Parly pushes for USD IMTT cut

PARLIAMENT is actively pushing for the reduction of the intermediated money transfer tax (IMTT) on US-dollar transactions from the current two percent to 1,5 percent to encourage deposits, chairman on budget committee Lincoln Dhliwayo has said. He said this at the Annual Tax Review Breakfast Meeting hosted by our sister business paper The Financial Gazette on Friday,…

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Construction sector adopts new tech

CONSTRUCTION industry experts say Zimbabwe is integrating technology into the sector to attract both domestic and international investment. The industry is evolving through the adoption of green technologies, including solar energy and rainwater harvesting, alongside modern materials such as light gauge steel. In an interview, the president of the Zimbabwe Building Contractors Association, Tinashe Manzungu,…

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Zimbabwe charges toward clean energy

ZIMBABWE is making strides in clean energy adoption, with a growing shift toward renewable and environmentally friendly power sources, par­ticularly in urban areas, the minister of Energy, July Moyo, has said. Speaking to the Daily News yesterday ahead of today’s commencement of the Sadc Sustain­able Energy Week 2026, Moyo said the use of green energy…

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The asymmetry of credit rating transitions

By Ephraim Chawoneka AS conversations start about the need for Africa-based credit rating agencies, expectations are naturally rising in the state. Stakeholders hope that locally established agencies will better show regional realities, development priorities, and reform efforts. However, before these expectations convert into assumptions, it is very important to address a structural feature of credit…

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Government pushes for blended agric financing

THE government is pushing for blended finance solutions in agriculture to reduce risk in Zimbabwe’s financial sector and widen farmers’ access to capital. High interest rates have long constrained agricultural financing, leaving many farmers unable to secure loans until the introduction of state-backed schemes such as command agriculture, later renamed the national enhanced agriculture productivity…

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Electronic money transfers surge

ZIMBABWE’S digital payment transactions rose by 23 percent in December 2025, driven largely by a surge in high-value electronic transfers, central bank data show. The increase underlines the growing dominance of the national payments system in managing the country’s liquidity flows. During the review period, the total value of digital payment transactions climbed to ZiG275,38…

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