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)…
Category: Headlines
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…
Power production surges as Government targets US$9billion energy investment
ZIMBABWE’S average daily power generation rose by 76,8 percent to 1 537 megawatts (MW) in 2025, up from 866 MW…
‘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…
ZIDA says investment climate improved in 2025
THE Zimbabwe Investment and Development Agency says it has strengthened the country’s investment climate over the past five years by…
Export earnings skyrocket in first 9 months
ZIMBABWE’s exports are booming, underscored by a striking 20 percent increase in foreign currency receipts, which climbed to US$12 billion…
Government rejects plea to remove IMTT, makes partial adjustment
Finance, Economic Development and Investment Promotion minister Mthuli Ncube presenting the 2026 national budget at Parliament in Mt Hampden yesterday.…
Government targets US$6,86bn investments under NDS 2
GOVERNMENT is targeting to raise investments to above 13,1% of the gross domestic product (GDP) translating to US$6,86 billion under…
Mineral earnings expected to rise to US$7bn
MINERAL earnings are expected to end the year at US$7 billion before growing to US$7,5 billion in 2026, buoyed by…
Zim projected to become natural gas powerhouse: Report
ZIMBABWE could emerge as a new natural gas market in Africa this decade following successful natural gas exploration led by…