THE country’s trade in goods shifted to a US$7 million surplus in August 2025, marking a significant turnaround from the US$10,2 million deficit recorded in July, latest data shows. According …
finance
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International News
Nigeria to triple capital gains tax for foreign equity investors
by Staff Writerby Staff WriterNigeria is tripling capital gains tax for foreign equity investors, raising concerns that the move may trigger a sell-off in the West African nation’s stock market, which is up almost …
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International News
Bitcoin life insurance provider meanwhile raises $82m
by Staff Writerby Staff WriterApollo, Northwestern Mutual, Pantera Capital and Stillmark are joining Bain Capital and crypto investor Haun Ventures to back the Bitcoin life insurance firm Meanwhile in a $82 million funding round. …
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South Africa’s finance minister touted Johnstone Makhubu to take over as commissioner of the nation’s tax agency, according to a person familiar with the matter. The support makes Makhubu a …
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International News
Eskom’s biggest union demands 15% increase ahead of wage talks
by Staff Writerby Staff WriterThe biggest union at South Africa’s Eskom is demanding a wage increase of as much as 15% ahead of negotiations that are set to begin. The National Union of Mineworkers, …
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South Africa’s potato market is experiencing a severe downturn as farmers contend with dwindling returns and prices that are now well below cost. The collapse comes on the back of …
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AUTHORITIES say they are going to engage with the banking sector to review bank charges in order to encourage people to use banking services. This comes as Cabinet has approved …
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THE country’s broad money (M3) stock stood at ZiG96,18 billion in July this year, a decline of 1,18 percent from ZiG97,33 billion recorded in June 2025 according to the Reserve …
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Lithium production in the country increased by 73,9 percent to 623.356mt in the second quarter of 2025, the Zimbabwe Statistics Agency (ZimStat) latest data has revealed.In its second quarter of …
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International News
Africa’s automotive future: A strategic imperative
by Staff Writerby Staff WriterWITH the automotive landscape changing because of the evolving technology and investment into more product research, there is need for strategy and below Mike Whitfield, Managing Director, Stellantis South Africa …