ZSE, SMEDCO partner to broaden access to capital for SMEs

THE Zimbabwe Stock Exchange Limited (ZSE) and the Small and Medium Enterprises Development Corporation of Zimbabwe (SMEDCO) have signed a Memorandum of Understanding (MoU) to accelerate the formalisation and funding of local startups and small businesses. Under the agreement, the institutions will collaborate to provide emerging enterprises with a structured pathway to raise capital through…

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State courts China for new city

ZIMBABWE is seeking Chinese financing and partnerships to accelerate the development of the Mt Hampden New City project. This comes as the Mt Hampden New City project forms part of the government’s broader vision to establish a modern administrative and economic centre outside Harare, with a focus on smart infrastructure, technology-driven industries and long-term investment…

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State to revive community ownership trusts

GOVERNMENT is set to relaunch community ownership trusts to ensure local populations benefit directly from mining and rural industrialisation. The trusts were first introduced between 2011 and 2013 under the Indigenisation and Economic Empowerment Act as empowerment vehicles designed to enable communities to share in the benefits derived from the exploitation of natural resources in…

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Zinara eyes US$473 million toll revenue boost

THE Zimbabwe National Road Administration (Zinara) targets collecting US$473 million by late 2026, having already cleared US$190 million by mid-year. Speaking to the media on the sidelines of the Public Entities Boards and Corpo­rate Governance Performance review meeting in Bulawayo at the weekend, Zinara board chairperson George Manyaya said the authority had already disbursed US$134…

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The cornerstone of cross-border taxation

Simbarashe Hamudi IN an increasingly globalised econ­omy, businesses regularly operate across borders, expanding into for­eign markets through branches, projects, agents, and digital infrastructure. Yet one critical question continues to shape…

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