Friday, 27 March 2020
Victoria Falls hotels shut down
Lately, players in the industry have suffered massive cancellations of bookings resulting in room occupancy rate dropping to average two percent in some hotels while others are already at zero. Three quarters of jobs have since been lost after employers terminated contracts while some workers have been sent on forced leave or placed on half salary because of lack of business.
Africa Albida Tourism (AAT), a hospitality group with hotels, lodges and restaurants across Southern Africa yesterday announced that it will suspend operations at all its properties in Victoria Falls for the next three months starting on Tuesday next week.
In a statement, the hospitality group's chief executive, Mr Ross Kennedy, said the affected properties are Victoria Falls Safari Lodge, Victoria Falls Safari Club, Victoria Falls Safari Suites, Lokuthula Lodges, The Boma Dinner & Drum Show.
Operations will resume on July 1, subject to the prevailing health situation.
"After deep and careful consideration with our board, shareholders, works council and employees we have made the difficult but correct decision to temporarily cease operations at all our Victoria Falls properties for the next three months. Our last day of operation will be March 31, 2020," said Mr Kennedy.
He said the group considered health and welfare of employees' families, community and tourists.
"The plan is to commence operation on July 1 but this may be further extended or even shortened depending on the prevailing situation. This is a time of huge uncertainty in our country and across the world and we as AAT have to do our part to curtail the spread of the virus," said Mr Kennedy.
The reservations office will remain open while a skeleton staff will be on standby to deal with affected clients. An official from the Hospitality Association of Zimbabwe said operators had been told to follow suit.
"We have engaged the leadership and the industry that if we all care for all our staff we must follow suit and do what's right. We can recover money but lives lost are lost for good and the families will have lost breadwinners," said the official on condition of anonymity.
He said the tourism industry was facing shutdown as a result of coronavirus which has resulted in massive cancellation of trips and bookings worldwide. Some small lodges in Hwange have also reportedly stopped booking people while some businesses and organisations have also closed shop.
Meanwhile, Victoria Falls municipal police fought running battles with Zambian vendors yesterday as residents expressed concern about laxity of authorities at the country's ports of entry. The vendors cross through Victoria Falls border post every morning to sell vegetables, tomatoes, green mealies and other farm produce as well as clothes and return to their country in the evening.
Authorities at the border said they were waiting for official communication to close the border.
The World Travel and Tourism Council (WTTC) has also said the industry is uniquely exposed with an estimated 50 million jobs set to be lost globally. WTTC appealed to governments to come up with tourism funds to support the industry.
Source: Victoria Falls hotels shut down (26/03/20)
Thursday, 19 March 2020
Vic Falls Covid-19 scare clarified
Tuesday, 17 March 2020
Vic Falls workers 'vulnerable' after UK tourist tests positive for coronavirus
Zimbabwe considers financial implications of Kazungula Bridge
Zimbabwe is evaluating the financial implications following its integration into the Kazungula Bridge, transport minister Joel Matiza has said.
Zimbabwe and Namibia were roped into Kazungula Bridge Project in in 2018 as equity partners to help boost construction of the project.
The 750-metre bridge at Kazungula crossing over the Zambezi River is being constructed at the confluence of Zambezi and Chobe rivers, the meeting point of Botswana, Namibia, Zambia and Zimbabwe.
Mr Matiza told a regional summit last week that Zimbabwe was in the process of counting the cost of the project.
“We are currently doing computations of the cost of the project and later present it to the cabinet for approval to allow us proceed with the project,” said Mr Matiza.
Once completed, the Kazungula Bridge is expected to facilitate seamless trade within the SADC region.
But the US$294-million project, touted as one of the major SADC economic integration success stories, has been experiencing delays partly due to lack of finance.
Source: Zimbabwe considers financial implications of Kazungula Bridge (16/03/20)
Sunday, 15 March 2020
Zimdollar wreaks havoc
The local unit has plummeted from ZW$29 to the United States dollar to ZW$40 this week on the parallel market as the authorities struggle to defend the increasingly unstable domestic currency.
Government freed the exchange from February 20 last year as part of currency reforms. It then brought back the hitherto demonetised Zimdollar on June 24, unexpectedly banning the multi-currency system which ensured exchange rate stabilisation and ended hyperinflation in 2009. However, the currency reforms have failed to shore up the local unit which is in freefall.
Currency and exchange rate volatility have had a serious impact on the economy and people's livelihoods with a recent wave of price increases of basic commodities such as bread and cooking oil.
Standards of living for ordinary Zimbabweans and business operations have deteriorated, amid tumultuous price escalations and rapid erosion of income with year-on-year inflation nudging towards the 500% mark.
In a desperate bid to stabilise the exchange rate, government this week set up a "Currency Stabilisation Taskforce" among a cocktail of measures.
Finance minister Mthuli Ncube announced this week the formation of the taskforce spearheaded by his ministry and the Reserve Bank of Zimbabwe and which will include members of the Monetary Policy Committee and Presidential Advisory Council. The new taskforce will be chaired by Ncube.
Among the measures announced by the Treasury boss is the introduction of a "managed Floating Exchange Rate System", in which an electronic forex trading platform based on the Reuters system has been put in place with immediate effect.
"Zimbabwe has had no transparent and effective foreign exchange trading platform for a long time. Consequently, official rates have not been effectively determined, while a thriving parallel market has developed. To correct this anomaly, an electronic forex trading platform based on the Reuters system is being immediately put in place," Ncube said.
Source: Zimdollar wreaks havoc (13/03/20)
Friday, 13 March 2020
First destination Spa will soon open in Victoria Falls
healing practices, ancient spiritual traditions, special minerals, local ingredients and culinary
traditions, history and culture,” she said.
2 Victoria Falls men arrested in card cloning scam
Courage Mdereseri (26) and Eugene Ndlovu (36) from Chinotimba suburb and Ngugama Crescent respectively used a card cloning machine to wipe clean a man's bank account.
Cloning refers to criminal duplication of one's Automated Teller Machine (ATM) cards, which criminals use to steal cash from bank accounts.
The duo was not asked to plead to fraud charges when they appeared before Victoria Falls magistrate Ms Lindiwe Maphosa on Wednesday.
They were both remanded to 25 March on $500 bail each. They were both asked to surrender their travelling documents, report twice a week at Victoria Falls Police Station and reside at their given residential addresses.
For the State, Mr Onias Nyathi said sometime last year in December, the duo in the company of an accomplice who is still at large, used a card cloning machine to withdraw money from the complainant's account.
"In December 2019 and at African Duty-Free shop, the accused persons possessed two swiping machines to clone the complainant's credit card and went on to steal his money by withdrawing it from his bank account without his consent and knowledge," said Mr Nyathi.
The complainant, whose name was not stated in court papers received a notification message from his bank that he had withdrawn US$2 400 from his account. Investigations by the bank with the help of police officers, revealed discovered that Mdereseri was the culprit and he implicated Ndlovu, resulting in their arrest.
Source: 2 Victoria Falls men arrested in card cloning scam (13/03/20)