THE Zimbabwe Revenue Authority (Zimra) says it is concerned about the growing number of taxpayers who are failing to declare sales in the currency of trade as domestic US dollar …
finance
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NATIONAL Foods Holdings (NatFoods) has applauded the multi-currency environment, saying it has improved operational sustainability. The fiscal authorities legalised the multi-currency system last year, making both the US dollar and …
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GOVERNOR of the Reserve Bank of Zimbabwe, John Magudya, says demand for foreign currency under a multi-currency system remains insatiable, but he revealed that the country has so far mopped …
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THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) says tariffs are nearly entirely to blame for the country’s power shortages, which the state utility maintains are not viable. Speaking at …
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ECONET Wireless (Econet) says it invested US$66 million as part of its network modernisation programme in the year ended February 28, 2023. The country’s largest telecommunications company has invested over …
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Turnall Holdings (Turnall) says it is finalising the procurement of a fibre-cement sheeting plant and a Glass Reinforced Plastic (GRP) pipe plant this year in a bid to expand its …
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THE Famine Early Warning Systems Network (Fewsnet) sees the sustained depreciation of the Zimbabwe currency as a danger to food security for some low-income households, according to an update from …
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WITH mining experiencing a downturn in the first quarter due to myriad challenges, in particular a huge power deficit in the economy, interest in new minerals such as lithium is …
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THE Treasury says the complete re-dollarisation of the economy will make it difficult for local businesses to join the Africa Continental Free Trade Area (AfCFTA) and remain competitive. The Zimbabwe …
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LISTED timber producer Border Timbers posted a 125 percent growth in revenue to $7,6 million for the nine months ending March 2023 driven by the consistent quality of the kiln …
