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Local financial institutions have donated more than $17 million to fund the National Arts Council of Zimbabwe's 2003 merit awards.
Lack of adequate funding remains a major obstacle to the development of the film industry in Zimbabwe. The industry is likely to collapse if the Government and other stakeholders fail to come up with solutions.
The advent of the new broadcasting law which gives 75 percent allocation of airtime to local content was hailed by many as a way of promoting local talent in Zimbabwe's music industry.
Floodgates were opened for many musicians last year after the Government announced a new policy designed to promote works of up and coming local artists.
According to UNESCO, in the 18 years to 1998, annual world trade-related to 'cultural industries' quadrupled from US$95 to US$388 billion. In light of the importance of cultural industries on economic strength, Zimbabwe must move to excel in its cultural work so as not to lose its cultural heritage and resources to those who simply know better how to use them.
Victor Mavedzenge, a visual artist and poet, yesterday donated US$136 000 to the Just Children's Home in Harare to meet the children's upkeep. Mavedzenge last month held an exhibition entitled 'Quantum Soup for Oliver' at the Book Cafe. He sought to donate the proceeds to charity.