Industry support

Given that gambling poses a social risk, Museveni’s ban should have received unqualified support. But it hasn’t. Major online gambling proponents such as the American Gaming Association, the Professional Golfers…

A global problem

Almost all Muslim majority countries ban gambling on religious grounds. The United Arab Emirates, Kuwait, Jordan, Lebanon, Brunei, Somalia, Sudan, Egypt, Indonesia, Qatar, and Lebanon all have an official ban…

But can a case really be made for a gambling-free society?

Assessing the impact of gambling in countries on the continent is hard because the industry remains under-researched and heavily polarised. And it’s also difficult for countries to come up with…

Uganda’s ban on sports betting was the right thing to do

Victor Odundo Owuor Uganda’s President Yoweri Museveni has ordered that no new licenses can be issued for established sports betting, gaming, and gambling companies. In addition, permits issued to existing…

China says U.S. report on its WTO compliance lacks factual basis

BEIJING – China opposes a report by the U.S. Trade Representative’s office on its World Trade Organization (WTO) compliance, the commerce ministry said, saying it is inconsistent with the facts.

South African business confidence index falls in January

JOHANNESBURG – South Africa’s business confidence was stable in January, with investors seeing progress in the economic and political reform as stalling while activity in the real economy remained sluggish,…

Untu loses AGF bond guarantee

HARARE – The African Guarantee Fund (AGF) has put on hold the cover it was providing for a $5 million bond  issued by Untu Capital in late 2017 after the…

New acting ZTA chief executive appointed

HARARE – Environment, Tourism and Hospitality Industry Minister, Priscah Mupfumira on Wednesday appointed Rita Likukuma as the new acting chief executive of the Zimbabwe Tourism  Authority (ZTA).

Capacity utilization to dip in 2019: CZI

Michael Tome HARARE – Zimbabwe’s industry representative body, Confederation of Zimbabwe Industries (CZI) is expecting capacity utilisation in the manufacturing sector to decline this year from 48 percent recorded in…

Opening up trade

The EU-Japan economic agreement will ultimately remove 97% of the tariffs that Japan applies to European goods and 99% of those applied by the EU. It is estimated that EU…

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