finance

Customs duties and transfer pricing in Zim

By Simbarashe Hamudi IN Zimbabwe, the imposition of customs duties on imported goods is governed by the Customs and Excise Act. Additionally, excise duty is levied on certain locally manufactured goods and other imported goods falling under the excise tariff, even if they are entered under trade agreements. The applicable rates of customs and excise…

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Aim higher, pension funds told

THE Insurance and Pensions Commission (Ipec) has urged the pensions industry to move away from passive capital preservation and focus on generating real returns through active management and strategic diversification. In Zimbabwe, passive capital preservation is centred on protecting retirement savings from high inflation and currency depreciation, a necessary response after pension funds lost significant…

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Why humans are the biggest security risk

By Godfrey Nyoni WHEN people think about cybersecurity, they often imagine sophisticated hackers, dangerous computer viruses, and complex technical systems hidden behind screens. In reality, however, the biggest weakness in most digital environments is not the technology itself but the human being using it. Across Zimbabwe, many cyber incidents do not succeed because systems are…

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Pension funds should come out of hibernation

ZIMBABWE’s pensions industry stands at a critical inflexion point. For much of the past decade, pension funds have understandably adopted a defensive posture, focused almost exclusively on capital preservation in an environment marked by inflationary shocks, currency instability and eroded confidence. That caution was rational and, indeed, necessary. However, as inflationary pressures show signs of…

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‘VFEX reboot tied to fresh listings’

THE country’s equity market recovery is increasingly dependent on new listings at the Victoria Falls Stock Exchange (VFEX), rather than migrations from the Zimbabwe Stock Exchange (ZSE), as tight monetary policy and structural constraints continue to limit overall market appeal, First Mutual Wealth (FMW) has said. This development would mark a strategic shift by issuers…

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Gloomy jobs outlook for developing economies

THE World Bank says that growth in developing countries, including Zimbabwe, is progressing at a significantly slower pace than needed to effectively absorb the expanding young population into the job market. This comes as the Washington-based lender projects growth in developing economies to slow to four percent this year from 4,2 percent in 2025. It…

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Zimbabwe urged to explore hemp biochar

ZIMBABWE’s efforts to secure reliable and affordable electricity are facing growing pressure from rising demand, climate-related shocks and continued reliance on a narrow energy mix, prompting renewed calls for alternative and climate-resilient energy solutions. Energy experts urged the government to consider integrating hemp-derived biochar into the country’s renewable energy framework, arguing that the approach could…

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