Air Zimbabwe’s Airline Food Leaves The Country Divided

The picture of the airline food has not been well received by Zimbabweans on social media. Some people accused the airline of soiling the country’s image. They argued that Air Zimbabwe was giving other countries ammunition to mock Zimbabweans. Other people reacted with horror and expressed disappointment at the standards being exhibited by the national airliner. They said that the fact that Air Zimbabwe was actually showing off the food unprovoked spoke volumes of the standards at the airline. However, some were not as critical. They argued that airline food, in general, is of poor standard and that this is not unique to Air Zimbabwe. Others also said that while the food presentation in the picture is not excellent, Air Zimbabwe’s food is much better than many other airlines. Below are some of the reactions to Air Zimbabwe’s airline food.

Air Zimbabwe’s Airline Food Leaves The Country Divided

 

 

The picture of the airline food has not been well received by Zimbabweans on social media. Some people accused the airline of soiling the country’s image. They argued that Air Zimbabwe was giving other countries ammunition to mock Zimbabweans. Other people reacted with horror and expressed disappointment at the standards being exhibited by the national airliner. They said that the fact that Air Zimbabwe was actually showing off the food unprovoked spoke volumes of the standards at the airline. However, some were not as critical. They argued that airline food, in general, is of poor standard and that this is not unique to Air Zimbabwe. Others also said that while the food presentation in the picture is not excellent, Air Zimbabwe’s food is much better than many other airlines. Below are some of the reactions to Air Zimbabwe’s airline food.
Picture: Maarten Visser, via Wikimedia Commons

 

 

 

Air Zimbabwe is trending on social media for all the wrong reasons after the national airline shared a picture of some of the food it serves on its flights.

 

 

 

The picture of the airline food has not been well received by Zimbabweans on social media. Some people accused the airline of soiling the country’s image. They argued that Air Zimbabwe was giving other countries ammunition to mock Zimbabweans.

Other people reacted with horror and expressed disappointment at the standards being exhibited by the national airliner. They said that the fact that Air Zimbabwe was actually showing off the food unprovoked speaks volumes of the standards at the airline.

However, some were not as critical. They argued that airline food, in general, is of a poor standard and that this is not unique to Air Zimbabwe.

Others also said that while the food presentation in the picture is not excellent, Air Zimbabwe’s food is much better than many other airlines.

 

Air Zimbabwe’s Airline Food Leaves The Country Divided

 

Below are some of the reactions to Air Zimbabwe’s airline food.

 

@KingKandoro

I wasn’t sure before, but now I’m convinced that this is how state entities have chosen to protest against the govt.

There’s no way or reason for a “marketing” team to volunteer this image unprovoked. On a Monday morning.

They know EXACTLY what they’re doing. LOL

@PhilChard

I was convinced this was a parody account at first. Why would you tweet this on the internet when other countries can see this?!?! 😭😭😭

@MntakaTshaka

I see the full tomato and sh’modo bread, wtf is that brown thing hehe

@rtnrxs

Y’all wake up and say how can we embarrass and annoy Zimbabweans today.

@Audreytsungai1

I think the social media manager isn’t being paid well because why would you post this😭

@RangaMberi

Airline food though. SAA food always like big wedding leftovers

@amaivaaaron

the fact that they are still flying worries me now this 😭😭😂

@thabanimnyama

Seeing many complaints about the pic served here and thought to weigh in a bit. Having been in many short flights I haven’t had any that served me with something that would be as filling as this. Would presentation be better? Yes. But is this terrible? No.

I personally applaud my team at @FlyAirZimbabwe and say keep up the good work and keep improving. These are not long overhaul flights so you can’t expect a heavy meal. I know others will have their qualms, that’s ok, but I do hope whatever standard they are using to bash this lovely photo is one well substantiated with facts with regard to how airliners operate. Just my humble view as a proud citizen rallying behind team
@FlyAirZimbabwe


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    OpenView Celebrates As Zimbabwe Police Launch More Raids & Confiscate Decoders

    OpenView Celebrates As Zimbabwe Police Launch More Raids & Confiscate Decoders

    OpenView Celebrates As Zimbabwe Police Launch More Raids & Confiscate Decoders

    OpenView Celebrates As Zimbabwe Police Launch More Raids & Confiscate Decoders

     

     

    South Africa’s free-to-view direct broadcast satellite television provider OpenView has celebrated and applauded the Zimbabwe Republic Police for carrying out more raids and confiscating decoders.

