Zimbabwe
27 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Rescooped by Emily Heuring from The African Internet
Scoop.it!

Interesting take on Zimbabwe’s Innovation hubs

Interesting take on Zimbabwe’s Innovation hubs | Zimbabwe | Scoop.it
The last few months in Zimbabwe has seen the launch of two Tech Hubs, namely Hypercube and Muzinda Umuzi. To be pedantic Muzinda Umuzi is not a tech hub per se but maybe more of an entrepreneurship hub as it supports any business idea that shows potential rather than those purely in the tech space. [...]

Via Online Africa
Emily Heuring's insight:

Zimbabwe has created innovation hubs where they bring together bright and motivated people in the hopes that their entrepreneurship will help the country. While this is a good idea and could help them innovate and grow, some people also argue that this is very limiting, since you can't confine talent or ideas to a specific place. 

more...
No comment yet.
Scooped by Emily Heuring
Scoop.it!

Sliding backwards again

Sliding backwards again | Zimbabwe | Scoop.it
THE potholes on Melbourne Road in Southerton, an industrial district of Harare, Zimbabwe’s capital, are bone-jarring. A van outside the J. Lyons factory, a...
Emily Heuring's insight:

The biggest thing Zimbabwe needs in order to fuel an economic recovery is an increase in capital, however there are many things standing in the way of that happening. Unpaid bills by the government as well as the switch to the dollar have made money pretty tight, and have decreased citizen's investment in banks. They also aren't getting much foreign investment, and are importing the majority of their goods. Prices are being cut to encourage more demand, but this is making deflation a possibility. 

more...
No comment yet.
Scooped by Emily Heuring
Scoop.it!

Blackening the economy

Blackening the economy | Zimbabwe | Scoop.it
DOING any business at all in Zimbabwe is no mean feat these days. Sky-rocketing inflation— officially estimated at 7,600% in July but probably over...
Emily Heuring's insight:

Zimbabwe passed the Indigenisation and Economic Empowerment Bill which would take business owned by whites and place them into the hands of local blacks, so that no more than 50% of businesses are owned by nonlocals. While companies previously had incentive to invest in Zimbabwe becase of cheap assests, now many companies are pulling out completely. Heinz, for example, used to be a food giant there, but now have decided to stop doing any work there. 

more...
No comment yet.
Rescooped by Emily Heuring from Let's Talk Surat
Scoop.it!

Zimbabwe rough diamonds to flow into Surat markets soon

Zimbabwe rough diamonds to flow into Surat markets soon | Zimbabwe | Scoop.it
Huge quantities of rough diamonds from Zimbabwe are set to flow into the world's biggest diamond cutting and polishing centre in Surat after Diwali festival.

Via In-Gujarat.Info
Emily Heuring's insight:

Zimbabwe is beginning to trade diamonds with the European Union, which will bring jobs into the country as well as money from the exports.

more...
No comment yet.
Rescooped by Emily Heuring from Global Politics
Scoop.it!

Grim food security outlook for Zimbabwe*

Grim food security outlook for Zimbabwe* | Zimbabwe | Scoop.it
Laina Tavengwa, 34, from Wedza District in Zimbabwe’s Mashonaland East Province, no longer sees a point in farming her family’s four-hectare plot.

Via Chris Goldsmith
Emily Heuring's insight:

Zimbabwe is experiencing an extreme food shortage as the crops are suffering from a lack of rain and the farmers inabliity to buy things such as fertilizer. While agriculture is a huge part of their economy, this is more importantly making it extremely difficult for many Zimbabweans to feed their families.The government is responding through giving food and in some cases money to those suffering in rural areas, however it is only helping a small fraction of those affected. 

more...
No comment yet.
Scooped by Emily Heuring
Scoop.it!

