Zimra aims for US$7bn tax revenue
THE Zimbabwe Revenue Authority (Zimra) is targeting to collect US$7,155 billion tax revenue this year, representing a 17 percent increase from the 2024 target. The tax collector has devised bold … Read More
Mutapa Investment Fund Key to Zimbabwe’s Economic Growth
THE Mutapa Investment Fund (MIF) is there to provide funding to develop the country’s economy. This was revealed by MIF head of economic research, Dr Fox Kanongwere at the Bulawayo … Read More
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Axia profit down 12% on ZiG devaluation
RETAIL and distribution company, Axia Corporation Limited, reported a 12% decline in profit after tax to US$5,29 million for its half-year financial period ended December 31, 2024, owing to losses … Read More
ZSE recovers despite liquidity and geopolitics effects on markets locally and abroad
On Tuesday, local markets showed glimpses of recovery, while, global financial markets exhibited mixed performances amid ongoing economic uncertainties and geopolitical tensions. Commodity markets reflected investor caution, with fluctuations observed … Read More
Zimbabwe Stock Exchange dips as Victoria Falls Exchange gains
The Zimbabwe Stock Exchange (ZSE) continued its downward trend, with the All Share Index slipping by 0,09 percent to close at 191.55 points.Market capitalisation declined by 1,31 percent to ZiG … Read More
Tanganda finalising details of a circular for proposed transactions
Tanganda Tea Company says it is finalising details of a transaction on the proposed creation of a new class of shares and the raising of US$8 million that will be … Read More