Sunday, July 19

Industry and Trade

Danish Royal Library the Black Diamond Mutoko granite stone

The distinctive Zimbabwe Granite is a much sought-after dimension stone in the world. The resource is considerable and there is potential for investment by both local and foreign companies.

Reports indicate that the Royal Library in Copenhagen, Denmark was built with black granite from Zimbabwe. It’s just one of many examples of how the prized stone is used around the world.

Currently, 75% of the country’s black granite is produced in Mutoko, Mashonaland East Province. Companies such as Southern Granite, Dingmao Mining, Quarrying Enterprises, Zimbabwe International Quarries, and Natural Stone Exports are in the business of Granite Value Addition.

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Zimbabwe allows for 100% ownership of medicinal cannabis investments, allows for farming on private land, and has put in an added layer of protection called the Investment Stability Agreement.

Recently, Zimbabwe’s President Emmerson Mnangagwa commissioned a US$27 million Swiss Bioceuticals Limited Medicinal Cannabis Farm and Processing Plant in Mount Hampden, Mashonaland West Province.

Farmers Review Africa on May 12, 2022, said Swiss Bioceuticals limited constructed a state-of-the-art medicinal cannabis processing plant, fitted with the first line of medicinal cannabis oil processing. It is also equipped with a cannabis oil processing line aimed at stimulating bio-medical solutions and pharmaceutical products for both local and international markets.

Africans transforming the beauty and cosmetics market. www.theexchange.africa

In terms of hair care, things grow more difficult because African hair differs from Caucasian or Asian hair and from nation to country. It is common knowledge that the most challenging difficulty for many African women is brushing their hair, which may be unpleasant at times.

Given these distinctions, it is easy to understand why African customers, particularly women, place a premium on Africa-specific items. Product customization is critical to winning the African war, as long as the items stay inexpensive.

Africa now contains 54 nations, with the accession of South Sudan in 2011. In 2015, the urban population consisted of approximately 450 million people, accounting for 40 per cent of the overall African population. The statistics show that Africa has become more urban than India. More Africans are expected to live in cities for the first time in the continent’s history by 2030.

Rihanna's Fenty Beauty to touch base in 8 African Markets. www.theexchange.africa

Rihanna, the global pop singer, turned billionaire entrepreneur, has announced that her Fenty range of beauty and skincare items will now be available in Africa. As a result, the African debut of the Fenty premium cosmetics line will enhance the constantly demanding beauty and cosmetics business while also putting pressure on other luxury brands vying for a slice of the fast-growing multi-billion dollar beauty market pie.

According to the Barbados-born ” Diamonds ” singer, whose birth name is Robyn Fenty, the African debut of Fenty Beauty and Fenty Skin cosmetics products, funded by French luxury goods giant LVMH, will begin in eight African markets by the end of May 2022.

“I’ve been looking forward to this moment. “Fenty Beauty and Fenty Skin are finally available in Africa,” she said on her verified Twitter account. “On May 27, we will attack Botswana, Ghana, Kenya, Namibia, Nigeria, South Africa, Zambia, and Zimbabwe,” she continued.

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