Uganda Airlines to start flights into Zim
MichaelTome Business Reporter UGANDA Airlines says it will start plying the Harare-Entebbe route from the 25th of this month following growth in air transport demand between the two countries. It is...
View ArticleSigns of recovery at SA state enterprises
The debate around whether each state-owned enterprise (SOE) should report to its relevant state department and minister or be housed in a new holding company seems irrelevant when considering their bad...
View ArticleSA’s land bank reaches deal, ends debt default
South Africa’s biggest lender to farmers reached an agreement to resume repayments on its debt, four years after it defaulted.
View ArticleEngie predicts more African renewable energy deals
Engie SA, the French utility that led a US$1 billion buyout of a rival’s renewable energy assets in Africa last year, expects more deals to be seen in the industry across the continent.
View ArticleMusk’s good news for Starlink in SA
Elon Musk says that his private rocket company SpaceX’s satellite Internet service, Starlink, is awaiting regulatory approval in South Africa.
View ArticleAudit firm Kreston targets expansion
AUDIT and financial advisory services firm Kreston Zimbabwe says it is continually exploring growth opportunities through expanding its footprint and services to new markets.
View ArticleSecZim approves new fund listing on FINSEC
The Securities and Exchange Commission of Zimbabwe (SECZ) has approved the listing of Smartvest High Income Fund (SHIF) on the Financial Securities Exchange (FINSEC) Mutual Funds Board.
View ArticleZim sees 36 percent jump in monthly gold output
ZIMBABWE’S gold production increased by 36 percent to 3,4 tonnes in August from 2,5 tonnes in the previous month, the latest official figures show.
View ArticleCourt blocks billionaire’s airport deal plan
A Kenyan court has temporarily halted the Government’s plan to grant India’s Adani Airport Holdings a 30-year contract to operate the country’s main airport, pending a final ruling, Bloomberg reported.
View ArticleGoogle loses EU court fight over €2,4bn antitrust fine
Europe’s top court has ruled Google must pay a €2,4 billion (£2 billion) fine handed down for abusing the market dominance of its shopping comparison service.
View ArticleAshanti to buy Centamin for US$2,5 billion
AngloGold Ashanti will buy Egypt-focused smaller rival Centamin in a US$2,5 billion stock and cash deal, the companies said yesterday, as the US-listed global miner expands its operations in Africa.
View ArticleApple looks to entice iPhone 16 shoppers
Apple introduced the latest version of its flagship device, the iPhone 16, betting it can entice consumers with modest hardware upgrades and AI technology that’s still on the horizon.
View ArticleNedbank makes ZiG73m half-year after-tax profit
Nedbank Zimbabwe posted ZiG72,54 million after-tax profit in the half-year period to June 2024, underpinned by significant growth in fees and commissions.
View ArticleHarare’s real estate set for transformation
Harare’s real estate industry is set for a marked transformation from the ongoing development of the Highland Park Precinct, a mixed-use project that promises to bring together retail, residential, and...
View ArticlePPC Zim remits US$11,3m dividend to SA parent group
PPC Zimbabwe remitted R203 million (US$11,3 million) dividend to its South African parent group following strong volume performance in the full year to March 31, 2024.
View ArticleEast Africa tops Africa’s indebtedness list: Report
Africa’s loans in default climbed to a record US$149,4 billion in 2022, the highest in three decades, as the rising cost of borrowing contributed to delayed repayments. Many countries on the continent...
View ArticlePlatinum output seen remaining stable
Tapiwanashe Mangwiro Senior Business Reporter Zimbabwe’s platinum production is forecast to remain stable throughout 2024, according to the World Platinum Investment Council (WPIC)’s 2024...
View ArticleNigeria’s financial sector grows despite struggles
The Nigerian government recently disclosed that its financial sector experienced significant growth. This is despite the fact that Nigeria has been faced some of its worse economic hits in form of its...
View ArticleFutures dip after Harris-Trump debate
US stock index futures dipped on Wednesday, with investors pricing in greater odds of Democrat Kamala Harris prevailing in the upcoming presidential elections, while focus moved to a key inflation...
View ArticleCapital gains tax clearance certificate
Godknows Hofisi Introduction During the transfer of immovable property from the seller to the purchaser a number of documents are required by the Deeds office. These are include on the list below:...
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