THE Agricultural Marketing Authority (AMA) has reported that its Village Business Units (VBUs) have generated a promising US$65 797 in sales, showcasing the initiative’s effectiveness in promoting market-led farming and boosting rural livelihoods. The VBUs, created to establish direct market linkages for small-scale farmers, are helping them reach new buyers and improve their incomes. “We…
UNDERSTANDING the implications of Zimbabwean tax collection measures requires an appreciation of a taxpayer’s obligation and the extent of the revenue authority’s administrative powers. From the point of assessment by the revenue authority, a taxpayer needs to navigate the complex tax provisions to ensure both compliance and protection of its rights. Tax collection measures are…
CALEDONIA Mining Corporation says results from its Motapa exploration project are “encouraging” after it highlighted the presence of widespread gold mineralisation over a combined strike length of more than nine kilometers. Motapa is an exploration project acquired in November 2022, located directly adjacent to the group’s Bilboes gold project in southern Zimbabwe. The project was…
AXIA Corporation (Axia) says its diesel consumption has significantly dropped thanks to a strategic decision to diversify its energy mix and evade over dependance on “costly” diesel-power generators amid rolling electricity cuts in the country. Zimbabwe has endured prolonged power blackouts of up to 16 hours per day this year resulting in industry incurring additional…
THE Treasury has allocated US$1,9 million this year to recapitalise Zimbabwe Women’s Microfinance Bank Limited (ZWMB), aiming to expedite government guarantees and prescribed asset status for the institution. This comes as Zimbabwe Women Parliamentary Caucus (ZWPC) chairperson, Maybe Mbohwa, has called for support for ZWMB in mechanising smallholder women farmers. While financial inclusion has been…
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