Platinum group metals miner Zimplats just took a big hit, reporting a 96% nosedive in profit after tax—down to a mere $8.22 million for the […]
South Africa’s State Owned Enterprises Shake-Up
President Cyril Ramaphosa is shaking things up, giving South Africa’s state-owned enterprises (SOEs) a major makeover. On Monday, he switched up the management game by […]
Mike Lynch, another billionaire lost in the waters
A luxury yacht sunk off Sicily, claiming the lives of British tycoon Mike Lynch and six others. Italian authorities are on the case. Imagine this, […]
Mutapa Investment Fund Hits India: Unlocking Billions for Zimbabwe?
The Mutapa Investment Fund (MIF) is on a mission to shake things up, and their latest stop is India. The goal is to secure game-changing […]
TIMB Execs Cleared of $2M Corruption Charges
In a plot twist fit for a courtroom drama, charges against former Tobacco Industry and Marketing Board (TIMB) CEO Meanwell Gudu and two others have […]
Ride Wars: Fake Orders Surge Between Nigerians and South Africans on Bolt and Uber
The clash between Nigerians and South Africans has found a new stage—ride-hailing apps. Recent incidents involving fake ride requests sent to Nigerian drivers have spotlighted […]
Many Zimbos are buying subpar fuel, crackdown by ZERA reveals
The Zimbabwe Energy Regulatory Authority (ZERA) has cracked down on sites selling subpar fuel in the first half of 2024. Thirteen out of 155 fuel […]
Private Schools in South Africa: Big Bucks and Bigger Challenges
In South Africa, private schools are making waves and the CEOs at the helm are cashing in big time. As parents seek better education alternatives […]
Tough times for Cross Trainer as it enters into Corporate Rescue
Cross Trainer, the popular sports retailer, is now in business rescue mode. They’ve been hit hard by cash-flow issues since the pandemic, struggling to keep […]
Johann Rupert tops the Africa Rich List
Guess who’s back on top? Johann Rupert, the South African billionaire who’s once again snagged the title of Africa’s richest man. If you’re keeping score, […]