World Food Programme Forecasts Global Hunger Hotspots as New Decade Dawns

ROME- Escalating hunger needs in sub-Saharan Africa dominate a World Food Programme (WFP) analysis of global hunger hotspots in the first half of 2020 with millions of people requiring life-saving food assistance in Zimbabwe, South Sudan, the Democratic Republic of Congo and the Central Sahel region in the coming months.  The sheer scale and complexity of the challenges in Africa and other regions will stretch the resources and capacity of WFP and other agencies to the limit.  Ramping up the humanitarian response will again require the generous support of donor…

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Vodacom Tanzania and WorldRemit launch mobile money transfers to M-Pesa accounts in Tanzania

DAR ES SALAAM, Tanzania- Leading digital money transfer service WorldRemit has partnered with Vodacom Tanzania to enable nine million M-Pesa customers to receive money directly to their M-Pesa wallets from friends and family living abroad.  The new service increases convenience for money transfer recipients in urban and rural areas of Tanzania as they can receive international money transfers directly to their phones, without the need for a bank account or internet connection.  Using the WorldRemit app, Tanzanians living abroad in over 50 countries, including the US, UK and Canada, can send money home…

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African Development Bank injects $60 million to boost agricultural project in Sudan

The African Development Bank’s Board of Directors has approved a $60m loan to Elnefeidi Group Holding Company to help finance its long-term agriculture and food expansion programme. The planned expansion includes increasing agricultural productivity, enhancing related infrastructure, food processing and distribution. According to the bank, the move will directly contribute in developing Sudan’s livestock value chain (poultry and beef) by increasing the country’s export capacity for value-added livestock products. This will also help to reduce the economic value that the country loses by exporting millions of live animals each year.…

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Mpumalanga 2020 – our money is on this high flying movie producer

(MAIN PHOTO: The country’s first female World Rugby Cup presenter, Motshidisi Mohono, local boy made good, Kola Godslove and SA’s top celebrity, Maps Maponyane   Turning dreams into Reality Alex Rose-Innes WHAT makes a winner? And what is the difference between success and failure? It could all be summed up in a few words – vision, hard work and faith. Afolabi Kola Godslove (27) is not only proving this to be correct, but at the same time, included the upliftment and empowerment of others in his plans. As MD and…

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STROOP wins 26th film award

The multiple award-winning wildlife crime thriller, ‘STROOP – Journey into the Rhino Horn War’ received its 26th award this past weekend when the documentary’s filmmakers, Susan Scott and Bonné de Bod were honoured with the SANParks Kudu Award for Best Television Journalism for 2018/2019. Hosted annually, the Kudu Award is one of the country’s top conservation prizes given by the South African National Parks (SANParks) to recognise conservationists including SANParks staff, NGO partners and the media. According to Fundisile Mketeni, SANParks CEO, “Awareness of conservation issues is of vital importance…

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Zimbabwe’s hospitals paralysed as doctors go on strike

Zimbabwe’s poor majority had been left stranded as junior and mid-levels doctors in state hospitals started on a strike. With these hospitals already without drugs and basic products, the government is threatening to discipline those who go on strike. The country is already suffering from a shortage of qualified doctors as many had left Zimbabwe for better options overseas. Residents are also up in arms because wealthy ministers travel to overseas hospitals while the poor are turned away at state hospitals. The late Robert Mugabe who is blamed for the…

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Toll charges in Moz – travellers take note

Those  traveling from Beira to Machipanda would from December 1 pay a toll charge. This would be part of a Road Fund to continuously upgrade the EN6 which is in a poor state as a result of heavy traffic. The EN6 over 287 kilometres should have been finished end of March this year, but due to lack of funding and the process of relocating families and shops, had taken much longer. The road had been financed by the China Export and Import Bank and the Mozambican government and cost USD…

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Zim tries to save wildlife from drought – biggest relocation planned

Zimparks

In order to save the country’s wild animals, ZimParks are planning the biggest ever long-distance relocation in Zimbabwe. So far 200 elephants had already died due to lack of food and water due to an El Nino-induced drought. Natural animal habitats are gone and half of the population is in need of food aid. Zimparks and private partners are planning to move 600 elephants, giraffe, lions, buffalo, antelope and spotted wild dogs, from the Save Valley Conservancy in southern Zimbabwe to three other national parks over distances of 1000km. The…

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Fitch upgrades Moz long-term default rating

Logo Fitch rating Agency

The upgrade of Mozambique’s Long-Term Foreign-Currency IDR reflects the curing of the restricted default following the completed restructuring of its sole Eurobond (MOZAM – USD726.5 million, 10.5%, maturing in 2023), which had been in default since January 2017. On 30 October 2019, the bondholders exchanged MOZAM for a new USD900 million bond, covering arrears on principal and interest of the previous bond. The terms also include a maturity extension to 2031, a coupon of 5% until 2023 and then of 9% until maturity. In addition to the new bond, Mozambique…

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SA investors invited to invest in Mozambique

Port in Beira Mozambique

Mozambiques Prime Minister, Carlos Agostinho do Rosario, had invited South African potential investors to familiarise themselves with the country’s development projects and to invest. Rosario had addressed the African Investment Forum (AIF) in Gauteng yesterday. The AIF provides opportunities for heads of state to discuss continental politics and investment opportunities. This is the second annual meeting to be held. Rosario told attendees that the country’s main goal was to uplift its residents and improve their quality of life. He highlighted Mozambique”s development plans for the next few years. This would…

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