Tapiwanashe Mangwiro
HARARE- 2020 economic forecasts were mostly upbeat. Everyone raised the prospect of synchronised growth acceleration after the US-China truce, which temporarily halted the trade war between the two belligerent nations.
The International Energy Agency predicted relative market stability, expecting...
A Small to Medium Enterprises programme designed to support and accelerate the growth of the sector had been launched. The Zimbabwe National Gazelles Programme was launched buy Kukura Business Accelerator in partnership with SA partner Mtiya Dynamics.
The programme will...
NAIROBI (Reuters) - The Bill & Melinda Gates Foundation said on Thursday it was committing $7 billion to Africa over the next four years, as Bill Gates warned that the Ukraine crisis was reducing the amount of aid flowing...
Davison Kaiyo
Zimbabwe’s economy is poised for growth despite the negative effects of the ravaging COVID19 pandemic and according to the World Bank’s flagship report the Global Economic Prospects 2021 report published yesterday, the country’s economy is expected to experience...
Ryan Chigoche
HARARE - Treasury has announced an upward review of the tax-free threshold to $500 000 per month from $91 000 effective this month with the highest marginal tax rate of 40 percent now applicable on income above $15...
Cynthia Chitombi
Zimbabwe has reduced its fuel import bill by about 20 percent through the blending of unleaded petrol with ethanol, a senior government official has said.
Zimbabwe Energy Regulatory Authority consumer services manager Nobert Matarutse revealed this during a discussion...
The gigantic Batoka Gorge Hydro Electric Scheme is expected to be successfully implemented without the displacement of any communities as the project along the Zambezi River below the Victoria Falls not expected to affect human activities including...
Staff Writer
HARARE - The Reserve Bank of Zimbabwe (RBZ) has deferred by up to a week the opening of the first foreign exchange auction for 2022 to the 18th of January citing COVID-19 impact on submission of essential information to...
By Munyaradzi Doma
The Harare City Council plans to introduce a 20 percent infrastructure development levy on all new developments effective this January to enable them to fund road programmes.
The 20 percent infrastructure development levy will be used as a...
HARARE – A slowdown in economic activity in April due to the coronavirus-induced national lockdown, saw the country’s trade deficit narrow by a significant 82.87% to $24.2 mln. According to the latest statistics from Zimstat, cumulatively the trade deficit...
