Good Morning Zimbabwe News
Kenyans are not getting value for tax
On August 16, the Kenya Revenue Authority (KRA) noted that developers of income-generating digital applications and other online businesses will start paying tax. Meanwhile, the World Bank in a new report stated that Kenyan taxpayers are not getting the full value of the development projects that billions were spent... Read more
Kenya, Ethiopia spar over Jubbaland polls in Somalia, AMISOM steps in
Kismayo airport in southern Somalia refused to allow an Ethiopian plane to land on Monday, a witness said, amid heightened tensions between the federal government and the regional leadership ahead of elections on Thursday. Somalia’s central government said on Saturday it would not recognise the result of an upcoming... Read more
We did not raid Ambode’s residence-EFCC
The Economic and Financial Crimes Commission, EFCC has denied raiding the residence of the immediate past Governor of Lagos State, Akinwunmi Ambode. A statement from the Antigraft agency reads The Economic and Financial Crimes Commission, EFCC has since early hours of today, been inundated with calls that operatives of... Read more
Luo to repose land in Chilanga
Nkandu Luo Fisheries and Livestock Minister Nkandu Luo says she will get back all land that has been encroached at the fisheries premises in Chilanga. Professor Luo says it is shocking that land meant for the development of the fisheries sector in the country has been turned into residential... Read more
KAP Industrial posts 25% fall in annual profit
South Africa’s KAP Industrial on Tuesday reported a 25% fall in full-year profit citing the impact of an accounting change on a black economic empowerment transaction. Headline earnings per share (Heps) stood at 45.9 cents per share in the year to June 30, down from 61.6 cents per share... Read more
Onyeka Onwenu Returns To Stage With Sensational Performance At Hi-life fest Finale
You’d be hard-pressed to find a list of top 5 Nigerian music legends without Onyeka Onwenu. She is, without a doubt, one of the icons of African music, and her appearance at the Hi-life fest finale grabbed the headlines for all the right reasons. As expected, she came through... Read more
UCL Playoffs: Okereke, Dennis, Others Seek Good First Leg Results
Nigerian stars; David Okereke, Emmanuel Dennis and Peter Olayinka are looking to help their respective clubs get favourable results in today’s (Tuesday) UEFA Champions League Playoffs first leg fixtures, reports Completesports.com. Okereke and Dennis are part of Club Brugge of Belgium squad that will face Austrian club, LASL at... Read more
Cameroon secessionist leaders jailed for life by military court
Ten Cameroonian separatists have been handed life sentences by a military court sitting in the capital, Yaounde. The convicts included the leader of the most known separatist group, the Southern Cameroon National Council, SCNC, Sisiku Ayuk Tabe. They were arrested in January 2018 at a hotel in the Nigerian... Read more
Steinhoff shares hit new lows even after creditor deal reached
Steinhoff International slumped to fresh lows on Monday, even after the embattled global retailer secured a long-awaited restructuring agreement on about 9 billion euros ($10 billion) of debt. The stock fell 5.5% to 6 euro cents in Frankfurt, where the South African company has its primary listing. In Johannesburg,... Read more
High court rules in favour of Denel employees – union
South Africa’s High Court ruled on Tuesday that cash-strapped state arms manufacturer Denel must pay taxes and other payments deducted from employees’ pay but not delivered to the tax office and other institutions, the Solidarity union said on Tuesday. Read: Denel employees could be in trouble with Sars “It... Read more