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Nespresso uses blockchain to track coffee from Zimbabwe

Nespresso uses blockchain to track coffee from Zimbabwe

Applications, News, What's Hot
Nespresso is using blockchain to enable consumers to trace the origin of Zimbabwe sourced coffee back to the farm. Two years ago, Nespresso started a Reviving Origins program to restore coffee agriculture in regions affected by conflict or other changes. In the late 1980s, Zimbabwe produced 15,000 tons of coffee and by 2017, the figure was just 500 tons. The country’s main agricultural produce is tobacco. Nespresso says it had a traceability program in place since 2003, but it simply hasn’t shared it with the public yet. “We know that consumers are more and more interested to know where their coffee is coming from. Thanks to our AAA Sustainable Quality™ Program, we have had traceability back to individual farms in our value chain for over 15 years,” said Guillaume

Cassava jumps to the top on ZSE

FinTech, What's Hot
Fintech group, Cassava Smartech, has jumped to top company on the Zimbabwe Stock Exchange (ZSE) by market capitalisation, replacing Delta from its long held position. Figures from the local bourse show that the fintech group is now valued at $8,366 billion as at close of Wednesday trade. This means Cassava now accounts for 13,63 percent of the ZSE total market value. Occupying second position on the bourse is Econet with a total market value of $8,205 billion and accounting for 13,37 of ZSE’s total market capitalisation. Market watchers are of the view that Covid-19 highlighted the vulnerabilities associated with cash based transactions and markets built on outdated technologies. As such, the pandemic may narrow investors’ focus to new calls technologies that address those v

Vodacom CEO donates salary to COVID-19 response

News, Telecomms, What's Hot
JOHANNESBURG – AN executive in the telecommunications industry has pledged to donate a third of his salary to complement government efforts to counter the impact of the coronavirus (COVID-19) outbreak in South Africa. Shameel Joosub, the Group Chief Executive Officer of Vodacom, made the pledge towards the Solidarity Fund for the next three months. The fund enables individuals and organisations to contribute to the detection and prevention of COVID-19, to provide care for those that need medical care and to support those whose lives have been disrupted by the health crisis. Joosub’s commitment is an endorsement of the announcement by President Cyril Ramaphosa that he and his cabinet would for the next three months take a one-third salary cut. “I, too, will heed the presid

Is Econet Wireless Zimbabwe Preparing a Successor

Jobs, Telecomms, What's Hot
Econet Wireless Zimbabwe has recently createda nonexistent vacant post of deputy CEO, the highest post ever, except that it deputizes the CEO to safely find a new role for Mr. Roy Chimanikare. The company in its 2 decades of existence had never had this post and of course, for whatever reason, they found it in their wisdom to introduce this new post, but as always #MondayBlues would like to think otherwise. Econet Wireless has had Mr Mboweni as their one and only successful chief Executive since formation, and the company has not known any other chief executive while it has greatly grown in leaps and bounds, creating Cassava Fintech, a separate entity that is now listed and doing very well in the market. Maybe for Mr Mboweni, he has seen it all, done it all and now needs to

South African to be hit by a hike in electricity tariffs

Breaking News, News, What's Hot
Consumers can brace themselves for another hike in electricity tariffs. Eskom announced in a statement on Saturday that the National Energy Regulator of SA (Nersa) had approved tariff increases. "On 9 March 2020, Nersa approved Eskom's allowable revenue from standard tariff customers to be 8.76% which will be implemented on 1 April 2020 for Eskom direct customers and 6.90% for municipalities which will be implemented on 1 July 2020," the electricity provider said. Eskom had submitted a revised tariff hike request to Nersa in February. The power utility said recently that though the low electricity demand during the lockdown gives it an opportunity to maintain its power stations, the lower usage also has negative financial implications. "While this gives Eskom a much-needed...

