Govt scraps VAT on gold deliveries
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has scrapped the requirement for gold miners to pay 15 percent Value Added Tax (VAT) on the value of deliveries … Read More
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‘RBZ is interfering in firms’ cash flow affairs’
THE Reserve Bank of Zimbabwe (RBZ) is being accused of “interfering” in the cash flow management of companies following pronouncements asserting that companies should not seek foreign currency from the … Read More
AAG courts Chinese investors, Asian FDI
THE Affirmative Action Group (AAG) has embarked on a drive to promote foreign direct investment drive into Zimbabwe from Asian countries, starting with China where the local empowerment lobby recently … Read More
Powerspeed Electrical revenue jumps 24pc
Powerspeed Electrical’s revenue increased by 24,35 percent to US$58,2 million in the half-year to March 31, 2024 largely driven by product availability and range. Resultantly, the company’s gross profit increased … Read More
NRZ can’t access mining claims in SA: GM
ZIMBABWE and South Africa could be headed for another diplomatic showdown over approximately 1,7 million hectares of mining claims jointly owned by the National Railways of Zimbabwe (NRZ) and sister … Read More
Zimbabwe seeks Investment Bank to fuel growth, Minister Ncube extends invitation
Finance, Economic Development and Investment Promotion Minister, Mthuli Ncube, has issued a clarion call to investors, urging them to establish an investment bank in the country. Giving his keynote address … Read More
Breaking: Government to revoke capital gains tax rule, market cheers
Government will soon revoke a statutory instrument that saw disposal of Zimbabwe Stock Exchange listed securities within 180 days from the date of purchase attracting a Capital Gains Tax Rate … Read More
VFEX envisions pan-African expansion, commodity trading
The Victoria Falls Stock Exchange expects to go pan-African over time, including trading of African currencies, chief executive officer (CEO) Justin Bgoni told the Capital Markets and Investment Promotion Conference … Read More
Firm commends ZiG effect on stability, inflation
Zimbabwe Stock Exchange (ZSE) listed firm BridgeFort Capital Limited has commended authorities for the resolute stance in controlling money supply growth and eliminating quasi-fiscal activities saying this has brought about … Read More
Economy creates 200 000 new jobs in first quarter
Zimbabwe’s economy created an additional 2 00 000 new jobs in the first three months of this year, raising hope the economy may perform better than expected despite headwinds that … Read More
