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AfricanVoice Global

Always There When it Counts

Month: March 2019

Old Mutual Zimbabwe FY18 profit rises to $300 mln, wary of inflationary pressures

Almot Maqolo HARARE – After-tax profits for Zimbabwe’s financial services giant Old Mutual Zimbabwe rose 37% to $300.7 million for the year ended 2018, the company has revealed. The surge, from $219.3 million recorded in 2017, was backed by cost…

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Zimbabwean musicians fundraise for Cyclone Idai victims

Lisa Duduzile BULAWAYO – Zimbabwean musicians have lined up several concerts around the country meant to raise funds to assist victims of the Cyclone Idai disaster. Hundreds of lives were lost, many people were injured, while hundreds of others were…

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Command Agriculture lies exposed ….. Zim left with just seven months’ supply of maize

Steven Mahwai HARARE – Crisis-hit Zimbabwe is left with seven months’ supply of both the staple maize and small grains supply, according to a government minister. This spells more doom for the impoverished state, which has heavily relied on donor…

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Morocco inks investment projects worth billions of dollars

RABAT – Moroccan government has approved 28 new investment projects worth 2.4 billion U.S. dollars in various sectors, the prime minister’s office said in a statement on Wednesday. The projects will create 4,346 direct jobs and 7,934 indirect ones, the…

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Mozambique floods a highest-level emergency, WFP

News Reporter BEIRA – The United Nations World Food Programme declared the Mozambique flood crisis a Level 3 emergency Friday, putting it among top response priorities for the organisation, on a par with Yemen, Syria and South Sudan. The designation…

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How Zimbabwe will benefit from its new $3,4m Walvis Bay Dry Port

Zimbabwe has completed the construction of a Dry Port Facility at Walvis Bay in Namibia in a move expected to boost trade and bilateral relations between the two countries. But more importantly for trade, it is anticipated that this facility…

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US$5.2 million boost for fight against malnutrition in Chad

News Reporter N’DJAMENA – The UK government has committed another equivalent of US$5.2 million to support UNICEF’s treatment of severe acute malnutrition in Chad. The fund, donated through the Department for International Development, will expectedly bolster lifesaving interventions in the…

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Malawi: UK provides $4.5 million humanitarian response to Malawi floods

News Reporter LILONGWE – The United Kingdom’s Department for International Development this week provided US$4.5 million towards humanitarian response for displaced people, following heavy rains and catastrophic floods in the south of Malawi. The funds donated to fund the works…

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Somali refugees face violence back home as Kenya threatens camp shutdown

NAIROBI – Kenya has submitted plans to shut the camp complex located in the east of the country near Somali border by August, according to internal UN documents. A quarter of a million Somali refugees face violence back home if…

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Zimbabwe: Robert Mugabe dragged to court

Steven Mahwai HARARE – Two miners have dragged Gushungo Holdings (Pvt) Ltd, owned by former President Robert Mugabe and his family, to court, seeking an order to reinstate their dismissed land dispute with the former Head of State. The gold…

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