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tgotosah · 3 years
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Sandvik opens mine tech centre in Zimbabwe
Sandvik opens mine tech centre in Zimbabwe
SWEDISH engineering company Sandvik Mining and Rock Solutions has launched a new technology centre in Zimbabwe to take advantage of local miners’ push for automation to manage rising costs. The centre, based in Harare, has already signed up companies with hard-rock mines to use digital systems in monitoring production. “Our starting point was an Optimine implementation for the monitoring and…
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tgotosah · 3 years
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Midterm Budget Review: Key takeaways from Mthuli Ncube's statement
Midterm Budget Review: Key takeaways from Mthuli Ncube’s statement
Finance and Economic Development Minister Mthuli Ncube on Thursday delivered his mid-term budget review statement, making no major policy decisions and saying he may not need additional funding for his 2021 budget. He made no major announcements on taxation, the currency, or any measures likely to shake tables immediately. Here is a summary of some of the main takeaways from Ncube’s…
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tgotosah · 3 years
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Hackers and Bluetooth, How you can protect your phone
Hackers and Bluetooth, How you can protect your phone
Bluetooth is an amazingly useful wireless technology built into almost every smartphone, tablet and laptop. We can use it to transfer files, play audio wirelessly, collect health data from wearable trackers and more. But like WiFi, Bluetooth is being targeted by hackers as a way to break into your devices and steal personal data. Because it is so useful, most of us keep Wi-Fi and Bluetooth…
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tgotosah · 3 years
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Tokyo Olympics: COVID-19 cases rise to 133
Tokyo Olympics: COVID-19 cases rise to 133
TOKYO. The number of COVID-19 cases at the Tokyo Olympics has risen to 133, organizers said on Sunday, as the major sports event continued in Japan’s capital. According to the organization committee, 10 more people, who came to the country for the Olympics, tested positive for the virus. It was further noted that one of the athletes diagnosed with the virus was housed in Tokyo’s Olympic…
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tgotosah · 3 years
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Burundi suspends int'l mining contracts over income row
Burundi suspends int’l mining contracts over income row
Burundi’s government has suspended the operations of several international mining companies, arguing that it was not receiving its fair share of income from the country’s mineral wealth, local media reported on Saturday. British, Chinese, and Russian companies are among the seven firms affected by the decision. The key company among them is the British-listed Rainbow Rare Earths, which runs the…
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tgotosah · 3 years
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Maisha Health launches an inclusive phonebased medical system
Maisha Health launches an inclusive phonebased medical system
CASSAVA Smartech Zimbabwe’s health insurance unit, Maisha Health Fund, has launched an innovative and convenient way to register for medical aid cover through the mobile phone. Cassava Smartech’s chief executive officer, Mr Eddie Chibi, announced the new product on Tuesday, which is expected to enhance inclusiveness in insurance cover.He said the financial technology group had made strides in…
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tgotosah · 3 years
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COVID-19 and climate change: The search for new models of sustainable development
COVID-19 and climate change: The search for new models of sustainable development
Is there a correlation between the Covid-19 pandemic and climate change? Apparently not. The virus is supposed to weaken with high temperatures and – unlike winter months when people stay indoors more (a situation that favours infections) – in the summer people tend to stay more outdoors or in constantly ventilated rooms and therefore be less exposed to viral aggression. A study by the…
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tgotosah · 3 years
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Olympics: The 2032 Games will be held in Brisbane, Australia
Olympics: The 2032 Games will be held in Brisbane, Australia
The Australian city has been chosen as the venue for the 2032 Olympic Games at the International Olympic Committee session held this Wednesday in Tokyo. Paris 2024, Los Angeles 2028… and the 2032 Olympic Games already have their official headquarters. They will go to Oceania, to Australia. Specifically Brisbane, a city of more than two million inhabitants located in the east of the country. The…
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tgotosah · 3 years
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ESG: Sustainable investments account for over a third of global assets
ESG: Sustainable investments account for over a third of global assets
