The ramifications of Tongaat Hulett’s balance sheet fraud, allegedly carried out by former chief executive Peter Straude and other managers, have been on full display this year. While the issue has be
Dec 12, 2022
Zimbabwe earned US$16.2 billion in foreign currency receipts in 2025, up from US$13.3 billion in 2024, according to the latest foreign exchange update from the Reserve Bank of Zimbabwe (RBZ), with the
Zimbabwe's gold production reached a historic milestone in 2025, with a total output of 46.7 tonnes. This figure exceeded the government's target of 40 tonnes and Fidelity's projection of 45 tonnes, w
Standard Chartered ,a British multinational bank focused on Asia, Africa, and the Middle East, providing corporate, investment, and wealth management banking has exited Botswana to reassess risk, sca
The U.S. Embassy has expanded its visa bond policy to include Zimbabwe among 38 targeted countries, effectively tightening access to the United States and imposing steep new financial hurdles for Zimb
Zimbabwe, has introduced a 15% withholding tax on offshore digital goods and services, marking a bold and aggressive step in modernising its tax framework to capture revenue from the burgeoning digita
Hippo Valley Estates Limited, Zimbabwe's dominant sugar producer commanding a 50.2% local market share and 49.8% of exports, finds its expansion ambitions severely hampered by the chronic inefficienci
South Africa's maize prices have declined more than 30% year-on-year, fueled by a robust harvest that has generated substantial surpluses for both local consumption and regional exports.
First Capital Bank Limited has received exchange control approval for the US$30 million disposal of Makasa Sun (Private) Limited (Formerly The Kingdom Hotel) and is now awaiting the remaining regulato
