Ndola, Thursday 30th June 2022 – The Trade Kings Group through its Foundation today announced the donation of medical equipment to the Ndola Teaching Hospital. As medical devices are a fundamental component of the Healthcare Systems; they provide exponential benefits when correctly deployed and are essential to the prevention, diagnosis, treatment, and rehabilitation of illnesses and diseases in a safe and effective way. This has been one of the key drivers of the foundation’s Corporate social Responsibility efforts since its inception 5 years ago.
Speaking during the donation Trade Kings Group Manager for PR And Corporate Affairs Bridget Kambobe said, “As the Trade Kings Foundation celebrates 5 years since it inception, this donation to the Ndola Teaching Hospital is an opportunity to demonstrate our continued commitment and support to the health sector.
The Foundation identified healthcare as one its pillars of focus stressing its significance as it enables people to be mentally and physically healthy. This ensures that people have a superior quality of life and are productive members of the society.”
For the last 5 years, Trade Kings Foundation has contributed to improvement of quality healthcare through support projects that includes, renovation of hospital facilities and infrastructure, provision of health and hygiene products, donation of equipment and materials and the provision of medical oxygen. This has been in line with the vision and goal of improving lives as the Trade Kings Group continues to invest in the economy, local and regional markets and most importantly in the related communities.
In view of the healthcare pillar remaining cardinal in the Trade Kings Foundation, we are here today to make this donation of ICU equipment to the Ndola Teaching Hospital which include; Patient Monitors, Ventilator, Hi-Flow Oxygen Machines, Suction Machines, PPEs and Disposal Hospital Gowns.
The role of medical equipment in saving lives cannot be over emphasised. We recognize, as the foundation, that the Ndola Teaching Hospital is the second largest hospital in the country and located in the capital town of the Copperbelt province is offering health services to the population from other towns in the province. The need therefore for reliable equipment is essential to the ongoing provision of quality and effective care.
To receive the Donation, the Ndola Teaching Hospital Senior Medical Superintendent, Dr Joseph Musowoya Said “This donation could not have been at a better time when the cases of Covid 19 cases are increasing with the onset of the cold weather.
We are incredibly grateful to the Trade Kings Foundation for the donation and making this equipment priority. Our priority as health practitioners is patient wellbeing and medical equipment enables us to conduct procedures effectively.
Ours is a service and as service providers we are to use well maintained medical equipment to avoid fatal accidents and save lives. We remain grateful to the Trade Kings Foundation for your demonstrated partnership and generosity to the Zambian People.”
He further said “The medical equipment donated this morning will help healthcare workers provide care for patients especially with COVID-19 and strengthen public health capacity in Zambia to contain the pandemic and minimize its impact. Moreover, this donation will also boost the collective effort aimed at managing and curtailing the spread of the deadly virus in our hospital.”
Trade Kings Foundation being the corporate social responsibility arm of the business, envisages a healthy population through contribution quality of health care services which includes infrastructure, equipment, medicines, and healthcare workers. The foundation will continue investing in communities as the group remains committed and interested in the wider social issues that are affecting society especially in its focus areas.
The Foundation remains resolute in its Mantra of “Improving Lives”. Giving Back to the Community to contribute to improvement of livelihood as the world continues to experience various challenges which include but are not limited to health care, access to clean water, access to education, gender inequalities and youth unemployment.
Zambia Tech Startup Wins International Award
Zambia is winning internationally again. Bosso, a construction tech startup took to Cape Town and pitched at Africa Arena and where they walked away with Saint Gobain’s top award, an award that recognizes promising startups in the construction sector in Africa.
Bosso launched in June 2022 with a mission to change the construction industry for the better. To make building a home and supplying hardware stores easier, faster and cheaper. No more price shopping as Bosso makes building material prices as low as possible.
In a few months, when we look back at the progress of Bosso, 2022 will be remembered as the year Bosso established itself as a force to be reckoned with in both the construction and tech sectors. So it’s probably no surprise that Bosso has won this year’s Saint-Gobain challenge six months after launching on the market.
Two weeks ago, Bosso CEO, Chisepo Chirwa and CFO, Salwa Shamapande were on hand to receive the award presented by Saint Gobain, a world leader in building material manufacturing, at the 6th annual AFRICARENA Summit held in Cape Town, South Africa.
Perhaps more important than the recognition the award brings is what Bosso has done and continues to do so far in mending the fragmented supply chain of construction material. Over the past six months, Bosso has quickly expanded to make affordable, reliable sourcing and transportation of construction materials available for more than 400 hardware stores in Lusaka alone. The company last month launched a new partnership with Solid Green Investments that will see the construction of 100 affordable housing units in Lusaka’s New Kasama suburb valued at over 100 million Kwacha.
Multimillion-dollar boost for small business as more African countries join MultiChoice Africa Accelerator Programme
FOLLOWING the success of the MultiChoice Africa Accelerator Programme, which secured $16 million (USD) of funding for six emerging businesses last year, the programme has been expanded to eight more countries across Africa.
Many more small businesses in Africa’s technology sector now have the chance to benefit from the 2023 programme, which provides the skills and opportunities needed to attract transformative business funding.
