Zimra limits consumer spend in wholesalers to US$1000 in new measures

Ryan Chigoche HARARE (FinX) - The Zimbabwe Revenue Authority has limited spending by  consumers in wholesalers to US$1000 per 30 days as part of its...

Zim braces for worse power outages as ZRA lowers Kariba water...

Itai Ndongwe  Zimbabwe is bracing for a repetition of the devastating power disruptions caused by the 2015-2016 El Niño event, a cyclical climate phenomena associated...

Mushayavanhu announced as next RBZ governor

HARARE - FBC Holdings chief executive John Mushayavanhu has been announced as the next Reserve Bank of Zimbabwe governor. He will take over from...

Puma to invest US$30m for retail expansion

Itai Ndongwe Puma Energy Zimbabwe has set aside US$30 million to invest in the Zimbabwean market over the next three years, with the funds going...

RBZ maintains key rate at 130%, calls for more ZWL taxes

HARARE - The Reserve Bank of Zimbabwe has maintained its key bank policy rate at 130% as it continues to stay the course of...

Zimbabwe directs lithium miners to produce carbonates

HARARE - The government has taken a significant step to boost the value of lithium exports by requiring lithium companies to create lithium carbonates...

Budget to be presented in ZWL: FinMin

Ryan Chigoche HARARE - Despite being instructed by the International Monetary Fund (IMF) to implement a US dollar (USD) budget in order to control inflation,...

ISO 31000 TO REDUCE RISK MANAGEMENT

  Benhilda Magomo Harare- The Ministry of Finance, Economic Development, and Investment Promotion has adopted a risk management framework policy and guidelines that enhance accountability and...

‘Abuse of office tops Zim Crimes” ZACC

Benhilda Magomo Zimbabwe Anti-Corruption Commission (ZACC) declares criminal abuse of duty and fraud as the leading crimes. According to the ZACC annual report, of the 684...

Unifreight sees 135% increase in tonnage after fleet investment

Itai Ndongwe Unifreight said that its volume tonnage climbed dramatically by 135% to 120 000 tonnes from 50 000t in 2022 as a result of...