Old Mutual Profit Fell By 67%
Old Mutual headline earnings fell by 67% from 5.2 Billion to R1. 7 Billion for the six months to June 2020.
The insurance giant was...
Three Zimbabwe Billionaires Are Behind Fake Abductions
Terence Simbi, Author of the book, Zimbabwe : Installing a true democratic state, has sensationally revealed that there are three Zimbabwe Billionaires who are...
Makamba Busha In trouble over Failed R500 Million Bushiri And Kamushinda Investments
Zimbabwe 2018 Presidential candidate and financial services manager, Makamba Busha, has fallen into hard times after his investments on behalf of various South African...
Kuda Musasiwa to Intensify his Philanthropic Work
Social media personality and entrepreneur Kuda Musasiwa says he is looking forward to formalise his drive to raise funds for underprivileged students failing to...
Billionaire Patrice Motsepe Buys 25% Sanlam Asset Managment Shares
South African Billionaire, Patrice Motsepe, is set to be the biggest beneficiary of the Sanlam Asset Management Black Economic Empowerment deal which was announced ...
Sasol reports loss of Over R91 billion
South Africa's Petrol Chemicals giant Sasol Ltd. has reported a R91-billion loss, as it closed a turbulent year in June.
Speaking to Business Day tv,...
Why Most Zimbabweans In The UK Are Broke
Phrankleen YouTube Channel speaks about why Zimbabweans in the UK are broke and struggling. A lot of Zimbabweans want to leave the Diaspora, but...
Gambakwe Media Revenues Grow 5 times Under Lockdown
Every month, I try to give an update on the business side of Gambakwe Media. This is because in Zimbabwe, there is often confusion...
Hard Hit South Africans Lose Houses and Cars To Banks
The economic crisis in South Africa has hit citizens hard, with ABSA bank confirming that a big number of South Africans are losing their...
PANIC As Strive Masiyiwa ‘s Liquid Telecoms Begins Retrenchment Process
TechCentral reports that Strive Masiyiwa 's Liquid Telecoms has started the process of retrenching employees.
The section 189 retrenchment process will result in a big...
South Africa New Car Sales Plunge by 40%
Latest numbers have revealed that South Africa month on month car sales and year on year sales have plunged by over 40%.
The National Association...
Strive Masiyiwa Hits Hard Times, Defaults on PIC Loan
Zimbabwe Billionaire, Econet Founder and Executive Chairman, Dr Strive Masiyiwa, is on the verge of defaulting on a Public Investment Corporation loan that he...
Precious Gondwe Reveals How She Became A Successful Lawyer in Botswana.
A successful Lawyer based in Botswana Precious Gondwe says she started of wanting to be a medical practitioner however her father who had done...
Liquidated Dominos Pizza Closing 50 South Africa Stores – 770 employees Retrenched
Dominos Pizza has shut down 50 stores in South Africa after its liquidation.
Park Village Auctions will be auctioning off Dominos' food preparation factories and...
Top 10 Richest Women in Africa 2020
Africa’s leading women entrepreneurs from across the diverse land have turned their resources into massive empires.
Most of the top 10 richest women in Africa...
Masiyiwa Drops Out Of Top 10 African Billionaires List
Zimbabwe Billionaire and Founder of Econet Telecommunications company, Strive Masiyiwa, has dropped from the top 10 list of African Billionaires.
The Top 10 Billionaires are...
7 000 SA Car Rental Employees To Lose Their Jobs
About 7 000 employees in the South African car rental industry are set to lose their Jobs this month. This was reported by the...
Enoch kamushinda Fraud in Namibia SME Bank Takes a new Twist
Metbank owner, Enoch Kamushinda 's Namibia SME Bank fraud case has taken a new twist.
In the latest twist, businesswoman, Tania Hangula and ministerial assistant...
TFG To Buy 371 Jet Stores From Distressed Edgars
Business Report has revealed that the Foschini Group (TFG) is set to buy 371 JET Stores From the distressed Edgars Group, for R480 Million.
TFG...
CONGRATS: Tsitsi Masiyiwa Appointed President of Shuvu Africa
Heather Tsitsi Masiyiwa has been appointed president of Shuvu Africa.
The Uri program is now offering scholarships for qualified individuals at https://af.shuvu.tv
To support the...
Meet the Man Who Built the Harare Airport Road – Ken Sharpe
In this exciting interview with Josey Mahachi Ken Sharpe, a Harare born businessman with over 50 companies talks about his amazing life story.
Ken was...
Zimbabweans Stranded As Government Suspends Mobile Banking Services.
ZIMBABWE Government has issued a notice terminating all mobile money with immediate effect as measures to deal with malpractice and economic sabotage related to...
Ecocash Dismisses Suspension of Mobile Money Transactions
Econet's subsidiary Ecocash has dismissed the government's suspension of all mobile money transaction citing that permanent secretary of Information Nick Mangwana does not have...
Government Suspends Mobile Money With Immediate Effect: Ecocash, One Money and Telecash
The Government has with immediate effect suspended all mobile money transactions as measures to deal with malpractices, criminality and economic sabotage.
In a statement released...
Mthuli Ncube Says Zimbabwe Dollar is Not Going Anywhere
Finance minister Mthuli Ncube says the Zimbabwean dollar cannot be phased out since it is essential in pushing economic growth forward and driving the...