Africa: Cannabis Boom in South Africa and Zimbabwe Is Good for Wealthy Investors, Bad for Small Farmers

Africa: Cannabis Boom in South Africa and Zimbabwe Is Good for Wealthy Investors, Bad for Small Farmers

Cannabis is booming as an ingredient in everything from supplementary oils, inflammation-reducing skin creams, lip balms to health drinks and gummy sweets that promise to reduce anxiety and pain and promote relaxation. The global legal cannabis market is today worth about US$69.78 billion, and this will skyrocket to US$216.76 billion by 2033. Read more: More…

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Africa: Cannabis Boom in South Africa and Zimbabwe Is Good for Wealthy Investors, Bad for Small Farmers

Africa: Zimbabwe Now Africa’s Most Taxed Nation – Biti

Former Finance Minister Tendai Biti has accused the government of overburdening Zimbabweans with what he described as “toxic” new presumptive taxes that threaten to cripple small businesses and deepen economic hardship. Posting on X (formerly Twitter) after the publication of Public Notice 51 of 2025, which sets out new tax obligations for informal traders, Biti…

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