INVESTMENT-STARVED Zimbabwe is crafting a new law aimed at making it easier for foreign investors to repatriate their profits from the southern African country, The Financial Gazette can reveal. …
finance
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CONSTRUCTION of the Gwayi-Shangani Dam in Matabeleland North is expected to be completed by December this year despite work done being at 36 percent, a government minister has said. The …
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THE Public Accountants and Auditors Board (PAAB) says the recently gazetted Statutory Instrument 33 of 2019, which set an exchange rate of 1:1 between RTGS$ and US dollars, conflicts …
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ZIMBABWE has introduced a new mining law that imposes a double penalty on entities that fail to pay royalties. Mining royalties, a usage-based tax calculated as a percentage of the …
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ZIMBABWE’S trade deficit for January was down by 82 percent compared to the same period last year after a sharp decline in imports from South Africa (SA). Latest trade data …
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TRUWORTHS Zimbabwe says its financial performance for the half year ended January 6, 2019 was dampened by the introduction of a two percent tax on electronic transactions. Its trading expenses …
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THE Zimbabwe National Statistics Agency (ZIMSTAT) plans to start publishing national accounts on a quarterly basis. The move comes after the agency signed a Memorandum of Understanding (MoU) with the …
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AXIA Corporation Limited (AXIA) has partnered businesses that generate foreign currency as part of strategies to grow the company’s volumes going forward, a local equities research firm has said. Due …
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NATIONAL Foods (Natfoods) says the central bank has assumed its US$54,9 million legacy debt owed to a foreign supplier, in a move that will allow the food processor to continue …
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THE current fuel shortages in Zimbabwe are due to temporary lags in the banking system and working capital constraints faced by petroleum dealers, central bank governor John Mangudya has said. …
