Business Articles

“Tax Tussle”: Delta Corporation slams authorities over uncertainty

Johnson Progress Delta Corporation Limited, a leading beverage maker, has accused tax authorities of creating legislative uncertainty that is affecting its business operations. In its annual report for the period ended March 31, 2025, Delta expressed concerns over the...

Africa Sun to Sell Monomotapa Hotel For US$18 million, Firm Seeks Shareholders Node

Vongai Masuka One of Zimbabwe's leading hospitality firms, Africa Sun Limited is set to seek shareholder and regulatory approvals for the proposed disposal of Monomotapa Hotel, a prominent Harare property, for US$18 million. The move is part of the hospitality firm's...

E.U adds 5 African Countries on money laundering blacklist

Business Insider Africa The European Union has updated its financial blacklist, adding five African countries: Algeria, Angola, Côte d’Ivoire, Kenya, and Namibia to its list of nations with strategic deficiencies in anti-money laundering and counter-terrorism...

OK Zimbabwe plans US$30 million come back strategy

Tafadzwa Nyikadzino Struggling retail giants, OK Zimbabwe have announced plans to raise US$30 million to re-stock supermarkets and pay suppliers. The company revealed that the money will enable it to return to full operation. A statement by OK's group secretary, Mrs...