Ignore advert about cheap commodities, Zim central bank tells citizens – The Zimbabwean

Zimbabwe Reserve Bank Governor John Mangudya delivers his Monetary Policy Statement in Harare on 20 February 2019, where he announced the establishment of an interbank foreign exchange market in the country officially abandoning the 1:1 exchange rate between the USD and the country’s quasi-currency bond note. Picture: AFP

HARARE – In Zimbabwe, the central bank has told Zimbabweans to ignore an advert on social media advertising cheap commodities at an address in central Harare.

It said the advert was fake and misleading because it used the address and phone number for the central bank and its governor.

The advert for cheap cooking oil, sugar, rice and maize meal urged customers to hurry while stocks last.

It listed the address of the so-called People’s Wholesale and Retail Mart as Number 80, Samora Machel Avenue.

It also gave the mobile number to use for further inquiries.

The problem was that the address given was that of the Reserve Bank of Zimbabwe, and the number posted reportedly belonged to central bank chief John Mangudya.

In a statement posted to Twitter, the RBZ urged Zimbabweans to ignore the message, which it described as unwarranted cyber abuse.

Frustration was mounting in Zimbabwe over rising prices, which many blamed on the government’s current austerity measures.

The martyrs of Uganda
‘We are trapped’: Zimbabwe’s economic crunch hits passports

Post published in: Business

‘We are trapped’: Zimbabwe’s economic crunch hits passports – The Zimbabwean

With Zimbabwe’s economy in shambles and political tensions rising, leaving the country seems the best option for many who are desperate for jobs. But those dreams often end at the passport office, which doesn’t have enough foreign currency to import proper paper and ink.

A passport now takes no less than a year to be issued. An emergency passport can take months amid a backlog of 280,000 applications, never mind recent ones.

Zimbabweans at the main office in the capital, Harare, have taken to sleeping in line for any chance at being served the following day — and that’s just to submit an application.

Several million Zimbabweans already left for neighboring South Africa and other countries during years of economic turmoil under former leader Robert Mugabe. The hardships have only deepened under current President Emmerson Mnangagwa, who took over after Mugabe’s forced resignation in late 2017.

The new government’s slogan “austerity for prosperity” now has a bitter ring.

Unemployment is rampant and inflation is at 75%, the highest since 2009, when Zimbabwe’s currency collapsed under the weight of hyperinflation. Rapid devaluation of the local currency against the U.S. dollar — also used as official currency — has seen basic items such as cooking oil changing prices several times a day. The health sector is collapsing, forcing those who can afford it to seek treatment abroad.

At the passport office, the desperation to escape is all too clear.

“Guys, it’s either we jump the queue or we will have to jump the border,” one teenager told a group of friends plotting to sneak to the front of the line.

Another teen, 19-year-old Brian Ndlovu, said coming to the office makes him “feel like there is really no way out of this country. We are trapped.”

The teens’ plot to jump the queue failed, in large part because those at the front had camped there for days and knew each other by name.

Emma Chirwa said she only reached the front of the line because she had been sleeping outside the office since June 5.

“I was No. 34 on Friday. They served no one. On Thursday, they served 12 people,” she said, huddled in a blanket on Sunday night.

In the biting cold of the Southern Hemisphere’s winter, dozens of people, including women with toddlers, slept on cardboard boxes or in the dust, holding their places. Around midnight, one man parked his motorbike and joined his wife in blankets on the line. People laughed.

Some huddled around a fire of scrap wood taken from the grounds of an adjacent school. A small enterprise has emerged, with some young men holding places in the line for a fee. Others sell pens, food items and foreign currency while a generator powered a photocopy machine.

By daylight, the line snaked for more than a kilometer and included school children in uniform.

A preacher holding a Bible took advantage of the crowd to deliver sermons about resilience and hope. But for many, the spirit is slipping.

For those seeking an emergency passport, the task requires multiple lines and a week of sleeping outside the office. One applies for an ordinary passport, then waits for a chance to upgrade the application to an emergency passport. Those who are booked for a date in 2020 have to join another line to plead for an earlier date.

The delays are due to a lack of foreign currency to import special paper, ink and other materials, as well as machine breakdowns, according to the national passport agency’s registrar-general, Clemence Masango.

