business

business

By newsday
February 11, 2019
Business Opinion & Editorials
GOVERNMENT is on an overdrive to attract investment to stimulate socio-economic development. Since Zimbabwe is endowed with mineral resource wealth, mining is the heart-beat of the “Zimbabwe is open for business” mantra. ...
Comments Off on The blind side of ‘Zim is open for business’ agenda

By newsday
August 9, 2017
Business
A NUMBER of business and retail owners are dribbling tax authorities by linking point of sales machines (POS) to individual accounts to evade paying taxes. ...
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By newsday
April 21, 2017
Business
BLANKET smuggling is on the rise, with Chinese importers listing blankets as quilting kits, to pay a lower duty at the country’s ports of entry. ...
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By newsday
April 21, 2017
Business
Business by its nature involves taking risks. However, the level of risk taken must be proportionate to the rewards of the enterprise. ...
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By newsday
April 21, 2017
Business
Accountant-general Daniel Muchemwa yesterday admitted that he is failing to comply with the Public Finance Management Act, which requires his office to produce government financial reports on time. ...
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By newsday
April 7, 2017
Business
NESTLÉ Zimbabwe has commissioned new product lines as it targets the low end market. ...
Comments Off on Nestlé targets low end market, exports

By newsday
April 5, 2017
Business
The Zimbabwe Revenue Authority (Zimra) has approached the Ministry of Finance for funding as it moves to avert fiscal gadgets shortage. ...
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By newsday
April 5, 2017
Business
The Zimbabwe Energy Council has said players in the sector should look up to pension funds to finance their power projects. ...
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By newsday
April 5, 2017
Business
The Zimbabwe Revenue Authority (Zimra) has said tobacco farmers should comply with the tax laws by having tax clearance certificates, adding that the 10% withholding tax was not targeting only farmers. ...
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By newsday
April 4, 2017
Business
The value of traded shares on the Zimbabwe Stock Exchange (ZSE) was 7% up in the first quarter of 2017 to $46 456 616 from the same period last year on the back on an increase in volume, latest statistics have shown. ...
Comments Off on ZSE turnover up 7% in Q1

By newsday
April 4, 2017
Business
The parliamentary portfolio committee on Mines and Energy yesterday took Transport and Infrastructure Development permanent secretary Munesu Munodawafa to task for illegally issuing duty-free fuel certificates for two power projects. ...
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By newsday
April 4, 2017
Business
Farmers’ associations have engaged the government to reverse its decision to impose a 10% withholding tax on tobacco farmers without valid tax clearance certificates. ...
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By newsday
April 4, 2017
Business
ZIMBABWE is importing $400 million worth of steel annually, bleeding the country of foreign currency, Reserve Bank of Zimbabwe governor John Mangudya has said. ...
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By newsday
April 4, 2017
Business
The textile sector in Zimbabwe exported goods worth over R2 billion to South Africa since 2009, but none of these goods were made available to local clothing manufacturers, an official has said. ...
Comments Off on Textile sector starves local market

By newsday
April 4, 2017
Business
Rwanda’s national carrier, RwandAir, begins flights between Kigali and Harare tomorrow, in another vote of confidence of Zimbabwe as a destination. ...
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By newsday
April 3, 2017
Business
TM Pick n Pay, along with its partners, will be fast-tracking phase two of the Village Walk Borrowdale project after noticing a steady uptake in their newly-refurbished store. ...
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By newsday
April 3, 2017
Business
INDUSTRY says the National Social Security Authority’s (NSSA) $18 million investment into the Cold Storage Company (CSC) would lead to the revival of once Zimbabwe’s industrial hub, Bulawayo. ...
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By newsday
April 3, 2017
Business
ZIMTRADE, the country’s export promotion body, will facilitate the participation of six export-ready small-to-medium enterprises (SMEs) at this year’s edition of the Zimbabwe International Trade Fair (ZITF). ...
Comments Off on ZimTrade bails out SMEs

By newsday
April 3, 2017
Business
STANDARD Chartered Bank Zimbabwe saw its profit after tax increasing by over 3 000% to $13,43 million for the year ended December 31, 2016 from the comparable period in 2015 due to cost efficiencies. ...
Comments Off on StanChart’s PAT up on cost efficiencies

By newsday
March 31, 2017
Business
Zimbabwe has to urgently adopt the South African rand as a currency to boost exports amid growing United States dollar shortages in the economy, a senior economist has said. ...
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By newsday
March 31, 2017
Business
Entrepreneur Frank Buyanga will next week begin selling gold medallions, a move he says provide easy access to wealth through limited edition precious metal medals. ...
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By newsday
March 31, 2017
Business
The Zimbabwe Revenue Authority (Zimra) says the country is losing millions through transfer pricing. ...
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By newsday
March 31, 2017
Business
At a recent workshop to commemorate International Consumer Rights Day, there were concerns that a number of people were falling prey to bogus investments and that banks and the Reserve Bank of Zimbabwe (RBZ) may not be doing enough to warn people. We reproduce the column we published last year on fraudulent schemes. ...
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By newsday
March 30, 2017
Business
THE Zimnat Group will leverage on its rebranding to grow its business riding on the strength of its pan African shareholder, Sanlam. ...
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By newsday
March 30, 2017
Business
INDUSTRY in Zimbabwe is deeply concerned about rampant smuggling of various goods into the country despite the existence of Zimbabwe Revenue Authority (Zimra) and law enforcement agents at the country’s ports of entry, NewsDay has established. ...
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By newsday
March 30, 2017
Business
The Monthly Financial Sector Bulletin (MFSB) publishes “The Microfinance Interview” a monthly question-and-answer feature through which it engages with key stakeholders of the microfinance (MFI) sector, service providers, development partners and regulators, among others, on issues of topical and mutual interest. ...
Comments Off on VIRL targets 60% women borrowers

By newsday
August 17, 2016
Business
PLAYERS in the honey sector have urged government to register Zimbabwe on the European Union (EU) approved list of exporters in order to tap into the $2,3 billion industry. ...
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By newsday
April 3, 2015
Business
The influx of motor vehicles in Zimbabwe has prompted a French lubricant company to set up a distributing company in the country, an official has said. ...
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By newsday
May 30, 2013
News
IT’S amazing how times change. For long, election time has seen business organisations and commerce dreading the democratic process. ...
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