October 2022

Bridgefort dreads CG tax review

BRIDGEFORT Capital (BFC), formerly MedTech Holdings, has warned that a review of Zimbabwe’s capital gains tax (CGT) to 40 percent, as recently proposed by the Treasury, would “undermine” the country’s capital markets. (more…)

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October 6, 2022

‘This stability is temporary’

Guthrie Munyuki (GM), Jester Media Service group editor-in-chief this week spoke with former Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee member and economist Eddie Cross (EC) about the Zimbabwe economy's difficulties, including currency volatility. The following are extracts from the interview, which aired on 3Ktv's popular Vantage…

October 6, 2022

Tech

EU Parliament approves common charging cable from 2024

European MPs have voted for a law requiring all new portable devices to use the same type of charging cable.…

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October 6, 2022

Companies & Markets

RBZ extends FX market limits

THE Reserve Bank of Zimbabwe (RBZ) is further liberalising the country’s foreign exchange market by increasing amounts that can be traded on the willing-buyer willing-seller system (WBWS), central bank governor John Mangudya has said. (more…)

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October 3, 2022

National Report

‘Infrastructure growth key to Vision 2030’

INFRASTRUCTURE development plays a critical role in promoting economic growth towards the country’s Vision 2030 of becoming a middle-income economy, a Reserve Bank of Zimbabwe (RBZ) official has said. (more…)

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October 3, 2022

Zimbabwe workers lack retirement plan

MOST of Zimbabwe’s formally employed individuals do not have a pension arrangement other than the compulsory “inadequate” state plan, an industry report shows. (more…)

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October 3, 2022

Opinions

Target market and segmentation

A TARGET market is simply defined as a group of consumers for which a product or service is aimed at. Companies that understand their market and target the correct individuals in the said market will always be successful. (more…)

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October 3, 2022

Sport

Indonesia: At least 174 dead in football stadium crush

At least 174 people have died in a crush at an Indonesian football match that has become one of the world’s worst stadium disasters.…

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October 2, 2022

Companies & Markets

New MD to reinvent NBS

NATIONAL Building Society’s (NBS) new managing director Tapera Mushoriwa has singled out reinventing the financial institution as a strategic priority to preserve value for its depositors, clients and shareholders. (more…)

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October 1, 2022

Banks sneeze as interest rates remain high

THE country’s high-interest rates will hit the banking sector loan books hard with financial institutions having an overall liability-sensitive book, a banking sector report has shown. (more…)

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October 1, 2022

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