THE Zimbabwe Revenue Authority (Zimra) has given taxpayers a nine-day grace period to voluntarily disclose undeclared income or tax for last year. This comes amid concerns by the tax collector of systemic corruption, smuggling, and tax evasion, continuing to cripple authorities’ revenue mobilisation efforts and to sabotage national development. In a notice yesterday, Zimra said…
STEADFAST fiscal discipline and unwavering policy predictability are prerequisites for attracting investment and unlocking rapid economic transformation in the country, Vice President Constantino Chiwenga has said. Speaking at a business conference, during the ongoing Zimbabwe International Trade Fair (ZITF), Chiwenga added yesterday that the government also remained seized with further building confidence in the economy…
ZIMBABWE posted a 26 percent increase in cotton production to 77 212 metric tonnes in the 2025/2026 farming season, compared to the previous season of 61 289 metric tonnes, attributable to improved delivery payments. Cotton is a vital crop in Zimbabwe’s agricultural sector, acting as the second-highest export earner after tobacco and supporting over 400,000…
MORE than 80 percent of property transactions in Zimbabwe were conducted in cash during the first quarter of 2026, underscoring constrained mortgage availability, First Mutual Wealth (FMW) has said. Mortgage availability in Zimbabwe remains limited, largely catering to formally employed individuals and the diaspora. Lenders continue to favour US dollar-denominated loans over local currency facilities…
ZIMBABWE’S first-ever gold exchange-traded fund (ETF) is set to be listed on the Victoria Falls Stock Exchange (VFEX) on May 8, 2026, offering an opportunity for local investors to gain offshore commodity exposure. The ETF, managed by First Mutual Wealth (FMW), opened its public subscription targeting US$10 million on Wednesday this week and is scheduled…
ARIANA Resources has appointed Michael Atkins as its new chair with immediate effect, as its moves to expedite the development of its flagship Dokwe Gold Project in Zimbabwe. Atkins, previously non-executive deputy chairman, replaces Michael de Villiers, who steps down as chairman after 13 years and moves into the deputy chairman role while remaining company…
ZIMBABWE’S healthcare reforms must hinge on patient-centred policies, which keep the sector financially viable than fresh funding, Cimas Health group chief executive Vulindlela Ndlovu says. This comes amid worrying statistics that nearly 90 percent of the country’s population is uninsured, disease costs are rising, and there is mounting pressure on public infrastructure or hospitals. “But…
A ONE-STOP border post must be urgently established at the Plumtree-Ramokgwebana crossing to eliminate bottlenecks that continue to hamper trade between Zimbabwe and Botswana. So said Botswana President Duma Gideon Boko in Harare yesterday, during the 5th session of the Zimbabwe-Botswana Bi-National Commission (BNC). He added that growing investment flows between the two countries demanded…
TELECEL Zimbabwe has invited interested investors to bid for a stake in the company as it seeks fresh capital injection to bolster operations and return to profitability. The country’s third-largest mobile network operator went into corporate rescue in October 2025 due to unsustainable debts. Prospective investors have until April 28, 2026, to place their bids,…
NEDBANK Zimbabwe has announced the appointment of Betty Murambadoro as managing director, replacing Sibongile Moyo, who stepped down in January. The financial institution said Murambadoro is a seasoned banking executive with extensive experience in senior leadership roles spanning corporate banking, investment banking, and client coverage within the mining sector. She brings a strong track record…
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