Invest Wisely
AUSTRALIAN energy firm, Invictus Energy Limited, has signed a renewable energy deal with Zimbabwean consortium Mbuyu Energy, to supply gas for a proposed 500-megawatt (MW) power plant, following its recent … Read More
OK Zimbabwe’s revenue for the half-year period ended September 30, 2023, jumped by 60,38 percent to $727,9 billion in inflation-adjusted terms from $453,8 billion in the same period in 2022. … Read More
FINANCE, Economic Development and Invest Promotion Minister, Professor Mthuli Ncube has reviewed some of the tax measures he proposed when he presented the 2024 National Budget last month. Stakeholders from … Read More
One World Group, a corporate behemoth headquartered in Abu Dhabi, United Arab Emirates will set up shop in Zimbabwe, with investments in the country’s tourism, infrastructure, mining and agriculture sectors … Read More
In the 2024 national budget, the Finance, Economic Development and Investment Promotion ministry introduced a wealth tax whereby any owner of a property valued at a minimum of US$100 000 … Read More
A FRESH wave of price increases on basic goods and services has dampened the festive mood, stealing the cheer away from the majority of the country’s citizens already struggling to … Read More
The latest review of the Zimbabwean economy by the World Bank produced the good news that it is growing year-in and year-out, that the economic and fiscal policies of the … Read More
ZIMBABWE experienced an 8.1% growth in exports during the first nine months of 2023 compared to the same period last year, according to ZimTrade. The country’s exports reached US$5.16 billion … Read More
THE World Bank has urged the government to address the country’s energy deficit after estimating that power cuts are costing the economy at least US$1,27 billion annually. In its fourth … Read More
One of the country’s largest financial services provider, Stanbic Bank, has been selected 2023 Bank of the Year in Zimbabwe by world-renowned London-based magazine, The Banker. This cements the bank’s … Read More
