Mnangagwa grants Ming Chang tax exemption despite troubled record
Amid rising tensions over Chinese mining practices in Zimbabwe, President Emmerson Mnangagwa has granted the large Chinese gold import-export company Ming Chang a long tax exemption.
The European Investment Bank (EIB) has for the last month been studying the case for making a fresh €10m contribution to social start-up studio Janngo, which was set up in 2018 by Senegalese businesswoman Fatoumata Bâ.
With congestion at the Beitbridge border post between Zimbabwe and South Africa recently worse than ever, the Kazungula Bridge between Zambia and Botswana has just been completed, opening up a new direct route between the Copperbelt and the port of Durban.
Contending with difficulties in Zimbabwe, Masiyiwa has been touting himself elsewhere as the continent's saviour in the face of the coronavirus pandemic with the help of his close friend and Afreximbank chairman, Benedict Oramah.
Despite facing prosecution over his alleged involvement in a scandal involving national telecommunications operator NetOne, Paradzai Chakona has been given the green light by the Zimbabwean regulatory authority to proceed with his solar power plant in the south-east of the country.
While the Covid-19 pandemic has exasperated already strained relations between the Trump administration and Beijing, Barack Obama has taken a step in the opposite direction. His foundation quietly sought out the Chinese tech giant Alibaba to work on mutual projects in Africa.
Applications for the Chinese behemoth's training programme for African entrepreneurs have just closed. For those selected to take part, it's a chance to obtain funding from programme partners 4DX Ventures and AfricInvest, and even to compete for the Africa Netpreneur Prize, set up by Alibaba founder and former CEO Jack Ma.