THE country’s economic outlook for the fourth quarter of 2025 remains overall positive, supported by notable growth in agriculture and mining, business says. This comes as Zimbabwe has revised its economic growth forecast for this year upwards, with the latest projections now at 6.6 percent — a significant rebound from the slowdown experienced in 2024.…
ZIMBABWE recorded a 548,8 percent decrease in the trade deficit to US$30,8 million for September 2025 from the August 2025 surplus of US$6,9 million, latest data shows. According to the Zimbabwe National Statistics Agency (ZimStat) latest data, exports in September amounted to US$850,5 million, a decrease of 3,1 percent from the August 2025 value of…
THE Zimbabwe Investment and Development Agency (Zida) licensed a total of 2 197 projects with a cumulative projected investment of US$38,66 billion between January 2022 and September 2025. Out of the projects, the investment agency said 363 with a cumulative projected investment of US$4,74 billion were monitored during the period. “Notably, a single project, Magcor…
TELECEL Zimbabwe (Telecel) has been placed under voluntary corporate rescue to rehabilitate its operations, burdened by debts and lawsuits, following a resolution by the board at a recent meeting. The telecommunications firm has experienced a decline in fortunes in recent years due to lack of investment in infrastructure upgrades, leading to substantial losses in market…
ZIMBABWE’s annual inflation in ZiG eased 50 percentage points to 32,7 percent in October from 82,7 percent in September 2025, official data shows. The slowdown brings inflation closer to the Reserve Bank of Zimbabwe’s 20 percent December 2025 target. The Zimbabwe National Statistics Agency said monthly inflation was -0,4 percent in October compared to -0,2…
THE Mine Ventilation Society of Zimbabwe is holding its two-day Annual General Meeting and Symposium starting today in Bulawayo. Effective ventilation in underground mines has historically been crucial for ensuring worker safety by removing hazardous gases, dust, and other contaminants. Nevertheless, in Zimbabwe, the current legislation is outdated and insufficiently clear, leading to gaps in…
ZIMBABWE’s consumer goods sector is projected to grow significantly next year, driven by the rebound in agriculture, favourable gold prices and spillovers from expected good rains, economic research firm Morgan & Co has said. In its Zimbabwe Consumer Goods Sector Report for 2026, the research firm said the growth will also be supported by several…
THE Agricultural Marketing Authority (Ama) has moved to allay public fears over possible bread price increases, clarifying that new grain importation regulations introduced this year will not trigger any rise in the cost of basic commodities. The clarification comes after the National Bakers Association of Zimbabwe (NBAZ) recently warned that plans to increase the price…
ZIMBABWE produced 88,9 million litres of milk in the first nine months of 2025, a five percent increase from the 85,05 million litres produced in the comparable period last year, official figures show. According to the Dairy Services Department, September 2025 recorded the highest monthly production to date, at 10,57 million litres. This was also…
By Simbarashe Hamudi THE concept of remuneration is fundamental in the context of employment and taxation in Zimbabwe. Defined under Paragraph 1(1) of the 13th Schedule to the Income Tax Act, remuneration encompasses all forms of compensation for services performed by an employee. This broad definition includes not only cash payments but also various non-cash…
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