    This comes after the police raided 8 retail outlets in Harare that were selling decoders. The law enforcement officers confiscated 72 OpenView HD (OVHD) decoders, 95 counterfeit DStv power supply units, 203 counterfeit DStv remote controls, and five receipt books.

    The raids are part of the police’s ongoing clampdown on content piracy operations.

    OpenView is very popular among Zimbabweans as it offers a range of channels, including eTV and the SABC channels, without any subscription.

    However, OpenView is only licenced to operate in South Africa. The free-to-air satellite provider has repeatedly threatened to block the decoders used outside the borders of South Africa but is yet to make good on the threats.

    Celebrating the latest raids in Zimbabwe, Antonio Lee, the COO of Openview parent company eMedia, told The Chronicle,

    “Police are having success in breaking up decoder smuggling operations and arresting their local associates, who are bringing Openview OVHD decoders from South Africa into Zimbabwe in contravention of customs, trademark and copyright laws.

    “Raids and seizures are happening across the SADC region as part of a broader piracy crackdown.

    “Coming on the heels of the earlier busts, it shows that we are turning the tide on the illegal decoder trade and content theft. We are grateful to have the Zimbabwe Republic Police as our partners in this war on piracy.”

    Lee added that his company supports the raids and called on Zimbabweans to support local content creators by not purchasing OpenView decoders.

    “Anyone purchasing these products in Zimbabwe is robbing the country of customs duties, and Zimbabwe’s TV professionals suffer when viewers watch foreign content instead of home-made Zimbabwean shows.”


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    The 5 Top Benefits of an Online Resume You Need to Know

    The 5 Top Benefits of an Online Resume You Need to Know

     

    The current digital revolution has also changed the way employers recruit new staff to their companies. Many business owners have moved from the traditional methods of requesting hard copies of their qualifications to online CVs.

     

    You now have to create an online resume to send to employers when applying to most of the advertised jobs. So to be on the safe side, you need to prepare one soon.

     

    Dive in and learn about the top benefits of online resumes.

     

    • 1. You Can Create Multiple Versions

     

    An online resume allows you to create multiple versions in no time. This is because some of your skills may apply to some jobs and not to others. You can have many versions on the internet relevant to different jobs.

     

    This is easily done with an online CV unlike with hard copies where you will have to spend a lot of time creating one for each. It doesn’t only consume much time but it is also more expensive as you have to buy and use more writing materials.

     

    As a matter of fact, companies in the same industry can advertise the same job but with different specifications. So if you are to increase your chances of successful job hunting, then you need to apply to all. Many online businesses only accept digital resumes including gaming platforms. They have many jobs like social media managers, writers, secretaries, and accountants among others. 

     

    You can find many positions at top gambling sites, which offer superb products. On these platforms, reviews are given on all games and operators as well as you can play the demo version of many games. In addition, if you are looking to play you can claim a generous welcome bonus. 

     

    • 2. It’s Flexible

     

    You can easily change your online resume at any time if there are more skills you need to add. Or if you have made some mistakes somewhere and you need to correct them. However, with written CVs, you have to cancel the whole document and create a new one.

     

    Moreover, an online resume is easier to move with because you can access it from anywhere. You just have to log into your account on the desktop or smartphone where you keep it instead of carrying piles of papers.

     

    • 3. You Can Easily Share It

     

    A digital resume is easy to share with the employer as you don’t need to move to the company location. You don’t have to approach the supervisor or human resource manager physically to hand in your documents.

     

    You only have to send them a link to your online portfolio where they can find all the needed information about you. Furthermore, you can send them a PDF document with all your data to the email address provided to where all applications must be sent. This saves you from the hustle of dropping them at the offices including checking your dress code.

     

    Best of all, with digital resumes, most companies send confirmation emails that they have received them which is rare with hard copies.

