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Stanbic Bank Steps up efforts to promote International Trade
Harare - 20 November 2024 - Leading financial services institution, Stanbic Bank Zimbabwe has stepped up efforts to promote international trade by launching an e-book which guides locals on how to sou...Published: 19 hrs ago | 87 | by Agencies
Mnangagwa says mineral-rich countries must not remain poor
As the world transitions toward renewable energy, Zimbabwe and other mineral-rich nations must not remain impoverished but should harness opportunities to drive sustainable growth, President Emmerson ...Published: 14 Nov 2024 at 09:24hrs | 98 | by Staff reporter
Zera blitz nets 300 smuggled LPG cylinders
THE Zimbabwe Energy Regulatory Authority (Zera) has seized 300 smuggled liquefied petroleum gas (LPG) cylinders from South Africa and Botswana for failure to conform to set local standards.The...Published: 07 Nov 2024 at 07:04hrs | 1047 | by Staff reporter
Zimbabwe unveils industrial growth blueprint for automotive sector
The Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP), a targeted economic manufacturing initiative, has outlined key strategies to boost domestic production of buses and trucks. Running from...Published: 30 Oct 2024 at 07:52hrs | 105 | by Staff reporter
Zimbabwe suspends duty on bus, lorry tyre imports
The Zimbabwean government has suspended import duty on commercial tyres for buses and lorries in a bid to strengthen the public transport system. The move, announced by Finance, Economic Development a...Published: 23 Oct 2024 at 07:48hrs | 474 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 621 | by Staff reporter
Zimbabwe injects US$64m into foreign currency market
The Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the foreign exchange market in response to a growing demand for hard currency, ensuring that all bona fide foreign currency applicati...Published: 20 Sep 2024 at 07:49hrs | 240 | by Staff reporter
Zimbabwe tackles transit fuel fraud head-on
The Zimbabwean government has implemented new regulations requiring all fuel transported by road through Zimbabwe to pay duty and levies at the border. This applies to all types of fuel, including pet...Published: 16 Aug 2024 at 08:12hrs | 108 | by Staff reporter
Zimra tightens vehicle import rules
Starting July 1, 2024, Zimbabwe has implemented new regulations requiring all vehicles imported through border posts like Beitbridge and Plumtree to obtain registration and number plates from the Cent...Published: 03 Jul 2024 at 10:26hrs | 21 | by Staff reporter
Zimbabwe central bank dragged to court over forex
Linda Tsungirirai Masarira has filed an urgent High Court application against the Reserve Bank of Zimbabwe (RBZ), alleging that ordinary citizens are being unfairly constrained in accessing foreign cu...Published: 21 Jun 2024 at 11:30hrs | 10 | by Staff reporter
Zimbabweans enjoy border digitisation gains
The digitization of the Beitbridge port of entry through the Zimbabwe Electronic Single Window (ZESW) platform is significantly improving trade facilitation and clearance efficiency. Introduced in 202...Published: 19 Jun 2024 at 07:23hrs | 1 | by Staff reporter
'Zimbabwe a top 5 gold smuggler'
A recent report titled "On the Trail of African Gold: Quantifying Production and Trade to Combat Illicit Flows" by SWISSAID reveals that Zimbabwe ranks among the top five African countries engaged in ...Published: 03 Jun 2024 at 09:14hrs | 6 | by Staff reporter
Zimbabwe's new ZiG spins markets into trading disruptions and uncertainty
Zimbabwe's newly introduced ZiG currency is causing market disruptions and transaction bottlenecks despite central bank assurances that it is backed by gold and foreign currency reserves, amid sceptic...Published: 09 Apr 2024 at 06:24hrs | | by Staff reporter
Botswana to 'send' 20,000 elephants to Germany
Botswana's president has threatened to send 20,000 elephants to Germany in a dispute over conservation.Angered by proposals in Berlin to restrict the import of hunting trophies, President Mokg...Published: 05 Apr 2024 at 10:16hrs | 9 | by Staff reporter
Zimbabwe to clampdown on imported vehicles
Government has begun mandatory inspections of all imported second-hand vehicles as part of broader assessments to curb the importation of substandard goods into the country.The scope of the ch...Published: 03 Mar 2024 at 08:45hrs | | by Staff reporter
US$15m State House works bill stuns govt
THE government has rejected an invoice for US$15 million submitted by a firm that clinched a deal to construct precast walls at State House, the President's official residence and offices, the Zimbabw...Published: 16 Feb 2024 at 14:57hrs | 455 | by Staff reporter
Zimbabwe restores duty on imported basic commodities
