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Nestle Zimbabwe Wins Case Against ZIMRA over Invalid Tax Assessments

by Cabanga Magazine | Jun 22, 2023 | Banking & Finance, Business

On May 24, 2023, the High Court of Zimbabwe ruled in favor of Nestle Zimbabwe (Pvt) Ltd in a case against the Zimbabwe Revenue Authority (ZIMRA) regarding invalid tax assessments. The court declared the assessments issued by ZIMRA on January 17, 2022, for the tax...

Citibank invests in Zimbabwean Oil Exploration amidst US Sanctions

by Cabanga Magazine | Jun 22, 2023 | Business

Citibank, a US bank, has invested in Invictus Energy through its Citicorp group, amidst US sanctions on Zimbabwe. Citibank’s investment is a vote of confidence in Zimbabwe’s oil and gas potential. Now, hold on here; how can this be? In 2022, Invictus...

Residential Solar Emerges as a Top Priority for Home Buyers in South Africa, [Pam Golding Properties Survey]

by Cabanga Magazine | Jun 2, 2023 | Business

As South Africa grapples with ongoing loadshedding and soaring electricity tariffs, the demand for energy-saving features in residential properties has surged, according to a recent survey conducted by Pam Golding Properties, a leading national real estate agency. The...

The Great Man-Made River (GMMR) in Africa

by Cabanga Magazine | May 30, 2023 | Global & Regional

Libya is home to one of the most incredible engineering feats in the world – the Great Man-Made River Project. This network of pipes supplies water from the Sahara Desert to the cities of Libya, providing irrigation and drinking water to millions of people. The...

The $11BN Underwater Railway connecting Hong-Kong and mainland China

by Cabanga Magazine | May 30, 2023 | Business

Hong Kong, a bustling metropolis known for its towering skyscrapers and vibrant culture, is set to undergo a major transformation with the completion of the new multi-billion dollar Sha Tin to Central link. The project, which includes an underwater railway connecting...
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