PRIVATE sector contractors to the government are calling for a set-off arrangement to clear their rising tax liabilities emanating from non-payment by the latter for services rendered.Business executives at The Financial Gazette’s Annual Tax Review Breakfast Meeting a fortnight ago said a set-off agreement between the government and its contractors could help alleviate the debt…
THE United Nations Development Programme (UNDP) is partnering with CBZ Holdings to push for impactful investment in Zimbabwe’s key sectors.The initiative focuses on renewable energy, agriculture ─ especially tobacco ─ and lithium mining, analysing their internal rates of return.“We are working with CBZ and other partners to see if we can get impact investment in…
ONE of South Africa’s largest real estate firms, Chas Everitt International, is expanding to Zimbabwe and will soon open an office in Harare.The property group said the expansion is driven by Zimbabwe’s steady economic recovery and the surge in mining, tourism, and agriculture, attracting affluent buyers and investors to the local real estate market.“In addition,…
It’s the age-old debate – which is the biggest football club in Britain? Is it the one with the most trophies? The one with the highest revenue, or the greatest social media following? The biggest stadium, or the best average league position? Or perhaps it’s a happy medium of all those things. Most importantly, it’s…
President Donald Trump has threatened to impose tariffs of 25% on US imports from countries that purchase oil from Venezuela. Trump described the move as a “secondary tariff” aimed at punishing the Latin American country “for numerous reasons”, including allegedly “purposefully” sending gang members to the US. Separately, Trump suggested he was softening his plans…
South Africa looks set for much better growth in 2025 thanks to increased spending and investment, according to analysts at Absa Group, though a cooling of relations with the US…
South Korean carmaking giant Hyundai has unveiled $21bn (£16.3bn) of investment in the US just days before President Donald Trump is set to impose new tariffs on trading partners. The…
The crypto market has evolved at a blistering pace in the last five years, with exchanges offering mobile apps, educational material, much improved security, and fairly easy to use trading…
RENOWNED economist and businessman Eddie Cross says authorities must expeditiously de-dollarise to save the economy from implosion. Speaking to Group Editor-In-Chief Guthrie Munyuki on his widely followed news and current affairs programme, Vantage, on national independent commercial television station, 3Ktv, Cross said dollarisation was a threat to the country’s productive sector.Below are excerpts of the…
CASSAVA Technologies announced today that it plans to build Africa’s first AI factory — a powerful and super-secure data centre facility powered with NVIDIA AI computing technology. This will give…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More