Unpacking the latest tax hikes in South Africa
By Muneer Hassan |South Africa’s 2018 budget seemed to be all about tax hikes. The most significant was the first increase in Value Added Tax (VAT) since 1993 from 14%…
Secretive U.S. security panel discussing Broadcom’s Qualcomm bid – sources
WASHINGTON – A national security panel that can stop mergers that could harm U.S. security has begun looking at Singapore-based chipmaker Broadcom Ltd’s plan to take over rival Qualcomm Inc,…
PPC to restructure board
Tawanda Musarurwa HARARE – Listed cement producer PPC Zimbabwe (whose parent firm is based in South Africa) has announced that it is looking restructure its board, in a bid to…
ED marks first 100 days in office
HARARE – President Emmerson Mnangagwa says Zimbabwe has begun making sturdy progress towards economic revival, but appealed for patience while the government works on fulfilling its promises.
Cresta appoints Chipo Mandela as country director for Zim
BH24 Reporter HARARE – Southern African hospitality group Cresta Hotels has appointed Chipo Mandela as country director for its Zimbabwean operations.
RTG gets positive response on rights offer, debentures
Tawanda Musarurwa HARARE – Rainbow Tourism Group (RTG) has announced that its rights and debenture offer aimed at raising $22, 5 million received a 57 percent subscription. The offers sought to…
Pensions inquiry complete, report with the President – IPEC
HARARE – Pensioners and insurance holders who lost their benefits during conversion from the defunct Zimbabwean dollar to the United States dollar in 2009 by insurance companies are guaranteed compensation…
Global stocks firm, dollar dips before big week for central banks
LONDON – Global stocks notched further gains on Monday and the dollar stayed on the back foot, as investors bet the new head of the U.S. Federal Reserve will steer…
Rand steady at three-year high ahead of busy week
The rand was stable against major global currencies shortly before midday on Monday, amid risk-on global trade and continued positive sentiment towards SA.
All Share Index opens week on the red
HARARE – The ZSE’s All Share index opened the week lower at 87.85 after losing 0.44 points as SeedCo came off $0, 0492 to close at $1, 9008 and AFDIS…










