finance

‘Shareholders should back Econet’s delisting’

Advertisements ECONET Wireless Zimbabwe’s proposal to delist from the Zimbabwe Stock Exchange (ZSE) should be supported by shareholders as it is in their interests, experts have said.Advertisements This comes as the proposal has triggered spirited debate among shareholders, policymakers and market analysts. The telecommunications giant believes that its shares are trading at a significant discount to…

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Government calls for stronger energy cooperation

Advertisements STRONGER Sadc collaboration is critical to unlocking energy efficiency and strengthening power supply across southern Africa, the government says.Advertisements 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…

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Zim suspends lithium concentrate, raw mineral exports

Advertisements ZIMBABWE has suspended all raw mineral and lithium concentrate exports with immediate effect, a move expected to strengthen in-country value addition.Advertisements 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…

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Understanding domestic minimum top-up tax

Advertisements By Simbarashe Hamudi Advertisements 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…

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