     

    • 4. It’s Easily Printable

     

    For employers who need paper resumes, you can easily print out copies and send them in no time. You don’t have to worry about writing down a new copy as you only have to access your online CV. Then edit it according to the job specifications, print it and you are good to go.

     

    This is the most amazing feature of online CVs because they are multi-purpose and can serve both online and offline. The other good news is that, even if you don’t know how to create one, there are many free templates online that can guide you.

     

    • 5. You Can Add It To Your Social Profiles

     

    An online resume gives you a golden chance of enabling employers to easily find you. Wondering how? If you are a member of professional social media sites like LinkedIn, there’s a massive potential of getting employed. This is because there are many business owners on the platform.

     

    Your only task is to add a link to your online CV or itself directly on your account. So if the employer searches for a person with your skills, your account will appear in the search results. 

     


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    3 insurance plans you should avoid

    Why Do People Always Feel Cheated In An Insurance Contract

    3 insurance plans you should avoid

    A life insurance policy is sold by instilling fear of the future. We want to be prepared to meet our financial demands if or when anything awful occurs since we can’t forecast the future. An Insurance company recognises this anxiety and provides various insurance products meant to protect us against a wide range of tragedies, including disability, sickness, and everything in between.

    While none of us wants anything unpleasant to happen, many of the possible disasters in our lives are not worth insuring against. This blog will go over three life insurance policies that you’d be better off without.

    We understand that having a life insurance policy helps you feel secure. Is it, however, necessary? Some insurance is really a waste of money, and there is such a thing as being over-insured. Identifying which life insurance policies are a waste of your money can assist you in saving money.

    When you want to save money, the method is straightforward: you assess your spending, determine what you can do without, and make adjustments. The same is true for insurance.

    What Is A Life Insurance Policy?

    A life insurance policy is a sort of protection that compensates for loss, damage, disease, or death.

    You pay an insurance premium, and the insurance company promises to reimburse your money in the case of an unforeseeable tragedy.

    There are several types of insurance, including health insurance, vehicle insurance, dental insurance, and others. And possessing it might provide you with peace of mind in the event of an accident. In other situations, though, you may not even need certain types of insurance.

    Which Life Insurance Policy You Should Avoid?

    1. Private Mortgage Insurance

    Private mortgage insurance (PMI) is well-known among homeowners for increasing the cost of their monthly mortgage payments. When lending to a higher-risk borrower, PMI protects the lender against loss. The borrower pays for this insurance, but he receives no benefit from it.

    If you buy a house with a down payment of less than 20% of the property’s value, you must pay PMI. The small down payment is considered as placing you in danger of loan default. There is no PMI until you put down at least 20%. Alternatively, you may put down 10% and take out two loans, one for 80% of the property’s selling price and one for 10%, albeit interest rates may prohibit the economics of this move from benefitting the homeowner.

    Problems With Private Mortgage Insurance

    Tax incentives are available to those who pay the premium for a term plan or loan insurance under Section 80(C) of the Income Tax Act. However, if your payment is combined with the EMIs, you will not be able to claim a tax deduction for the insurance premium plan.

    This implies that if your loan is Rs 30 lakh and the insurance premium is Rs 50,000, your total debt would be Rs 30.50 lakh. Your EMI will now be computed on Rs 30.50 lakh rather than Rs 30 lakh. In such a circumstance, you may be unable to get tax advantages.

    Buyers of home loans believe that their spouse or other family members would get the monetary compensation in the event of a disaster. However, this is not the case with PMI. A loan insurance policy is a risk-mitigation strategy that covers the lender’s risk; the policy’s only beneficiary is the lending institution. The lender pays the profits first, not the family/heirs.

    2. Accidental Death Insurance

    An accident is uncommon unless you are very prone to them. Other insurance covers major disasters like vehicle accidents and fires and any injury that occurs while you are at work. Accidental death plans by certain insurance companies are often riddled with clauses that make them impossible to collect on, so save yourself the trouble and obtain life insurance instead.

    While some insurance coverage is required, you must exercise caution while selecting coverage. In general, broad policies covering a wide range of possible occurrences are preferable to narrow policies that concentrate on particular illnesses or prospective catastrophes.

