HARARE – The Reserve Bank of Zimbabwe held its weekly foreign currency auction today, which saw the local currency break its depreciation trend against the US dollar albeit marginally, as it gained 0.01% to 82.0833 from 82.0914 at today’s...
By Kovedzayi Takawira
Harare -The Zimbabwe National Statistics Agency (Zimstat) has revealed that approximately 76.1% of businesses in the country are operating informally.
Speaking at the launch of the Zimbabwe Economic Census preliminary report in Harare today, Zimstat Director for Production...
Staff Writer
Internet Service Providers (ISPs) and Mobile Network Operators (MNOs) will continue to feel the pinch despite the latest tariff review by the regulator, the Postal and Telecommunications Regulatory Authority (Potraz).
Potraz recently approved a 57 percent upward review for...
HARARE - A long time ago, a thriving agricultural village named Chibagwe existed. Chibagwe was renowned for the huge quantity of maize it produced. With the surplus it replenished its reserves before selling the rest to other communities. With the income,...
Herzel Mushayabasa/Eddison Mapani/Sharon Chikwanha
Finance and Economic Development Minister Mthuli Ncube has challenged the Zimbabwe Revenue Authority to raise at least $400b through its various activities including improved electronic cargo tracking system.
To support this, the country will speed up the...
Farai Mabeza
The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has directed all banks to temporarily review all ZIPIT transaction limits downwards to $20 000 per day and $100 000 per month to curb illicit foreign currency trading. This comes...
Christopher Mahove
Some tax incentives introduced by authorities in the country in a bid to lure foreign direct investment are bleeding the country of the much needed revenue as they are being abused by some foreign investors.
Transparency International Zimbabwe...
Sydney Kawadza
The African Development Bank president Dr Akinwumi A. Adesina, recently re-elected to lead the bank for another five years on an overwhelming 100 percent, has pledged to assist governments across the continent grow paying attention to health, climate...
Talkmore Gandiwa
The Small to Medium Enterprises sector is now the bedrock of the country’s economy, contributing 60% of the total Gross Domestic Product and an estimated 76% of total employment, a senior government official has said.
Addressing entrepreneurs at the...
The government has moved to clamp land barons this came out at the 35th post cabinet briefing presented by acting Minister of Information Dr Jenfan Muswere, who is the Minister of Information Communication Technology (ICT), Postal and Courier Services...
