Local Insurance Company Comes Through For Senior Citizens

Moovah Insurance Senior Citizens

Local Insurance Company Moovah Comes Through For Senior Citizens

Moovah Insurance Senior Citizens

Local insurance,  Moovah has come through for senior citizens above the age of 55 with a one of a kind short-term insurance product which offers a 30% discount for their motor vehicle, legal, personal effects, home, and household insurance.

This is a tremendous advancement worth celebration amid coronavirus induced hardships the country is reeling under – especially to the unemployed and the elderly.

Moovah is targeting senior citizens due to their risk profile being substantially low (some of us may even assert that it’s inessential as compared to economically active individuals or even the modern-day millennial. Hence, they are more deserving of such a favourable treat. Taking into consideration often times their cars are parked, or when they drive, they are very cautious on the road.  Millennials are able to cover their beloved elderly parents.

Moovah is a hassle-free, user-friendly, and convenient go-to short-term insurance brand that allows you to buy or renew insurance for your vehicles, properties, household contents, and other assets from the comfort of your home or office via a mobile phone. Picture that…not only do you skip the tedious process of filling in a novel of forms but you’re a few clicks away from insuring your valuables? Also, with Moovah after renewing your insurance, the discs are delivered for FREE wherever you are.

The new product does not only offer unparalleled convenience but there are other value-added benefits including Free MARS Emergency Services in the event of an accident, a 10% accident-free driving discount on your premiums if you do not claim per year, plus roadside assistance services from Automobile Association Of Zimbabwe (AAZ). Interestingly, you are also GUARANTEED to earn extra income when you refer someone to renew on this amazing product.

To buy or renew your insurance with Moovah, all you need is to dial *901# or email underwritting@cassavasmartech.co.zw, get a quote and pay.

.For more information on the Moovah Senior Citizens Insurance, you may visit the website,  https://www.moovah.co.zw/senior-citizen-insurance-cover.


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    Bad News For Consumers As ZESA Seeks Huge Tariffs Increase

    ZESA tariffs

    Bad News For Consumers As ZESA Seeks Huge Tariffs Increase

    ZESA load shedding

    Zesa Holdings is seeking permission to raise tariffs arguing that the current tariffs are now sub-economic.

    This was said by the acting managing director for  Zimbabwe Electricity Transmission and Distribution Company (ZETDC) Mr. Lovemore Chinaka when he appeared before the Parliamentary Portfolio Committee on Energy and Power Development.

    He said the existing rate was approximately 2.3 US cents per kilowatt-hour instead of 10 US cents per kWh, which will allow the power utility to break-even.

    He said the changes in the foreign currency exchange rate since the last increase had made electricity prices sub-economic and threatened Zesa viability.

    Chinaka said:

    The long-term impact would be that we will be unable to fix the grid from a maintenance point if we have natural failures of transformers or lines that are down due to age. You find that our capacity to respond quickly has been eroded.

    Under the current tariff band, the first 50 units cost 52c per kWh, 51 to 200 units cost $1,14 per kWh while 201 to 300 units were reduced to $3,12 per kWh from $4,88 per kWh. If one wants to purchase the premium band which consists of units in excess of 300 units they have to pay $4,88 per kWh.

    ZESA tariffs were last increased in June this year.

    Turning to vandalism, Mr. Chinaka said Zesa has failed to electrify 75 000 households due to rampant vandalism and thefts resulting in resources being re-directed to replace stolen equipment.

    In 2017, Zesa registered 736 cases of thefts and vandalism, but this rose in 2018 to 766 and last year shot up to 1 178 cases. As of July this year, 498 cases had been recorded.

    Mr. Chinaka said the cases were high at the beginning of the year but dropped during the initial phases of lockdown that was introduced in March.

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    6 Best Forex Brokers in Zimbabwe

    Best forex brokers in zimbabwe

    6 Best Forex Brokers in Zimbabwe

     

    Forex trading in Zimbabwe is not only legal, but Zimbabwean traders, regardless of whether they are experts or beginners, have a variety of options where Forex brokers are concerned.

    There are numerous well-regulated and popular Forex brokers who welcome Zimbabwean traders, and who offer some of the best trading conditions in the industry in addition to superb customer support, trading tools, education, and research sources.

    As Forex trading in Africa continues to expand and become popular, more brokers will be open to welcoming traders from this continent.

    1. XM
    Established in 2009, XM is a strictly regulated ECN and STP online trading broker which offers Zimbabwean traders with competitive trading conditions.

