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Choppies' Kamoso Acquisition to Boost Liquor Sales, Hardware Growth and Supply Chain Efficiencies
Choppies Enterprises, the Botswana retail giant, has announced the acquisition of a 76% stake in Kamoso Africa for P2 a share of the issued ordinary shares of Kamoso Group plus taking over shareholder
Jul 12, 2023Zimbabwean Dollar Surges Significantly for the First Time Boosting Prospects for Currency Stability
The Zimbabwean Dollar (ZWL) experienced a significant appreciation of 9% on the Reserve Bank of Zimbabwe (RBZ)-governed Foreign Exchange Auction Market, marking its first notable gain since the reintr
Jun 28, 2023ZSE Loses its Status as a Safe Haven for Currency Hedge as Inflationary Pressures Worsen
The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po
Jun 20, 2023Bank of Namibia raises interest rates to safeguard currency peg, despite impact on consumers
Windhoek - The Bank of Namibia's decision to increase the repo rate by 50 basis points, from 7.25% to 7.75%, with immediate effect, has left many Namibian consumers struggling to survive. The repo rat
Jun 19, 2023