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Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 19 Jun 2025 at 11:24hrs | 1281 | by Staff reporter
Zimbabwe exporters sound alarm over tough new forex rules
Zimbabwean exporters are facing fresh turbulence following the government's move to tighten foreign currency controls - scrapping critical export incentives and enforcing tougher surrender requirement...Published: 05 Jun 2025 at 11:34hrs | 2968 | by Staff reporter
'ZiG must go'
The Zimbabwe Gold (ZiG) currency is facing mounting pressure from the business community, which is advocating for its removal due to increasing volatility, despite the Reserve Bank of Zimbabwe's (RBZ)...Published: 24 Oct 2024 at 08:02hrs | 2208 | by Staff reporter
'ZiG a game changer for economy'
President Mnangagwa has hailed the Zimbabwe Gold currency (ZiG), backed by gold, as a robust strategy for achieving currency stability and fostering economic growth. Speaking at the 10th CEO Africa Ro...Published: 17 Jun 2024 at 08:56hrs | 1 | by Staff reporter
Mutapa portfolio grows to 66 companies
The Mutapa Investment Fund (Mutapa) manages a diverse portfolio of 66 state-owned enterprises (SOEs), their subsidiaries, and state-invested enterprises (SIEs). This portfolio includes entities in var...Published: 16 Jun 2024 at 09:13hrs | 39 | by Staff reporter
Mnangagwa urges Zimbabweans to trust the ZiG currency
President Emmerson Mnangagwa has urged industry leaders to trust in the Zimbabwe Gold (ZiG) currency, introduced to replace the unstable Zimbabwean dollar. Speaking at the 10th CEO Africa Roun...Published: 14 Jun 2024 at 07:21hrs | 9 | by Staff reporter
'Be proud of being Zimbabwean'
President Mnangagwa, speaking at the 10th CEO Africa Roundtable conference in Victoria Falls, urged Zimbabweans to be proud of their country's progress despite 24 years of illegal sanctions. He highli...Published: 14 Jun 2024 at 07:08hrs | 3 | by Staff reporter
Mnangagwa to grace CEO Africa Roundtable
President Mnangagwa will headline the 10th annual CEO Africa Roundtable in Victoria Falls, focusing on the impact of Artificial Intelligence (AI), boosting trade through the African Continental Free T...Published: 12 Jun 2024 at 06:36hrs | 4 | by Staff reporter
American chamber scouts for opportunities in Zimbabwe
THE CEO Africa Roundtable (CEO ART) has roped in an American-based organisation, Atlanta Black Chambers (ABC), in an investment scouting programme in the country.The Zimbabwe embassy in the Un...Published: 12 Mar 2024 at 05:13hrs | 3 | by Staff reporter
African-American investors eye Zimbabwe opportunities
Zimbabwe is set to benefit from investments valued at more than US$500 million in several sectors of the economy from a group of African-American owned businesses that have set their eye on the local ...Published: 11 Mar 2024 at 04:52hrs | 4 | by Staff reporter
Mnangagwa knows what to do
THE CEO Africa Round Table meeting, which was held in Victoria Falls recently week, raised some interesting questions and brought out some perspectives for our political leadership to consider....Published: 03 Nov 2023 at 14:57hrs | 19 | by Alfonce Mbizwo
Mnangagwa says Zimbabwe will continue to enjoy peace
President Mnangagwa delivered a reassuring message to the nation, affirming that Zimbabwe will continue to bask in the current peaceful and harmonious environment, a result of the recent credible and ...Published: 13 Oct 2023 at 06:25hrs | 2 | by Staff reporter
'Zimbabwe to revert to local currency'
President Mnangagwa has declared that Zimbabwe is poised to shift back to employing its local currency as the exclusive legal tender, abolishing the multi-currency system. He underlined the significan...Published: 13 Oct 2023 at 06:24hrs | | by Staff reporter
Mnangagwa reiterates call for mono-currency
President Mnangagwa has announced that Zimbabwe will transition back to using its local currency as the exclusive legal tender, discontinuing the multi-currency system. He emphasized that a country's ...Published: 13 Oct 2023 at 06:12hrs | 4 | by Staff reporter
Zimbabwe business calls on presidential poll loser to concede defeat
ZIMBABWE'S industries this week called for a peaceful post-election period, as they made a passionate plea to frontrunners in the presidential poll to concede defeat and help the country focus on rebu...Published: 29 Aug 2023 at 08:12hrs | 4 | by Staff reporter
Zimdollar dollar budget will fuel inflation
AFRICA Economic Development Strategies executive director Gift Mugano has warned that the proposed $3,4 trillion 2023 national budget will fuel inflation and deepen the economic crisis in the southern...Published: 08 Nov 2022 at 05:09hrs | 1 | by Staff reporter
Air Zimbabwe seeks suitors for long-haul aircraft
AIR Zimbabwe, the country's State-owned carrier, is courting potential takers to lease out its long-haul aircraft, as part of efforts by the national airline to consolidate its revenue base as it emer...Published: 08 Nov 2022 at 05:02hrs | | by Staff reporter
Mnangagwa to headline CEO Africa Annual Roundtable
PRESIDENT Mnangagwa is set to headline the CEO Africa Annual Roundtable 2022 to be held in Victoria Falls from 2 to 5 November. The event is being hosted by the CEO Africa Roundtable, a high-l...Published: 09 Oct 2022 at 07:54hrs | 3 | by Staff reporter
SA blackouts bleed Zimbabwe industry
ZIMBABWEAN industries, already battered by a long running economic crisis, have been thrown off balance by rolling blackouts in South Africa, which escalated this week, briefly grounding trade....Published: 23 Sep 2022 at 19:24hrs | 4 | by Staff reporter
Mnangagwa's govt throws industry under the bus
THE decision by the government to open up importation of basic commodities by citizens together with a six month suspension of duty on various products will have a damaging impact on the revival of th...Published: 21 May 2022 at 18:27hrs | 2 | by Staff reporter
Zimbabwe industrialists expose gaps in Mnangagwa's re-engagement push
CALLS for government to get serious with its re-engagement drive have intensified, with industrialists and economists reminding President Emmerson Mnangagwa's administration to avoid building ties wit...Published: 06 Feb 2022 at 06:57hrs | | by Staff reporter
Zimbabwe on verge of redollarisation?
