By Bothwell Nyajeka ABOUT 10 years ago, I experienced my first cybersecurity incident. It started with what appeared to be an innocent email sent to our finance department. The message…
INDUSTRY says new regulations on business fee cuts will address long-standing cost drivers and administrative bottlenecks within the retail and wholesale sectors. The government promulgated Statutory Instrument (SI) 41 of 2026, effectively dismantling the multi-licence requirement that has long hindered business growth. Under the new regulations, business owners will no longer be required to pay…
BUY Zimbabwe has hailed the government’s ban on raw mineral exports, saying it was a decisive policy shift aimed at boosting local beneficiation and industrial growth. The intervention, announced last week by Mines minister Polite Kambamura, suspended the export of unprocessed lithium amid concerns that some operators were accelerating shipments ahead of a previously set…
ZIMBABWE clinched two prestigious global accolades at ITB Berlin 2026, affirming its status as a premier travel destination. The southern African nation walked away with Destination of the Year –…
By Simbarashe Hamudi THE treatment of Value Added Tax (VAT) on fringe benefits provided by employers to employees is a topic of considerable importance and complexity. Section 17(3) of the…
THE Reserve Bank of Zimbabwe’s latest monetary policy statement (MPS) will foster sustainable economic growth and the wider use of the ZiG, experts say. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts also applauded the central bank this week for increasing…
SIMBISA Brands (Simbisa) is strengthening its cost optimisation efforts to protect margins pressured by multiple taxes and increased operational expenses. The Victoria Falls Stock Exchange-listed regional fast food restaurant chain has also been offering various promotional activities, including discounted prices to customers, which has inadvertently impacted margins. In Zimbabwe, the group’s largest market, contributing 72…
ZIMBABWE maintained its positive trade momentum in January 2026, recording its fourth consecutive monthly trade surplus of US$114 million, latest figures show. While maintaining a surplus streak, the January performance represents a 52,6 percent decrease from the US$240,1 million surplus recorded in December 2025. According to the Zimbabwe National Statistics Agency (Zimstat), the country’s January…
By Memory Nguwi MOST boards have a charter. Very few actually use it in any meaningful way. In many organisations, the only time a director reads the charter is during…
THE government is concerned about the threat from illegal seed dealers and unlicensed buyers to the country’s key tobacco industry. Opening the 2026 tobacco marketing season in Harare yesterday, the minister of Finance Mthuli Ncube said these nefarious activities needed to be stopped at all costs. This comes after the first tobacco bale fetched US$4,60…
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