    For a minimum deposit of as little as $5 when registering a live account, Zimbabwean traders have access to numerous Forex pairs, spreads from 0.0 pips, low commissions, and access to leverage up to 1:888.

    2. AvaTrade
    Multi-regulated and an award-winning broker, AvaTrade offers Zimbabwean the opportunity to trade in over 250 financial instruments from as little as $100 when registering a live account.

    AvaTrade’s competitive conditions include leverage up to 1:400, tight and fixed spreads from 0.9 pips, commission-free trading, and the use of advanced, user-friendly trading platforms.

    3. HotForex
    As a multi-regulated and multi-asset broker which is based in Cyprus, Zimbabwean traders can register a live trading account from as little as $5 to gain access to various Forex pairs when using HotForex to facilitate trades.

    HotForex offers Zimbabwean traders with a choice between five dynamic accounts, leverage up to 1:1000, spreads from 0.0 pips, and low commissions from $3 on FX majors.
    When trading Forex through HotForex, traders have a choice between using either MetaTrader 4 or MetaTrader 5 through which trades can be executed.

    4. Plus500
    Established in 2008, Plus500 is a popular and multi-regulated broker which offers competitive trading conditions from as little as $100.

    Zimbabwean traders are offered with leverage up to 1:300, spreads from as little as 0.6 pips on EUR/USD, and zero commission charges when trading.

    5. Exness
    Exness has been operating since 2008 in providing traders from around the world with competitive trading conditions from as little as $1 when registering a live trading account.
    When using Exness to facilitate the trade in Forex, traders can expect leverage up to 1:2000, spreads from 0.0 pips and low commissions from $3.5 per lot per side.

    6. IC Markets
    IC Markets is a well-regulated Australian and Seychelles-based ECN broker which offers the trade in numerous Forex pairs for a minimum deposit of $200 when registering a live account.

    Zimbabwean traders have access to leverage up to 1:500, spreads from 0.0 pips and commissions that start from as little as $3 when using IC Markets to facilitate the trade of Forex.

    Where Forex in Zimbabwe is concerned, Zimbabwean traders will find that there is no shortage in legit, reputable, and well-established Forex brokers who welcome Zimbabwean traders despite their level of skills, knowledge, and experience.


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    Mastercard, Zimswitch Partnership Set To Drive Digital Transformation Of The Payments Sector In Zimbabwe

    Mastercard, Zimswitch partnership

    Mastercard, Zimswitch partnership set to drive digital transformation of the payments sector in Zimbabwe

    Mastercard, Zimswitch partnership

    Harare, Zimbabwe – Mastercard and Zimswitch, Zimbabwe’s national payment switch, have announced a partnership agreement to enable the modernization of Zimbabwe’s payment infrastructure, using Mastercard’s technology, products and services.

    This partnership will further support the Reserve Bank of Zimbabwe’s vision of a modernized and interoperable payment system that supports inclusive economic growth and boosts the digital economy.

    Dr John Mangudya, Governor of the Reserve Bank of Zimbabwe, says: “We see this partnership as a positive development that will help us achieve our long-standing vision and our strategic plan to modernise payments systems and infrastructure, and build an inclusive financial sector that supports the socio-economic development of the country.”

    Utilising Mastercard’s global network, Zimswitch will launch a co-branded contactless card programme that features EMV technology to enable safer, smarter and more secure transactions. The payment switch will also introduce Mastercard’s digital payment solutions, a loyalty platform and a national fraud and risk management solution to protect consumers, financial institutions and merchants against criminal activity.

    From an e-commerce platform perspective, Zimswitch will leverage Mastercard Payments Gateway Services to support small businesses, as well as the private and public sectors. The platform will process all payments from all major international card schemes, enabling international visitors and locals to book and pay for their travel, visas and government services online.

    “Zimbabwe has witnessed a significant shift in growth of electronic payments over the last few years and we are delighted by Mastercard’s commitment to driving Zimbabwe’s digital agenda, which demonstrates confidence in our market. The ultimate aim of this partnership is to unlock best-in-class payment solutions that will position Zimbabwe at the forefront of the global financial system. This will further help us to boost investment, while making it easier for people, and businesses to transact,” says Wonder Nyabereka, the Zimswitch Board Chairman.

