- African trade is growing despite the obstacles
- Why global capital is betting big on Africa’s digital promise
- Kenya posts stronger-than-expected Q1 growth at 5.3% on manufacturing rebound, tourism boom
- China’s new investment rules are about guardrails, not closed doors
- Zanzibar optimistic economic growth will hit 7.5% on tourism boom
- Kenya defies economic shocks to post record $22 billion in tax collections
- Forget South Africa: East Africa now rules in banking industry returns
- Lamu over Tanga: The commercial calculus that cost Tanzania $20bn refinery
Countries
Zanzibar legislators project 7.5% economic growth. President Mwinyi advocates private sector participation. Zanzibar recent talks with Brazil, US expected to bare fruits. Zanzibar has…
KRA reports record KES2.84 trillion (up 10.6%) in tax collections,…
UAE has cemented its spot as the main refining, and…
The services Zimbabwe paid for range from software, to professional and technical services like mining exploration, servicing of complex machinery, expatriate medical aid schemes and so on.
If the country was able to develop the capability to provide these services, it would not only save on the expenditure of foreign exchange it would also earn foreign exchange.
There are 16 countries that make up the Southern African Development Community of which Zimbabwe is a part. All these countries use and pay for the same services that Zimbabwe is paying for. If Zimbabwe were to become an exporter of services to all these countries in the SADC region alone and they spent on services roughly what Zimbabwe spends on services.
The country could potentially earn (15 member states multiplied by US$ 636 million) US$ 9.5 billion annually. Adding this figure to the foreign exchange earnings reported in the monetary policy statement gives a perspective of potential Zimbabwe could realize. Developing the services sector requires substantial investment in education, tourism, information technology, and healthcare. All of these are in a sad state presently.
Stakeholders in Tanzania are lobbying for asking the government to establish a department to research and preserve traditional foods and seeds which are feared to be in danger of extinction. “The loss of diverse diets is directly linked to diseases or health risk factors, such as diabetes and obesity,” warns
While the new seed varieties (as well as animal hybrids) are been praised for their fast growth and resistance to disease, the question remains over their nutritional value. There are also concerns that the loss of organic traditional plant and animal varieties places the world at risk of losing traditional medicines.
At a recent Agricultural Ecology (Agroecology) training workshop held in Moshi, Tanzania stakeholders emphasized that; “From providing cures to deadly diseases to maintaining natural ecosystems and improving the overall quality of life, the benefits of preserving threatened and endangered species are invaluable.”
KCB Group Plc has recorded a historic 74 per cent rise in profit after tax…
Sri Lanka is facing the worst economic crisis since independence that has led to shortages…
CMC Motors Group has partnered with Stanbic Bank to introduce ‘Ford Finance’ to enable clients…
Google has unveiled the list of successful applicants of its Google for Startups Accelerator Africa…
Search post
Recent Posts
- African trade is growing despite the obstacles 15.07.2026
- Why global capital is betting big on Africa’s digital promise 15.07.2026
- Kenya posts stronger-than-expected Q1 growth at 5.3% on manufacturing rebound, tourism boom 14.07.2026
- China’s new investment rules are about guardrails, not closed doors 14.07.2026
- Zanzibar optimistic economic growth will hit 7.5% on tourism boom 13.07.2026
- Kenya defies economic shocks to post record $22 billion in tax collections 10.07.2026
- Forget South Africa: East Africa now rules in banking industry returns 09.07.2026
- Lamu over Tanga: The commercial calculus that cost Tanzania $20bn refinery 09.07.2026
- Kenya’s markets regulator opens the door, but can the investors walk through? 08.07.2026
- Tourism Infrastructure as Economic Catalyst: Lessons from East Africa’s Hotel Development Boom 08.07.2026


























