Impact of robotic process automation on accounting

By Jackson Mashinge IN recent months, it has been inspiring to witness accountants actively seeking to upskill in data analytics and artificial intelligence. This trend reflects a seismic shift in the accounting profession, where technology is no longer viewed as a threat but as a catalyst for growth and adaptation. My previous articles have highlighted…

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Tax invoices and the fiscalisation data management system

By Simbarashe Hamudi AS Zimbabwe’s economy evolves, the need for robust tax compliance mechanisms has become increasingly apparent. The introduction of new regulations concerning tax invoices and the Fiscalisation Data Management System (FDMS) represents a significant step toward enhancing tax collection and ensuring that businesses adhere to compliance standards. The Finance Act No. 7 of…

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Cyber recovery vs cybersecurity: The difference

By Godfrey Nyoni MANY people believe cybersecurity is only about stopping hackers from breaking into systems. While this is true, it is only part of the picture. In today’s digital world, no system is completely safe. Even organisations with strong security controls can still be attacked. New malware appears every day, passwords are stolen through…

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‘Growth tied to production, consistency’

SUSTAINED gains in farming and mining, supported by consistent government policy, remain critical to the country’s economic outlook, a securities firm has said. This assessment comes as economic growth is expected to slow to about five percent in 2026, marking a shift from the rapid post-rebound phase towards a more sustainable growth trajectory. Gross Domestic…

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Hwange Units 1-6 set for revival

ELECTRICITY output at Hwange Thermal Power Station’s oldest units, one to six, is projected to more than double following a comprehensive rehabilitation programme. Generation is expected to exceed 700 megawatts upon completion. Currently, the six units produce roughly 300 megawatts, significantly lower than their installed capacity. Hwange Power Station maintenance manager Tonderai Machiwana yesterday explained…

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Industry pushes for bank policy rate cut

THE Reserve Bank of Zimbabwe (RBZ)’s policy rate of 35 percent is increasing the cost of business in the country thereby suppressing growth momentum, the Zimbabwe National Chamber of Commerce (ZNCC) has warned. This comes as authorities have repeatedly stated that they will ‘stay the course’ with regards to a tight monetary policy stance, in…

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Tobacco marketing season opens next month

THE tobacco industry is bracing for another major marketing cycle, with the Tobacco Industry and Marketing Board (TIMB) confirming that growers will receive 70 percent of their earnings in United States dollars and 30 percent in local currency during the 2026 selling season. This comes as growers for the 2025/2026 season planted more than the…

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