Into the ruins of Zimbabwe's Industrial 'cemeteries'

Into the ruins of Zimbabwe's Industrial 'cemeteries' | Zimbabwe | Scoop.it

ZimbabChunks of broken asbestos sheeting and pieces of rusty metal sheets lie atop a dilapidated building that was once home to massive manufacturing activity in Harare’s Workington Industrial area. REPORT …

Emily Heuring's insight:

Zimbabwe had flourishing industry, but now much of that has died. This has been caused by negative supply shocks because of shortages of basic resources like electricity and water, as well as decreased foreign investment. 

more...
No comment yet.
Scooped by Emily Heuring
Scoop.it!

ZCTU calls for dialogue to end economic crisis - NewsDay Zimbabwe

ZCTU calls for dialogue to end economic crisis - NewsDay Zimbabwe | Zimbabwe | Scoop.it
ZCTU has said President Robert Mugabe should enter into serious dialogue with other political parties as a way of addressing the current economic meltdown.
Emily Heuring's insight:

This article talks about the recent developments in Zimbabwe's policies (as of just a few days ago) and what the leaders plan to do. However, it seems like that currently people in charge aren't even agreeing to discuss the economy and what should be done, so not much is getting done. Specifically, the two main political parties have different views on the  indigenisation policy, which many argue has scared away investors and hurt the economies chances of recovery. 

more...
No comment yet.
Rescooped by Emily Heuring from The Information Professional
Scoop.it!

Zimbabwe Libraries lead the way providing tools for visually impaired students | EIFL

Zimbabwe Libraries lead the way providing tools for visually impaired students | EIFL | Zimbabwe | Scoop.it

#Libraries lead the way providing tools for visually impaired students: University of Zimbabwe #AFRICA via @EIFLnet http://t.co/JzrsEN23...

 

"The librarians at the University of Zimbabwe (UZ) wanted to better serve the students with visual impairments at their university. In collaboration with the EIFL-FOSS programme, they formed a partnership with UZ’s Disability Resource Centre (DRC) to implement real solutions resulting in increased access to online resources for the UZ’s students with disabilities. Their success was recognized by the Zimbabwe Ministry of Public Affairs, and the project has been nominated for a UN award."

 


Via Karen du Toit
Emily Heuring's insight:

Zimbabwe is improving it's educational resources for the visually impared. They are installing magnifying programs as well as programs that read text aloud into library computers and individual's laptops in order to allow those with poor eyesight access to online resources. They have also been extending these programs beyond libraries in order to reach more people. This will help their economy in the long  run by giving more people access to information and an education. 

more...
Nevermore Sithole's curator insight, November 24, 2014 9:49 AM

Libraries lead the way providing tools for visually impaired students | EIFL

Rescooped by Emily Heuring from Africa : Commodity Bridgehead to Asia
Scoop.it!

Zimbabwe : Public executives in tax evasion scam @investorseurope Mauritius Stock Brokers

Zimbabwe : Public executives in tax evasion scam @investorseurope Mauritius Stock Brokers | Zimbabwe | Scoop.it
Between 2009 and 2013 Zimbabwe’s parastatals and local authorities may have paid $85 million in untaxed ‘corrupt salaries’ to top executives.

Via Investors Europe Stock Brokers
Emily Heuring's insight:

Part of the corruption in ZImbabwe is that top executives are not paying income taxes. This money could be going to funding education or other programs that would help the economy and future of the country. I think it is very important that Zimbabwe get these businesses under control and create an environment where everyone is equal under the law. The cheating of the system in the long run is cheating the country. 

more...
Scooped by Emily Heuring
Scoop.it!

Five “mysteries” in Zimbabwe's deepening crisis | beyondbrics - Blogs

Zimbabwe is suffering from capital flight, a liquidity crunch, regular power outages, falling commodity prices and other manifestations of an economic crisis. But beyond these well-documented woes, there are several ...
Emily Heuring's insight:

Zimbabwe seems to have a lot of mysteries happening, particularily on the money that is circulating through. Companies that have massive debts are somehow able to pay their CEOs large sums by American standards. The diamond industry paid 242million USD less in taxes in 2013 than in 2010, despite the industry growing. Where then did this money go? I think that a lot of the problems has to do with the corruption of the political system, which definitely needs to be fixed. 

more...
No comment yet.