HARARE - For ease of administration, the Reserve Bank of Zimbabwe has announced that all commissions and royalties that are due and deductible at the point of receipt of export proceeds will now be paid to the Zimbabwe Revenue...
HARARE - Domestic electricity tariffs on pre-paid systems have increased by 30% under a stepped structure.
According to the Zimbabwe Electricity Transmission & Distribution Company, the lowest consumption band (0 to 50kwh) will be priced at $2.25/kwh while the most...
Abu Mubariki
Zimbabwean-born Strive Masiyiwa has become the first Black billionaire to break into The Sunday Times Rich List with his wealth estimated to be £1.087 billion ($1.5 billion). His entry into the list makes him the richest Black in...
Addis Ababa, Ethiopia – The United Nations Economic Commission for Africa says it will continue to work closely with its member States, the African Union Commission and other key stakeholders towards the effective implementation of the African Continental Free...
HARARE - Finance Minister Mthuli Ncube has scrapped the VAT on pre-packaged rice imports following President Mnangagwa's intervention on the long-standing dispute.
The measures will be applied on pre-packed packages of less than 25kg for retail sale, semi-milled or wholly-milled...
HARARE - The International Monetary Fund says Zimbabwe will most likely enter into a new Staff Monitored Programme in the third quarter if the virtual mission set for June is successful.
This will be the second SMP by the current...
View of the city from Meyrick Park, Harare. (Flickr/Jonathan N. Wakeling)
On Thursday, May 13, the Africa Center hosted a Zimbabwe roundtable, in partnership with the Eastern and Southern African Trade and Development Bank, featuring perspectives from government and the...
Staff Writer
BULAWAYO – The Treger Products Group has re-invested close to US$37 million into the business since 2010 with a focus on modernising its production units to keep with global industrial technological standards and to meet domestic and export...
HARARE - There was another record allotment on the Reserve Bank of Zimbabwe's auction system on Tuesday but the local currency continued to crawl within the 84 band. The local currency depreciated by 0.0418% against the US dollar from...
RW Johnson
The increasing threat posed by Ansar al Sunnah jihadists in Mozambique’s northernmost province of Cabo Delgado finally caused major international concern after the ISIS-linked insurgents attacked the town of Palms on March 24.
The Americans, the Portuguese and others...
