NEDBANK Group (Nedbank) has reported a 21 percent increase in revenue for its Southern African Development Community (Sadc) operations, reaching R4,29 million in 2023. This growth was primarily driven by …
finance
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ZIMBABWE’S export-reliant mining sector faces mounting pressure as global commodity prices continue to decline. This trend raises concerns for the country’s economy, which depends heavily on the mining industry for …
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ZIMBABWE’S complex and frequently changing property tax regime is discouraging long-term investment and hindering economic growth, according to the Real Estate Investment Trusts Association of Zimbabwe. Speaking at The Financial …
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THE Zimbabwe Revenue Authority (Zimra) says there has been a notable increase in tax compliance among Small and Medium Enterprises (SMEs). Zimra’s Commissioner of Domestic Taxes, Misheck Govha, shared this …
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ZIMBABWE’S sweeping changes to its Value Added Tax (VAT) system have left businesses and analysts grappling with the implications, particularly as the government pursues a vigorous domestic revenue mobilisation drive. …
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SIMBISA Brands (Simbisa) says it has completed the acquisition of the Eswatini business, previously a franchised market, as the group streamlines its operations. The Victoria Falls Stock Exchange-listed firm’s operations …
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CALEDONIA Mining Corporation (Caledonia) has warned that increased operating costs for 2023 and several significant one-off, non-operating costs in the final quarter of 2023 will see a reduction in profit …
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EDGARS Stores (Edgars) plans for its shares to commence trading on the Victoria Falls Stock Exchange (VFEX) on April 8, subject to shareholder approval at a March 22 extraordinary general …
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INVICTUS Energy says it is preparing to monetise the Mukuyu gas discoveries and further explore the portfolio of multiple drill ready prospects. The ASX-listed miner confirmed the discovery of high-quality …
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VALUE-added Tax (VAT) legislation and its regulations presents a unique interpretation challenge because of its intricate system of classifications of goods and services. Advertisements A correct classification is essential in …
