finance

Industry welcomes fee cuts

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…

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Buy Zimbabwe lauds export ban

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…

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VAT on fringe benefits

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…

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Growth outlook cheery: Experts

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…

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