LONDON(Reuters) – Sustainable investments total $35.3 trillion, or more than a third of all assets in five of the world’s biggest markets, a report from the Global Sustainable Investment Alliance on Monday showed. Investors are increasingly driven by environmental, social and governance-related (ESG) factors that traditionally have not been captured in a company’s balance sheet, but that can…
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tgotosah · 3 years
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WhatsApp to let users message without their phones
WhatsApp to let users message without their phones
WhatsApp is testing a new feature that will let people message without using their phone for the first time. At present, WhatsApp is linked to a user’s phone. Its desktop and web apps need that device to be connected and receiving messages. But the new feature will let users send and receive messages “even if your phone battery is dead”. Up to four other devices – like PCs and tablets – can be…
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tgotosah · 3 years
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SA Riots: Region feels the heat
SA Riots: Region feels the heat
ZIMBABWE and the rest of Southern Africa are on the edge, amid fears of protracted instability and violent riots in South Africa, which this week disrupted access to the key regional trade port of Durban. Experts who spoke to The Financial Gazette yesterday said the startling mayhem which is being witnessed in South Africa, the sub-region’s economic powerhouse and Zimbabwe’s biggest trading…
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tgotosah · 3 years
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Zimbabwe extends lockdown, targets to vaccinate one million in 2 weeks
Zimbabwe extends lockdown, targets to vaccinate one million in 2 weeks
HARARE – President Emmerson Mnangagwa extended Zimbabwe’s Covid-19 lockdown by another 14 days, further delaying the re-opening of schools which were due to re-open for the second term on June 28. In a televised address, Mnangagwa said Zimbabwe is aiming to vaccinate one million people against Covid-19 during the lockdown extension. Faced with rising infections and deaths, Mnangagwa on June 29…
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tgotosah · 3 years
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SA: THE IMPACT OF RIOTS AND LOOTING ON THE RAND
SA: THE IMPACT OF RIOTS AND LOOTING ON THE RAND
THE rand continued to lose ground against the major currencies in evening trade on Tuesday, amid ongoing violence and looting in areas of KwaZulu-Natal and Gauteng. It follows the arrest of former president, Jacob Zuma on July 7, to begin a 15-month sentence for contempt of court. The currency lost in excess of two percent against the dollar in mid-afternoon trade on Tuesday, having lost 1,6…
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tgotosah · 3 years
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Argentina beat Brazil to win the Copa America
Argentina beat Brazil to win the Copa America
Argentina beat Brazil 1-0 in Saturday’s Copa America final to secure the national team’s first title in 28 years. Argentina’s winning goal at the Maracana Stadium in Rio de Janeiro came in the 22nd minute after Rodrigo De Paul made a long pass to Angel Di Maria. The 33-year-old veteran striker counted on some sloppy defending from left-back Renan Lodi to take control and lob it past goalkeeper…
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tgotosah · 3 years
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'TOURISM RECOVERY REMAINS UNCERTAIN'
‘TOURISM RECOVERY REMAINS UNCERTAIN’
AFRICAN Sun Limited (Afsun) says outlook for the tourism sector remains uncertain as disruptions from the Covid-19 pandemic have persisted. In a trading update, the hospitality group said the contagion had brought about uncertainties, which makes it difficult to forecast future performance, even in the short to medium term. “The group anticipates continued disruption to travel and tourism in…
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tgotosah · 3 years
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ECONET WINS TOP COMPANIES AWARD
ECONET WINS TOP COMPANIES AWARD
ZIMBABWE Stock Exchange (ZSE)-listed mobile network operator, Econet Wireless, was last night crowned the best performing company on the local bourse at the Financial Gazette’s Top Companies Survey 2021 sponsored by financial services giant, Old Mutual Zimbabwe. Leading beverages manufacturer, Delta Corporation, was the first runner-up, while fast foods giant Simbisa Brands was crowned second…
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tgotosah · 3 years
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Exemption letters reinstated as COVID-19 cases surge
Exemption letters reinstated as COVID-19 cases surge
WITH the lethal coronavirus continuing to wreak havoc in the country, authorities announced last night that law enforcement agents would turn away people entering city centres without travel exemption letters. In addition, they also re-instated police checkpoints in and around major roads leading to city centres, to enforce the latest hard lockdown measures. This comes as more and more people…
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