Category Archives: Zimbabwe News

Zimbabwe News

Indirect tax developments in Sub-Saharan Africa

By Jana Botha, VAT Consultant, Baker McKenzie Johannesburg There have been significant developments in indirect tax within Sub-Saharan Africa (SSA) in the past year. The vast majority of developments have been based around VAT amendments and policies, as well as general budget updates for 2022 across SSA. This article includes key developments from Ghana, Kenya, […]

Data security and privacy laws develop across Africa

Numerous countries in Africa have developed or implemented data privacy and security laws in their countries in the last few years. With the rapid rise in digitisation as a result of the pandemic, the broad implementation of such laws across the continent has never been more urgent. Countries including Ghana, Kenya, Madagascar, Mauritius, Nigeria, Rwanda, […]

Announcing Winners of the 9th Edition of the Sankalp Africa Summit Awards 2022

Over 2,000 delegates is convening for the Sankalp Africa Summit, a hybrid 3 Day Virtual and a 1 Day In-Person event on ‘Mainstreaming Impact’ Sankalp Forum, an initiative of Intellecap, is hosting its 9th Edition of the Sankalp Africa Summit, one of Africa’s largest inclusive networking platforms focussed on entrepreneurship and the impact investing ecosystem, […]

Zimbabwe’s Largest Tea Producer Implements Microgrid from DHYBRID and Blockpower

Project to be showcased at EM-Power in Munich, Germany, October 6-8, 2021 Tanganda Tea Company Limited, Zimbabwe’s largest tea producer and one of the largest on the African continent, uses its own microgrids at Tingamira and Jersey sites for secure and environmentally friendly energy supply since July 2021. The system consists of a megawatt-class solar […]

A Burgeoning Energy Sector: African Energy Week in Cape Town Committed to Promoting Investment in Zimbabwe

During a working visit to Zimbabwe, African Energy Chamber Executive Chairman NJ Ayuk met with H.E. President Emmerson Dambudzo Mnangagwa to discuss extensive investment opportunities across the country’s renewable, natural gas and mining sectors.   Committed to driving attendance at the upcoming African Energy Week (AEW) 2021 interactive conference and exhibition taking place in Cape […]

Unlocking Sustainable Investment in AFRICA through AIM-AFRICA

AIM AFRICA will be a powerful impetus in strengthening AFRICA’s economic stability, sustainability, and growth. The African continent has immense untapped economic potential that presents innumerable opportunities for investors. The continent is also emerging as one of the preferred destinations for investments. According to data released in 2020 by the United Nations Population Division, 56.2% […]

Deepening the Economic Partnership Agreement between the EU and Eastern and Southern Africa

Photo credit: Michal Marek (Pexels.com)

The European Union and five countries in Eastern and Southern Africa – Comoros, Madagascar, Mauritius, Seychelles and Zimbabwe – have started negotiations on deepening their Economic Partnership Agreement. Stakeholders in these countries, including business and civil society, can contribute to this process. One way to contribute is via an independent study launched by the European […]

How to unlock Africa’s $3tn free trade opportunity

Africa-regions. Source: Wikipedia

New research from global law firm Baker McKenzie and Oxford Economics – AfCFTA’s US$ 3 trillion Opportunity: Weighing Existing Barriers against Potential Economic Gains – shows that if fully implemented, the African Continental Free Trade Area (AfCFTA) will unlock significant but uneven growth opportunities on the continent. The African Union is putting the Africa Continental Free Trade […]

The growth of competition laws and enforcement in Africa

Greater Cape Town. January 2007. Photo Credit: Andrew Massyn

By Lerisha Naidu, Partner, and Angelo Tzarevski, Senior Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg African competition law on the continent is the subject of notable growth. An increasing number of jurisdictions have adopted laws and regulations, established authorities, secured membership to regional antitrust regimes and ramped-up enforcement of suspected violations of prevailing competition […]

United Arab Emirates (UAE) To Play Lead Role Investing In Zimbabwe As Part Of Its Africa Investment Strategy

Harare, Zimbabwe from the Kopje. May 2001. Author: Andrew Balet. Source: Wikipedia.