    Mastercard’s commitment to financial inclusion means the company is actively leveraging the latest technology to simplify and reduce the cost of transacting. This is even more critical in the wake of the COVID-19 pandemic, where many vulnerable populations have been disproportionately impacted by economic challenges.

    Mark Elliott, division president of Mastercard Southern Africa, says: “Our strategy remains focused on enabling digital transformation for our partners so that their customers enjoy seamless access to payments and a superior experience when transacting across different platforms. We are very excited to partner with Zimswitch to lead the transition to a more inclusive digital payments system –and to do it in a way that helps society at large. This marks a significant step towards greater consistency, security and speed for processing everyday payments while laying the groundwork for future innovation.”

     

    About Mastercard

    Mastercard (NYSE:MA) is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all. www.mastercard.com

     

    About Zimswitch

    Zimswitch is the national electronic funds switch for Zimbabwe and a leading payments technology company in the country. We create customer value through providing a frictionless payment experience by offering convenient, secure and efficient payment service solutions that dissect across markets. Our state of the art switching system connects financial institutions, merchants, third-party payment providers, businesses and consumers in Zimbabwe to the world of electronic payments. Through our business ethos which inculcates a culture of innovation, customer-centricity and agility, our services continue to evolve to meet the ever-changing dynamics in the payments market. The future is digital, and digital payments transformation has become our business agenda. www.zimswitch.co.zw

                  

    Communications contacts:

    Mastercard: Birgit Deibele, Birgit.Deibele@mastercard.com

    Zimswitch: Sharon Marira, info@zimswitch.co.zw


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    Bottle Stores And Other Liquor Outlets Now Allowed To Sell Alcohol

    Bottle Stores And Other Liquor Outlets Now Allowed To Sell Alcohol-iHarare

    Bottle Stores And Other Liquor Outlets Now Allowed To Sell Alcohol

    The government yesterday delivered good news to drinkers of the wise waters when it announced that bottle stores can reopen under strict rules as it continues to relax the economy following success in containing Covid-19  infection.

    Addressing journalists last night after yesterday’s Cabinet meeting, Information, Publicity, and Broadcasting Services Minister Monica Mutsvangwa said bottle stores and other liquor outlets can now sell alcohol, but on the strict condition that no one drinks on or around the premises.

    Since the start of the lockdown in March this year, only supermarkets, with their tight security and refusal to allow on-site drinking, have been authorized to sell alcoholic beverages.

    Mutsvangwa said:

    Following representations from the Liquor Retailers’ Association seeking permission for liquor retailers to commence operations, Cabinet resolved that operations could resume in line with COVID-19 regulations and on condition that no liquor is consumed at their premises.

    Bars and nightclubs remain closed.

    However, some bars and night clubs are still operating in defiance of lockdown regulations, opening behind closed doors.

    In some instances, they are reportedly bribing security personnel on patrols who will tip them off whenever they suspect that they are being tracked.

    Under the lockdown regulations, almost from the beginning, supermarkets and bottle stores were allowed to keep selling alcoholic drinks.

    Bars and night clubs were closed before the national lockdown, but after a very brief ban on alcohol sales at the start of the lockdown, supermarkets, and licensed bottle stores were permitted to resume selling during the hours permitted for food shops, which have gradually been extended from six hours a day to eight-and-a-half hours a day, but with all exempted shops to be closed by 4.30 pm.

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    Current Power Outages Will Be A Thing Of The Past: Energy Minister Soda Zhemu Assures Zimbos

    power outages- iHarare

    Current Power Outages Will Be A Thing Of The Past: Energy Minister Soda Zhemu

    Energy and Power Development Minister Soda Zhemu

     

    Good news Zimbabweans!

    Energy and Power Development Minister, Soda Zhemu has assured the nation that power supplies would improve in the coming days as interventions are being implemented to restore normal generation at Hwange Thermal Power Station.

    The country has been experiencing power outages as a result of depressed generation mainly at Hwange due to old equipment that is overdue for service.

    Power utility, Zesa is producing 270 megawatts (MW) from Hwange and 890MW from Kariba hydro. An average of 200MW is imports against a national demand of 2 200MW.

    Speaking to The Chronicle on the sidelines of a tour of the Hwange units 7 and 8 expansion project, Minister Zhemu said engineers at Hwange Power Station had completed the refurbishment of unit 5 and were awaiting delivery of diesel to start up the generators for it to be back online.