The Zimbabwe Human Rights Commission, a government body, has described the passport crisis as “a major human rights challenge” and launched an investigation.

In response, officials are promising change.

“We have sourced the foreign currency, and the machine is now working, so the backlog will be cleared soon. We have to bring dignity to our people,” Home Affairs Minister Cain Mathema told The Associated Press on Wednesday, vowing “a return to normalcy” in a month.

But for those badly in need of a legal way out of Zimbabwe, such official statements count for little without action.

In a busy, cramped corridor, people clutching envelopes waited in yet another line outside what they mockingly called the “mercy office.” It is where they plead with senior officials that their situations are dire enough for their emergency passport applications to be processed in days, not months.

One woman said the date she can upgrade her passport application to an emergency one is May 2020.

“My mother needs an urgent medical operation in India,” she said. “She will be dead by then.”

Ignore advert about cheap commodities, Zim central bank tells citizens
Zim farmers smell the tea and coffee

Post published in: Business

Zim farmers smell the tea and coffee – The Zimbabwean

The two agricultural commodities, which are fetching higher export prices, are on the rebound owing to the potential they give to Zimbabwean farmers and companies to earn foreign currency in a country battling a financial squeeze.Most farmers have been taking up tobacco, but this year’s crop has been fetching lower prices. In the Eastern Highlands region near the border with Mozambique, coffee and tea growing is becoming profitable once again.

Tea growing companies in Zimbabwe include Tanganda Tea Company, run by ZSE-listed Meikles, while horticultural concern, Ariston Holdings is also another tea growing company in addition to a handful of co-operatives of local farmers. “Tea production for the six-month period to March 31 improved by 6percent to 1851 tons,” said Paul Spear, the chief executive of Ariston Holdings.

The company said export prices were strong and favourable for its operations. Any company or business operation that generates forex in Zimbabwe is considered better off at a time the local currency has continued to sag down. For Ariston, export sales volumes for tea during the review period strengthened by as much as 18percent, giving the company a much needed financial boost. Prices were also massively stronger too. “Average export prices improved by 13 percent,” said Spear.

Coffee is another crop that is starting to recover in the Eastern Highlands area. Farmers in the area have also received a fresh lease of life after Nespresso launched a coffee product from Zimbabwe last month, putting the country’s prospects and advantages back on the global coffee market.

“For farmers in Zimbabwe’s Eastern Highlands, coffee represents a ticket out of poverty – and farmers are paid in valuable US dollars, which go a long way in transforming the lives of smallholder producers,” said Technoserve, an organisation supporting coffee farmers in Zimbabwe through capacitation.

But the Chimanimani and Chipinge areas, where the crops are grown the most, were recently ravaged by Cyclone Idai and farm and irrigation equipment was destroyed. This has not been a deterrent with Ariston, which is also listed on the ZSE currently processing a $1.5million (R22.15m) insurance claim cover for the tea growing infrastructure that was destroyed.

Zimbabwe has a long history of coffee production and was once one of the producers of Africa’s most sought after coffee varieties. Coffee production from Zimbabwe peaked in the late 1980s, but dropped significantly in the early 2000s because of economic hardship and climate shocks as well as land grabs in 2000.

These fathers in Zimbabwe are redefining what it means to be a man – The Zimbabwean

What appears to be plain porridge quickly takes on a new twist outside the home of Syndon Samakute on a hill looking over the lush Honde Valley in eastern Zimbabwe’s Manicaland province.

It starts out as regular corn meal, but Samakute mixes in a raw egg for protein. Then he adds a bit of butternut squash, and two small scoops of peanut butter.

“It’s easy to cook and very nutritious,” he says. The result is tasty. The peanut butter and squash combine with the porridge for a sweet, buttery flavor.

Samakute took up cooking when his wife, Loice Chideye, invited him to a workshop on nutrition organized by a consortium of groups Oxfam is involved with called INSPIRE. Through the consortium, Oxfam is working in communities to promote gender equality and women’s economic empowerment. Oxfam has a long tradition of tackling gender issues in Zimbabwe, from legal reforms to challenging harmful cultural practices.

The workshop is part of a program, run by the UN and funded by the British government, designed in part to improve food production and reduce persistent malnutrition among children in Manicaland. Samakute was the only husband in the area man enough to attend the all-women training.