South African to be hit by a hike in electricity tariffs

Breaking News, News, What's Hot
Consumers can brace themselves for another hike in electricity tariffs. Eskom announced in a statement on Saturday that the National Energy Regulator of SA (Nersa) had approved tariff increases. "On 9 March 2020, Nersa approved Eskom's allowable revenue from standard tariff customers to be 8.76% which will be implemented on 1 April 2020 for Eskom direct customers and 6.90% for municipalities which will be implemented on 1 July 2020," the electricity provider said. Eskom had submitted a revised tariff hike request to Nersa in February. The power utility said recently that though the low electricity demand during the lockdown gives it an opportunity to maintain its power stations, the lower usage also has negative financial implications. "While this gives Eskom a much-needed...
Zim Now Has $25m For Space Satellite Centre

Zim Now Has $25m For Space Satellite Centre

Breaking News, Gizmos, Media, Security, What's Hot
When the National Budget was announced last November, the proposed setting aside of resources for the launch of a satellite raised a lot of eyebrows. Whilst there wasn’t much in the way of updates, the Minister of Higher & Tertiary Education, Innovation Science and Technology Prof. Amon Murwira recently confirmed that TelOne’s Satellite Centre is set for a $25 million upgrade; We hope that as we start the next quarter, work will have begun. The work will be done by staff from our ministry. More than $25 million has been allocated to us for the setting up of infrastructure at the centre in Mazowe. Prof Amon Murwira Why satellites? One of the biggest questions raised at the time was whether or not the money that would be invested in this
Econet Dismisses False Claims That They’ve Declared A National Shutdown

Econet Dismisses False Claims That They’ve Declared A National Shutdown

Jobs, Media, Mobile Money, Security, Telecomms, What's Hot
Recently, there was a voice note circulating on social media and WhatsApp and the person behind it claimed to be an Econet employee who had been informed that at some point this week the telecoms company will close down its shops. An Econet spokesperson refuted the message and said their shops will remain operational as they take measures to safeguard against the virus; While we are taking all the necessary steps and precautions to protect our staff and customers at this time, there is no truth whatsoever in claims that we have ‘declared a national shutdown. It is not our place or responsibility to make any such public healthcare pronouncements which we believe are the prerogative of the government and public healthcare experts. Our shops will be ope
Zororo Makamba Dies Of COVID 19, Zimbabwe’s Health Minister’s Lies And The Danger

Zororo Makamba Dies Of COVID 19, Zimbabwe’s Health Minister’s Lies And The Danger

Breaking News, News, Security, Social Media, What's Hot
On Saturday the Minister of Health confirmed that there were two new confirmed COVID 19 cases in Zimbabwe. Other sources were saying there were actually two new cases bringing the total confirmed cases to 3. Word started spreading on social media that one of the two new cases was Zororo Makamba a media personality and son to businessman and co-owner of Telecel Zimbabwe, James Makamba. The minister of health then came on record and claimed that he had never even heard of the name Zororo Makamba before. This was after being quized about citizen questions on why Zororo was being treated at a hospital that has not been designated to handle COVID 19 cases. The minister’s exact words: All Our Covid 19 virus suspects and patients are only admitted at Wilkins hospital, th
Buddie Beatz Review: What You See Isn’t Always What You Get

Buddie Beatz Review: What You See Isn’t Always What You Get

Entertainment, Gizmos, Media, What's Hot
Buddie Beatz has been around for a long time now. 11 Months now if we’re being precise. Since it’s launch the monthly packages price was reduced but so was the data you get to stream music using the application. For a monthly package, you now part with $3 instead of the launch price of $5, and when I saw the price I knew this was as good a time as any to take the service for a spin. So I paid the ZW$3 for the monthly package and started my listening journey, and whilst there were many things to like there were some pretty disconcerting flaws as wells – as with any product/service to varying degrees. The Good One of the things I appreciated after accessing the full catalogue for Buddie Beatz was the fact that there are so many local songs from back in the day with artists like Afr