adminDaggers drawn as Airlink, Safair square off
South Africa’s fractured airspace is set for more upheaval as dominant operators — Airlink and Global Airways Operations — which co-own the domestic airline, Lift, square off with Safair Operations, the owner of FlySafair, over alleged 74 percent foreign ownership.
Dairy firms partner for carton recycling initiative
Local dairy processing companies have signed a pact that will see them partner to recycle carton packages.
Ministry incorporates insurance training for MSMEs
The Ministry of Women Affairs, Community, Small and Medium Enterprises Development has started incorporating insurance matters into training programmes for micro, small, and medium enterprises (MSMEs).
South African banks caught in UK’s sweeping auto finance probe
Investec has set aside funds to pay for possible compensation and other costs linked to its car finance business in the UK as regulators continue with an industrywide probe into whether such loans were sold in a way that treated customers fairly.
Unilever to separate ice cream unit, cut jobs
Unilever plans to separate its ice cream business that includes brands such as Ben & Jerry’s and Magnum as chief executive officer Hein Schumacher streamlines the UK consumer-goods giant by cutting 7 500 jobs.
SA inflation rate at four-month high
South Africa’s inflation rate climbed to a four-month high, likely cementing the central bank’s resolve to keep borrowing costs on hold when it meets next week.
Water shortages bite cabbage farmers
Fildah Gwati The El Nino-induced drought that hit the country this season has hounded many farmers out of cabbage production causing depressed supplies of the commodity against a rising demand…
JSE finally sees its IPO crisis easing
THE Johannesburg Stock Exchange, is slowly turning the tide from a wave of delistings to companies once again considering initial public offerings.
Green building certification imperatives for Zim
THE global consciousness towards sustainable development has spurred significant transformation across various industries, with the real estate sector not an exception.
New special capital gains tax on mining title
Due to the importance of mining in Zimbabwe in this article I look at the special capital gains tax (special CGT) on the transfer of mining title that was introduced through the Finance Act No. 13 of 2023 which amended the Capital Gains Tax Act (Chapter 23:01) effective January 1, 2024.