INSPIRE encourages couples to re-examine the gender roles they play in their families through an initiative called Gender Action Learning, or GAL. Cooking is now one of the household duties Samakute and his wife share, which is rare in rural Zimbabwe, where patriarchal attitudes run deep.

Samakute and Chideye demonstrate how to make maize porridge fortified with protein from an egg and peanut butter. They say their children are healthier since they diversified their diet. Photo: Brett Eloff/Oxfam

“[Men] consider themselves the head of the household, and they don’t cook,” says Samakute. “I see men fighting new ideas, but their attitudes only lead us to underdevelopment. Men need to work with their wives.”

“We have lost these old views,” he adds firmly. “And we’re happy. Our children are healthy.”

Transforming families

The GAL program stretches across Zimbabwe and has reached 25,000 farmers. One of them is Cremio Kausiyo. When he first heard about GAL, he was suspicious.

“We thought they wanted to come and change some of our behavior, and what we are as men in our culture,” he says, standing next to his wife, Deliwe Kakumura, on a windy, gray morning outside their home in northern Zimbabwe where they grown tobacco and corn.

But he also saw an opportunity: If men and women can have the same goals, and trust each other, they are likely to have fewer conflicts. He took the plunge and signed up for the training. It opened his eyes.

“I sat down with her [Kakumura] and discussed what we had learned together,” says Kausiyo. “That was the first time I understood what my wife wanted and the things she did not want. And she understood what I wanted and did not want.”

They made a plan for the year, which they drew in a notebook: They achieved their objective to acquire another cow, and a cart. The plan for 2017 is to enlarge their small home.

Kakumura says her husband has changed. Before, she says, “he kept his money in his pocket,” never trusting her with any. Now that they have shared dreams, “I am the one who does the budget and plans what the household needs,” she says. “Even when we sell our agricultural products, I am the one who goes to the market and he is the one who can stay here and take care of the family.”

imageCremio Kausiyo and his wife Deliwe Kakumura carry water from the village well to their home. They both agree that rethinking gender roles in their relationship has made them happier and more financially secure. Photo: Brett Eloff/Oxfam

Can culture change?

In many households in Africa, the father is powerful. He typically makes all the decisions, and expresses little emotion. All responsibility for the welfare of the family rests with him alone. For many fathers, it’s a lonely and stressful life.

For Kausiyo and Kakumura, things are different now. On this morning, after Kausiyo has swept the yard, they both grab blue buckets and set off for the village well. Kausiyo pumps the water while Kakumura fills the buckets. Then they each hoist one on their heads and turn for home.

“It’s a rare thing in my community for a man to do these things,” says Kakumura.

Can men like Samakute and Kausiyo actually change African male culture? Kausiyo says, “About three-quarters of the men in this community have gone through GAL training,” but not all are applying it at home. “The households that are working together are progressing more than the households that are not working together. That is attracting a lot of members of the community.”

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10 State AGs Join Forces, Will Sue To Stop T-Mobile Sprint Merger

(via Getty Images)

While the FCC has indicated it’s more than eager to approve T-Mobile’s $25 billion merger with Sprint (despite an endless list of red flags), other regulators have proven to be a harder sell. The DOJ, for example, seems a bit sheepish on signing off on a deal that will reduce already semi-tepid US wireless competition by 25%. They’re correct to worry: US telecom is awash with examples of how such consolidation tends to devastate employment, and results in significantly higher rates for consumers and businesses alike.

Granted with the DOJ now run by former Verizon attorney Bill Barr, it’s still very possible the DOJ approves the deal anyway. But even then, the deal is going to have to get past a new coalition of 10 state attorneys general, who say they’ve joined forces and will file a lawsuit to block the deal whether the DOJ approves it or not. New York Attorney General Letitia James and California Attorney General Xavier Becerra were fairly blunt in a statement announcing the move:

“When it comes to corporate power, bigger isn’t always better,” said Attorney General Letitia James. “The T-Mobile and Sprint merger would not only cause irreparable harm to mobile subscribers nationwide by cutting access to affordable, reliable wireless service for millions of Americans, but would particularly affect lower-income and minority communities here in New York and in urban areas across the country. That’s why we are going to court to stop this merger and protect our consumers, because this is exactly the sort of consumer-harming, job-killing megamerger our antitrust laws were designed to prevent.”

