PRESIDENT Emmerson Mnangagwa’s decision to parcel out a fifth of the chrome mining claims which were expropriated from Zimbabwe Alloys (ZimAlloys) to war veterans has received condemnation, with analysts warning …
finance
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THE Insurance and Pensions Commission (Ipec) says it has issued the industry with guidelines on revaluation of assets and liabilities in response to recent currency changes for the benefit of …
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ZIMBABWE is under-estimating the likely economic impact of coronavirus on the fragile country, as the pandemic has emerged as one of the biggest threats to major economies, analysts say. While …
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THE government’s recent suspension of the fungibility of Old Mutual (OM), PPC and SeedCo International (SeedCo) shares is further evidence of Zimbabwe’s incoherent policies, which will also impair the country’s …
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CAFCA Limited (Cafca), received an adverse opinion from its auditors for its financial results for the year to September 30, 2019 due to challenges related to currency changes, a report …
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ZIMBABWE’s inflation is likely to continue rising this year on the back of multi-pronged pressures on the economy, the Confederation of Zimbabwe Industries (CZI) has said. In an analysis of …
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Columns & CommentEconomics & Market Intelligence
Suspension of fungibility: A blow to Zimbabwe’s capital markets
IN our recently published article entitled, The fallacy of economics by coercion — where we discuss the issue of placing a 90-day lock in period on Old Mutual Limited (OML) …
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https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-253627.mp3?cb=1732288833.mp3THE acquisition of a motor vehicle by an employee from an employer at below market value of the vehicle represents a taxable benefit to the employee. The taxable benefit to …
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Columns & CommentLegal Matters
Abolish harmful monopolies in the economy
by Hilary Muzaby Hilary MuzaTHE Competition Act (“the Act”) was passed almost a decade ago in 1996 after government had awakened to and realised the harmful nature of monopoly situations in our economy. At …
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https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-253468.mp3?cb=1732288832.mp3PRIOR to 2019, only persons who were not VAT registered operators and those consuming or utilising imported services to produce exempt supplies would bear the burden of VAT on imported …
