Thursday, December 12Always On-point

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RBZ Instructs Exporters To Pay For Electricity In Forex

Applications, Breaking News
A recent statutory instrument issued out by the RBZ will ensure the never-ending currency confusion in Zimbabwe… never ends. The statutory instrument orders exporters to pay the Zimbabwe Electricity Supply Authority (ZESA) in forex for the next 6 months. Yuhp, remember the use of foreign currencies for local transactions was banned a few months ago? Well, ever since the ban, slowly but surely it’s been reversed conditionally by the same people who issued it out… Anyway, the statutory instrument outlines the following to ZESA: money from exporters can only be used to pay for electricity, imports, spare parts/critical equipments, foreign loan repayments and foreign insurance premiums; exporters that export less than 80% of their output will still have to pay 35% of their electricity bi

Cyber Monday Deal Zone: Save up to $500 on 13-inch MacBook Pros today only

Breaking News, Gizmos
For 24 hours only, B&H has launched an aggressive Cyber Monday Deal Zone promotion, knocking up to $500 off Apple 13-inch MacBook Pros. Quantities are limited, so don't delay in scooping up the flash discounts. Cyber Monday Deal Zone today only Killer Deals AppleInsider proudly offers readers some of the best deals on Apple products year round from top retailers like Amazon, Adorama, B&H Photo, Best Buy, and others. Quiller Media maintains affiliate partnerships with several of these retailers. Although these partnerships do not influence our editorial content, Quiller Media may earn commissions for products purchased via affiliate links. Cyber Monday deals The Cyber Monday Deal Zones at B&H offer savings of up to $500 off 2018 and 2019 13-inch MacBook Pros, many of w...

AfriLabs Announces New Board And There’s A Zimbabwean… On Board

Breaking News
Cheesy title aside you may have heard of AfriLabs before but if you haven’t the entity is a “network organisation” of 150+ innovation centres across 40 countries on the African continent. The hubs serve as meeting points for entrepreneurs, tech enthusiasts and investors and sometimes play host to pitching competitions that see startups and entrepreneurs on the continent secure funding for their businesses. Last week AfriLabs announced a new board with representatives from 7 African countries and one of the board members is Zimbabwean: Secretary: Moataz Helmy (The District, Egypt) Treasurer: Kudzai M Mubaiwa (iZone Hub, Zimbabwe) Francophone representative: Fatoumata Niang Niox (Jokkolabs, Senegal) Board member: Nekesa Were (iHub, Kenya) Board
Airbus Enjoys Flurry of Asia Orders as Boeing Lags With Max Ban

Airbus Enjoys Flurry of Asia Orders as Boeing Lags With Max Ban

Breaking News
Airbus SE has taken orders for more than 350 planes in Asia since August, streaks ahead of rival Boeing Co. as the U.S. planemaker struggles to revive its grounded 737 Max. A big win for Airbus came last month, when Indian budget carrier IndiGo ordered 300 narrow-body aircraft in a deal worth more than $33 billion at list prices. VietJet Aviation JSC and Cebu Air Inc. also confirmed purchases in recent days. Boeing received orders or commitments for only 16 jets in the past three months, according to the Chicago-based company’s website. Airbus orders are for A320neo and wide-body A330neo aircraft, while Boeing’s are for twin-aisle 787s and 777 freighters. Boeing is in the throes of crisis following two deadly crashes of its 737 Max, including a Lion Air flight in October 2018 that pl
Zimbabwean Teen Named One Of Top 50 Women In Engineering In UK

Zimbabwean Teen Named One Of Top 50 Women In Engineering In UK

Breaking News, Jobs, News, What's Hot
A young Zimbabwean teen, Melissa Chigubu has been named as one of the top 50 engineering students in the UK. Melissa who has has been living in the UK since 2012 is currently doing her apprenticeship at Advanced Manufacturing Training Centre’s(AMTC). Speaking about Melissa’s achievement,AMTC’s managing director, Paul Rowlett said: Melissa is a talented and dedicated learner who strives to excel, demonstrating exceptional skills for her early career stage. Our training staff regard her competency portfolio as the best they have ever seen, and this accolade recognises her outstanding performance, professional behaviour and support of other learners. … She is a strong advocate for women in engineering and in apprenticeships. She has been instrumental in activities that aim to encourage w
Dirty US Dollars And Why Zimbabwean Banks Are Charging You For Depositing Them

Dirty US Dollars And Why Zimbabwean Banks Are Charging You For Depositing Them

Breaking News, FinTech
So Standard Chartered Bank have started charging customers for depositing soiled notes i.e dirty USD notes. It’s not little money they are charging too: 10% of the total deposit! How did we get here? Zimbabwe has quite the concentration of dirty US dollar notes. We adopted the currency in 2009 without much of an arrangement with the Federal Reserve Bank of the United States, the guys who actually mint the notes. So we obviously just kept on recycling those same notes without anyone who would swap them out for fresh ones. Then problems Zimbabweans soon realised that the dirty notes we had gotten used to were not readily accepted outside our borders. My colleagues discovered this reality when they went to Capetown a few months ago. Clever guys were now dumping dirty notes with the ban
Econet Pledges to Match Dollar-For-Dollar On All Contributions Made Towards Cyclone Idai Relief Fund

Econet Pledges to Match Dollar-For-Dollar On All Contributions Made Towards Cyclone Idai Relief Fund

Breaking News, News, What's Hot
Thanks Econet As always Econet is already leading the way again in raising money for Cyclone Idai relief efforts. The Mobile Network Operator is daring you to donate any amount you can and Econet will in return contribute the exact amount. That is, if 1000 people contribute $100 000, Econet will also contribute $100 000 (Click here to find out how you make your donation using EcoCash and other means). Thank you to 1027 people who have contributed RTGS$8,658.10 towards #cycloneidai. As part of our commitment, Econet will match dollar for dollar all individual contributions made towards this cause.--techzim
Netone Pledges $50K To Cyclone Idai Fund- Here’s Also How To Make Your Own Donation Using OneMoney

Netone Pledges $50K To Cyclone Idai Fund- Here’s Also How To Make Your Own Donation Using OneMoney

Breaking News, News, Telecomms
Thanks Netone Netone is another Mobile Network Operator that has decided to set up a relief fund for the Cyclone Idai disaster. Netone has led the way by pledging $50 000 for the purchase of food to provide to those areas heavily affected by the cyclone. You can make a donation to the fund using Netone’s mobile money platform, OneMoney. --techzim
Standard Bank Closing 91 Branches, The Robots Are Here To Take Our Jobs!

Standard Bank Closing 91 Branches, The Robots Are Here To Take Our Jobs!

Applications, Breaking News, FinTech, Jobs, News, Security, What's Hot
Dramatic title aside, automation has been a very touchy subject over the past few years and recent developments at Standard Bank SA won’t do anything to halt people’s animosity towards the digital transition the world is going through right now. The bank has announced that they will be closing off 91 branches and this is expected to affect 1200 jobs. Why? Well, put simply the bank has said they are revising their business model and because similar measures were taken in Zimbabwe last year (though not at a similar scale), this doesn’t come as too much of a surprise. Standard Bank had the following to say about this move: As part of the implementation of the new banking delivery model, some of the roles currently being performed in our branches will change. These changes will impact ap
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