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    A tariff is a tax that people pay when bringing goods from other countries into their home country. Imagine going shopping in another country and having to pay extra money to bring those items back home—that’s how a tariff feels to businesses bringing products across borders. The government collects this money, making tariffs a key…

  • Calls grow for ethics in estate management

    Estate administration complaints stem from inadequate knowledge of inheritance laws rather than practitioner misconduct, according to presentations at a Council of Estate Administrators and Insolvency Practitioners workshop. Master of the High Court Eldard Mutasa and legal professionals addressed common grievances affecting beneficiaries and families of deceased persons. Disputes frequently arise when beneficiaries reject wills that…

  • What is a Banque d’Affaire?

    A “banque d’affaire” is what they call a merchant bank over in France. These special banks put their own money into helping companies do big business deals. They also sell and trade company stocks and bonds. Merchant banks are pretty different from the regular banks most folks use. Your usual bank takes deposits, makes loans,…

  • AfDB backs Chimhandamba titanium deal

    The African Development Bank approved $75 million to finance a titanium dioxide plant in South Africa led by Zimbabwean businessman Donovan Chimhandamba. The facility will process 80,000 tonnes annually at Richards Bay Industrial Development Zone and aims to reduce regional dependence on imported pigments used in paints, cosmetics and food products. Chimhandamba heads Nyanza Light…