November 28, 2024
THE inaugural Financial Gazette Executive Dialogue (FED) takes place on November 6 with expectations stakeholders will get a cue from the country’s tax collector on the direction of revenue collection in the crisis-torn economy, which has experienced a slump in fiscal receipts since dollarisation in 2009. The country…
MOVEMENT for Democratic Change (MDC-T) insiders have raised eyebrows at the ad hoc formation of a stand-alone constitutional thematic committee on the sidelines of the party’s congress which hastily prepared amendments to the movement’s supreme law under the smokescreen of “institutional transformation”. The committee pushed through constitutional amendments…
CHINESE business interests in Zimbabwe received a major boost recently after President Robert Mugabe re-emphasised his government’s position to allocate the lion’s share of crucial capital projects to Sino multinationals. With billions of United States dollars worth of capital projects, Chinese construction firms and banks have evolved into…
THE European Union has lifted its 12-year suspension of direct financial aid to the government of Zimbabwe, imposed after allegations of rights abuses by President Robert Mugabe’s administration, an EU official announced recently. Officials said this is a major step towards the normalisation of ties but hastened to…
SENIOR Minister of State in the Office of the President, Simon Khaya-Moyo, has reiterated calls to improve conditions of service for air traffic controllers, saying they play a key role in the growth of the country’s tourism sector. Air traffic control is a service provided by ground-based controllers…
THE state owned diamond miner, Marange Resources owes the tax collector $3,7 million from 2010 while government has no board representation in two Chiadzwa diamond mines despite holding a significant stake in both, the latest Auditor-General’s report has shown. The AG’s financial report for parastatals for the year…
ZIMBABWE is in talks with the International Monetary Fund (IMF) in a bid to build foreign reserves. While foreign currency reserves play a significant role in leveraging a local currency, this is not the case in Zimbabwe due to the use of the multi-currency system. Having foreign currency…
THE infighting in ZANU-PF has dealt a body blow to the country’s troubled economy as key players in the governing party have taken their eyes off the ball to concentrate on either defending or enlarging their turfs. ZANU-PF is currently in the throes of a bitter succession fight…
A FEW years ago, Mozambique was one of the most ridiculed southern African countries. Following years of a devastating civil war, its economy was failing and the country’s citizens ventured out to other countries, particularly Zimbabwe and South Africa for jobs. Some Mozambican citizens permanently settled in Zimbabwe.…
ZIMBABWE Revenue Authority (ZIMRA) commissioner general, Gershem Pasi will be the keynote speaker at the inaugural Financial Gazette Executive Dialogue (FED) series scheduled for November 6. His address will focus on “Taxation and business as a milestone to economic revival.” The event comes at a time when there…
