Nigeria’s Senate passes law tightening money laundering rules

Nigeria’s Senate passed a bill that will amend money laundering regulations, including making it mandatory for lenders to report suspicious transactions. The Money Laundering Prevention and Prohibition Act 2022 requires…

Caledonia mining in record production at Blanket mine

Nelson Gahadza Victoria Falls Stock Exchange (VFEX) listed counter, Caledonia Mining Corporation, says it continues to evaluate further investment opportunities in Zimbabwe’s gold sector to transform the company into a…

Of market corrections and bear markets

Kudzanai Sharara Taking Stock  On February 18, 2022 the Zimbabwe Stock Exchanges All Share Index reached an all-time high of 15 228,52. This was after the market had gone through…

Cambria Africa aims to achieve full value for its assets

Nelson Gahadza Zimbabwe-focused investment firm, Cambria Africa (Cambria), says it believes its shares are currently trading at a discount of at least 67 percent on the London Stock Exchange (LSE)…

Brands and cancel culture

Goya Foods, a Hispanic owned food company faced backlash after its CEO said Mr Trump’s leadership was a blessing. The company faced a backlash on social media for its support…

FC Barcelona: A US$307m deal with spotify

FC Barcelona has been struggling financially. The Catalan club is more than US$1,5 billion in debt, and they lost over US$530 million last year alone. They were forced to let…

Seven laws for business growth

Arthur Marara Part 1 The desire for every serious business leader is to see the business grow. Growth is not accidental, it is a function of choices that have to…

Tiger Woods hoping to play in 2023 Masters

PEOPLE — More than a year after his serious car accident, the golfer is on the road to recovery — and has a goal for his future, a source tells…

Cricket SA names permanent CEO

Daily Maverick — On Wednesday, Cricket South Africa finally named a new CEO, while SA Rugby made a strong defence for the continued employment of its chief executive. It was…

South Africa Rugby explains Roux situation

Unlike CSA, SA Rugby (Saru) has been a superbly run organisation for years under CEO Jurie Roux. But after losing a separate legal battle and being ordered to pay damages…

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