Budget forcing all to register with Zimra
The 2025 National Budget makes a serious assault on the informal sector and its avoidance of taxes through some crippling presumptive taxes, US$3 000 a month for a tuck shop…
Turnaround at South African Airways has banks keen to lend
South Africa’s state airline is being approached by banks keen to discuss lending the carrier money, aided by a turnaround in the company’s finances, interim chief executive officer John Lamola…
Brics+ countries are determined to trade in their own currencies
Brics+ countries are exploring how they can foster greater use of local currencies in their trade instead of relying on a handful of major currencies, primarily the US dollar and…
Nigeria raises interest rates again to curb surging inflation
The Central Bank of Nigeria raised interest rates for the sixth straight time this year, intensifying its quest to curb surging inflation and support the battered naira. Governor Olayemi Cardoso…
The rise of ‘mbingas’, the cost of wealth outside the GDP
Timothy Pemba In today’s Zimbabwean society, the pursuit of wealth has taken centre stage, driven by a culture that increasingly glorifies opulence. This obsession with affluence has given rise to…
Coffee prices surge to highest since 1997
Coffee futures in New York climbed to the highest since 1997 on worries about crops in top growers, threatening to further raise costs for roasters and consumers. Arabica, the high-end…
IMF supports S. Africa adopting lower inflation target
South Africa would gain significant economic benefits by adopting a lower inflation target though the process should be carefully managed, according to the International Monetary Fund. “Shifting from the current…
Should I say it? The social media conundrum of speak or hold your peace
Tariro Manamike We have all been there. You are scrolling through your feed, minding your business, when bam — a post pops up that makes your blood boil. Maybe it…
‘No negotiations on possible new IMF loan programme’
Angola said there are currently no negotiations taking place with the International Monetary Fund about a possible new financial-assistance programme. “As part of the preparation of medium-term fiscal projections, the…
Rich countries provide no haven from climate doom
As sovereign debt investors concerned about climate change scrutinise national responses to rising global temperatures, they’re increasingly finding that wealthier nations aren’t doing their part to help address global warming.…











