We have noted with concern that most individuals, households, and businesses in Zimbabwe prefer to hold money in the form of cash (mostly US dollars).
Local News
By Batanai Matsika
Jul. 26, 2024
Ncube proposed to provide reprieve through waiver of the Special Surtax on Beverages Sugar Content due for the period January 1, 2024 to February 8, 2024.
Local News
By Mthandazo Nyoni
Jul. 26, 2024
In an interview, Information, Publicity and Broadcasting Services permanent secretary Nick Mangwana revealed that the National Prosecution Authority (NPA) will determine the next steps.
POSB's privatisation plans were temporarily halted in August 2023 when the government decided to place the bank under MIF, along with 29 other entities.
Local News
By Tatira Zwinoira
Jul. 26, 2024
This dispute has led to high-level interactions between Harare and Gaborone to determine whether the bridge encroaches into Zimbabwean territory.
Local News
By Tinashe Kairiza
Jul. 26, 2024
Lawfare refers to the strategic weaponisation of the law, often by the government, to silence dissent and choke opposition.
Local News
By Tinashe Kairiza
Jul. 26, 2024
Finance, Economic Development and Investment Promotion minister Mthuli Ncube announced the new figures during a mid-term budget review in Harare
Local News
By Tatira Zwinoira
Jul. 26, 2024
BAZ chief executive officer Fanwell Mutogo told our sister paper NewsDay recently that banks, like any other industry, incurred costs when providing a service to their clients.
Local News
By Melody Chikono
Jul. 26, 2024
For the Manhize steel operation, this deal presents an opportunity to secure high-quality stockpiles of coking coal ahead of its launch.
Local News
By Freeman Makopa
Jul. 26, 2024
One doctor revealed that they have been forced to help patients buy life-saving medicines due to the gravity of the crisis.
Local News
By Freeman Makopa
Jul. 26, 2024
Israel Murefu (IM), former president of the Employers Confederation of Zimbabwe (Emcoz)
Local News
By Tafadzwa Mhlanga
Jul. 26, 2024
In a report submitted to Parliament, Kujinga highlighted that Mpilo's internal control system over cash and bank operations was weak, exposing the hospital to unauthorised transactions.
Local News
By Julia Ndlela
Jul. 19, 2024
KMH acting group chief executive officer Trevor Barnard said. “Kuvimba Mining House is on foot to become a world-class lithium processing company
Local News
By Mthandazo Nyoni
Jul. 19, 2024
Tremont presented her credentials to President Emmerson Mnangagwa this week, officially assuming her role two years after her nomination by President Joe Biden.
Local News
By Julia Ndlela
Jul. 19, 2024
Banks have adopted a cautious approach to long-term lending, according to sources in the sector.
Local News
By Tatira Zwinoira
Jul. 19, 2024
MultiChoice Zimbabwe general manager Siyabulela Jemsana
Local News
By Zivisai Chagaka
Jul. 19, 2024
In a document submitted to Finance minister Mthuli Ncube this week, sharing bankers’ expectations for the 2024 mid-term budget review, BAZ called for the tax to be reduced.
But crucial sections of the Public Finance Management Act are rarely enforced, leading to perpetual laxity in managing state resources.
The audit covered a three-year period from 2019 to 2021 — the most recent by the AG.
Tawanda Gusha (TG), chief executive officer of the Airports Company of Zimbabwe (ACZ),
Local News
By Freeman Makopa
Jul. 19, 2024
The need to review our regulatory framework to incorporate new services and products such as virtual assets and crowdfunding.
Local News
By Melody Chikono
Jul. 12, 2024
He said this during a session of the Insurance and Pensions Commission (Ipec)/Nssa Journalist Mentorship Programme for 2024 last week.
Local News
By Gamuchirai Nyamuziwa
Jul. 12, 2024
In a highly liquid market, the bid-ask spreads narrow, meaning the difference between what buyers are willing to pay and what sellers ask decreases.
Local News
By Tatira Zwinoira
Jul. 12, 2024
The proposed legislation has also been criticised by opposition parties, claiming it is a ploy by the government to constrict civic society.
Local News
By Julia Ndlela
Jul. 12, 2024
Commenting on the group’s operations in Zimbabwe, Davidson said the group ensured stability and strategic growth amidst hyperinflation and regulatory changes.
Local News
By Tafadzwa Mhlanga
Jul. 12, 2024
In the same letter, Nanotech implored Zacc to engage Makurira’s technical committee assembled by Mnangagwa to understand what was hampering the water treatment project.
