July 2024

Business, Local, Regional, Top Stories

Zimbabwe, Mozambique, Botswana sign multi-billion dollar port deal

  By Online Desk  President Emmerson Mnangagwa and his two counterparts, Mozambican President Filipe Nyusi and Botswana President Mokgweetsi Masisi will today preside over the signing of the tripartite agreement on the Techobanine deep water Port in Maputo. The project is budgeted at US$6,5 billion for the construction of the deep-water port in Matutuine district, and a 1 700km railway line linking Mozambique, Zimbabwe and Botswana. Its implementation has been under discussion since around 2011, with stalling having been attributed to lack of funding. Zimbabwean Ambassador to Mozambique Victor Matemadanda said the three leaders will put pen to paper while also discussing the way forward. Ambassador Matemadanda said following tomorrow’s signing and discussions, progress would start on the implementation of the project. Discussions for the railway line and electricity projects are already in progress

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Government releases 154 million ZiG towards vulnerable persons in urban areas.

By Online Desk Treasury says it has released 154 million ZiG to the Ministry of Public Service, Labour and Social Welfare for disbursements towards vulnerable persons in urban areas. The money will be available for withdrawal in two weeks’ time, the Permanent Secretary in the Ministry of Public Service, Labour and Social Welfare Simon Masanga said yesterday. Currently Government is finalising the registration of vulnerable urban dwellers who have not been spared by the devastating effects of the El Nino induced drought. Apart from availing cash to vulnerable families, the Government has also kickstarted the food-for-work programme countrywide—and local authorities will be engaged to spotlight works that need to be carried out at a community level. Mr Masanga said the elderly and child-headed families are exempt from the public works programme, adding that they will instead receive money or grain for free. In a recent interview Minister July Moyo indicated that there is enough food on the ground and people should not panic, adding that the private sector is also importing cereals.

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National Health Insurance Bill to be tabled before Parliament

  Health and Child Care Minister Dr Douglas Mombeshora says the National Health Insurance Bill will be tabled before Parliament soon as the Government moves to ensure universal access to basic health services. He said this during question time in the National Assembly yesterday while responding to questions from legislators on what the Government was doing to improve maternal healthcare. Dr Mombeshora said the aim of the Government is to ensure that every Zimbabwe has access to basic healthcare at public institutions. About 10 percent of Zimbabweans have health insurance cover, according to Global Press Journal, leaving the majority exposed to cash expenditure to access healthcare services. On the issue of maternal health, Dr Mombeshora said the Government has embarked on various initiatives to ensure the safety of pregnant women. Government is also buying equipment for women who give birth through Caesarean Section, targeting district hospitals that serve rural communities. Recently, 10 anaesthetic machines were bought for such institutions.

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Zimbabwe Agricultural Show Set for August 26-31

By Talent Hwari The Zimbabwe Government has announced the dates for the 114th edition of the Harare Agriculture Show. According to Information, Publicity and Broadcasting Services Minister Dr. Jenfan Muswere the 114th edition of the Zimbabwe Agricultural Show will be held from August 26th to 31st.” Addressing journalists during a post-cabinet media briefing in Harare, Dr. Muswere revealed that “208 exhibitors have already registered for commercial exhibitions.” He added, “Exhibitors from Pakistan, Japan, the Netherlands, Brazil, Italy, Malawi, Botswana, South Africa, and Turkey have shown interest in participating in this year’s show.” The Show Society has partnered with various stakeholders to host business interfaces, including the Environment Social and Governance Breakfast Conference, the 12th Annual National Agribusiness Conference, the Ambassadors Interface, and the Research for Agricultural Policy Influence Conference. Dr. Muswere noted, “The Show Society has partnered with several stakeholders to host business interfaces…” The show will be officially opened on August 31st, and a lineup of artists and musicians will perform during the event. Dr. Muswere said, “The Show will be officially opened on Friday, August 31st, and a number of artists and musicians have been lined up to light up the event.” To improve convenience and security, turnstile and ticketing systems will be implemented, and CCTV cameras and drones will be used to ensure the safety and security of both exhibitors and visitors. Dr. Muswere emphasized, “Great emphasis has been put on safety and security of both exhibitors and visitors, with wider and more modern CCTV cameras having been installed, in addition to the use of drones.” This year’s edition of the show is themed “Cultivating Prosperity: Growing Business. Innovating for Change. Nurturing our Future” and will feature exhibitions on agri-produce, tobacco, cotton, livestock, and commercial products.

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I will not extend my term: ED

Zimbabwean President Emmerson Mnangagwa has once again dismissed speculation that he will seek a third term in office, reaffirming his commitment to the country’s constitutional term limits. Speaking at the commissioning of the Mutare Teachers College’s fruit juice and water processing plant, President Mnangagwa emphasized that he will step down after his current term and make way for new leadership. “I am serving my last term, and after that, I will retire and rest,” he said, citing the party and national constitutions’ two-term limits. This is the third time President Mnangagwa has addressed speculation about a potential third term, reiterating his dedication to upholding the country’s democratic principles and promoting unity among Zimbabweans.

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