    Before purchasing any life insurance policy, read it thoroughly to ensure that you understand the terms, coverage, and costs. Don’t sign anything unless you’re completely satisfied with the coverage and certain you need it.

    Problems With Accidental Death Insurance

    There are several significant restrictions to accidental death insurance coverage. Many accidental death insurance plans, for example, do not pay benefits if the insured dies during surgery, as a consequence of a mental or physical ailment, as a result of a bacterial infection or hernia, or as a result of a drug overdose.

    As a result, accidental death insurance is not a replacement for term life insurance. Policies also prohibit war-related death or dismemberment.

    Some financial gurus believe accidental death insurance is a bad investment since the circumstances under which it pays rewards are so uncommon. However, if a breadwinner dies unexpectedly in an accident, accidental death insurance payouts might help the family’s financial situation.

    In addition, if a young person is injured and loses a limb, eyesight, or hearing, accidental death insurance payouts may assist compensate for some of the income loss that is expected to ensue.

    3. Critical Illness Insurance

    Cancer, heart disease, and other diseases are all covered by insurance policies and insurance companies. Instead of attempting to discover every possible condition, obtain a solid medical coverage policy. In this manner, regardless of the condition, your medical expenditures will be covered.

    Problems With Critical Illness Insurance

    You may expect to be covered for major ailments such as a heart attack, stroke, cancer, multiple sclerosis, Parkinson’s disease, or amputation of your limbs and legs (unless you have already suffered from any of these since pre-existing disorders will not be covered). However, numerous ailments aren’t covered, and these may differ from provider to provider, so be sure you’re reading the tiny print and purchasing coverage that’s right for you.

    Most carriers will only payout for one claim, so if you get unwell more than once, you will be unable to file another claim. However, with the assistance of an insurance company agent, it may be feasible to locate an insurance company willing to pay out several times. In reality, some Critical Illness insurance carriers would payout reduced amounts after previously paying out for a claim.

    Wrapping It Up

    While some insurance coverage is required, you must exercise caution while selecting coverage. In general, broad policies that cover a wide range of possible occurrences are preferable to narrow policies that concentrate on particular illnesses or prospective catastrophes.

    Before purchasing any life insurance policy, read it thoroughly to ensure that you understand the terms, coverage, and costs. Don’t sign anything unless you’re delighted with the coverage and certain you need it.


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    ZESA Increases Electricity Tariffs After Concerns That It Was Too Cheap

    ZESA Increases Electricity Tarrifs

    ZESA Increases Electricity Tarrifs

     

    ZESA Increases Electricity Tariffs

    The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has increased electricity tariffs with effect from 15 May 2022.

    Zimbabwe Energy Regulatory Authority (ZERA) has approved a tariff adjustment in order to restore the value of the tariff to a level of USc10.63/kWh which was approved in 2019.

    Read the notice:

    The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) advises its valued clients that Zimbabwe Energy Regulatory Authority (ZERA) has approved a tariff adjustment in order to restore the value of the tariff to a level of USc10.63/kWh which was approved in 2019.

    This adjustment will go a long way in enabling the Utility to carry out its mandate of delivering services to the public.

    The Tariff review is with effect from 15 May 2022.

    Recently, ZESA Holdings executive chairman, Sydney Gata, warned of power cuts due to the non-cost reflective electricity tariffs.

    Gata said ZESA last had a viable tariff in 2019 and the current tariff is not sustainable. In an interview with the Business Weekly, Gata said:

    We are heading for another severe load shedding. How long can you stay in business when you produce at a cost nearly twice the price you are selling at?

    In other news, iHarare reported that the Zimbabwe Republic Police (ZRP) boss Commissioner-General Godwin Matanga recently announced the ban of handheld spikes by police officers.

    This comes after public outcry following fatal accidents allegedly caused by police officers using spikes.

    In a statement, the ZRP warned that any police officer who disregards the ban and continues using handheld spikes will be arrested and face criminal charges.

    However, the public must take note that not all spikes have been banned, only the handheld ones.

     


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    Government Slashes Import Tariffs For Basic Commodities To Tame Soaring Prices

    Government Slashes Import Tariffs

    Government Slashes Import Tariffs For Basic Commodities To Tame Soaring Prices

     

    Government Slashes Import Tariffs
    A shop shelf in a supermarket in Zimbabwe.

