Category: Business
Forget gold coins, this local firm wants you to preserve value in cattle
Value preservation is the name of the game if you want to exist in Zimbabwe. With the local currency being a meme coin at this point, losing value faster than it can be printed, every Zimbabwean is trying all they can to retain value. To this end, Zimbabweans cannot be faulted for lacking inventiveness. Everyone […]
Game Changers Zim announces finalists for its US$1.5 mil challenge
A couple of months were reported on a program called Game Changers that was looking for 30 local entrepreneurs to give a share of US$1.5 million as well as mentorship, and a full-stack business support system. Well, the finalists have been announced and they come from all 10 provinces in Zimbabwe. Game Changers Harare Finalists […]
Wondering what an Angel Investor is? Tech Hub Harare has you covered
The team over at Tech Hub Harare has announced that it will be hosting a webinar that will be attended by the Angel Investors Network of Zimbabwe this Wednesday starting at 18:00hrs. Speakers for the Tech Hub Harare Webinar include: Bekithemba Nkomo – the Managing Director for Lloyd Corporate Capital which recently announced that its […]
Zim Startups! Check out this European Union Africa-wide accelerator
The SBC Virtual Acceleration powered by EiA (Enrich in Africa) encourages and eases the mobility of entrepreneurs from African or European countries to Europe through various modules. The program promotes skills development, skills transfer as well as the internationalization of innovative solutions! The aim of the call for application is to select 10 startups in […]
Zim Startups! PC hardware firm NVIDIA wants to give you access to its tech!
NVIDIA Inception is a free program designed to help your startup evolve faster through access to cutting-edge technology and NVIDIA experts, connections with venture capitalists, and co-marketing support to heighten your company’s visibility. Through NVIDIA Inception, your startup has access to unparalleled support, ranging from training through NVIDIA’s Deep Learning Institute, to unlimited access to […]
ZB Bank has rebranded & says it wants to put a smile on its customers’ faces
ZB Bank Zimbabwe yesterday held an event where it unveiled its new company branding and direction to shareholders, customers and the press. Before I go any further, I would like to commend ZB for the most “to the point” presentation I have ever witnessed. The CEO Shepherd Fungura was the only one from the bank […]
Hillcrest ICT Expo: drones, FOOD, rugby and supercomputers
Over the weekend, Hillcrest College hosted its annual Winter Fair and Tech Expo. The event was well attended with companies like Liquid Home Utande Old Mutual Fusertech Precision Arial Axis Solutions Zimbabwe Centre for High-Performance Computing and more exhibiting their wares in the Eastern Highlands. Students and attendants were treated to a show from all […]
Liquid Intelligent Technologies’ Microsoft 365 suite pitch
Liquid Intelligent Technologies is making a concerted push for its Microsoft 365 services locally. If you remember, late last year Liquid Telecom was rebranded in order to represent its new business strategy of not just being a telecoms carrier to being a full suite technology company. For those who may have forgotten, this angle isn’t […]
Zim healthcare startups! Check out this funding opportunity
Health54 is the healthcare dedicated Corporate Venture Capital (CVC) vehicle of CFAO Group (part of Toyota Tsusho), a key player in mobility, healthcare, consumer goods, infrastructure, and energy in Africa. CFAO Healthcare is a leader in the African pharmaceutical market with operations in more than 23 countries in Africa. We believe that the future of […]
TECHNIKARI: ZESA’s strength is TRANSMISSION infrastructure, not power generation with DPA CEO Norman Moyo
On this episode of Technikari, I was joined by Norman Moyo the CEO of the Econet Group subsidiary that Strive Masiyiwa said would be bigger than Liquid Intelligent Technologies and Econet Wireless – Distributed Power Africa (DPA). We discussed the state of power generation in Africa with a particular focus on the Zimbabwe Electricity Supply […]
NMB on a security mission, finally deactivates magnetic stripe cards
There was obviously a serious meeting on security over at NMB Bank. We are now seeing the resolutions that were made at that meeting come to life. Just yesterday we were discussing how NMB now won’t let you log into their mobile banking app unless you pony up your location data. NMB confirmed that they […]
Zim mobility & logistics startups! Check out this funding opportunity!
Mobility 54 is a corporate venture capital of Toyota Tsucho & CFAO group – the largest distribution network in Africa. They are investing in high-potential startups in Africa and for Africa, as well as also providing industrial support to our partners. The initiative is organizing a startup pitch contest – “2022 Digital Transformation Challenge” calling […]
Want to learn from the best? Check out this free US-based startup school
US-based accelerator Y Combinator has announced that it has opened registrations for its free online startup school. “Startup School is completely free. All you need is a device with access to the internet. We believe that all founders should have access to the best startup advice – no matter where in the world you’re building […]
Zim startups! check out this US$25,000 Innovation Competition
The annual Digital Innovation Competition for African Startups is facilitated every year by the U.S. Chamber of Commerce’s U.S.-Africa Business Center (USAfBC) in partnership with AmChams across Africa. Each year, the Competition awards talented innovators, entrepreneurs, and startups behind digital products and services that create a positive impact on African citizens. The 2022 winner will receive […]
Second-hand car importers to pay USD146 inspection fee (plus duty)
Anyone in Zimbabwe looking to import a second-hand car will now need to pay ZAR2,310.00 (or USD146) as part of a roadworthiness inspection. This starts on the 1st of June 2022 and the firm that was contracted to do this by the Ministry of Industry and Commerce is the EAA Company Limited. The statement by […]
StanChart increases online & bank app transfer limit to ZWL$25 million
Standard Chartered Zimbabwe (StanChart) has announced in a circular to customers that it has reviewed its transfer limit via its online and mobile application banking platforms to ZWL$25 million. The message from StanChart about the transfer limit reads as follows: Dear Valued Client, We are pleased to advise that we have increased our funds transfer limits […]
Zim Startups!! Check out this €5,000 Challenge!
