2024 National Budget anti-poor

The controversial tax has been widely condemned as an extra burden on industry, and citizens already struggling to make ends meet.

Govt introduces more punitive taxes

Zimbabweans are subjected to various tax heads, such as, pay as you earn, the 2% intermediated mobile money tax (IMMT), 15% value-added tax, among others.
By Mthandazo Nyoni 9h ago

Treasury reduces 2024 GDP growth

However, due to the El Niño weather phenomenon and declining international mineral prices, the economy is set to be impacted negatively.
By Tatira Zwinoira 9h ago

Mthuli shifts goalposts, increases 2024 national budget

Heading into the budget, economists warned that increasing the national budget would fuel inflationary pressures.
By Tafadzwa Mhlanga 15h ago

Editor's Memo: Budget’s top priority list

Ncube has to present an economic blueprint that promotes economic development, job creation, foreign direct investment, and social development.
By Faith Zaba Nov. 17, 2023

Editor Memo: 2024 Budget: Reduce tax burden

Zimbabweans are hoping it will not be like the 2023 national budget, which many said was anti-poor.
By Faith Zaba Nov. 10, 2023

2024 budget faces $62 trillion backlog

The local currency has lost over 700% of its value from the beginning of the year to date owing to a rise in money supply without the prerequisite economic growth.
By Tatira Zwinoira Nov. 10, 2023

Police stations fall apart: Minister

Sanyatwe said most police stations were so dilapidated that it was now dampening police officers’ morale and making it difficult for them to carry out their duties.
By Harriet Chikandiwa Nov. 8, 2023

Adapt to economic woes, FCB boss tells bankers

This was as a direct result of the local currency depreciating against the greenback as it continues to lack adequate support structures.
By Tatira Zwinoira Oct. 24, 2023