BAT’s tax contribution in massive 769pc jump
BAT Zimbabwe says its contribution to public finances — by way of taxes — jumped 769 percent from $19,9 million last year to $173 million in the six months period … Read More
Category: Companies
Zim ready to welcome back tourists
Zimbabwe is ready to welcome back international tourists and expects those who come first following the re-opening of all tourism activities to be the country’s destination ambassadors. Tourism industry players … Read More
Tobacco deliveries top 181 million kg
Tobacco deliveries have reached 181 million kg, as contract floors continue to receive deliveries despite the curtain coming down on the selling season for auction floors late last month. The … Read More
Banks making a killing through service charges
BANKS in Zimbabwe are generating up to 90 percent of their revenue through service charges as opposed to the global norm of riding on interest rates. Despite prevailing economic challenges, … Read More
Directors’ Dealings: Mushayavanhu ups stake in FBCH
FBC Holdings Limited executive directors, John Mushayavanhu (CEO), and his deputy Trynos Kufazvineyi are buying the company’s shares again. The two senior directors bought just above 500 000 shares each … Read More
The unsettling stability of the FX market
The foreign currency auction market has held up so far. At its best, the Zimbabwe dollar has strengthened against the US$ on more than one occasion in the last two … Read More
Banks at receiving end of a stabilizing FX Market
It is an inconvenient truth, but most banks have been net beneficiaries of the uneven foreign exchange market. They found themselves in a position to arbitrage and leverage the forex … Read More
Mimosa full year output drops 5 percent
PLATINUM producer, Mimosa Mining Company, recorded a five percent drop in production to 247 800 ounces in the full year ended 30 June 2020 due to capacity constraints compared to … Read More
US$294m Kariba Dam wall rehab progresses well
THE Kariba Dam-wall rehabilitation project is progressing well despite temporary disruptions caused by Covid-19 lockdowns, the Zambezi River Authority (ZRA) has said. The rehabilitation project, which commenced in 2017, comprises … Read More
Zimra, BNC US$14m tax dispute drags on
THE High Court is still to make a ruling over an outstanding US$14 million tax dispute involving Bindura Nickel Corporation (BNC) and the Zimbabwe Revenue Authority. The tax dispute emanates … Read More
