Nigerian stocks suffer biggest drop in 15 years on tax concerns
Nigerian stocks tumbled the most in 15 years as foreign investors rushed to sell ahead of a new tax regime set to triple capital gains taxes. The NGX All-Share Index…
Nigerian stocks tumbled the most in 15 years as foreign investors rushed to sell ahead of a new tax regime set to triple capital gains taxes. The NGX All-Share Index…
IT IS now all systems go for the introduction of new and higher ZiG denominations, as authorities also work to enhance both the supply and quality of notes of the local currency in the economy. So says Finance minister Mthuli Ncube, who adds that the upcoming 2026 National Budget will seek to transform the economy…
THIS year’s edition of the Top Companies Survey Awards is setting the tone for enhanced corporate innovation, emphasising the crucial role of artificial intelligence (AI) in shaping Zimbabwe’s economic future.…
By Andrew Benson, F1 Correspondent Toto Wolff is in advanced talks to sell part of his shareholding in the Mercedes Formula 1 team. The deal values Mercedes at £4.6bn –…
SOUTH Africa’s Liquid Cloud and Cyber chief executive officer, Oswald Jumira, is set to be the keynote speaker at the prestigious Top Companies Survey 2025 in Harare this Friday. First launched in 1980, the annual business event, courtesy of the Financial Gazette and financial services giant Old Mutual Zimbabwe, is a key fixture on Zimbabwe’s…
ZIMBABWE urgently requires 40 000 more tractors and 200 harvesters to modernise agriculture and boost food security. Deputy minister of Agriculture Vangelis Haritatos said the government’s urgent push to close a yawning mechanisation gap contributes to untimely planting, delayed harvesting, and significant post-harvest losses. “We have just over 16 000 functional tractors in Zimbabwe, but…
NEW government reforms aimed at lowering business costs and stabilising the economy are set to be rolled out this week. Speaking to the Daily News on the sidelines of a recent pre-budget seminar in Bulawayo, Finance minister Mthuli Ncube said the government was ready to turn its promises into action. “To make sure our plans…
FOR small and medium-sized enterprises (SMEs), setting up shop is an exciting time. But with the complexities of building a business, hiring staff, and forming relationships with clients and vendors,…
LOCAL companies are ramping up capital expenditure (capex) programmes, aiming to expand their operations and grow market share despite a challenging business operating environment. The local industry has shown signs of resilience in a market characterised by high inflation, tight monetary liquidity, uneven competition from cheap imports, excess taxes, and high costs of credit, among…
THE Mine Ventilation Society of Zimbabwe has called on authorities to introduce new ventilation and occupational hygiene regulations that reflect modern mining conditions. Speaking at the Society’s Symposium and Annual General Meeting in Bulawayo, Mine Ventilation Society of Zimbabwe president, Tonderai Chikande, said ventilation is no longer a background function but the “bloodstream of any…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More