While everybody is certainly welcome to their own opinions when it comes to tech policy, there’s really not much of a debate when it comes to the impact mindless M&As have had on the telecom sector.

Comcast (and it’s comically terrible customer service) was born from the mindless sector obsession with growth for growth’s sake. This consolidation, especially in wired broadband, has left us with a clearly unhealthy sector with little real competition, resulting in some of the highest prices and slowest speeds in the developed world. There’s not a single telecom metric the US isn’t mediocre in, and it’s a direct reflection of two things: regulatory capture and mindless merger mania. That’s now being extended to wireless, where the reduction of overall competitors from four to three will dramatically reduce any incentive to, you know, actually try.

It’s also pretty clear that when government tries to “fix” these anti-competitive unions via condition, it rarely works out well. The conditions imposed in these deals are often flimsy and proposed by the companies themselves (usually because they know they don’t actually do much). Even then, companies are routinely free to ignore conditions without meaningful penalty, and many bipartisan incarnations of the FCC have simply refused to enforce them anyway. Pre-merger promises (and there’s plenty attached to the T-Mobile deal) aren’t worth the paper they’re printed on, yet US policymakers adore pretending otherwise.

With former Verizon lawyers running both the FCC and DOJ, the chance that this administration imposes and then enforces tough deal conditions is slim to none. That leaves the more simple option: blocking the deal entirely. Some variant of this deal has been blocked twice already (AT&T’s attempted T-Mobile acquisition in 2011, and Sprint’s attempted merger in 2014), and for obvious reasons. Still, T-Mobile and Sprint executives are hoping that the Trump administration opens the door wide to approval anyway, leaving it (yet again) up to state AGs to actually protect the market and consumers in the face of federal apathy.

10 State AGs Join Forces, Will Sue To Stop T-Mobile Sprint Merger

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Zimbabwe demands right to sell ivory to fund game reserves – The Zimbabwean

Zimbabwe has an elephant population of around 84,000 which is nearly double what it can cope with, according to the officials. (AFP/MARTIN BUREAU)

HARARE: Zimbabwe has demanded the right to sell its stockpile of ivory to raise money for conservation, wildlife authorities said on Tuesday (Jun 11), joining other southern African nations in calling for the global ban on the trade in tusks to be relaxed.

Wildlife authorities in the cash-strapped nation estimate the country’s decades-old hoard of ivory is worth around US$300 million, which they say would help plug funding gaps for game reserves.

The proposal has put it on a collision course with the Convention on International Trade in Endangered Species (CITES), which prohibits the sale of ivory to curb poaching.

Zimbabwe, Botswana, Namibia, Zambia have cited the growing number of elephants in some regions in their bid to have the restrictions relaxed.

Spokesman for Zimbabwe’s wildlife authority Tinashe Farawo told AFP that the nations had submitted a joint proposal to CITES and warned: “If we are not allowed to trade we will not take part in CITES discussions on elephants.”

“Our decision to sell ivory is not an emotional one. It is a scientific one backed by facts. At independence in 1980 we had 40,000 elephants and the number has more than doubled and yet the land is not expanding,” Farawo said.

Zimbabwe has an elephant population of around 84,000 which is nearly double what it can cope with, according to the parks and wildlife authority.

But over the past decade, the population of elephants across Africa has fallen by about 111,000 to 415,000, largely due to poaching for ivory, according to the International Union for Conservation of Nature (IUCN).

In May Zimbabwe sold 100 elephants to China and Dubai in an effort to raise cash. The deal was worth US$2.7 million over six years according to wildlife authorities.

Farawo called on critics of the ivory sale proposal to “give us money to run our operations,” instead of lambasting it.

Wildlife authorities said if approved, it would help them fund operations, buy radios and vehicles for patrols to curb poaching.

“CITES was meant to regulate trade in endangered species but if there is no trade then CITES is not serving its purpose,” Farawo said.

Last month Botswana, which has the largest elephant population in Africa, sparked controversy by lifting its five-year ban on elephant hunting citing “high levels of human-elephant conflict”.

New Under-18 Model Bans Are Changing How Agencies Recruit and Sign Talent

“In the end, what matters most is that the model start her career off when she is physically and mentally best suited for success.”