THE Government has restored the payment of import duty on selected basic goods, which fall away from the customs traveller's rebate.A traveller's rebate is a duty-free allowance, which is granted ...Published: 01 Feb 2024 at 18:32hrs | 2 | by Staff reporter
Drones and fast cargo scanners deployed at the Beitbridge Border Post
Drones and fast cargo scanners have been deployed by the Government at the Beitbridge Border Post as it intensifies the use of modern technologies to curb invasive leakages and smuggling through ports...Published: 26 Jan 2024 at 04:38hrs | 13 | by Staff reporter
SA court hears how diesel consignment from British oil company to Zimbabwe 'disappeared'
British oil company BP claimed to have exported a consignment of diesel to Zimbabwe in 2019 - but the fuel never arrived.A case brought by the South African Revenue Service (Sars) in a South A...Published: 17 Jan 2024 at 05:09hrs | 15 | by Staff reporter
Zimbabwe restricts imports of potatoes from South Africa
GOVERNMENT has moved to restrict the importation of potatoes and potato seeds from South Africa following an outbreak of pepper ringspot virus.Pepper ringspot virus affects potatoes."T...Published: 05 Jan 2024 at 12:16hrs | 7 | by Staff reporter
Zimbabwe destroys 36 ostriches, several animals smuggled from South Africa
THE Veterinary Services Department has destroyed 36 ostriches, five peacocks, one bush pig, three parrots, 10 Chinese pheasants and 27 chickens that were smuggled from South Africa into Zimbabwe. ...Published: 28 Dec 2023 at 07:27hrs | 6 | by Staff reporter
Zimdollar decline fueled by surge in money supply
THE Zimbabwe dollar has taken a battering in the past month with economists attributing the depreciation of the local currency to increased money supply after private and public sector employees were ...Published: 24 Dec 2023 at 16:10hrs | 7 | by Staff reporter
Zimbabwe sets minimum standards for unleaded petrol
THE Minister of Energy and Power Development, has adopted the revised ZWS 753:2020 (Unleaded Petrol) standard, as the standard for unleaded petrol RON 93 and all fuel importers are advised that in fiv...Published: 30 Nov 2023 at 06:53hrs | 6 | by Staff reporter
Zimra urges public to follow pre-clearance procedures
The Zimbabwe Revenue Authority (Zimra) has called on vehicle importers to adhere to pre-clearance procedures for all imported vehicles. Pre-clearance involves completing customs import procedures befo...Published: 03 Nov 2023 at 05:38hrs | 15 | by Staff reporter
Zimra struggling to clear long queues at Forbes Border Post
The Zimbabwe Revenue Authority (Zimra) has been struggling to address the long queues that have emerged at the Forbes Border Post in Mutare during the past week due to a road traffic accident at the e...Published: 12 Oct 2023 at 06:34hrs | | by Staff reporter
Zimbabwe suspends duty on fertiliser imports
The government has taken the measure of suspending customs duties on imported fertilizers for a period of 12 months to address the anticipated scarcity of this essential agricultural input.Thi...Published: 11 Oct 2023 at 06:20hrs | 1 | by Staff reporter
Duty free entry for Zimbabwe Exemption Permit holders
ZIMBABWE Revenue Authority (Zimra) has approved a customs clearance system for South Africa-based residents who hold Zimbabwe Exemption Permits (ZEP) to bring their goods to Zimbabwe on duty-free when...Published: 04 Aug 2023 at 06:39hrs | 6 | by Staff reporter
Zimbabwe experienced a significant increase in macroeconomic fluctuations in June 2023
Zimbabwe Coalition on Debt and Development has said Zimbabwe experienced a significant increase in macroeconomic fluctuations in June 2023, with the local currency losing over 55% of its value in both...Published: 25 Jul 2023 at 12:42hrs | 13 | by Stephen Jakes
Zimra closes Kariba border post
The Zimbabwe Revenue Authority (ZIMRA) is on Thursday, 20 July, set to suspend the usage of the Kariba border as a crossing point for a host of stakeholders citing high traffic volumes that have stret...Published: 17 Jul 2023 at 21:41hrs | 6 | by Staff reporter
Zimdollar remains the sole legal tender
THE Government has reiterated that the Zimbabwe dollar remains the sole legal tender and nothing can be billed exclusively in foreign currency without special exemption.This follows the contin...Published: 05 Jul 2023 at 07:14hrs | 18 | by Staff reporter
Border traffic clears as South Africa fixes system
Transporters of commercial cargo who have been experiencing long delays at the Beitbridge Border Post following a technical glitch on the South African side, were eventually cleared yesterday after th...Published: 27 Jun 2023 at 06:37hrs | 2 | by Staff reporter
Cargo delays as SARS system experiences technical glitches
