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Kenya denies reports linking Wicknell Chivayo to US$2.8 billion airport contract

The Kenyan government has firmly rejected reports that Wicknell Chivayo's company secured a US$2.8 billion contract, insisting the firm neither bid for nor has any involvement in the project.

Zimbabwe legalises crypto sector with new regulations, but adoption questions remain

Zimbabwe has introduced its first cryptocurrency regulatory framework, bringing digital assets into the formal financial system while raising questions about how stricter oversight will affect adoption.

Zimbabwe banks warn credit crunch could undermine economic growth

Zimbabwe's leading financial institutions have warned that prolonged tight monetary and fiscal policies, while stabilising inflation and the ZiG currency, are increasingly restricting lending and slowing private sector growth.

After months of high rates to shield ZiG, Zimbabwe starts monetary easing

Zimbabwe has begun easing its tight monetary stance after months of high interest rates used to defend the ZiG, with the RBZ citing lower inflation and improved currency stability.

SA tycoon Robert Gumede moves closer to rescuing Tongaat Hulett as liquidation showdown looms

Robert Gumede's Vision Group is reportedly close to a rescue deal for Tongaat Hulett that could avert liquidation and protect thousands of jobs ahead of a crucial court showdown.

Elon Musk becomes world’s first trillionaire as SpaceX IPO sparks Wall Street frenzy

Elon Musk has shattered financial records after SpaceX's explosive IPO turned him into the world's first trillionaire and minted thousands of new millionaires.

Caledonia finds massive high-grade gold resource potential in Zimbabwe

Caledonia Mining has reported impressive high-grade gold intersections at Motapa, raising hopes the discovery could significantly extend the life and output of the Bilboes Gold Project.

The Hills golf course on track for February launch as final construction phase nears completion

The Hills Luxury Golf Course is entering its final development phase, with the first official tee-off scheduled for February as work continues on what developers hope will become a major golf tourism attraction.

Zimbabwe court upholds govt grain import levy framework, rejects GMAZ challenge

The High Court has dismissed an urgent application by GMAZ challenging Zimbabwe's grain import levy framework, despite warnings from millers that the policy could increase food prices and threaten food security.

OM Bank customers surge to near half-million as Old Mutual keeps integration on track

Old Mutual says the integration of Old Mutual Finance into OM Bank remains on track for completion this year after the bank's customer base surged to 473,000 and retail deposits climbed to R541 million.

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