DELTA Corporation (Delta) is advocating for the government to extend to locals the fiscal incentives currently available for foreign investors to ensure level taxation and inclusive participation in the economy. The current fiscal framework includes several provisions that incentivise external investors as part of the government’s efforts to attract foreign investment flows amid limited domestic…
THE Cold Storage Company is scouting for a turnaround specialist to stir its operations back to profitability following years of loss-making. The state-owned beef producer under the Mutapa Investment Fund is among key strategic national assets earmarked for recapitalisation following its exit from corporate rescue in October last year after successful interventions. “The successful candidate…
GLYTIME Foods has emerged as a notable case study in Zimbabwe’s agro-processing investment landscape, following a current cumulative US$6 million commitment to the development of a modern superfoods manufacturing facility…
THE introduction of a Digital Services Withholding Tax (DSWT) on electronic services provided by foreign firms is helping to level the playing field for online businesses, experts say. The DSWT, which officially came into effect on January 1, 2026, following amendments to the Value Added Tax Act, is a tax collection mechanism applied to digital…
MINING companies operating in Zimbabwe should leverage their rich resource assets to attract funding from global capital markets, analysts have said. This comes amid worsening global geo-political developments that have deepened economic uncertainty and pushed demand for minerals, mainly gold, as a hedging asset. In this regard, dually-listed Caledonia Mining Corporation was recently able to…
FIRST Capital Bank (FCB) says the proposed sale of its stake in Makasa Sun Hotel, formerly Kingdom Hotel in Victoria Falls, is still pending as regulatory approval has not yet been granted. FCB entered into a share purchase agreement with ASB Hospitality LLC in September last year for the disposal of its shareholding in Makasa…
By Leonita Mhishi WHEN the cool winds sweep through Harare’s new housing estates or dance past the rooftops of an innovative office block, there’s a quiet revolution happening in Zimbabwe’s built environment — one that goes beyond bricks and mortar. It is a transformation that challenges how we build, where we build, and why we…
By Simbarashe Hamudi THE taxation landscape is witnessing a notable transformation with the introduction of regulatory measures specifically aimed at enhancing compliance among proprietors leasing land or premises to presumptive taxpayers. This shift is particularly embodied in the provisions outlined in Part IIIB of the Finance Act, specifically sections 25F to 25J, which establish a…
THE Financial Gazette will host its Annual Tax Review Breakfast Meeting on 20 February 2026 at the Rainbow Towers Hotel in Harare. Renowned for providing critical insights into Zimbabwe’s taxation landscape, the…
VICTORIA Foods anticipates a robust recovery supported by improved harvests expected this year and new operational strategies to offset steep earnings decline that has rocked the food processor recently. Following a 26 percent operational decline during the year ended September 30, 2025, due to a debilitating drought, the outlook for this year looks promising, thanks…
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