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BULAWAYO – The Minister of Finance and Economic Development, Professor Mthuli Ncube, says close to $300 million has been disbursed to entrepreneurs under the National Venture Capital Fund (NVCF). The disbursements mark the operationalisation of the fund, which is responsible...
Davison Kaiyo HARARE – Cement manufacturers are seeking government intervention in reducing key cost-drivers that are making its products uncompetitive compared to its regional peers. This came out at the commissioning of Lafarge Cement’s new US$2.8m dry mortar plant with the...
Davison Kaiyo HARARE – In order to attract investments into the pharmaceutical industry, a new strategy document is proposing tax incentives into the sector.  According to the Pharmaceutical Manufacturing Strategy in Zimbabwe: 2021-2025 which was approved in Cabinet yesterday, competitiveness of...
Professor Oliver S. Saasa LUSAKA, ZAMBIA - In early 2020, The Zambia Revenue Authority (ZRA) announced its intention to start implementing a Digital Tax Stamp (DTS) Solution, which is essentially a physical paper stamp that is applied to goods and contains...
HARARE – In order to meet the foreign currency needs of small-scale enterprises and individuals which will ensure that trades move away from the parallel market, the Reserve Bank of Zimbabwe will, effective tomorrow, start selling foreign currency to...
HARARE - More than 200,000 Zimbabweans have returned home over the past year due to the economic fallout from COVID-19 in countries where they had been working. The International Organization for Migration (IOM) is providing nurses to help Zimbabwean officials...
By Vitor Gaspar, Michael Keen, Alexander Klemm, and Paolo Mauro The economic costs of the pandemic have fallen most heavily on those least able to bear them. Governments have taken steps to support people and firms through wage subsidies, unemployment...
Harare – Zimbabwe plans to put 350 000 ha under irrigation in the next three seasons as part of the Accelerated Irrigation Rehabilitation and Development Plan. This was revealed by the Minister of Lands, Agriculture, Fisheries, Water and Rural Resettlement,...
Sharon Chikwanha Government will provide tax holidays among other incentives to promote the growth of Micro, Small and Medium Enterprises sector which is expected to anchor rural industrialization in Zimbabwe This emerged at the launch of the National MSME Policy 2020-2024...

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