ZIMBABWE’s fuel consumption increased significantly in the 11 months to November 2025, with diesel and petrol demand up nearly 30 percent from a year earlier, reflecting stronger economic activity and sustained energy use across key sectors. Latest data from the Zimbabwe Energy Regulatory Authority (Zera) shows that diesel consumption increased to about 1,31 billion litres…
THE ministry of Finance has moved to clarify the application of the recently introduced Digital Services Withholding Tax, directing the Zimbabwe Revenue Authority (Zimra) to align implementation with the original policy intent and avert potential double taxation. This comes after the government introduced a 15 percent levy on payments made to foreign-based digital platforms, effective…
FINANCE Minister Mthuli Ncube has scrapped a proposed levy on cash withdrawals following concerns that the tax would undermine government efforts to promote formal banking and financial inclusion. The Treasury boss, who has a tough job managing the government’s stressed coffers, did not give in to the strong lobby for a reduction in the two…
PHI/IL Integrated Agri (PHI), the agriculture division of Innscor Africa (Innscor) is rolling out a scientific based potato farming model bolstered by a guaranteed supply chain support to account for 75 percent of national production. The government declared potatoes as one of the strategic crops to enhance food security and nutrition at the household and national…
ZIMBABWE’S electricity generation rose by six percent in the third quarter of 2025, driven by stronger output at the country’s main thermal plant and improved performance at hydro facilities, according to the latest data. The southern African nation recorded an improved power supply during the period, resulting in fewer hours of load-shedding. In previous years,…
THE country’s dairy industry recorded strong growth in 2025, but farmers warn that the sector’s long-term viability remains under threat as producer prices continue to lag behind rising production costs. Milk output surged to a record 10,7 million litres in October, lifting cumulative production to 99,6 million litres by the end of that month. The…
THE Zimbabwe International Trade Fair Company (ZITF) has set the stage for the 2026 edition of the Zimbabwe International Trade Fair with a bold theme signalling a strong push toward regional integration and industrial competitiveness. The annual trade show, set to run from April 20 to 25, 2026, at the Zimbabwe Conference and Exhibition Smart…
THE government says the Securities and Exchange Commission of Zimbabwe (SECZim) will introduce new incentives to attract more company listings, including small and medium-sized enterprises, and promote the listing of bonds on the local stock market. Several measures are already in place to draw new listings, notably tax incentives and hard-currency trading on the Victoria…
THE Insurance Council of Zimbabwe (ICZ), through the National Bureau of Zimbabwe (NBZ), is aiming to boost Yellow Card uptake by eight percent by the end of next year. The Yellow Card provides regional third-party motor insurance cover for vehicles travelling across the COMESA bloc. This follows a strong performance last season, when more than…
THE government is calling for increased private bank investment into agriculture, the nation’s economic backbone, while scaling up finance schemes to mitigate lending risks. Speaking at the launch of the…
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