finance

‘Taxes push masses to cash’

THE Bankers Association of Zimbabwe (BAZ) has urged the government to review its growing list of levies on digital transactions and services, warning that the charges risk discouraging electronic payments and undermining efforts to formalise the economy.Advertisements Their concerns follow the introduction of new taxes in the 2026 national budget, presented a fortnight ago by…

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ZITF to push for regional integration

THE Zimbabwe International Trade Fair Company (ZITF) has set the stage for the 2026 edition of the Zimbabwe International Trade Fair with a bold theme signalling a strong push toward regional integration and industrial competitiveness.Advertisements The annual trade show, set to run from April 20 to 25, 2026, at the Zimbabwe Conference and Exhibition Smart…

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Govt approves telecoms, broadcasting fees review

THE government is set to review and reduce high fees, levies, and taxes in the telecommunications and broadcasting sectors as part of ongoing ease-of-doing-business reforms.Advertisements Speaking during the last post-Cabinet media briefing in Harare yesterday, Information minister Jenfan Muswere confirmed that Cabinet had approved the review to address burdensome costs within the sectors. “Cabinet approved…

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SECZim to incentivise new listings

THE government says the Securities and Exchange Commission of Zimbabwe (SECZim) will introduce new incentives to attract more company listings, including small and medium-sized enterprises, and promote the listing of bonds on the local stock market.Advertisements Several measures are already in place to draw new listings, notably tax incentives and hard-currency trading on the Victoria…

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Governance quality as catalyst for strong credit ratings

By Ephraim ChawonekaAdvertisements CREDIT ratings are often linked to financial numbers such as revenue, debt, and cash flow. These numbers matter, but they do not tell the full story. Behind every financial result are decisions made by people. These decisions are guided by governance. Good governance plays a strong role in shaping credit ratings. For…

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ICZ pushes for regional insurance uptake

THE Insurance Council of Zimbabwe (ICZ), through the National Bureau of Zimbabwe (NBZ), is aiming to boost Yellow Card uptake by eight percent by the end of next year.Advertisements The Yellow Card provides regional third-party motor insurance cover for vehicles travelling across the COMESA bloc. This follows a strong performance last season, when more than…

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Zim ‘loses US$9 billion’ through raw tobacco exports

ZIMBABWE is losing as much as US$9 billion each year by exporting raw tobacco instead of processing it locally, a senior government official has warned.Advertisements The country’s tobacco sector has hit a historic peak, producing a record 354,9 million kilogrammes this year, earning growers more than US$1 billion. Addressing stakeholders at the Zimbabwe Agricultural Society…

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