By Simbarashe Hamudi THE Zimbabwe Revenue Authority (Zimra) has continued to sharpen its focus on how businesses report cross-border dealings and related-party transactions, underscoring the central role of transfer pricing…
BRICKMAKER Willdale reduced its local procurement by 6,5 percent in 2025 as it adopted green purchasing practices aimed at lowering the environmental impact of its supply chain. The company spent US$2,07 million on 149 local suppliers in 2025, down from US$2,2 million on 595 suppliers in 2024, reflecting a deliberate shift toward fewer, sustainability-compliant partners.…
By Memory Nguwi MOST people who work in human resources have heard of the Paterson Job Evaluation System. Far fewer have heard of Castellion. That is surprising, because the Castellion…
THE government has moved to reduce the cost of doing business by cutting licences, permits, levies and fees across key sectors of the economy, including financial services, manufacturing and health. The reforms are expected to ease operational costs for businesses and improve compliance by simplifying regulatory processes. Addressing a post-Cabinet media briefing in Harare last…
By Ntando Thukwana, Bloomberg The Iran war has clouded the outlook for the South African economy, which had entered its longest period of economic expansion since 2018, the country’s central bank…
AFRICAN Banking Corporation (BancABC) reported a profit after tax of ZiG193,9 million for the year ended December 31, 2025, rebounding from a ZiG474,5 million loss in the prior year, driven by higher transactional volumes and diversification efforts. The bank embarked on a robust customer acquisition and market expansion drive underpinned by improved service accessibility through…
FBC Holdings (FBC) posted a US$30.4 million profit for the year ended December 31, 2025, up 70 percent from US$17.9 million in 2024, attributable mainly to growth in non-interest income. The diversified financial services group’s topline was also bolstered by a positive insurance service result of US$4,15 million, overturning the previous year’s loss position of…
The vast data centers that power artificial intelligence guzzle huge amounts of energy but they also have another alarming impact, according to new research. They are creating “heat islands,” warming…
SUCCESSBANK posted a 51,5 percent increase in profit after tax of ZiG29,97 million for the year ended December 31, 2025, from ZiG19,78 million the previous year, mainly supported by the expansion of the lending book. The deposit-taking micro-lender capitalised on demand for credit across the market to execute its aggressive lending activities. Net interest income…
By Hein Kaiser, The Citizen South African Airways (SAA) received a quiet government bailout of more than R1 billion in the 2024-25 financial year, contributing to its healthy profit announcement. The…
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