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…
Category: Finance
Financial news, markets, and analysis
‘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…
Government launches skills audit at HCC
GOVERNMENT has begun a comprehensive skills audit at the Harare City Council (HCC), a major step aimed at closing long-standing…
No going back on US dollar phase-out: RBZ
AUTHORITIES are going ahead with plans to de-dollarise the economy, with the Reserve Bank of Zimbabwe (RBZ) yesterday indicating that…
RemitHope raises US$110k for community organisations
RemitHope, a social fintech enterprise committed to strengthening grassroots initiatives, has surpassed its ‘100for10’ Campaign target by raising more than…
Integrity pledges to strengthen Zimra’s anti-corruption efforts
A corporate integrity pledge is an institution’s public declaration and commitment to upholding values of integrity, transparency and accountability.The Zimbabwe…