THE government is set to launch a local content strategy aimed at increasing the use of local raw materials in the country’s manufacturing sector. Speaking in the National Assembly recently, the minister of Industry, Mangaliso Ndhlovu, said the new policy will encourage companies to use materials produced in Zimbabwe. “We will soon be launching what…
THE Reserve Bank of Zimbabwe (RBZ) has unveiled its new and upgraded ZiG notes, as it strives to improve cash availability in the country and to entrench the wider use of the domestic currency in the economy. In addition, the central bank will introduce higher denominations of the ZiG, to enhance transactions and to engender…
THERE is a specific kind of silence that falls over a cricket ground when an underdog stops being an “opponent” and starts being a “threat”. On Thursday at the MA…
MINORITY shareholders of Econet Wireless Zimbabwe Limited, both institutional and retail, on Thursday voted overwhelmingly to approve the group’s voluntary delisting from the Zimbabwe Stock Exchange (ZSE). The resolutions attracted over 95 percent support at an extraordinary general meeting held in Harare. The special resolution to delist and migrate to an Over-the-Counter (OTC) trading platform…
By Bothwell Nyajeka OVER the next few weeks, many banks and listed companies will begin publishing their audited financial results for the year ended December 2025. For most boards, this…
NATIONAL Handling Services of Zimbabwe (NHS) is looking to diversify its operations and build new revenue streams to ensure long-term growth. In an interview with The Financial Gazette, NHS chief executive Phillip Rambakudzimbwa said the company plans to move beyond its predominantly ground-handling business, which relies heavily on airlines, and expand into the transport and…
By Godfrey Nyoni CYBERCRIME is increasing rapidly across the world, and Zimbabwe is no exception. Online scams, mobile money fraud, fake Facebook pages, hacked WhatsApp accounts, and phishing messages are…
THE Julius Robinson Trophy — which serves as the season opener for the Zimbabwe Golf Association (ZGA) amateur — will take place at Wingate Park Golf Club in Harare from…
ZIMBABWE’s fiscal authorities should benchmark their tax policies against those of regional countries to ensure the domestic economy remains competitive and attractive to investors, tax experts have said. This comes as the Treasury has been widely criticised for its recent slew of novel taxes covering digital services, sugar content in beverages and fast foods, among…
LOW tax compliance in the country is depriving the fiscus of billions of US dollars every year, hampering economic growth and weakening the government’s ability to provide key public services, experts say. Speaking in Harare last week, at the annual tax review meeting, which is organised by The Financial Gazette — the country’s number one…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More