“We’re really excited to be expanding the MultiChoice Africa Accelerator Programme to more African countries. It’s part of our long-term commitment to growing and multiplying Africa’s technology potential, which is critical to our future growth,” said Mrs Leah Kooma, Managing Director MultiChoice Zambia.
The MultiChoice Africa Accelerator Programme, which kicked off during Global Entrepreneurship Week, is aimed at established start-ups and small enterprises in specific technology sectors – healthtech, agritech, fintech, edutech, the circular economy and the creative industries.
“There is such incredible business talent across Africa,” said Mrs Kooma. “MultiChoice Africa Accelerator is an opportunity for investors and small enterprise to collaborate to multiply the impact of this talent and scale it across Africa.”
Having started in South Africa in 2021, the MultiChoice Africa Accelerator is expanding to Ivory Coast, Senegal, Nigeria, Ghana, Kenya, Zambia, Angola and Ethiopia. The initiative equips emerging entrepreneurs to secure funding and scale up their businesses, and also provides opportunities to pitch to international investors.
African Development Bank President Dr Akinwumi Adesina has previously noted that, “the private sector is Africa’s growth accelerator”, and several African nations have backed small-business development as part of their economic strategy. The MultiChoice Africa Accelerator dovetails with these development objectives.
The MultiChoice Africa Accelerator Programme is an initiative of the MultiChoice Innovation Fund, in collaboration with Dubai-based business incubator Companies Creating Change (C3), which gives entrepreneurs access to the tools, skills and financial support to grow their business. MultiChoice has also partnered with EOH, a tech services company who will bring their expertise to the table especially in terms of tech advisory, development sprint and technical support.
The first phase of the MultiChoice Africa Accelerator Programme sees public and private-sector partners in each country nominating businesses or entrepreneurs for the programme. From there, 29 of the start-ups embark on an intensive virtual training course. The initiative is aimed at established businesses that are already operating and looking to scale up by attracting further investment.
The virtual training course takes place over several weeks, teaching start-up owners media skills, how best to market their businesses to investors, how to create attractive business plans, and to know what investors are looking for.
Later, the entrepreneurs will come together at a finals event, where 11 start-ups will be selected for the final pitch phase. They will attend a dedicated C3 boot camp to learn how to shape their story for international investors, and to get “pitch ready” before their big presentations.
“We believe SMEs in the technology, sustainability and creative sectors will be fundamental to the next phase of Africa’s growth,” says Mrs Kooma. “The MultiChoice Africa Accelerator is geared to finding the most promising start-ups and empowering them to play this critical role.”
Zambezi River Authority orders the shut down of Kariba South Bank power station to avert the risk of total shutdown of power generation operations at Kariba
THE Zambezi River Authority has firmly guided that the Zimbabwe Power Company (ZPC) and Kariba Hydro Power Company Limited (KHPC) immediately ensure that generation activities at the South Bank Power Station are wholly suspended henceforth, until January 2023.
Authority chief executive engineer Munyaradzi Munodawafa said the suspension will be in place untill a further review of the substantive hydrological outlook at Kariba is undertaken which will include consideration of the total reservoir live storage build-up which would have resulted from a shutdown of the Kariba South Bank Power Station power generation operations.
In a letter addressed to Zimbabwe Power Company managing director and copied to Zesco managing director , engineer Munodawafa said there is highly unlikely that there will be any reasonable inflow augmentation in the remaining period of the year 2022, giving little or no chance of improvement in the reservoir storage levels during the remaining period of the year 2022 and going into the first quarter of the year 2023.
“Please be advised that as of 25th November 2022, Kariba South Bank Power Station had utilised 23.89 Billion Cubic Meters (BCM) of water, accounting for 1.39 BCM (or 6.16%) above the 2022 water allocation of 22.50 BCM.
Given that the Kariba Reservoir usable storage currently stands at a paltry 2.98 BCM or 4.60% full, and that ZESCO Limited still has a positive balance of 2.44BCM (10.82%) as of 25th November 2022, ZPC/KHPC no longer has any usable water to continue undertaking power generation operations at Kariba South Bank Power Station.With the current performance of the 2022/2023 rainfall season in the Kariba Lower Catchment where the river flows are yet to improve and the associated inflows from the Upper Kariba Catchment which will only influence any potential increase in the Lake Level at Kariba during the later part of the first quarter of 2023,” he said.
Engineer Munodawafa said if the current water utilisation above allocation at Kariba South Bank Power Station continues, the remaining water for power generation at Kariba (will run out by mid-December 2022 or much earlier.
“Guided by the Water Purchase Agreement and the provisions of the ZRA Acts, as well as the agreed Reservoir Operational Framework under the Joint Technical Committee (JTC), where the Authority and the two Kariba Power Generation Utilities are obligated and have agreed to sustainably operate the reservoir, the Zambezi River Authority is left with no choice but to firmly guide that ZPC/KHPC immediately ensures that generation activities at the South Bank Power Station are wholly suspended henceforth, until January 2023 when a further review of the substantive Hydrological Outlook at Kariba will be undertaken which will include consideration of the total reservoir live storage build-up which would have resulted from a shutdown of the Kariba South Bank Power Station power generation operations,” he said.
(Mwebantu, Monday, 28th November, 2022)