finance

Government calls for stronger energy cooperation

STRONGER Sadc collaboration is critical to unlocking energy efficiency and strengthening power supply across southern Africa, the government says. Speaking at the Sadc Sustainable Energy Week in Victoria Falls on Tuesday, the minister of Energy, July Moyo, called for strengthened partnerships between member states. “We applaud the progress made to date in unlocking energy efficiency,…

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Zim suspends lithium concentrate, raw mineral exports

ZIMBABWE has suspended all raw mineral and lithium concentrate exports with immediate effect, a move expected to strengthen in-country value addition. In a statement, the Minister of Mines Polite Kambamura said the ban was taken in the national interest to ensure value addition and accountability in the mining sector. He instructed the Zimbabwe Revenue Authority,…

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Understanding domestic minimum top-up tax

By Simbarashe Hamudi AS Zimbabwe navigates its complex economic landscape, the introduction of the Domestic Minimum Top-Up Tax represents a pivotal shift in the country’s taxation framework. This new tax regulation, aimed at large multinational enterprises (MNEs), is designed to ensure that these entities contribute a fair share to the nation’s revenue, ultimately enhancing fiscal…

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Diplomacy key to export-led growth

THE government says Zimbabwe is repositioning its exporters as the frontline drivers of economic diplomacy as the country intensifies efforts to secure global market presence. Speaking at the ZimTrade exporters conference, the Minister of Foreign Affairs, Amon Murwira, said the country’s diplomatic engagements were now firmly anchored on trade, investment, and industrial development. “The nation…

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