ZIMBABWE is stepping up efforts to increase its soya bean production, amid a growing shortfall that has increased the country’s import bill. Production of the crop, which serves as livestock …
finance
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POWERSPEED Electrical (Powerspeed) expects to post a profit for the half-year to March 2021, having lately seen a recovery in sales volumes. The company’s hardware retail chain, Electrosales, has been …
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ZIMBABWE’S palladium production increased by 600kg in 2020 to 12 000kg — worth about US$900 million — despite a seven percent decline in global output, the US Geological Survey (USGS) …
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Columns & CommentEconomics & Market Intelligence
Economics & Market Intelligence: Our beef with government interventions
As a research house, we have maintained a strong stance that government interventions are a major factor contributing to inefficiencies in the operation of markets. Generally, economic inefficiencies can be …
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https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-268702.mp3?cb=1732295270.mp3The Value Added Tax system is premised on documentation such as tax invoices, credit and debit notes. There are, however, instances wherein some VAT transactions can be accounted for without …
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Agriculture minister Anxious Masuka recently outlined a new mandate for the Agriculture Marketing Authority (AMA) as the government holds high expectations for the agricultural sector to anchor the country’s economic …
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ZIMBABWE’S trade deficit increased by US$75 million to US$590 million in 2020, data released by the Zimbabwe National Statistics Agency (Zimstats) shows. Total imports during the year were US$4,98 billion, …
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BANKS say they are not snubbing credit guarantees being offered by the government to lend to the private sector to mitigate the effects of Covid-19 and to back major national …
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ZIMBABWE’S pension funds are primed to offload much of their equity holdings this year in response to liquidity issues confronting them, a wealth management firm has said. Due to inflation …
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NON-performing loans in Zimbabwe are set to rise as the economy contracts due to the effects of Covid-19 lockdown restrictions on business activity, a securities trading firm IH Securities says. …