As the climate crisis intensifies and biodiversity loss accelerates, the work of nature conservation non-governmental organisations is becoming increasingly urgent. To tackle this matter, Impact Hub partnered up with the Luc Hoffmann Institute and the Commission on Environmental, Economic and Social Policy (IUCN CEESP) to launch the Future of Conservation NGOs Innovation Challenge. The challenge […]
Zim Startups! Check out the Social & Inclusive Business Camp
The Social & Inclusive Business Camp is an acceleration and capacity building programme. It is dedicated to entrepreneurs with an impact project on the African continent and willing to scale up. The Social & Inclusive Business Camp is a hybrid support programme, including: 3 months of remote coaching on a dedicated online platform, alternating interactive […]
Need startup funding? Check out this new local crowdfunding platform
On the 13th of April 2022, the Reserve Bank of Zimbabwe approved Lloyd Crowdfunding, a subsidiary of Lloyd Corporate Capital, to operate within the guidelines of the Fintech Regulatory Sandbox. Crowdfunding for business is the online offering of financial securities of a private company to a group of people for investment. Crowdsourcing makes use of […]
Freshly RBZ approved Access Forex gave us a tour of their ZITF2022 Booth
Earlier this week we reported on Access Forex getting Reserve Bank of Zimbabwe (RBZ) approval to resume domestic (city to city) remittances. During our travels at the Zimbabwe International Trade Fair (ZITF2022), we got a chance to talk to Shingai J. Koti, the Chief Marketing Officer at Access Forex. She was also kind enough to […]
The RBZ suspended InnBucks and Access Forex domestic transfers temporarily. Let’s discuss what that was all about.
In what came as a shock to most, the Reserve Bank of Zimbabwe ordered Simbisa Brands (Private) Ltd to cease operating InnBucks, its rewards and loyalty program (money transfer service) last week. The RBZ was concerned about the money transfer service part of InnBucks. According to the RBZ, InnBucks did not have the necessary approvals […]
ZIMOCO brought its very best to ZITF2022, Merc, Haval, GWM, Jeep & more
Day 1 of the Zimbabwe International Trade Fair was a little lacklustre. Most of the exhibitors were still in various stages of setting up their stalls and installations. However, by the time Day-2 rolled around things were truly up and running and in our travels, through the ZITF2022 exhibition, we were given a tour of […]
Elon Musk buys Twitter for $44bn, has many ideas including transparency on censorship decisions
Elon Musk made an offer to purchase Twitter less than 2 weeks ago, on the 14th of April 2022. The Twitter board of directors flailed about, contemplating ways of fending off the takeover. However, as it became clear that Musk was serious about the offer, which valued Twitter at $44 billion, the board had no […]
RBZ gives Access Forex the green light to resume local transfers
Local domestic and international money transfer platform Access Forex is back in the business of local remittances after a few days of suspension due to pending Exchange Control regulatory approvals. This comes after the Reserve Bank of Zimbabwe gave the company the green light to resume domestic foreign currency remittance activities after processing its licensing […]
ZITF 2022 Day 1. What to expect.
The first day of ZITF was interesting. It was all setup. Here is what to expect for the rest of the week. Quick NetOne, Econet, And Telecel Airtime Recharge Number to recharge: Airtime amount ($): EcoCash or OneMoney number: Buy Please dial our USSD code *405# on your phone to buy airtime because this page […]
OK is ditching physical coupons & going digital for Grand Challenge Promotion
One of the country’s oldest promotions, the OK Grand Challenge is back and is sticking digital channels according to the launch event for the annual promotion held late last week. You can watch the launch event on YouTube with the player below or by clicking the link here The last edition of the OK Grand […]
EcoCash enters USD money transfers with a domestic remittance service
It was just a matter of time, wasn’t it? With domestic remittance services launching left right and centre, EcoCash was the last marquee name that wasn’t in the mix. Which was, until last night, a little surprising… The remittance game in Zimbabwe is one of the most sought after because the figures for incoming funds […]
Strive Masiyiwa’s daughter replaces him on Econet board
Just over a month ago, Econet Wireless announced that their founder, Strive Masiyiwa, was stepping down from the board of directors of the company. He had been on the board since inception in 1993 and the announcement closed the chapter on a very long and dramatic 29 years. The Masiyiwa story at Econet is far […]
Zim entrepreneurs! There is US$50K up for grabs, do you have what it takes?
Game Changers Zimbabwe has announced a US$50,000 competition for 30 local entrepreneurs to secure funding, mentorship, investment and a full-stack business support system. The initiative is seeking to develop Zimbabwe through empowering a new generation of Zimbabwean youth entrepreneurs with equity investments, mentorship and advisory support. The goals for the program are to: Create sustainable […]
Zim has a new online store called Kwingy and its data free
E-commerce platforms have been launching left right and centre over the last couple of years because the pandemic brought about a need for businesses to have an online presence but without the hassle of having to engineer a website from scratch. Over the last couple of years or so we saw a number of websites […]