HARARE - Treasury has widened exemptions to the Intermediated Money Transfer Tax by adding select foreign currency denominated transactions mostly centred around the transfer of funds to the foreign currency auction system.
The...
Staff Writer
Zimbabwean businessman, Adam Molai, has launched a US$1 million fund targeting start-up businesses across Africa with the JUA Kickstarter Fund expected to provide successful applicants with money to launch or grow their...
Reason Razawo
Zimbabwe’s economic woes worsened by corruption and government over expenditure are exposing citizens to poverty and social collapse and needs to be addressed with urgency for the country to move forward, MDC-A...
NJ Ayuk
Last spring, the Maersk Voyager, an ultra-deepwater drillship under contract by French supermajor Total, drilled a wildcat well in the deepest water ever – 3,628 meters (11,903 feet) in Block 48, a massive area with potentially huge oil reserves in...
By Helen Lubamba
Successful financing of developmental project such as hydro-power plants requires the willingness to invest and dream to grow the sector for the future.
Developing both social and economic infrastructure improves not only the quality of people’s lives; it...
Farai Mabeza
Government’s new five-year National Development Strategy lacks a clear funding plan, posing a threat to its potential success and business will be watching keenly how it is implemented, lobby group the Zimbabwe...
HARARE – The local currency maintained a crawling pattern on Tuesday, depreciating a marginal 0.044% to 81.7102 against the US dollar from 81.6741 attained last week. This comes as focus of the Reserve Bank of Zimbabwe now...
Farai Mabeza
Government will set up a national productivity institute under the just launched five-year national development strategy as one of its key strategies for the productive sectors in order to spread what it termed productivity consciousness.
According to the NDS...
HARARE- The Zimbabwe Energy Regulatory Authority has announced a nominal increase in the price of fuel after the Zimbabwe dollar took a knock against the United States greenback at the Foreign Currency Auction System this week.
The local currency continued...
Sydney Kawadza
HARARE – The African Development Bank has prescribed a raft of measures African countries could take to benefit from rising gold prices, which have shot up 24% since January this year. The commodity’s...
