Govt threatens tax evaders
Government has threatened to descend heavily mining companies evading on paying tax as it moves to enforce the “Responsible Mining Initiative” which came into force last year, Mines and Mining … Read More
Author: Bullszimbabwe
Gold miners lay out US$3,5 billion plan
OUTPUT from Zimbabwe’s gold mines will rise to 60 tonnes in the next five years, generating US$3,5 billion at current prices, an official has said. Speaking at the annual mini … Read More
SA remains Zim’s top trading partner
SOUTH Africa continues to be Zimbabwe’s major trading partner, accounting for 40,6% of the country’s total exports in April 2022, data from the Zimbabwe National Statistics Agency (ZimStat) shows. However, … Read More
Govt losing Zimdollar war
PRESSURE is mounting on government to redollarise with civil servants accusing it of acting immorally by charging for services in United States dollars, but refusing to pay its workers similarly. … Read More
Paramount Textiles to set up two solar power plants
LEADING clothing manufacturer, Paramount Textiles, plans to set up two solar power plants in Harare and Bulawayo with a combined output of 1,75MW, a development expected to boost the company’s … Read More
Zim to fight for fair trade at WTO conference
Zimbabwe will use the upcoming World Trade Organisation (WTO) Ministerial Conference (MC12) to push for an open and fair trading environment rather than divert focus to the current Russia-Ukraine conflict, … Read More
Parallel market economy, a herculean challenge’
THE parallel market economy is difficult to completely eradicate because of lack of confidence in the macro-economic environment on the back of the past hyperinflation experiences the country went through … Read More
Zim widens search for alternative fertiliser sources
Zimbabwe is looking for alternative source markets for fertiliser as a global shortage triggered by the Eastern Europe crisis looms with reports saying the country was extending its search to … Read More
Forex auction backlog: RBZ misses target
The Reserve Bank of Zimbabwe is working “frantically” to clear the foreign currency auction backlog running into tens of million, but has missed end of May target set by President … Read More
EIB lines of credit to local banks top €25m
The European Investment Bank (EIB) has pledged to continue supporting Zimbabwe’s lost Covid 19 economic recovery initiatives after the bank extended a combined €25 million (US$26,82m) in lines of credit … Read More
