The Reserve Bank of Zimbabwe (“RBZ”) has taken note of pictures circulating on social media that show recently introduced 2 dollar banknotes in sealed packs, suggesting that the notes are already…

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New $2 bond coin to hit market next week

New $2 bond coin to hit market next week

By Anyway Machani THE Reserve Bank of Zimbabwe (RBZ) says it has minted a new two dollar bond coin which will make its debut next week. In a statement, the central bank said the new coin which is expected to ease the liquidity challenges in the market will complement the $2 note that is already in circulation. “In line with the pronouncement made in the 2019 Mid-term Monetary Policy Statement and the Press Statement of 2 October 2019 to increase the level of physical cash in circulation, the Reserve Bank…

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New e-app to enhance teacher-parent interaction

New e-app to enhance teacher-parent interaction

By Anyway Machani Tech firm, Designetics yesterday launched a free competency based e-learning application with a strong emphasis on STEM, ICTs and Skills Development. Addressing delegates at the launch, Designetics founder Lovemore Chirongo said the company aims to produce students that are self-dependent and equipped with entrepreneurial skills. “The platform will augment effective communication and e-learning, providing effective and world class services as well as universal access to quality education for all. “The platform promotes parental involvement through constant availability of information from the school, thus enhancing the school administration…

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Gvt, SAGIT launch Atlas convention

Gvt, SAGIT launch Atlas convention

By Malcolm Meja LOCAL innovation centre, Science and Advanced Global Innovation Technologies (SAGIT), in partnership with the Ministry of higher and tertiary education, science and technology development yesterday launched the Atlas convention in Harare. The Atlas Convention is an integrated technology and economic transformation initiative, which is set to transform the innovation agenda in Zimbabwe. The convention, which will be running under the “IGNITING INFINITE POSSIBILITIES”, aims to convert innovation potential to commercial products and services, which will steer economic growth in the country. Running from March 30 – April…

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FATF grey-lists Zimbabwe

FATF grey-lists Zimbabwe

By Tendai Sahondo The Financial Action Task Force (FATF) recently grey-listed Zimbabwe, a move that is likely to heap more challenges on the country’s troubled banking sector. As part of its ongoing review of compliance with Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) standards, FATF listed Zimbabwe as one of the countries with ‘strategic deficiencies that that pose a risk to the international financial system. Iceland and Mongolia were also added to the grey-list while Sri Lanka, Ethiopia and Tunisia were delisted. “In October 2019, Zimbabwe made a high-level political commitment…

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SMEs offer alternative to Zim health challenges

SMEs offer alternative to Zim health challenges

By Anyway Machani and Tendai Sahondo Charity clings to life by a thread as she struggles to breathe in a crowded hospital ward that now resembles a death chamber. The ire of death snatches both young and old, sparing no one, as doctors are unavailable to provide relive to the sick that lay scattered on the floor. Frantic calls to beg the striking doctors prove futile and soon enough, the nurses also turn a blind eye. Charity fears she could be next on heaven’s roll call; fortunately her brother is…

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CUT scoops SME innovation award

CUT scoops SME innovation award

By Anyway Machani A group of students from Chinhoyi University of Technology (CUT) scooped the young innovation award at the just SMEs International Expo held at the Harare International Conference Centre (HICC) CUT students from different departments exhibited their inventive gadgets and ideas that comprised a three-digit printer, an auto feeder and an eLearning platform. In an exclusive interview on the sidelines of the awards ceremony, CUT entrepreneurship and business sciences deputy dean Dr Nelia Eta Marima hailed the expo for grooming future entrepreneurs. “As a university which anchors on…

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Zimnat partners UK Fintech firm

Zimnat partners UK Fintech firm

By Malcolm Meja Diversified insurance group Zimnat has partnered a UK based financial technology firm to offer credit facilities to diaspora based Zimbabweans looking to invest in the country. U.K.-based financial technology company, SympliFi, has set up shop in Zimbabwe with under Zimnat’s wing. The firm plans on extending its operations to Nigeria and Tanzania. Attending the on-going SMEs international expo as one of the international speakers, SimpliFi’s Co-founder and chief executive officer Maurice Iwunze said his firm’s mission is to empower the diaspora community around the globe to build…

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ED launches USD12 billion mining sector roadmap

ED launches USD12 billion mining sector roadmap

Anyway Machani PRESIDENT Emmerson Dambudzo Mnangagwa recently launched a road map to achieving of a USD12 billion mining sector by 2023, which is expected to spearhead recovery of the ailing domestic economy. Speaking at the event, president Mnangagwa said that the roadmap is equally pivotal to the attainment of vision 2030, which is aimed at upgrading the country to Upper Middle-Income status. He said the blueprint, which was set out in 2018, would result in significant economic reforms and acceleration of the country’s reengagement efforts. “Trough the Transitional Stabilization Program…

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