     

     

    The government has announced that it has slashed import tariffs for basic commodities for citizens in the wake of skyrocketing prices across the country.

    The latest round of prices soaring was catapulted by last week’s announcement by President Mnangagwa that the government had temporarily suspended the lending of money by banks to public, private institutions and individuals. Prior to that announcement, the deterioration of the Zimbabwean dollar (ZWL), resulting in higher inflation,  forced prices to jump.

    Speaking in a statement released yesterday, Finance and Economic Development minister Prof. Mthuli Ncube said this measure seeks to allow citizens access to affordable goods.

     

    To ensure that citizens have access to affordable basic commodities, in the face of recent substantial price increases in the shops, the Government hereby opens up imports of basic commodities by citizens through the lowering of import tariffs and other accompanying measures. This is with immediate effect.

     

    Professor Ncube said those with free funds are permitted to import basics.

    The government further announced that it is now paying an incentive to farmers who deliver grain early.

     

    In the quest to incentivise farmers and encourage early deliveries of maize and other grains to the Grain Marketing Board, Government has taken the decision to pay maize farmers 30℅ of the amount due on grain delivered in United States Dollars and 70℅ in Zimbabwe dollars.

    The US dollar payment will be calculated at the prevailing willing-buyer-willing-seller rate published by the Reserve Bank of Zimbabwe on the date of delivery.

     

    Before this statement by Government, soaps, lotions, and carbonated beverages for resale were some of the goods whose importation was prohibited by the Zimbabwe Revenue Authority (ZIMRA). Other basic commodities could be imported, but their tariffs were set up higher to make them more expensive, hence driving Zimbabweans to buy locally-produced goods.


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    Zimbabwe’s Reserve Bank Orders Banks NOT To Lend Money To Anyone, Including Government

    Zimbabwe's Reserve Bank Orders Banks NOT To Lend Money To Anyone, Including Government

    Zimbabwe’s Reserve Bank Orders Banks NOT To Lend Money To Anyone, Including Government

     

    Zimbabwe's Reserve Bank Orders Banks NOT To Lend Money To Anyone, Including Government

     

     

    The Reserve Bank of Zimbabwe has ordered banks and financial institutions in the country not to lend money to anyone, including the government and private individuals.

    The central bank made the pronouncement following President Emmerson Mnangagwa’s address to the nation on Saturday.

    In the address, the President ordered banks not to lend money to private individuals and government departments to arrest the country’s economic decline.  According to the Sunday Mail, this is part of the measures to defend the Zimbabwe Dollar, which has been depreciating badly.

    The central bank has since issued a communique to all the banks ordering them to stop giving any loans. This order applies to both local currency and foreign currency.

    The reserve bank also said that all loans that were in the pipeline would be allowed on a case by case basis.

    Below is the complete statement from the Reserve Bank of Zimbabwe ordering banks not to lend money to anyone.

     

     

    9 May 2022

    To: Chief Executive Officers/ Managing Directors

    All Banking Institutions, Development Finance Institutions, Deposit-Taking and Credit Only Microfinance Institutions

    RE: NEW MEASURES TO RESTORE CONFIDENCE, PRESERVE VALUE AND RESTORE MACROECONOMIC STABILITY

    1. We refer to the National Announcement of 7 May 2022, made by the President of the Republic of Zimbabwe, His Excellency Dr. E. D. Mnangagwa, on Measures to Restore Confidence, Preserve Value and Restore Macroeconomic Stability, and the subsequent meeting of representatives of the banking sector with the Governor held on 9 May 2022.

    2. We bring your attention to paragraph 40 of the Presidential Announcement on the suspension of lending by banking institutions, building societies, development finance institutions, deposit-taking and credit-only microfinance institutions to the Government and private sector. For the avoidance of doubt, this suspension relates to all lending, whether local currency or foreign currency, to Government and the private sector, including corporates, other legal entities and individuals.

    3. We further confirm that no new credit facilities should be issued as the suspension covers new loans, undrawn portions of agreed facilities, overdrafts and other forms of borrowing instruments, by whatever name they are called.

