news and current affairs.
Techies want cash to fuel Africa AI factory
Tech experts want more help from government leaders to catch up with other African countries. Cassava Technologies plans to build the first AI factory in Africa with partner NVIDIA. Company president Hardy Pemhiwa aims to add advanced computing abilities to African digital systems. The new factory will solve problems that held back tech growth across the continent. It will combine special computer chips with AI technology to create more space for local talent. NVIDIA brings fast, energy-efficient computing power to ensure the factory runs well. Google and IFC Gateway Capital invested money in this project, showing they believe in African tech potential. Local expert Dr. Milton Murapa called this a model for Zimbabwe and the entire...
Double Murderer Jindu Breaks Down at Life Sentence
Rodney Tongai Jindu cried as a Bulawayo judge gave him two life sentences yesterday for killing his friends in 2017. He originally faced death sentences before President Mnangagwa ended capital punishment last year. His lawyers told the court Jindu had changed, becoming religious during his time behind bars. The prosecutor argued both murders were planned ahead of time. Justice Nokuthula Moyo noted that Jindu showed no real remorse since he never sent anyone to apologize to the victims' families. She rejected his claim that drugs made him kill his friends. The judge pointed out that he used a gun for both killings. Jindu also cut up the bodies afterward. Body parts from both victims remain missing today. Jindu killed his childhood...
Afreximbank Rakes in 974 Million Dollars
The African Export-Import Bank made record profits last year despite global money troubles. Its net income jumped 29 percent to $973.5 million through December 2024. Total income grew to $3.3 billion as the bank handled more business. It managed borrowing costs well, pushing interest income up 25 percent to $1.8 billion. The bank became more efficient, with expenses taking just 18 percent of income. Total assets, including guarantees, reached $40.1 billion, a healthy rise from last year. Customers' loans increased alongside investments in buildings. Construction sped up on trade centers in Nigeria and Zimbabwe. Shareholder funds grew 17 percent to $7.2 billion from profits and new capital contributions. Bloomberg ranked Afreximbank...
Homegrown Edu Tech Shifts Uni Data Game
Zimbabwe rolled out DuraIsiphala263 yesterday, a locally created system that helps education leaders make better decisions. The Higher Education Minister Frederick Shava called it part of President Mnangagwa's plan for a knowledge economy. The system stores information from all colleges about programs, students, graduates, and staff. It gives officials quick stats they can use right away. Several government ministers attended the launch event. The new tool lets planners predict what jobs Zimbabwe will need in coming years. It also allows them to match school programs with what the economy actually requires. Minister Shava mentioned plans to connect this database with other government systems, like exam results. He asked everyone...
Sengezo Beats Rogue Committee in CCC Reversal
The High Court ruled for Sengezo Tshabangu against the Welshman Ncube faction of the CCC party last week. Judge President Mary Dube declared the disciplinary committee's actions against him unlawful. Tshabangu had been kicked out of the party after a February hearing. He claimed committee members lacked authority because their terms expired in May 2024. The court agreed with his position. Justice Dube found that office terms for leaders elected at the 2019 Gweru Congress had indeed expired, as stated in party rules. She determined that these leaders held office illegally after that date. Any decisions they made, including Tshabangu's removal, became invalid. Tshabangu also argued the discipline process contained serious flaws, like...
Industry on Fire as Jobs Climb, Exports Rise
Zimbabwe plans to keep helping factory owners through rules that match national goals for 2030. The government wants factories to work at full speed instead of sitting idle. Industry Secretary Thomas Wushe spoke at an event where business leaders released their yearly factory report. The report showed that some parts of manufacturing did well despite overall numbers dropping slightly. About 14 percent of factory workers have permanent jobs, showing the sector still creates steady work. New companies less than five years old increased their output by 14 percent. Large companies grew production by 8 percent even though the whole sector fell just half a percent. The ZiG currency arrived in April 2024, bringing short-term stability before...
House Plan Fiasco Hits Local Builders
Property developers need a registered architect first when planning to build a house. These professionals design plans that match what the homeowner wants but also meet city rules. Once complete, the plans go to the local district office before moving to Cleveland House downtown, where city experts work. Officials from the health, fire safety, and planning departments review everything together to make sure it follows regulations. The chief building inspector gives final approval after everyone has checked the plans. Developers receive a building form with a notice they must submit when footings are ready for inspection. Each construction phase needs approval from building inspectors afterward. The approval process takes about two...
Harare Pays for Council Building Blunder
Harare citizens will pay for compensation after city officials wrongly approved a building that extends onto Alpes Road in the Vainona suburb. The double-story structure stands too close to the road, making it impossible to build a proper wall or provide parking. City planning director Samuel Nyabezi admitted that staff failed to check plans properly before stamping approvals. The total compensation amount remains unknown at this time. According to Nyabezi, building inspectors approved plans without comparing them to actual site conditions. The nearly finished structure measures about 35 meters by 15 meters and has office spaces upstairs. It sits less than four meters from the main road and has a plumbing pipe between it. The owner...
Zim and China Up Their Game with New Trade Deals
Zimbabwe started working on projects agreed upon with China during President Mnangagwa's visit last year. The countries signed 17 cooperation documents, including 14 memorandums of understanding. They plan to collaborate on investment, trade, infrastructure, mining, energy, and digital economy matters. Mnangagwa met with a Chinese delegation led by Jiangsu Province's Executive Vice Governor Ma Xin yesterday. They talked about following through on agreements between their leaders. The Chinese officials came to strengthen partnerships in infrastructure, medicine, and solar power. Jiangsu is China's second-largest provincial economy after Guangdong. Officials believe both sides will benefit from expanded cooperation. The Zimbabwean...
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