Conundrum in SA tax law interpretation
The Constitutional Court has decided not to have the final say on the meaning of the crucial string of words — “bona fide inadvertent error” — even though the correct interpretation is of public...
View ArticleSteward Bank unveils innovative Omni Channel banking platform
Steward Bank, a pioneer and leader in digital banking, has launched a new and innovative Omni Channel platform, which is poised to transform the country’s digital banking landscape.
View ArticleDairibord has no plans to exit Zim
Dairibord Holdings says it remains strongly committed to its Zimbabwean origins and has no plans to divest from the country where it has invested heavily and has enjoyed a long history of success.
View ArticleZMX can address agric funding gap
The Zimbabwe Mercantile Exchange (ZMX) says it has opened up the agricultural financing space to the private sector, which should utilise the exchange to address perennial funding issues in agriculture...
View ArticleCourt rules no refunds for duped SA Ponzi investors
Five “participants or victims” in an illegal Ponzi scheme unsuccessfully attempted to have their investments returned to them from funds in three bank accounts of the alleged orchestrator of the...
View ArticleSA says fuel prices should be 30pc lower
Mineral and Petroleum Resources Minister Gwede Mantashe told the Africa Oil Week conference in Cape Town this week that fuel prices should be R14 a litre instead of R20 and discussions are taking place...
View ArticleNigeria to get four new oil refineries from Korea
In a move to bolster its dilapidated oil production infrastructure Nigeria is looking to partner with South Korea to build several oil refineries across the country. For decades now, the country has...
View ArticleDiaspora policy review completion this year
Oliver Kazunga, Senior Business Reporter THE Government will finalise the review of the National Diaspora Policy this year to align it with targets under the National Development Strategy (NDS) 1, a...
View ArticleDeadly impact of plastic ingestion on goats, sheep
Sheuneni Kurasha, Farmer’s Diary The use of plastic across various aspects of life and sectors has undoubtedly increased, revolutionising many industries and offering convenient, durable solutions for...
View ArticleZHL confident group primed for profitability
Francis Gakanje ZIMRE Holdings Limited (ZHL) is confident that the measures it has put in place to support operations will guarantee relevance and profitability across its diverse markets. The group,...
View ArticleZimTrade exporters conference preps advanced
Business Reporter TRADE development and promotion body, ZimTrade, says preparations for this year’s edition of the annual exporters’ week have reached an advanced stage. The premier event aims to...
View ArticleLithium concentrate output increases 16 percent
Oliver Kazunga, Senior Business Reporter ZIMBABWE’S lithium concentrate output grew by 16 percent to 132 196 tonnes in the second quarter of this year, driven by an increase in producers. According to...
View ArticleSugarcane growers get bigger share of revenue
Business Reporter The share of revenue for sugarcane farmers in the Lowveld has been increased from 77 percent to 80,5 percent following a review to resolve a prolonged dispute with Tongaat Huletts...
View ArticleChina launches 500 billion yuan swap facility
The People’s Bank of China (PBC), the central bank, announced on Thursday the launch of a 500 billion yuan (US$70,61 billion) swap facility that allows eligible financial institutions to use assets as...
View ArticleIMF negotiations for Kenyan loan in final stages
Despite Kenya’s efforts to lower its debt burden, the government seems to be in need of more loans. As a result, the East African country is looking ahead to further lending from the International...
View ArticleAfrica losing over US$300bn in illicit financial flows
Tax experts say a weakness in the definition of illicit financial flows is helping looters make away with money from Africa, weakening its growth. Now, they want that definition expanded to include tax...
View ArticleGovt land tenure policy receives plaudits
Business Reporter A NEW policy on land tenure has sparked optimism about the potential avenues to address Zimbabwe’s longstanding land shortage through strategic partnerships between the Government and...
View ArticleWestProp revenue surges 77pc to US$14m
Business Reporter WestProp Holdings revenue for the half-year period to June 30, 2024, grew by 77 percent to US$14 million in 2024 driven by strong performance across the group’s various projects....
View Article‘Zim can exploit AfCFTA automotive opportunities’
Michael Tome, Business Reporter ZIMBABWE is well positioned to exploit opportunities in Africa’s automotive industry, taking advantage of favourable trade terms established under the African...
View ArticleSA power-line rollout to spur bond-market revival
A multi-billion-dollar plan to expand South Africa’s electricity transmission network may throw a lifeline to the country’s corporate bond market as it struggles to recover from a post-pandemic slump....
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