    He said:

    Three units are currently in service and doing between 260 and 270MW, which is actually inadequate considering the power demands in the country. So far, we are expecting unit 5 to be back on service anytime once diesel is made available, which we heard is on its way. In the next 2-3 days unit 5 will be back to service. Once that unit is back online then the current power outages will be a thing of the past. Yes, we know there is work going on at units 3 and 6 and arrangements to have the experts coming back into the country.

    Zhemu also told The Chronicle that he hopes that once units 3 and 6 are brought into service by next month and December, the country will meet its power requirements for the productive sector and household consumers.

    He said delays on progress at units 7 and 8 expansion projects as well as the existing units was due to the outbreak of Covid-19, which caused lockdowns that affected foreign travel by engineers after the December holiday.

     

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    Here Are The New Fuel Prices In Zimbabwe Effective 05 September 2020

    New Fuel Prices In Zimbabwe Effective 05 September 2020

    New Fuel Prices In Zimbabwe Effective 05 September 2020

     

    The Zimbabwe Energy Regulatory Authority (ZERA) has approved an increase in fuel prices following almost a month with no adjustment in the price of fuel. The new fuel prices are effective tomorrow Saturday, 05 September 2020.

    Diesel has now gone up to ZWL $86.38 per litre, an increase of ZWL $3.00 per litre from the previous price of ZWL $83.36 per litre.

    Blended Petrol has gone up to ZWL$97.93 per litre. This is an increase of ZWL $4.78 from the previous price of ZWL$93.15 per litre.

    However, there is good news for those buying in foreign currency. The United States Dollar prices have gone down slightly. Blended Petrol went down by 10 cents and is US$1.18 per litre while diesel is down 5 cents to US$1.04 per litre.

    Below is the full statement from ZERA which iHarare is publishing in its entirety.

     

     

    The price of fuel has now become more stable since the Reserve Bank of Zimbabwe (RBZ) introduced the weekly foreign currency action system in June. Although the price is subject to change, it is no longer changing on a weekly basis.

    However, people are complaining that the fuel which is supposed to be sold in the local Zimbabwe currency, still referred to by many as RTGS, seems to be scarce and not readily available.

    Due to the scarcity of fuel being sold in the local currency, there are usually long winding queues at the service stations which will be selling in Zimbabwe Dollars.


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    The post Here Are The New Fuel Prices In Zimbabwe Effective 05 September 2020 appeared first on iHarare News.

    Econet Hikes Voice Call Tariffs, Announces New Out Of Bundle Tariffs

    Econet out of bundle tariffs- iHarare

    Econet Hikes Voice Call Tariffs, Announces New Out Of Bundle Tariffs

    Tecno software eats airtime- iHarare

    Zimbabwe’s largest mobile service provider Econet Wireless has announced new voice, data, and SMS (out of bundle) tariffs.

    The new tariffs will take effect on Monday 7, September 2020.

    Econet Wireless Zimbabwe has increased tariffs for local voice calls to as high as ZWL$6.42 per minute.

    Econet has hiked the voice call tariffs from ZWL$0.0722 per second to ZWL$0.1070 per second. This translates to ZWL$6.42 per minute.

    The mobile service provider also hiked data tariffs to ZWL$1.2656 per MB from ZWL$0.8668 per MB.

    Strive Masiyiwa’s company also hiked SMS tariffs from ZWL$1.0980 per SMS to ZWL$1.6491 per SMS.

    iHarare publishes the full notice by Econet below:

    Dear Customer, 

    Please note of the following tariffs as per regulatory approval, effective Monday 7, September 2020. 

    1. Voice, Data & SMS (out of bundle) 

    2. SMS Bundle 

    Voice – ZWL$0.1070 per second 

    Data – ZWL$1.2656 per MB 

    SMS – ZWL$1.6491 per SMS

    To access the new SMS Bundles

    In related news, Econet recently hiked its mobile data tariffs by 60% following approval from the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz).

    Econet said the latest adjustment was in response to inflation movement, local currency devaluation, and increasing network input costs. 

    Zimbabwe’s annual inflation rose to a 10-year high of 837 percent in July, up from 737 percent in June, after prices of goods and services went up due to the impact of drought, foreign currency shortages, and the deadly coronavirus pandemic.

    According to the new data bundle tariffs, Econet subscribers will now be paying $13 for a daily 20 megabyte (MB) data bundle up, from $8, while 100MB bundles have been adjusted from $42 to $67 per month. Econet’s monthly 8G private Wi-Fi bundle will now cost $960 from $600.