    4. With respect to pipeline transactions, where all the facility terms and conditions have been met before the above pronouncement, institutions may approach the Reserve Bank for consideration, on a case by case basis.

    5. Please take note that the suspension of lending does not apply to offshore drawdowns.

    6. The Reserve Bank will monitor compliance with the above directive and will take appropriate supervisory action against any non-compliant institutions.

    7. We advise accordingly.

    Yours faithfully

    P. T. Madamombe Director, Bank Supervision

     


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    LEVELS: Zimbabwean Company Mukuru To Become Official Sponsor For EPL Club Crystal Palace

    Zimbabwean Company Mukuru To Become Official Sponsor For EPL Club Crystal Palace

    Zimbabwean Company Mukuru To Become Official Sponsor For EPL Club Crystal Palace

     

    Zimbabwean financial services company Mukuru has made history after becoming a sponsor for the English Premier League club Crystal Palace. Mukuru will become a sleeve sponsor for the EPL side for the 2022/2023 season.

    Mukuru, one of Africa’s largest money remittance businesses, was launched 18 years ago by Zimbabwean entrepreneur Rob Burrell.

    Now headquartered in the United Kingdom, the financial services company boasts more than 10 million customers in Africa.

     

     

    Announcing this major development,  Crystal Palace emphasized that the club has a huge contingent of African players.

    “Mukuru, a next generation financial services platform and one of the largest money transfer providers in Africa, will become Crystal Palace’s official sleeve sponsor for the 2022/23 season.

    Mukuru has more than ten million customers, and has completed more than 100 million transactions since inception in 2004. In addition to offering International Money Transfers, Mukuru also helps its customers around the world to address their broader financial needs.

    “Palace’s squad boasts several key players who represent African countries, including Wilf Zaha, Jordan Ayew, Jeff Schlupp, and African Cup of Nations winner Cheikhou Kouyate.

    Barry Webber, Commercial Director of Crystal Palace, hailed this move as it will help the club in expanding its fanbase across Africa.

    “This is a really exciting partnership for Crystal Palace, and we’re thrilled to welcome Mukuru on board.

    “As a club, we are incredibly proud of our links with the African continent, which were encapsulated by midfielder Cheikhou Kouyate winning the African Cup of Nations earlier this year.

    This partnership will help us to continue to expand our international fanbase, and Mukuru join us at a fantastically exciting time for the club, both on the pitch and off of it.”

     

    Chief Executive Officer of Mukuru, Andy Jury shared the same sentiments saying:

    “Mukuru is a business that puts the customer at the centre of everything we do. Our essence and passion lie in helping to solve problems for Africa’s emerging consumers through financial inclusion and uniting people across the world. This passion drives the way we do business, the way we communicate with our customers and the way we choose partnerships.

    “Soccer is the most supported sport on the African continent, uniting people globally, and our customers identified Crystal Palace as one of the teams they support.

    “A team with several African players and an iconic coach with strong African heritage in Patrick Viera who our Mukuru customers look up to and resonate with. We are excited to be associated with Crystal Palace, a well-respected and prestigious Premier League team. The sponsorship places Mukuru on an international stage, further entrenching our global presence, operating in over 50 countries around the world.”


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    Police Arrest Zimbabweans For Buying OpenView Decoders Following Raids

    Police Arrest Zimbabweans For Buying OpenView Decoders Following Raids

    Police Arrest Zimbabweans For Buying OpenView Decoders Following Raids

    Police Arrest Zimbabweans For Buying OpenView Decoders Following Raids

     

    The Zimbabwe Republic Police arrested 11 people and seized dozens of OpenView decoders following raids conducted in Beitbridge in the last two weeks.

    The individuals arrested were trying to bring the OpenView decoders into Zimbabwe from South Africa or were already selling them in Zimbabwe.

    They are alleged to be part of a cross border smuggling ring which was bringing the OpenView decoders into Zimbabwe.

    The free-to-air satellite provider is very popular among Zimbabweans as it offers a range of channels, including eTV and the SABC channels, without any subscription.