Ambassador to Zimbabwe Highlights United Arab Emirates 2017-2021 African Investment Strategy During Handover Ceremony of Medical Equipment to Harare Central Hospital “Zimbabwe is again open for business – I predict the bilateral relationship between our countries will grow to be three times greater than that of today in the near future,” stated United Arab Emirates […]

Blockchain and Cryptocurrency regulation in Africa under discussion at Afro-Asia Fintech Festival

African countries are no strangers to the use of digital solutions for money transfers, nor to the rapid implementation of such technologies. However, approaches to the regulation of financial technologies (fintech) in Africa has been varied across countries. This is according to Ashlin Perumall Senior Associate in the Corporate/M&A Practice at Baker McKenzie in Johannesburg, who […]

Funding Africa’s Infrastructure Gap

Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. Across the continent, new laws are being implemented and alternative sources of infrastructure funding are being sought in order to kick-start direly needed infrastructure projects. At the centre of it all is China, which is providing alternative […]

10 Winners of the Digital Lab Africa Pitch Competition receive R 42 000 in cash each and residence period in France

Winners of the Digital Lab Africa Pitch Competition announced

Digital Lab Africa (DLA), a springboard and incubation platform for African creatives in digital content, has announced the 10 winning projects of this year’s edition of the DLA accelerator programme. Initiated by the Embassy of France and French Institute in South Africa (IFAS), DLA is managed by the South African technology hubTshimologong Digital Innovation Precinct, with support […]

Trends and Events in Africa 2018

Map of the REC Pillars of the African Economic Community. Photo Credit: Wikipedia

by Johan Burger 2018 has been an interesting year for Africa, with various events and trends becoming visible. 2016 saw the effects of the slowdown of China’s economic growth due to its rebalancing of its economy and the end of the commodity price super cycle. 2017 brought some relief. In Africa, 2018 demonstrated a number […]

Friday@Noon on Agriculture in Africa – 2018

African Business News

by Johan Burger This paper addresses events and trends in the agriculture sector in Africa for 2018. It is based on the media articles addressed in the Friday@Noon weekly newsletters of the NTU-SBF Centre for African Studies in Singapore. These are by no means meant to constitute an exhaustive list of developments. General Agriculture in […]

More aid from Dubai delivered to Mozambique and Zimbabwe

This is the sixth airlift operated by the International Humanitarian City destined to southern Africa where nearly three million people require urgent aid after the tropical storm Idai ravaged the region

For the second time in less than a week, Dubai’s International Humanitarian City, IHC, has dispatched a cargo flight made available by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, a Boeing 747, to deliver much-needed humanitarian aid to victims of Cyclone Idai. The Zimbabwe-bound flight carried […]

Improved housing doubles in Sub-Saharan Africa

A new study led by the London School of Hygiene & Tropical Medicine, Imperial College London and Malaria Atlas Project, University of Oxford has revealed that improved housing had doubled on the African continent between 2000 and 2015. The study published in the “Nature International Journal of Science” is the first accurate estimate of urban […]

Cyclone Idai hit a number of countries in southern Africa—including Malawi, Mozambique, and Zimbabwe—late last week

African Business News

Teams with the international medical humanitarian organization Doctors Without Borders/Médecins Sans Frontières (MSF) are responding to the damage and devastating flooding caused when Cyclone Idai hit a number of countries in southern Africa—including Malawi, Mozambique, and Zimbabwe—late last week. In addition to assessing the damage, teams are working to access people in need and get […]

Twelve most polluted cities in Africa for 2018 Mid-Year

Chart Pollution Index Numbeo

Cairo, the capital of Egypt, is the most polluted city in Africa. The city’s metropolitan area is one of the largest in Africa, the largest in the Middle East and the Arab world, and the 15th-largest in the world, and is associated with ancient Egypt, as the famous Giza pyramid complex and the ancient city […]

How Lives In Africa Are Changing Thanks To Solar Power

African countries are fast adopting renewable energy (solar power) sources in light of the degrading state of the environment because of negative climate change. The growing populations and economies are putting a strain on natural resources, which has led to decreasing vegetation cover which has caused drought. Not only is this a threat to food […]

Zimbabwe businessman’s death exposes South Africa’s murky world of pension funds

Zimbabwe businessman’s death exposes South Africa’s murky world of pension funds

The death of South African based Zimbabwean businessman Abraham Ndoro has opened a can of worms, shedding light on the murky pension industry in the Southern Africa powerful economy. Exactly 16 years after his questionable death in 2008, a dossier has been, for the first time made available by whistleblowers who say the death of […]

Zimbabwe: The Way to the Digital Future

Zimbabwe seeks to create a favourable environment for businesses and investors to find their success in the digital future. After the events of November 2017, there have been changes in the political and business environment. The country holds investment conferences in various sectors to show its investment opportunities. The government has committed to investing from […]