Google’s search dominance deserves hot-seat scrutiny
On Wednesday, and for the first time as a group, the CEOs of four of the biggest technology companies — Amazon.com, Apple and Facebook and Google parent Alphabet — went before a US House subcommittee to address allegations of monopolistic practices and abusing the power of their platforms to crush or stifle competitors.
SA media sector hard-hit
The current nosedive in economic activity in South Africa has hit many sectors with a sledgehammer. One of these is the media sector.
Tennis academy ready to resume training
Innocent Kurira, Sports Reporter TOMASIK Tennis Academy has declared its readiness to resume training once it gets an official clearance. The club conducts its business at the Emakhandeni tennis courts…
F1 slammed over swelling tobacco advertising
Tobacco giants have spent billions on advertising with Formula One teams over the years, and are again swelling their spending despite a supposed ban, industry monitors said Wednesday.
Bourse on weak path
Harare Bureau Selling pressure continued on the Zimbabwe Stock Exchange (ZSE) in the first three days after reopening driving all indices into negative territory. The ZSE resumed trading on Monday…
Shoprite exits Nigeria: Is the market impenetrable?
“Nigeria is a largely informal market and there are a lot of businesses that have gone there and thought it is a good opportunity to consolidate and introduce some formalisation because that has worked in SA, but that does not work in countries outside of SA.”
Cultural ‘faux pax’ in business
Sunday the second of August 2020, was a very special day. I decided to “deisolate” and venture out a little and restock groceries. Off I went to Spar Groombridge, where I treated myself to that long forgotten, now very expensive chocolate cake. It was while I was standing outside the shop, waiting for my friends to come and pick me up when the “drama” unfolded.
Claiming input tax
Section 2 of the Value Added Tax Act (Chapter 23:12) defines input tax as the tax incurred by the registered operator on the supply of any goods or services, on the importation of goods or an amount equal to the tax fraction, at the time the supply is made or deemed to have taken place, based on the lesser of any consideration in money given by the registered operator for or the open market value of the supply. Input tax may be deducted by the recipient where such goods or services are acquired by the recipient who is a registered operator for the purposes of making taxable supplies.
Seacom doubles fibre optic network
Seacom Ltd. will more than double the capacity on its fibre optic network by the end of August as demand for broadband grows across Africa.




