CABLE manufacturer CAFCA says the growing gap between the official and parallel market exchange rates is a threat to the business operating environment. (more…)
WHEN parties enter into a contract, it is with the view that the contract be enforceable. They enter into a contract with the intention of performing and executing it. (more…)
SUSPENSION of duty is the waiver of customs duty and surtax. Value Added Tax (VAT) is payable at a rate of 14.5% based on the value of a motor vehicle plus freight, insurance and any other charges incurred before delivery of the vehicle to Zimbabwe. (more…)
HWANGE Colliery Company (Hwange) has entered into an equipment mobilisation agreement for its underground mine that will result in the miner acquiring new equipment valued in excess of US$15 million over the next two years. (more…)
GENERAL Beltings Holdings (GB) expects to increase its market consolidation on the back of logistical constraints caused by the Russia-Ukraine conflict, which is compelling its customers to replace imports with locally made products. (more…)
WITHOUT doubt, the reversal of the bank lending blanket ban came as a huge relief to the financial services sector, business, and the general public at large. (more…)
THE government has renewed its push for the trade of elephants’ products to fund wildlife conservation and management programmes in the country. (more…)
INDUSTRY says the decision to lift restrictions on access to foreign goods and the lowering of tariffs on the same, threatens to reverse the gains attained by the local manufacturing sector in the past few years. (more…)
THE Zimbabwe Investment and Development Agency (ZIDA) is working on a policy and regulatory framework for special economic zones (SEZs) through a partnership with the International Finance Corporation (IFC). (more…)
ONE of Zimbabwe’s fastest growing off-grid energy companies, Zonful Energy (Zonful), says it expects to access new lines of international funding and investments after being shortlisted for the Ashden Awards 2022. (more…)