THE Zimbabwe National Chamber of Commerce (ZNCC) has called on Harare to strategically balance its ambitious industrialization drive with sustainable practices. (more…)
ZIMBABWE'S dairy sector, despite achieving remarkable growth in milk production, is struggling to access the working capital needed for further expansion and efficiency improvements. (more…)
TREASURY has revised upwards growth of the manufacturing sector to 2,5 percent this year, from an initially projected 1,6 percent, to reflect the expected positive impact of the substantial investments underway in both existing and new plant and machinery. (more…)
GLOBAL borrowing costs – of between eight to 12 percent – have impacted Zimbabwe's economy to a point of compounding its debt situation, officials say. (more…)
FINANCE minister Mthuli Ncube’s mid-term fiscal policy statement which he presented last week has received mixed responses from key stakeholders. (more…)
Invictus Energy (Invictus) has secured the backing of Mutapa Investment Fund (Mutapa) and Mangwana Capital in its US$10 million capital raise to develop the Cabora Bassa project in Zimbabwe, considered to be one of the biggest onshore discoveries in the region. (more…)
THE Zimbabwe Revenue Authority (Zimra) collected ZiG1,25 billion through the intermediated money transfer tax (IMTT) during the half year ended June 30, 2024, surpassing the set target by 41 percent driven by increased electronic-based transactions. (more…)
ZIMBABWE recorded a 112 percent increase in foreign investment inflows to US$268,8 million during the half year to June 2024, from US$126,8 million recorded in the prior period, official figures show. (more…)
By Prisca Tshuma Staff writer FINANACE minister Mthuli Ncube has announced plans to list securities, such as green bonds social bonds, diaspora bods and debt swaps, on the Zimbabwe Stock Exchange and the Victoria Falls Stock Exchange. (more…)