THE role of women in our society has evolved over the years. From climbing the corporate ladder to occupying key offices in government, there is no field in which women have not proved themselves. The same can be said about their different journeys to become entrepreneurs, which often comes with a lot of challenges. As…
THE Tobacco Industry Marketing Board (TIMB) says production of the golden leaf faces viability challenges emanating from a high cost of production fuelled by currency challenges obtaining in the country. TIMB chief executive Meanwell Gudu told a media briefing this week that the volatility in the currency market was a major concern for farmers. “The…
https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-279853.mp3?cb=1732288249.mp3Non-resident tax on fees is withheld in terms income tax laws in Zimbabwe. The fees should be paid from a source within Zimbabwe to a non-resident. A non-resident person is a person other than the company, a partnership or foreign company not ordinarily resident in Zimbabwe. A person includes a juristic person i.e. a company,…
SOME of the fears that local business expressed about the Russia-Ukraine conflict last week are already coming to pass, with Zimbabwe’s economy beginning to feel significant heat from the strife. This comes as the cost of doing business in the country, as well as prices of many goods and services are rising anew, in response…
THE CBZ Holdings’ (CBZ) Exchange Traded Fund (ETF) had a strong start on the Zimbabwe Stock Exchange (ZSE), with gains of 123 percent during its first four trading sessions. Units of the country’s third ETF started trading on Friday at $1 and closed yesterday at $2,23. ETFs are managed funds that track the performance of…
ZIMBABWE’s cattle herd grew by 0,6 percent last year, following the launch of a five-year Livestock Growth Plan running up to 2025, which is expected to give sustainable solutions to challenges faced by ranchers and farmers. In a post-Cabinet briefing this week, Information minister Monica Mutsvangwa said the national head grew from 5,478 648 million…
ZIMBABWE National Chamber of Commerce (ZNCC) says the re-opening of land borders comes as a relief for local firms that were facing rising costs in sourcing key raw materials and consumables from the region. Though the country’s land borders with Botswana, Mozambique, Zambia and South Africa remained open for commercial traffic, companies witnessed significant downtime…
ZIMBABWE’S largest financial services group, CBZ Holdings (CBZ), is planning to introduce a Real Estate Investment Trust (REIT), after the successful launch of its Exchange Traded Fund (ETF) last week. REITs are companies that own or finance income-producing real estate, which have to meet a number of requirements, and offer a number of benefits to…
ZIMBABWE, through the Department of Veterinary Services (DVS), and with support from the Food and Agriculture Organisation (FAO) and the European Union (EU), has launched a 10-year integrated national ticks and tick-borne disease control strategy. Tick-borne diseases (TBDs) are responsible for huge economic losses in cattle assets and farm savings in Zimbabwe. They account for…
NUFERT says it can produce up to 20 000 tonnes of its eco-friendly fertiliser, EcoBlack Urea, as the country battles to ease the current production deficit of about 210 000 tonnes of top dressing fertiliser. Zimbabwe currently uses mainly ammonium nitrate for top dressing but supplies have had to be augmented by imports to meet…
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