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    Here Is How To Get ZESA Electricity Tokens On Credit

    How To Get ZESA Electricity Tokens On Credit On Econet

    How To Get ZESA Electricity Tokens On Credit On Econet

    How To Get ZESA Electricity Tokens On Credit On Econet

     

    The country’s biggest mobile network operator, Econet, has introduced a new facility which allows cash strapped subscribers to get ZESA electricity tokens on credit. This move is likely to be welcomed by many people, as some people sometimes have to go a few days without power when things get really tough.

    Surprisingly, the new feature was seemingly launched quietly with no fanfare.

    The ZESA electricity tokens on credit feature can be accessed using the USSD code. However, the feature may not be available to everyone, because certain conditions have to be met.

    According to Zimpricecheck, some of the conditions include the following:

    • You must be regularly using your Econet line. This feature will not work with a newly purchased line or with one that has been lying dormant for some time.
    • Your line should be in good standing and should not have any outstanding airtime credit that has not been paid.
    • For some reason, your line should not have more than ZWL$10.00 airtime. If your line has more than ZWL$10 airtime, you get the message

    “Sorry, your airtime balance is too high. To qualify for Zesa On Credit service your balance should not exceed ZWL$10.00”

     

     

    That said, here is how to get ZESA electricity tokens on credit on your Econet line.

    • Dial *179#
    • Select Option 2: ZESA On Credit
    • You will be taken to a similar screen where you select Option 1: ZESA On Credit.
    • At this point, if you do not qualify, you will get an error message and won’t be able to proceed.
    • If you do qualify, however, you then follow the prompts and enter your metre number and confirm.

    So far, Econet’s Zesa On Credit service allows you to get electricity worth only ZWL$50. however, as this appears to be the pilot program, the company may introduce higher amounts in future. For this service, you will have to repay the amount plus 26 per cent interest. We suspect the figure for the interest was arrived at after the company analysed the country’s inflation trends.

    With relatively very little or no load shedding at all and with lockdown regulations stopping many people from going to work, some people have been facing a different kind of problem concerning electricity: affordability. This likely means that the Econet Zesa On Credit feature will have a market.

    Issues of affordability are quite evident when on the first day of each month, scores of people try to purchase electricity units and in the process sometimes overwhelm the system. This is because every new month, allows people to buy subsidized units and many people who would have run out will be eager for a chance to buy cheaper units.


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    The post Here Is How To Get ZESA Electricity Tokens On Credit appeared first on iHarare News.

    Understand How The Internet Works: Get An Accredited Digital Marketing Qualification.

    Afrodigital Pan University - Digital Marketing Accreditation

    Understand How The Internet Works: Get An Accredited Digital Marketing Qualification.

     Afrodigital Pan University

    Last week Afrodigital Pan University got its accreditation from CPD UK. In celebration of this great milestone and huge step ahead, Afrodigital is offering anyone interested the opportunity to get the Pan Degree in Practical Digital Marketing course for 30% less for the September intake. September intake closes on the 7th of September 2020.

    The accreditation of the Pan Degree in Practical Digital Marketing course by CPD UK makes it the strongest online digital marketing course developed and tutored in Zimbabwe.

    The Pan degree in Practical Digital Marketing is comprehensive and practical. As the student goes through the 14 modules of web marketing in the course, they are required to implement them in a real-world business of their choice as their course project. This gives the students an opportunity to acquire many digital skills including digital strategy (digital marketing framework), website management, social media marketing, Google Ads, search engine optimization, email marketing and more.

    Students who enrol on this course enjoy 100% convenience of learning at their pace and time if they have connectivity. There will be weekly webinars for students after each module to ask questions and elaboration of concepts learnt. Every student has a chance to interact with the course instructors on a weekly basis for a coaching session.

    From 2021, the course price will be reviewed from the current USD $140 to USD $220. The last class of 2020 is starting on the 5th of October 2020. Your best opportunity is to enrol for the September intake for 30% discount by the 7th of September 2020.

    Trust Nhokovedzo, the founder of Afrodigital Pan University and head instructor in this course, has over 12 years of experience in training and implementing digital marketing in the UK, US, Switzerland, South Africa and Zimbabwe. He was also involved in the Google Digital Skills training for Zimbabwe in 2017.

    Contact details: Calls & WhatsApp +263 719 215 343 or +263 775 695 481.
    Email: admin@afrodigital.org
    Register and pay online on: https://afrodigital.org


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