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5 startup ideas shortlisted on the first night of Startup Weekend Harare

By Nigel Gambanga The second edition of the Startup Weekend Harare started off tonight at Hypercube Hub with several ideas being pitched by the aspiring tech entrepreneurs keen on validating their solutions. The night was started by a talk from saisai cofounder and startup entrepreneur Takunda Chingonzo who shared his own experiences in forming a tech startup. This […] …read ... Read More »

Illegal drugs flood blackmarket


MEDICINES Control Authority of Zimbabwe (MCAZ) says the country has a thriving black market for medicines as the high cost of drugs makes them unaffordable to many people. MCAZ director Gugu Mahlangu said locally produced medical products are likely to cost more than imports because of the high cost of production as most raw materials are being sourced from outside ... Read More »

The reason why most startups fail

By Garikai Dzoma So now you have quit your job and finally gotten around to actually starting your dream startup. Maybe it’s that irresistible website, the app that is going to be the next big thing or whatever million dollar idea that has been brewing in your mind for a while. You have gathered up enough courage and […] …read ... Read More »

Safaricom partners locals for M-Ledger: Can’t we have the same collaboration in Zim?

By Nigel Gambanga ITWebAfrica reported that yesterday Safaricom launched a new Android application called M-Ledger for their mobile money service, M-Pesa. M-Ledger is an easily accessible mobile money accounting service which lets users to monitor and manage past transactions on a single view from mobile phone. It also gives options to gather data in spreadsheet form. It was developed […] ... Read More »

Huawei scoops awards at AfricaCom 2014


HUAWEI Technologies, a leading global information and communications technology solutions provider has won two awards at the prestigious AfricaCom Awards ceremony held last week in Cape Town, South Africa. The first award was for the best cost efficiency solution for Africa which was won by Huawei’s field trial of Transport Software Defined Networking (SDN) and 2.4 T (super-channel) wavelength division ... Read More »

3 major highlights from the latest Ericsson Mobility Report

By Nigel Gambanga The latest edition of the Ericsson Mobility Report was recently released, providing analysis of the latest mobile data and predictions on mobility and live networks for the global markets. A lot of the information shared in the report points largely to global trends but the highlights do give an interesting indication of the uptake of […] …read ... Read More »

ZANU-PF enticing Chamisa


ZANU-PF is making overtures to court former Movement for Democratic Change (MDC-T) national organising secretary, Nelson Chamisa. He was defeated by former Nyanga North MP, Douglas Mwonzora, for the MDC-T secretary-general post at the party’s elective congress held earlier this month. Reports say that the Kuwadzana legislator has been on the shopping list of the MDC Renewal Team, which emerged ... Read More »

Banks lose US$10,5m in six months

Reserve Bank of Zimbabwe

THE banking sector shaved more than US$10 million in post tax profits during the first half of 2014 as players battled to contain an escalating crisis highlighted by bank failures, shrinking margins and economic shrinkage. Government has revised 2014 gross domestic product (GDP) growth targets to 3,1 percent, from an initial 6,1 percent. And across all sectors of the country’s ... Read More »

Corporate governance key to economic revival


FINANCE Minister, Patrick Chinamasa, has urged corporate leaders to adhere to good corporate governance practices, saying this was essential to attracting and retaining investment needed to resuscitate the country’s sickly economy. Chinamasa, who was addressing delegates at an Excellence in Corporate Governance Awards dinner in the capital organised by the Institute of Chartered Secretaries and Administrators of Zimbabwe (ICSA), said ... Read More »