Why changes to South Africa’s labour laws are an assault on workers’ rights

By Carin Runciman The biggest changes to South Africa’s labour laws since 1995, shortly after the country’s first democratic elections, are currently being considered by parliament. If passed into law,…

Asia stocks build on record high, Yen strengthens

Asian equities built on the best start to a year since 2006 as Japanese traders returned from a holiday following new all-time highs for U.S. shares. The yen climbed in an…

Rand range-bound as dollar comeback stalls

The rand was range-bound in early morning trade on Tuesday after starting the week on a quiet note.

Mozambique introduces measures to curb public officials expenses

MAPUTO – The Mozambican government has  stopped paying housing rentals and selling official vehicles to state  officials, who receive a subsidy equivalent to 30 percent of their basic  monthly salary,…

Parly lauds Auditor General re-appointment, says a “clean” government a must

HARARE – Speaker of the National Assembly,  Advocate Jacob Mudenda said on Monday Parliament was firmly behind the  re-appointment of Auditor General Mildred Chari as her office was  critical in…

Who owns Telecel?. . . Makamba sold 40pc but calling shots . . . . Squabbles with other empowerment groups escalate

Golden Sibanda Confusion is reigning supreme over the exact ownership structure of Telecel Zimbabwe, following the exit of Vimpelcom, the former controlling shareholder, last year. This comes amid indications that…

Treasury to close $1bn RBZ overdraft in 3 months . . . . Fears budget overruns driving inflation . . .Treasury Bills to be rolled over on maturity

Golden Sibanda Treasury is targeting to close its over $1 billion overdraft position with the Reserve Bank of Zimbabwe within the next 100 days, as the Ministry of Finance and…

Five cryptocurrencies to lookout for in 2018

Jeffrey Gogo In Zimbabwe things financial tend to catch-on rather slowly. But when they do, they do so with a bang. And then as quickly as they emerged, die out…

Van Hoog still needs Stalap to grow CFI . . .Stalap shareholding block too significant to ignore

Happiness Zengeni Any strategic thrust that CFI Holdings will take would need to include Stalap Investments, who hold a significant shareholding block of close to 42 percent. This is despite…

Govt won’t cancel Dangote licence

Africa Moyo Government will not cancel Aliko Dangote’s investment licence but will wait to hear from the firm, which reportedly remains keen to investing in Zimbabwe.

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