GOVERNMENT's failure to resolve a perennial currency crisis could push Zimbabwe back into dollarisation, analysts warned yesterday.In the past year, markets have been increasingly rejecting th...Published: 02 Feb 2022 at 05:33hrs | 11 | by Staff reporter
RBZ promotes use of Zimdollar
RESERVE Bank of Zimbabwe (RBZ) governor, Dr John Mangudya, says the central bank is working on measures to promote the use of local currency to reduce demand for foreign exchange for domestic transact...Published: 30 Jan 2022 at 08:17hrs | 1 | by Staff reporter
RBZ rules out interbank rate
THE Reserve Bank of Zimbabwe (RBZ) has ruled out using an interbank-driven exchange rate, saying a rate determined at the foreign currency auction system would remain in force.An interbank rat...Published: 28 Jan 2022 at 06:00hrs | | by Staff reporter
Business sector plagued by uncertainty
THE country's business sector says the year is difficult to plan for given the uncertainty that looms on the horizon, particularly with the country girding for potentially disruptive by- elections....Published: 19 Dec 2021 at 07:09hrs | 8 | by Staff reporter
ZNCC pushes for fuel tax cuts
THE Zimbabwe National Chamber of Commerce (ZNCC) this week escalated business's push for an overhaul of the tax regime, as it warned the government that high fuel import taxes could hold back industri...Published: 13 Nov 2021 at 05:53hrs | 10 | by Staff reporter
Businesses told to comply with bank rate
RESERVE Bank of Zimbabwe (RBZ) Deputy Governor Dr Kupukile Mlambo has urged captains of industry and businesses to comply with the foreign currency auction exchange rate and price reasonably to avoid ...Published: 31 Oct 2021 at 06:56hrs | | by Staff reporter
CEOs mount plan for US$3,2 trillion bloc
ZIMBABWEAN CEOs last week urged domestic industries to mount aggressive strategies to unlock big opportunities brought by January's launch of the African Free Trade Area (AfCFTA), a US$3,2 trillion ma...Published: 04 Oct 2021 at 05:53hrs | 1 | by Staff reporter
Mnangagwa to address African CEOs
ABOUT 700 participants, 500 virtually and 200 physically are set to attend the 7th edition of the CEO Africa Annual Roundtable and Awards, with President Mnangagwa expected to deliver the key note add...Published: 03 Oct 2021 at 08:13hrs | 1 | by Staff reporter
Firms fingered in abusing forex auction fight back
COMPANIES which were this week accused by the Reserve Bank of Zimbabwe (RBZ) of abusing the funds obtained from the foreign currency auction market have strongly refuted the allegations and are seekin...Published: 18 Jun 2021 at 13:03hrs | 1 | by Staff reporter
'Zimbabwe hurtling towards stagflation'
LAST week the CEO Africa Roundtable (CEOART) gathered some of Zimbabwe's best economists and industrialists to digest economic developments during the first quarter of 2021. What came out of the summi...Published: 04 Apr 2021 at 09:44hrs | 4 | by Staff reporter
State entities dominate forex allocations, says Cross
STATE firms and government departments are collecting a significant amount of funds allocated at the Reserve Bank of Zimbabwe (RBZ)'s foreign currency auction system weekly, crowding out the private s...Published: 29 Jan 2021 at 07:03hrs | | by Staff reporter
Mnangagwa pleads with business
President Emmerson Mnangagwa this week extended the begging bowl to the private sector to fund the importation of coronavirus vaccines amid a rise in new infections of the virus with deaths breaching ...Published: 28 Jan 2021 at 06:54hrs | 1 | by Staff reporter
Mthuli Ncube should increase 2% tax to 5%, says Eddie Cross
ECONOMIST Eddie Cross Friday left business executives and other invited guests at the CEO Africa Roundtable in Harare, in shock after he proposed that Finance Minister Mthuli Ncube must increase trans...Published: 05 Dec 2020 at 06:23hrs | | by Staff reporter
Zimbabwe eyes 7% growth in year 2021
FINANCE minister Mthuli Ncube stuck to his 7,4% gross domestic product (GDP) growth target when he presented the 2021 National Budget yesterday, tipping most of the growth to be driven by strong recov...Published: 27 Nov 2020 at 07:13hrs | 1 | by Staff reporter
Mthuli Ncube in tough balancing act
FINANCE minister Mthuli Ncube will find it difficult to balance the books during the last half of the year after he unveiled a supplementary budget envisaging huge spending on agriculture, analysts ha...Published: 04 Aug 2019 at 14:13hrs | | by Staff reporter