Local News
By Tinashe Kairiza
Jul. 12, 2024
TM: In your financials, you noted that the company experienced some volume sales decrease due to the El Niño. What are you doing to prepare for future occurrences?
Local News
By Tafadzwa Mhlanga
Jul. 12, 2024
It was common knowledge, Vingirai added, that ZBFH’s has, since 2014, made numerous attempts to merge Intermarket Building Society and ZB Bank.
Local News
By Melody Chikono
Jul. 11, 2024
No one will be a competent board member from day one unless you invest in training
Local News
By Tafadzwa Mhlanga
Jul. 5, 2024
President Emmerson Mnangagwa claimed that he plans to quit when his term ends
Birth registration is a legal right in Zimbabwe and the government makes it a requirement for every citizen to possess a birth registration certificate and eventually a national identity card.
Local News
By Nqobani Ndlovu
Jul. 5, 2024
In its outlook for the sector, IH noted that the market was likely to experience continued volatility, persistent power cuts, and erratic policy shifts.
Local News
By Tafadzwa Mhlanga
Jul. 5, 2024
The residents would also petition the Ministry of Local Government and Public Works to register their reservations.
Local News
By Tinashe Kairiza
Jul. 5, 2024
Chiwenga is seen in some quarters as the 81 year-old ruler’s natural successor, but some of the Zanu PF leader’s loyalists want him to hang on to power.
Local News
By Nqobani Ndlovu
Jul. 5, 2024
A Nssa executive said the write–downs prompted it to redirect investments to offshore projects, to earn foreign currency returns.
Local News
By Tatira Zwinoira
Jul. 5, 2024
You have talked about food security and the effects of this year’s drought on your operations
Local News
By Tatira Zwinoira
Jul. 5, 2024
Mutapa is a wealth creation entity formed by the government to ensure that we create intergenerational wealth for Zimbabweans - current and future generations.
Local News
By Mthandazo Nyoni
Jun. 28, 2024
VIFACOR secretary general Nguqhuko Tshili confirmed to the Independent this week that residents had written to Dube demanding explanations.
Local News
By Tinashe Kairiza
Jun. 28, 2024
Pambili announced it had received approval to convert a 50-hectare milling site at Golden Valley Mine in Mashonaland West to five 10-hectare bullion claims.
Local News
By Tatira Zwinoira
Jun. 28, 2024
Equity Axis highlighted that studies by leading Chinese analysts had already revealed high levels of interest in cryptocurrencies within Zimbabwe.
Local News
By Gamuchirai Nyamuziwa
Jun. 28, 2024
The public hearings are scrutinising Harare’s financial management systems and compliance with the Public Finance Management Act and other legislation.
Local News
By Julia Ndlela
Jun. 28, 2024
Nampak’s recent disclosures are part of a broader wave of grievances expressed by some of Zimbabwe’s biggest corporations regarding Zimra’s tax policies.
Local News
By Gamuchirai Nyamuziwa
Jun. 28, 2024
He said CZI has been in discussions with the state-run utility Zesa to address the power distribution issues.
Tawanda Gusha, CEO of the Airports Company of Zimbabwe (ACZ), said integrating Starlink would be crucial to his strategy for improving airport efficiencies in line with industry trends.
Local News
By Freeman Makopa
Jun. 28, 2024
The Reserve Bank of Zimbabwe switched to the Zimbabwe Gold currency after abandoning the rapidly depreciating Zimbabwe dollar.
However, investors are always looking for where they can get a return.
Local News
By Tatira Zwinoira
Jun. 21, 2024
Mupembe also pointed out that there was a high risk of HIV transmission among people using drugs because of sharing the blood, unsafe sexual practices and sharing of needles.
Local News
By Gamuchirai Nyamuziwa
Jun. 21, 2024
The report said in mobile telecoms, voice traffic slowed by 1,32% from 3,11 billion minutes to 3,07 billion minutes.
Local News
By Julia Ndlela
Jun. 21, 2024
However, the NRZ letter written without prejudice was only delivered to Ohizu’s lawyers on February 1, 2024.
Local News
By Trevor Mutsvairo
Jun. 21, 2024
But in a letter addressed to Makombe and Katunga on June 16, 2023, the firm’s lawyers Chambati&Mataka Attorneys at Law queried his credentials as a chief agent.
Local News
By Mthandazo Nyoni
Jun. 21, 2024