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Rand Poised To Surge If Zuma Loses Secret No-Confidence Ballot

Johannesburg - The rand could surge if President Jacob Zuma is ousted by a motion of no confidence in the National Assembly, though gains would ... Full story

Dangote Drops In World Rankings But Stays Africa's Richest

Africa’s richest man, Nigerian Aliko Dangote has dropped to 105th on the 2017 Forbe’s real-time billionaires’ ranking, but maintains the lead in Africa. Dangote, who was ... Full story

100 Nigerian Engineers Sacked in Etisalat Crisis

Crisis plagued telco 9Mobile (previously known as Etisalat Nigeria) is embroiled in yet another controversy as one of its key strategic partners, Huawei Technology, sacked over 100 ... Full story

Companies Retrench 160 More

EIGHT companies registered their agreements to lay-off workers with the Retrenchment Board earlier this month, affecting at least 160 employees, businessdigest has learnt. This adds to ... Full story

Zim Businesses Feel The Pinch Of Cash Shortages - Poll

Harare - Cash challenges have had a significant impact on Zimbabwean businesses, a KPMG poll found. This comes as cash circulation in the formal sector ... Full story

SA Plans Massive Chicken Cull As Bird Flu Is Reported

JOHANNESBURG – A second case of avian influenza was reported on a layer farm in Val, Standerton, in Mpumalanga, the Department of Agriculture, Forestry and ... Full story

World Bank Speaks On Zim's Cash Crisis

Harare - Fiscal imbalances combined with a large volume of domestic debt are at the core of Zimbabwe’s ongoing cash shortages, the World Bank said. ... Full story

Zimbabwe's Domestic Debt Hit $4bn In Q1 Of 2017

Zimbabwe’s domestic debt rose 40 percent to $4 billion during the year to March while the budget deficit was $230 million in the first quarter ... Full story

Zim Poultry Producers Burdened By VAT On Inputs, Capital Investment

THE Zimbabwe Revenue Authority (ZIMRA) has instructed chicken abattoirs to pay 15 percent value-added-tax (VAT) on all inputs, including capital investments used in broiler production, post ... Full story

Eskom Threatens Zim Power Cuts Over Debt

Cape Town – Eskom has threatened cutting power to Zimbabwe in June if its power utility Zesa does not clear its debt arrears of over ... Full story

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