adminTough year dampens starafrica’s profitability
Sugar processor, starafricacorporation navigated a challenging economic landscape during the financial year 2024 (FY24), reporting depressed sugar volumes and operating profit despite a rise in total turnover.
Kenya to ink 19 deals with the Middle East
Kenya is reportedly on the verge of closing 19 Memorandums of Understanding with several Middle Eastern countries.
Tax breaks can lure FDI into tobacco value chain
Zimbabwe could attract significant investment in tobacco value addition by offering tax breaks and simplifying the export process, an industry expert has said.
ArcelorMittal SA long-steel unit to boost economy
ArcelorMittal South Africa’s decision to continue operating its long-steel unit has given the country an opportunity to re-energise local manufacturing, Manufacturing Circle executive director Philippa Rodseth said.
Using experts in disputes over valuation of businesses, shares
Disputes over the valuation of businesses or shares are common and will not go away for as long as the business is done and money is to be made.
Pension revamp boosts SA retirements, Alexforbes says
South Africa’s plan to allow savers early access to part of their pension funds will enable significantly better outcomes for retirees than what the current system does, Alexander Forbes Group Holdings said.
THREE PRIMARY SCHOOLS FOR SADC DEBATE
THREE local primary schools have been invited to the Southern African Development Community (SADC) debate competitions in Mozambique.
Nigeria to scrap duty on some food imports
Nigeria announced a series of measures to curb food inflation that’s rising at its fastest pace in three decades in a country where almost half of its more than 200 million people live in extreme poverty.
Fastjet increases domestic flights
FASTJET Zimbabwe has increased the frequency of its Harare-Bulawayo and Victoria Falls flights in response to growing demand.
Cde Sibhula declared liberation war heroine
President Mnangagwa has conferred liberation heroine status on Kariba Councillor (women’s quota) and war veteran Cde Sithembiso Tendai Sibanda, better known as Cde Sibhula.