IN today’s data-driven business world, measuring employee performance accurately and fairly is more crucial than ever. Organisations often grapple with the choice between subjective measures, such as manager ratings, and objective measures, like sales figures or output metrics. But which approach yields the most accurate picture of an employee’s true performance? A closer look at…
AS the world becomes increasingly connected through technology, the digital divide — the gap between those with access to technology and those without — has emerged as a key obstacle to economic growth and development. In African countries, the digital divide is not just a matter of who has access to the internet or mobile…
ABOUT 3 000 years ago Jeremiah wrote a letter and asked that it be delivered to every leader of the Jewish Diaspora in Babylon.In it, he instructed the Jews in exile to make the best of what they had, to settle down and plant. Sometimes I feel just like those leaders in exile, living amongst…
ZIMBABWE teeters on the brink of an economic crisis, with the retail sector struggling and alarm bells ringing across the broader economy.The challenges facing businesses are mounting, fuelled by a severe liquidity crunch, exorbitant interest rates, and a fragile dual-currency system.As the Reserve Bank of Zimbabwe (RBZ) prepares its monetary policy statement, decisive and coordinated…
AS THE United States sees a shift in administration this week, Zimbabwe finds itself at a pivotal juncture to redefine its diplomatic relationship with Washington.This change presents an invaluable opportunity for Harare to revisit its long-standing issues with the United States, including the contentious Zimbabwe Democracy and Economic Recovery Act (Zidera) and other points of…
AS we navigate the complex landscape of public relations, there are two twins in the business world that often cause friction: Marketing and advertising. But what if I told you that these two ‘cousins’ are not just separate entities, but rather interconnected parts of a larger family that works together to build a brand that…
THE struggles of Zimbabwe’s formal retail sector are more than just a tale of declining sales and closures, they are a harbinger of deeper economic troubles if systemic issues, particularly currency instability, are not addressed.The plight of major retailers like TM Pick n Pay, OK Zimbabwe, and FoodWorld, as detailed in our page 3 story…
TWO weeks ago, I argued that Africa needs impactful digital solutions more than humanoid robots. While much of the global focus is on humanoid robots, which are machines designed to resemble human beings in both form and function, Africa’s immediate needs require practical, scalable digital solutions that address the continent’s most pressing challenges. As Africa…
ZIMBABWE’S transfer pricing rules are contained in sections 98A and 98B of the Income Tax Act (ITA). The rules came into force retrospectively as of January 1, 2014, because of an amendment to Act promulgated in April 2014. The Income Tax Act was further amended, effective January 1, 2016, to clarify the transfer pricing legislation…
IN an era where technology continuously reshapes industries, the field of auditing is undergoing a transformative evolution. Traditional audits, often characterised by their retroactive nature and considerable time lag, are giving way to a more proactive and efficient approach known as predictive auditing. This shift not only enhances the speed and accuracy of audits but…
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