🇿🇼ZimbabweSouthern Africa
Mashonaland explores public-private partnerships for accelerated low-cost housing development
via NewsDay Zimbabwe1 min read
Mashonaland is investigating the use of public-private partnerships PPPs to expedite the provision of low-cost housing. This initiative comes as there is still limited adoption of structured private sector participation, despite the significant housing backlog and infrastructure needs in the region. The move aims to address the demand for affordable housing through collaborative efforts between the public and private sectors.
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This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
The Zimbabwe Football Association ZIFA has successfully obtained its CAF A certification, a development that coincides with plans by Magwizi to initiate a coaching revolution within the country's football landscape. This certification is a significant step for ZIFA, potentially impacting the quality and standards of football coaching in Zimbabwe.
Zimbabwe has recorded a surge in value-added exports, leading to a narrowing of the trade deficit. This development comes amidst various economic discussions, including a US$650 million investment vision aimed at reinforcing confidence in the country's long-term growth potential. Efforts are also underway to harmonize regional transport corridors with Malawi and Mozambique. However, challenges persist, such as power outages and raw material shortages impacting operations for manufacturers like ART, which reported declines in export and paper division volumes in the third quarter to June 2022. The country is also setting wheels in motion for a US$25 million climate recovery boost, with the WWF seeking to mobilize an additional US$25 million for nature transformation. Discussions around Zimbabwe's lithium industry highlight both leverage and risk, alongside a reordering of the Chinese supply chain. The Financial Intelligence Unit is engaging university students to combat financial crime, and high-integrity carbon markets and local credit ratings are deemed urgent for climate finance.
Zimbabwe has experienced a surge in value-added exports, contributing to a narrowing of its trade deficit. This positive economic indicator comes amidst various other developments, including a new cement plant creating 450 jobs, and Zimbabwean firms exploring Zambian markets through a trade mission. The country is also setting in motion plans for a US$25 million climate recovery boost. However, challenges persist, with ART operations being affected by power outages and raw material shortages, leading to a decline in export and paper division volumes by 6% and 26% respectively in the third quarter to June 2022. Political tensions have also been reported, leading to violent attacks and forced evictions in some areas. In other news, Rukweza has been appointed as the chair of the Lithium Association of Zimbabwe, highlighting the country's focus on its lithium industry.