Redcliff proposes US$11m budget
REDCLIFF Municipality has proposed a US$11 million budget for year 2021 with consultations expected to commence this coming week to gather ratepayers’ views on the move. Redcliff Mayor, Councillor Clayton … Read More
Category: Finance
RBZ reserve money surges in October
By mid-August the exchange rate generated by the foreign exchange auctions had stabilised with very small weekly movements since, while weekly allotments, which are driven by demand rather than supply, … Read More
WorldRemit steps up Zim remittances
WorldRemit says demand for its remittance services to Zimbabwe continues to grow at an accelerated rate and reports say the volumes of foreign currency flows into the country through the … Read More
Stanbic wins prestigious banking award
Stanbic Bank has reclaimed the best bank in Zimbabwe title awarded by the European, Middle East and Africa, EMEA Finance at the recently-held African Banking Awards 2020. The Standard Bank … Read More
Zimra confident of exceeding revenue target
THE Zimbabwe Revenue Authority (Zimra) is confident it will meet or surpass the Government’s new revenue projection of $172 billion for 2020, more than double the initial target, as economic … Read More
Zimdollar eases marginally
The Zimbabwe dollar moved marginally by less than a third of a Zimbabwean cent, against the US dollar at yesterday’s Reserve Bank of Zimbabwe (RBZ) foreign currency auction, trading 0,004 … Read More
Local startups looking to finance using equity might finally have a lifeline
We last wrote about the Growth Enterprise Market (GEM) back in March. At the time, FINSEC was formulating a draft framework for the online platform designed for SMEs looking to … Read More
Keep tight grip on liquidity: CZI
Monetary and fiscal authorities must maintain an iron grip on the tight liquidity situation to entrench exchange rate and macro-economic stability, the Confederation of Zimbabwe Industry (CZI) says. The industrial … Read More
Zim, IFC launch Vic Falls tourism growth plan
THE Government has partnered the International Finance Corporation (IFC), a member of the World Bank Group, to launch an initiative to boost tourism in and around the country’s main tourist … Read More
Individual tax leads in Q3 Zimra revenue collections
THE Zimbabwe Revenue Authority (Zimra) says gross revenue collections for the third quarter ended 30 September 2020 were 31,19 percent above target at $58,81 billion with the individual tax head … Read More
