UNIFREIGHT Africa (Unifreight) says its revenue for the year is on course to hit record levels after posting a 19 percent increase in the third quarter ended September 30, 2025, on solid performance from new business units. The establishment of two new strategic business units (the 4PL logistics brokerage and a dedicated Cross-Border transport division)…
THE Competition and Tariff Commission (CTC) is finalising a safeguard investigation into rising imports of toothpaste after a local manufacturer complained last year, a senior official has said. Assistant director for tariffs, Cicilia Mashava, said the probe began after Merken, a domestic producer of Merken-branded toothpaste, sought protection from growing import volumes. “On the toothpaste…
…urges construction sector to innovate THE Zimbabwe Building Contractors Association (ZBCA) president, Tinashe Manzungu, has challenged the construction sector to evolve or risk being left behind. Speaking during the launch of the ZBCA Academy in Nyanga recently, Manzungu said the survival of the construction sector hinges on quickly adapting to the existing fluid operating environment. “Innovation…
KUVIMBA Mining House (KMH) says it has secured strategic partners to fund a US$270 million lithium processing plant at its Sandawana Mines in Mberengwa, which will be executed under a build, operate and transfer arrangement. KMH, a subsidiary of Mutapa Investment Fund, Zimbabwe’s sovereign wealth fund, however, did not disclose the investors, stressing that the…
THATON Properties executive chairman, Benson Nyaumwe, says the knowledge and expertise of Zimbabweans in the Diaspora are crucial in the transformation of the country. Nyaumwe — the first African to build the first Radisson Blu hotel in Africa, in South Africa, in 2006 —is leading a new project, 2267 Lifestyle Estate, which recently scooped three…
THE Zimbabwe Revenue Authority (Zimra) should develop sector-specific strategies to bring startups, micro-operators and small enterprises into voluntary tax compliance, an official has said. Deputy minister of Finance, Kudakwashe Mnangagwa, highlighted the urgent need for a focused approach, noting that approximately 70 percent of the national economy currently remains informal or hidden from the tax…
ZIMBABWE should endeavour to participate in the global digital and artificial intelligence (AI) ecosystem by leveraging its abundant red metals, which are crucial for energy transmission and high-speed data communication, experts say. Red metals are non-ferrous metals that include copper, brass, and bronze, distinguished by their reddish hue and have unique properties that interconnect in…
By Professor Mandivamba Rukuni ZIMBABWE’S agrifood system is in the middle of at least five interlinked transformations that are gathering speed. 1. Rapidly growing urban and rural agglomerations with rising per capita incomes; 2. A changing diet — consumers are eating more diverse, higher-value foods; 3. Fast evolution in post-farm systems for processing, marketing and…
By Simbarashe Hamudi IN Zimbabwe, the taxation landscape for companies undergoing reconstruction is shaped by specific legislative provisions that facilitate asset transfers and corporate reorganisations without incurring capital gains tax. Section 15(1)(a) of the Capital Gains Tax Act provides a mechanism for the conversion of foreign companies into Zimbabwean-incorporated entities. When ownership of a specified…
THE government has approved the importation of cement to address critical national shortages. Speaking in the National Assembly on Wednesday, the minister of Audit and Skills, Paul Mavima, who was the acting leader of government business, said the Cabinet approved cement importation with immediate effect. “This is a matter that the Cabinet discussed yesterday (Tuesday)…
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