10pc trading margin scrapped, outcry over impact
The decision by Government to scrap the 10 percent markup allowed on goods priced in foreign currency has been met with mixed reactions with some believing it will penalise businesses … Read More
The decision by Government to scrap the 10 percent markup allowed on goods priced in foreign currency has been met with mixed reactions with some believing it will penalise businesses … Read More
Businesses are struggling to obtain foreign currency from banks to fund procurement of inputs they require for production, a scenario analysts fear creates fertile grounds for total rejection of the … Read More
The figures showing a dramatic rise in exports in the first two months of this year by 37 percent to US$1,18 billion is very good news considering the sort of … Read More
The Zimbabwean business community is in a state of shock following the Ministry of Finance, Economic Development and Investment Promotion’s announcement of a significant hike in transactional taxes. This new … Read More
INDUSTRY and Commerce minster Mangaliso Ndlovu says he will be establishing very “close communication” channels with industry over the next two weeks to find areas of co-operation. This is a … Read More
SOME Vumbachikwe Mine creditors are advocating that the company be placed under corporate rescue, claiming the firm was heading towards insolvency, NewsDay Business can reveal. Vumbachikwe Mine, situated in Gwanda … Read More
We are excited about the incredible response from both prospective and current small livestock farmers who have reached out to express their appreciation for the knowledge and experiences we are … Read More
Regional payment card industry giant EFT Corporation (EFTCorp) will explore the dynamics of the digital banking landscape in Africa during its forthcoming “Banking on the Future” conference to be held … Read More
The CEO Africa Roundtable is embroiled in a legal dispute with US-based businessman Simbarashe Mujuru who is demanding a significant amount of money after the former allegedly failed to fulfil … Read More
Platinum group metals (PGM) producer Zimplats has so far spent US$27 million on its 35 megawatt (MW) solar power plant project against a budget of US$37 million. The project, aimed … Read More