GOVERNMENT yesterday said it is now working on modalities to grant tax rebates across all sectors to prevent price hikes following fuel price increases effected at the weekend. The price… Read more »
Zimbabwe will not adopt the South African Rand as it does not have adequate resources to do so, Finance and Economic Development Minister Professor Mthuli Ncube has said. Addressing youth… Read more »
The recent fuel price hike has caused mayhem in the economy as basically prices of all goods and services have been raised. President Emmerson Mnangagwa announced on Saturday night that… Read more »
Confederation of Zimbabwe Industries (CZI) president Mr Sifelani Jabangwe said the criminalisation of parallel market trade in foreign currency has left a lot of companies that are not on the… Read more »
Prominent entrepreneur and religious leader, Shingi Munyeza, has said that the recent fuel price increases and the promise to control prices by the Zimbabwe government is a “catastrophic” move that… Read more »
HARARE: Global brewing giant Anheuser-Busch Inbev will invest more than $120 million of its dividends and fees trapped in Zimbabwe in the central bank’s savings bonds. The development was confirmed… Read more »
ZIMBABWE’S ongoing currency crisis can be best described as a conundrum. Not only is it problematic, but it is also confusing and complex. On the one hand, you have an… Read more »
Fitch Solutions, the macro-economic arm of global rating agency says Zimbabwe’s currency regime is highly unsustainable and will continue to fuel inflationary pressures going forward. In 2009, the southern African… Read more »
Delta Corporation has reversed a decision to sell its products in foreign currency after the Reserve Bank of Zimbabwe (RBZ) yesterday assured the beverage manufacturer it would provide the forex… Read more »
The Zimbabwe Revenue Authority (Zimra) has started collecting taxes, especially Value Added Tax (VAT) and Pay-As-You-Earn (PAYE) in foreign currency from companies that collect payments in that currency, but the… Read more »
