Regulators just slammed a fake investment platform for pulling a classic certificate scam. The Securities and Exchange Commission explicitly labeled Voya Investment Management an illegal operation running a fraudulent scheme. VIM reportedly parades a forged identity verification document while...
Yemi Kale dropped a reality check on Nigeria’s fake economic diversity while listing growth sectors. That ex-boss of the National Bureau of Statistics claims five specific areas will carry the country economically in 2026. He named ICT, construction, energy refining, agro-processing, and general...
Nigeria’s stock market just went absolutely nuclear and hit a massive valuation milestone as the equities sector smashed past the one hundred trillion naira mark. The NGX All-Share Index climbed higher while investors braced for fresh tax regulations that kicked in recently. Traders pushed...
Nigeria gets absolutely wrecked economically despite controlling the global shea butter game. Senator Muhammad Bima Enagi claims the nation provides nearly half the planetary supply yet pockets almost nothing from that massive multi-billion dollar industry. He argues outsiders exploit raw goods...
Africa has cash to make, but red tape kills dreams fast. Entrepreneurs frequently get crushed under complex rules and heavy compliance that destroy growth. Picking a country with a chill tax setup basically determines whether a startup survives or drowns in bureaucracy.
Mauritius feels like a...
WealthGate Africa just held a massive session to teach women how to secure the bag properly. The real estate and wealth development company gathered a crowd in Lagos for their Women Winning With Wealth initiative to push financial growth and independence. Dr Mayowa Owolabi, the founder, insisted...
Police just cracked down on Uganda Airlines for allegedly torching millions on bad deals. The Criminal Investigations Directorate teamed up with the State House Anti-Corruption Unit to grill senior officials over abuse of office and embezzlement claims. Detective Superintendent Winnifred...
Ruto just extended the drug czar's contract to keep the crackdown going strong. The National Authority for the Campaign Against Alcohol and Drug Abuse celebrated President William Samoei Ruto, bringing back Bishop Dr Stephen Mairori as Board Chairperson. The agency claims this three-year...
Tinubu is scrubbing massive oil debts from the books, and people are losing it. The Centre for Energy Governance slammed the African Democratic Congress for claiming President Bola Ahmed Tinubu pulled a fast one with the Nigerian National Petroleum Company Limited. They insist that deleting...
The tax man is upgrading tech to watch every single move you make. PwC Nigeria just snagged accreditation as a system integrator for the mandatory e-invoicing setup under the Monitoring, Billing, and Settlement platform. This move supposedly aims to fix digital tax administration while making...
A massive gold drop is hitting the Lagos exchange to shake things up. The Lagos Commodities and Futures Exchange secured a deal to trade over N21 billion in gold from Kian Smith FZE. Akin Akeredolu-Ale and Nere Emiko confirmed that the regulator gave the green light for these 1kg LBMA-certified...
ZANU PF wants expats to pay bills and shill for their global image. Munyaradzi Machacha told a virtual crowd in Beijing that Zimbabweans living abroad are vital for economic survival. The ruling party sees these remote citizens as wallets capable of funding national stability via remittances...
School principals scamming parents just got put on notice by the feds. Education boss Torerayi Moyo warned headmasters to stop rejecting ZiG currency or inventing fake exchange rates for tuition payments. He threatened strict punishment for anyone forcing families to buy overpriced uniforms...
Rugby legend Siya Kolisi just stamped his passport in Zimbabwe to flex its tourism status. The Springboks captain started his trip by checking out Victoria Falls before heading over to Harare. Officials from the Tourism and Hospitality Industry ministry claim this vacation cements their status...
Zimbabwe just leveled up the HIV fight with a game-changing preventative injection rollout. Authorities plan to distribute Lenacapavir across twelve critical zones, like Harare and Bulawayo, to block transmission. This long-acting shot guards against infection without forcing individuals to...
Fourteen kids got busted after terrorizing Bulawayo neighborhoods for months, stealing cash and gadgets. Police grabbed the group ranging from eleven to seventeen years old, following a massive crime wave hitting Tshabalala and Nkulumane. Inspector Nomalanga Msebele notes these minors swiped...
Another massive L for the state pension fund just dropped after a judge tossed their desperate attempt to recover millions. The High Court rejected a bid by the National Social Security Authority to void a hefty software contract worth over ten million dollars with Twenty-Third Century Systems...
Rain gods finally smiled on the Midlands while the state delivered supplies on time. Local farmers planted maize early to catch consistent showers. The Agricultural and Rural Development Authority targets 7,000 hectares of corn alongside 7,500 hectares of sorghum. They expect these fields to...
Zimbabwe finally remembers local government exists, with new laws coming. President Mnangagwa aims to shift power away from the center, utilizing the Devolution Bill. This legislation promises to fix service delivery while boosting development across the country. Attorney-General Virginia Mabiza...
Tobacco farmers are swapping firewood for cheap coal to stop destroying local forests. The Tobacco Industry and Marketing Board negotiated a deal offering fuel at 45 bucks per tonne in Hwange or 110 bucks inside Harare, excluding tax. Officials admit coal is dirty but insist it saves trees while...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.