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Business
VC spending in South Africa set to hit $11m this year
Venture capital (VC) spending in South Africa is set to hit ZAR146 million (US$11 million) this year, according to new figures from the Southern African Venture Capital and Private Equity Association (SAVCA), up from ZAR109 million (US$8.3…
Cultivating Africa’s next generation with Rachel Nyaradzo Adams
With 200 million people between 15 and 24, Africa has the youngest population in the world. As the region rapidly develops, youth are critical to catalyzing future socioeconomic growth. Rachel Nyaradzo Adams is the founder of Narachi…
The Trillion Dollar African opportunity
By Martin Ganda An American football stadium uses the same amount of power during a match as the entire country of Liberia uses in one day. 85% of rural Africans must burn biomass for fuel, threatening their own health and the health of the…
Telecel opens franchise shops
TELECEL Zimbabwe has introduced ten new franchise stores in Zimbabwe in line with plans to expand the mobile network’s retail footprint through a new franchise model designed to meet increasing customer service needs. The company has…
Greece votes No: experts respond
Costas Milas, University of Liverpool; George Kyris, University of Birmingham, and Richard Holden, UNSW Australia The Greek people have voted, saying a resounding No to the terms of the bailout deal offered by their international creditors.…
The Telecel Saga – The Problem of Primitive Accumulation in Zimbabwe
By Alex T. Magaisa Two stories in the last few days encapsulate the problem with the Zimbabwe Government’s mismanagement of the economy and why, with this style of economic governance, the country cannot hope to get out of the current lurch…
Bond coins now acceptable change
The country’s bond coins which were once shunned by both buyers and traders seem to now have become acceptable form of loose change on the local market. During their introduction late last year, both coins were viewed with such mistrust…
@Telecel_Zim Press Statement on Licence Cancellation
Telecel Zimbabwe has been notified by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) of the cancellation of its licence to provide national cellular telecommunications services. This measure is unfair and…
POTRAZ orders @Telecel_Zim shut down
The Postal and Telecommunications Regulatory of Zimbabwe (POTRAZ) has cancelled Telecel Zimbabwe's operating licence. The termination is with effect from 28 April 2015. In a statement POTRAZ said Telecel will be allowed to operate for only…
Zim drivers and conductors form union
Drivers and conductors in the country have formed an organisation called Zimbabwe Union of Drivers and Conductors (ZUDAC) to advocate for better working conditions in the drivers’ sector. President of ZUDAC Fradreck Maguramhinga said that…