HARARE (FinX) - Tourism receipts are estimated to have increased by 15% to US$252 million in the second quarter of 2024 from US$220 million in the same period on 2023, mainly attributed to rising international tourism in addition to
improved...
Sydney Kawadza
The Africa Investment Forum’s 2021 Market Days have been slated for December 1-3 in Abidjan, Côte d’Ivoire this year with the annual business gathering showcasing transformative investment opportunities across the African continent.
In a statement, the African Development Bank...
Sydney Kawadza
The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African Development Bank and Standard Chartered Bank.
The agreement is expected to boost intra-Africa...
SOUTH African President, Cyril Ramphosa, has pleaded with the British monarch and government to facilitate a smooth re-admission of Zimbabwe into the Commonwealth and lift the sanctions imposed on the Southern African country.
Ramaphosa took advantage of his just ended...
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,...
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...
Itai Ndongwe
The Zimbabwean Government has made moves to go paperless following the donation of 160 laptops by the Postal Telecommunications Regulatory Authority of Zimbabwe, which will improve inspections and dispute resolutions among other functions
The donation was made to the...
Ryan Chigoche
HARARE - The World Bank says the removal of tariff barriers alone will not see the country benefit enough from the Africa Free Continental Trade Area (AFCTA), with the bank highlighting the need to track non-tariff barriers such...
Simba Rushwaya
Active internet and data subscriptions have declined by four percent to reach 8.267.268 in the second quarter of the year from 8.614.009, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has...
MUTARE - Timber production racked in up to US$37.5 million from both local and export sales in 2020.
Statistics gathered from the Timbers Producers Federation (TPF) indicated that a total of ZWL$1.1 billion (US$13.4m) was generated through local sales while...