    However, OpenView is only licenced to operate in South Africa. OpenView has repeatedly threatened to block the decoders used outside the borders of South Africa but is yet to make good on the threats.

    The company has commended the Zimbabwe Republic Police for arresting the people bringing the decoders into the country, warning that they were engaging in content piracy.

    Antonio Lee, the COO of Openview parent company eMedia, warned that selling or having an illegal decoder in your home can lead to arrest.  He told The Herald,

    “We commend the Zimbabwe police on their detective work in breaking the smuggling ring and making the arrests.”

    “We are working with law enforcement in several SADC countries to share information about illegal trade in our decoders. We look forward to more major busts and more arrests being made soon.

    “Anyone purchasing an Openview decoder in Zimbabwe is robbing the country of customs duties.

    “They can expect no after-sales service. Also, Zimbabwe’s TV professionals suffer when viewers watch foreign content instead of home-made Zimbabwean shows.”

    Lee added that his company supports the raids and warned Zimbabweans not to buy the OpenView decoders.

    “Openview supports these raids, and we take this issue extremely seriously.

    “Pirating content using our devices is illegal. Both retailers and viewers are guilty of crimes. Having an illegal decoder in your store or in your home means you can be arrested at any time and prosecuted.”

    He also reiterated the company’s claims that those using the decoders outside South Africa may be switched off and blocked anytime.

    “Several national and international laws are being broken if you use pirate decoders. You will get no customer support, they can be switched off at any time, and you are engaging in illegal, criminal activity that makes you liable to arrest and prosecution.”


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    LEVELS: Zimbabwe’s Ralph Mupita Earns R84.2 Million In 2021 As MTN CEO After “Overachieving”

    LEVELS: Zimbabwe’s Ralph Mupita Earns R84.2 Million In 2021 As MTN CEO After "Overachieving"

    LEVELS: Zimbabwe’s Ralph Mupita Earns R84.2 Million In 2021 As MTN CEO After “Overachieving”

     

    LEVELS: Zimbabwe’s Ralph Mupita Earns R84.2 Million In 2021 As MTN CEO After "Overachieving"

    Group president and chief executive of the MTN Group Ralph Mupita earned a massive R84.2 million in total remuneration for 2021. The Zimbabwean was handsomely rewarded for his work after MTN reported that he had “overachieved,” resulting in “improved performance outcomes”.

    Mupita’s R84.2 million total remuneration is a 133% increase from the R36.1 million total remuneration he earned in 2020.

    The telecommunications giant revealed this in the group’s integrated annual report, published on Monday.

    “The difference of remuneration received in 2021 compared to 2020 was attributed to improved performance outcomes between the two years and his promotion to group president and CEO, effective 1 September 2020,” MTN explained in the report.

    According to the telecommunications giant, Mupita “overachieved” on the metrics of asset transformation and equity returns. He also met his targets in many other areas.

    The Zimbabwean’s earnings were as follows: R15.4 million in salary, post-employment benefits of R701 000, short-term incentives of R28.9 million, long-term incentives amounting to R37.7 million, and qualifying dividends, among other benefits.

    The short-term incentives jumped to R28.9-million from R17.7-million previously. Long-term incentives were R37.7-million, from R5.3-million previously, a jump of 616%.

    Explaining the massive increase in the long-term incentives (LTI), MTN said

    “The increase in LTI reflected between 2020 and 2021 financial year is due to the improved performance conditions outcomes and the group share price performance between the two periods as at settlement dates.”

    Mupita, who was previously the company’s chief financial officer, took over as CEO in September 2020 following the departure of his predecessor, Rob Shuter.

    He has overseen the company’s asset realisation programme, which included the sale of non-strategic interests. The programme, which launched in 2019, has so far delivered over R15 billion of the targeted R25 billion.

    Other MTN executives who earned big bucks include chief operating officer Jens Schulte-Bockum who received total remuneration of R67.4-million, chief financial officer Tsholofelo Molefe who received total compensation of R23.9-million, and board chairman Mcebisi Jonas who was paid R5.9-million for his services.

     


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  • The post LEVELS: Zimbabwe’s Ralph Mupita Earns R84.2 Million In 2021 As MTN CEO After “Overachieving” appeared first on iHarare News.