Mixed feelings over Zimdollar return
The move was bold, and many did not see it coming.In a bid to defend the new and fledgling Zimbabwean dollar against black market speculation, the country's Finance minister on June 25 outlawe...Published: 07 Jul 2019 at 21:19hrs | | by Al Jazeera
Mnangagwa's PR bid a futile exercise, say analysts
THE decision by President Emmerson Mnangagwa's government to employ a public relations consultancy firm to lobby for the scrapping of United States sanctions is futile as the real solution lies in imp...Published: 15 Mar 2019 at 17:13hrs | 8 | by Staff reporter
Mnangagwa, Mthuli Ncube lost opportunity at CEO's meeting
The reported anger by captains of industry when President Emmerson Mnangagwa and finance minister Mthuli Ncube snubbed the recent CEO Africa Roundtable meeting in Victoria Falls is understandabl...Published: 03 Mar 2019 at 01:02hrs | 1 | by Maxwell Sibanda
Zimbabwe's business people must actively consider running for Parliament,
Zimbabwe's business people must actively consider running for Parliament, a former United Nations under-secretary general has said, adding it would be their only path to influence public policy as the...Published: 17 Feb 2019 at 16:13hrs | 1 | by Staff reporter
Anger at Mnangagwa over CEOs snub
President Emmerson Mnangagwa yesterday cancelled his planned trip to attend the CEO Africa Roundtable in Victoria Falls, amid a worsening economic crisis stirring resentment to his rule.He cit...Published: 17 Feb 2019 at 16:10hrs | 2 | by Staff reporter
Zimbabwe unlikely to renew Bureau Veritas deal
Bureau Veritas's contract is unlikely to be renewed as Zimbabwe's private sector continues to raise consternation over increasing business costs due to the implementation of the Consignment Based Conf...Published: 17 Feb 2019 at 07:44hrs | | by Staff reporter
Mnangagwa ducks CEO Africa roundtable
PRESIDENT Emmerson Mnangagwa yesterday ducked the prestigious CEO Africa round table conference, which ran over the past three days in Victoria Falls.Over 300 business leaders from across the ...Published: 16 Feb 2019 at 20:11hrs | 3 | by Staff reporter
Calls for Zimbabwe to join Rand Monetary Union grow
Zimbabwe must seriously look into the possibility of joining the Rand Monetary Union as the central bank mulls introducing a fresh monetary policy tool to alleviate foreign currency shortages, the hea...Published: 15 Feb 2019 at 14:44hrs | | by Staff reporter
Business complicit in Zimbabwe's economic woes
CHIEF executive officers from across the African continent have been meeting in the resort town of Victoria Falls for the last three days in a bid to find lasting solutions to the economic crisis faci...Published: 15 Feb 2019 at 08:23hrs | 1 | by Staff reporter
Biti warns of Rwanda-scale genocide in Zimbabwe
MDC deputy national chairman Tendai Biti has likened the recent brutalisation of civilians by the security forces to the Rwanda genocide of 1994 which claimed 800,000 lives.He was speaking dur...Published: 14 Feb 2019 at 08:07hrs | 1 | by newzimbabwe
CEOs call for dialogue between Mnangagwa and Chamisa
BUSINESS executives in the country have called for a national dialogue to address the challenges facing the country. The call follows last week's meeting between President Emmerson Mnangagwa and losin...Published: 14 Feb 2019 at 07:16hrs | | by Staff reporter
Mnangagwa to attend CEO Africa Roundtable
MORE than 400 company executives drawn from across Africa are next week expected to converge in the resort town of Victoria Falls for the annual CEO Africa Roundtable, whose aim is to deliberate on th...Published: 05 Feb 2019 at 06:37hrs | | by Staff reporter
Top executives for Victoria Falls CEO Roundtable
The CEO Africa Roundtable is holding its annual gathering from February 13 to 15 in the resort of Victoria Falls, with business persons set to discuss two key topics - discovering new opportunities an...Published: 28 Jan 2019 at 11:16hrs | | by Staff reporter
Mthuli Ncube's monetary measures could stabilise currency, but drive inflation
THE monetary policy measures announced earlier this week could help strengthen currency and bring down parallel market rates as officially hoped. But they could also further undermine price stability ...Published: 05 Oct 2018 at 06:42hrs | | by Staff writer
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