South African law firm Bowman Gilfillan‚ which established an office in Botswana in October‚ is moving quickly to implement a medium-term strategy to have between 8 and 12 offices across Africa.
By Evan Pickworth 28 Oct 2013 11:45
Tax authorities are being more aggressive in challenging companies' tax practices, but this is leading to a disparity over what tax practitioners and politicians consider aggressive tax planning.
By Amanda Visser 11 Oct 2013 11:37
Although structural impediments such as poor logistics render the search for new avenues of deeper intra-African trade challenging‚ there is an immediate and compelling growth potential in the trade of agricultural products‚ Standard Bank research analyst Simon Freemantle said last week.
By Helmo Preuss 22 Apr 2013 13:24
Global legal practice Norton Rose has advised South African insurers expanding into other African countries to look beyond the sector-specific regulatory requirements in the jurisdictions they are entering as failure to do so could undermine their investments.
By Phakamisa Ndzamela 20 Mar 2013 09:25
Hackers have claimed the scalp of the South African Ministry of State Security's Twitter account, underlining concerns that Africa may be the soft underbelly of global cyber security.
6 Mar 2013 09:15
Zimbabwe President Robert Mugabe said his minister in charge of indigenisation, Saviour Kasukuwere, had made a "mistake" in striking an R8.3bn empowerment deal with Impala Platinum and he questioned whether the company should be paid for transferring a 51% stake to local owners.
5 Mar 2013 11:10
The Zimbabwean government will seize nearly 28ha of land leased by platinum miner Zimplats, in a fresh drive to re-allocate assets to local business, the mining minister, Obert Mpofu, said on Tuesday (12 February).
13 Feb 2013 11:20
Three foreign-owned banks are facing increased pressure from authorities to comply with the empowerment policy and are among the top Zimbabwean banks that are adequately capitalised.
By Tawanda Karombo 4 Feb 2013 09:39
A new-look Rainbow Chicken is taking shape amid enthusiasm from investors who have boosted its share price by a third since November. Driving the change is Rainbow's R1bn acquisition of Foodcorp and a R3,9bn rights issue, setting the scene for more positive developments.
4 Feb 2013 08:12
Bringing remittance prices down to 5% from the current 12.4% average cost would put US$4bn more in the pockets of Africa's migrants and their families who rely on remittances for survival‚ the World Bank said on Monday (28 January).
29 Jan 2013 15:18
The SA National Defence Force (SANDF) has defended the disposal of military helicopter airframes and spares to Zimbabwe amid threats of legal action to stop the move.
28 Jan 2013 11:12
International refined foods manufacturer Nestle invested US$12m into its Zimbabwean operations in 2012 despite the uncertainty surrounding its future in Zimbabwe as the government has not yet decided upon its indigenisation compliance plans. However‚ the Swiss company has reiterated its commitment to its operations in the country.
By Tawanda Karombo 4 Jan 2013 08:59
HARARE, ZIMBABWE: Zimbabwe has ratcheted up the pressure on SA platinum mining companies to finance empowerment proposals as the government is too cash-strapped to provide funding for this. The mines have insisted that the new shareholders be forced to abide by their obligations to fund operations where necessary.
By Tawanda Karombo 19 Dec 2012 09:43
GWERU, ZIMBABWE: Zimbabwe President Robert Mugabe on Friday (7 December) vowed to overhaul business laws to require 100% black ownership of firms, up from 51%.
10 Dec 2012 09:29
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