Mutapa pumps US$100m into State firms in turnaround drive
THE Mutapa Investment Fund deployed US$100 million to its portfolio of State entities in the nine months to September 30,…
Category: Finance
Financial news, markets, and analysis
Mangudya to headline Gazaland University fundraising dinner
MUTAPA Investment Fund chief executive officer John Mangudya will headline the United Church of Christ in Zimbabwe (UCCZ)’s Gazaland University…
Economists slam 2026 budget as tax grab that offers ‘no real relief’
THE 2026 National Budget prioritised tax collection over genuine relief for citizens, economists have said. The 2026 National Budget, presented…
Mugaga slams VAT hike as burden on over-taxed economy
ZIMBABWE National Chamber of Commerce (ZNCC) chief executive officer Chris Mugaga has criticised the proposed increase in value-added tax (VAT)…
New tax policy on interest expense gets thumbs up
The Government’s decision to allow interest paid on deposits to be deductible for tax purposes has been broadly welcomed by…
‘Banking sector safe, sound, well capitalised’
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has said Zimbabwe’s banking sector remains stable, well-capitalised and free…
CZI wants IMTT gone, and these are their reasons
Zimbabwe just proposed a partial reduction of the unpopular Intermediated Money Transfer Tax (IMTT). They said all transfers in the…
Govt Introduces Tax And Fee Incentives For Hotels, Airlines, And Tour Operators
The Ministry of Finance, Economic Development and Investment Promotion has announced sweeping reforms to reduce the cost of doing business…
Treasury sets unapproved contracting limit at US$2m
The Government has directed that no ministries, departments, and agencies (MDAs) shall contract beyond US$2 million without the Treasury’s written…
Prof Ncube projects single-digit inflation early next year
Zimbabwe’s annual local currency inflation is projected to hit single-digit figures by the first quarter of 2026, a milestone not…