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Zimbabwe Slashes Diamonds Royalties

HARARE - Zimbabwe has slashed royalties for its diamond mines to 10 percent of gross revenue, from 15 percent, as it moves to encourage...

Zimbabwe Funerals Mogul Enters Into Asset Management

HARARE - Nyaradzo Group, Zimbabwe's largest funeral services firm said on Monday it was entering into asset management as part of its exponential expansion programme. Nyaradzo...

Namibia Seeks to Sell N$125 Million Worth of Ivory

Windhoek- Namibian President Hage Geingob says he is concerned about the cost and security implications of holding large ivory stocks. He says the southern African...

Global Economy Dangerously Close to a Recession: World Bank

The global economy is "dangerously close" to a recession, as inflation remains elevated, interest rates rise, and a growing debt burden hits the developing...

IMF Predict Improvement in Italian Debt

Italy's debt and deficit levels are falling, according to new data from the Italian government and the International Monetary Fund (IMF). However, the two...