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    An accounting year serves as the foundation for financial reporting and business planning. Companies use this period to record all their financial transactions, from sales and purchases to investments and expenses. This structured approach helps businesses track their growth, measure profitability, and fulfill their tax obligations. Different Types of Accounting Years Not every organization follows…

  • MIPF names Taruvinga new chief

    The Mining Industry Pension Fund appointed Anymore Taruvinga as principal officer and chief executive on Friday, November 1. Board chairperson Clara P. Sadomba said he will lead strategic planning and strengthen operations to protect member retirement benefits. Taruvinga previously led the Zimbabwean Securities and Exchange Commission for three years. He worked eight years at the…

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    Nigeria’s central bank has issued a public alert concerning Zuldal Microfinance Bank Limited, clarifying that the organization lacks authorization to conduct financial operations within the country. Acting Director of Corporate Communications Hakama Sidi Ali stated the entity falsely claims to hold proper licensing despite reportedly maintaining locations in Lagos, Abuja, Kaduna and Kano. The Banks…

  • AMD unveils Instinct MI400 GPUs for 2026

    AMD disclosed plans for its Instinct MI400 accelerator series built on CDNA 5 architecture during a financial analyst presentation, targeting deployment in 2026 with performance doubling that of the MI350 generation. The company said the lineup will deliver 40 FP4 and 20 FP8 petaflops while incorporating HBM4 memory configurations reaching 432 gigabytes alongside bandwidth expansion…