China remains cloud infrastructure service market leader in 2022 Q1
China remained the top growth market for spending on cloud infrastructure services in the first quarter of 2022, according to a report by technology market research firm Canalys.
Business
Dubai, Egypt pharmaceutical firms to establish plants in Zimbabwe
The pharmaceutical industry in Zimbabwe is set to grow as two global pharmaceutical giants, Dubai-based Intrapharma and Egypt-based Pharco, plan to establish a manufacturing facility in Zimbabwe.
Ethiopian Airlines resumes ticketing services in Malawi
Ethiopian Airlines has resumed ticketing services for all travel agents in Malawi barely three weeks after suspending the same due to shortage of foreign currency in the country.
Mangudya maintains Zim dollar is properly backed despite currency crisis
Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya has said the country has a strong local currency safety strategy, with gold and other minerals accounting for 80% of total export earnings.
Zambia Airways to commence flights to Johannesburg
Transport and Logistics minister Frank Tayali has announced that Zambia Airways will commence international flights to Johannesburg, South Africa on 1st July, 2022.
Zesco clears over 60pc connection backlog
ZESCO Limited has disclosed that it has so far managed to clear over 60 percent of the 67, 000 connection backlog, bringing the total number still outstanding to 27, 000.
Chinsinga believes Malawi urbanisation initiative will unlock economic growth
Minister of Local Government Professor Blessings Chinsinga believes that urbanization, if well managed, facilitates sustained economic growth and thereby promoting broad social welfare.
Transport ministry official Kelvin Sato refutes new Malawi airport story
Ministry of Transport and Public Works official Kelvin Sato has appealed to all journalists to always endeavour to report facts and avoid sensationalism after a new Malawi airport story made headlines.
Zimbabwe economic growth projections reduced to 3,5pc for 2022
Zimbabwe's economy will grow by 3.5% this year, well below the 6.3% forecast for 2021 according to African Development Bank (AfDB), as the country struggle to avoid setbacks due to foreign currency shortages.
Lafarge Cement output drops by 55pc in Zimbabwe
Zimbabwe cement maker Lafarge Cement said output fell 55% in the first quarter ended March 31, 2022 after the company closed a key plant to make way for a new plant that aims to double output.