Long distance truck drivers are delays at the Beitbridge Border Post where the South African Revenue Services (SARS) are experiencing glitches in their online customs clearance system.Slow mov...Published: 26 Jun 2023 at 19:34hrs | | by Staff reporter
Beitbridge Border Post automation a game-changer, says Mthuli Ncube
THE automation of services and the implementation of traffic separation at the Beitbridge Border Post have ushered in a new era of efficiency at Zimbabwe's busiest port of entry. Professor Mthuli Ncub...Published: 17 Jun 2023 at 08:05hrs | | by Staff reporter
Mthuli Ncube's import duty waiver on basic goods praised
ZIMBABWEANS have applauded the Government for lifting all restrictions on the import of basic commodities to boost market supplies and granting a 100 percent retention of domestic foreign currency ear...Published: 06 Jun 2023 at 06:17hrs | | by Staff reporter
President Ruto asks Africans to ditch the US Dollar
President William Ruto has asked African leaders to take first steps towards ditching the globally-bullish US dollar by signing up to a pan-African payments system to facilitate trade within the conti...Published: 30 May 2023 at 22:32hrs | | by Erick Matotoba
Beitbridge quarantine centre opens
The Beitbridge Border Post plant and animal quarantine centre is now operational. The facility is part of the US$300 million Beitbridge Border Post modernisation project, which is being undertaken by ...Published: 14 Apr 2023 at 00:01hrs | | by Staff Reporter
Biden claims immunity from SA courts in Zimbabwe sanctions case
The US Embassy in Pretoria has issued a diplomatic note to SA claiming the Johannesburg High Court lacks jurisdiction over the US in the case brought a year ago by the Zimbabwe Anti-Sanctions Movement...Published: 25 Mar 2023 at 15:59hrs | | by Staff reporter
Power outages hit PPC cement sales
REGIONAL cement maker PPC expects sales volumes at its Zimbabwean unit will drop by 14% in the full year compared to the same period last year due to recurrent power outages and grey imports.P...Published: 17 Mar 2023 at 07:28hrs | 1 | by Staff reporter
Imports only occupy 20% shelf space in Zimbabwe?
IMPORTED products have been reduced to 20% on local retail shelves after the government introduced the import substitution policy, a senior government official has claimed.Government promulgat...Published: 15 Mar 2023 at 06:43hrs | | by Staff reporter
Travellers can now take out US$10 000 cash
THE Reserve Bank of Zimbabwe yesterday doubled the amount of foreign currency in cash someone can physically carry on their person or in their baggage out of the country to US$10 000.Far large...Published: 02 Mar 2023 at 05:45hrs | | by Staff reporter
Contractors abandon Zimbabwe road projects
THE Government has expressed concern over some contractors that have abandoned road work projects in various local authorities countrywide citing delays in payment for their work and has urged council...Published: 19 Feb 2023 at 17:33hrs | 6 | by Staff reporter
Zesa mulls switch to forex-indexed power tariff
POWER utility Zesa Holdings Limited wants all of its clients, including industries, to pay their electricity bills in foreign currency to fulfil its power import commitments, Zimbabwe Independent can ...Published: 12 Feb 2023 at 07:26hrs | | by Staff reporter
Namibian Government bans driving of second-hand in transit vehicles
THE Namibian Government has banned driving of second-hand in transit vehicles through that country and such vehicles will now only be transported on a car carrier trailer.The ban comes into ef...Published: 09 Feb 2023 at 20:52hrs | 16 | by Staff reporter
Afri-USA Initiative to launch Mat North Investment guide
The Afri-USA Business Initiative is set to launch the Matebeleland North Investment Guide which is an investment handbook targeting investors in the United States of America and Europe.The Pre...Published: 03 Feb 2023 at 07:39hrs | | by Mandla Ndlovu
ZESA and government corruption and incompetence to blame for perennial power challenges in Zimbabwe
As I write this article, I am preparing for a scheduled eight-hour power outage - from 08:00 to 17:00 hours - and, as can be seen, translates into an enti...Published: 03 Dec 2022 at 11:57hrs | 1 | by Tendai Ruben Mbofana
Zimra goes after buses smuggling goods
Crews and owners of buses caught smuggling goods across the border at Beitbridge face rising fines and the possible seizure of the bus involved as Zimra step up compliance of customs and increasingly ...Published: 30 Nov 2022 at 04:59hrs | | by Staff reporter
Pharmacists behind drug smuggling
A NEW report has revealed that some government-employed pharmacists are running smuggling rackets and use their influence to evade border controls.In a report titled: Infamous by Design: Illic...Published: 31 Oct 2022 at 18:51hrs | | by Staff reporter
Works affect Forbes Border Post
THE Zimbabwe Revenue Authority (Zimra) says installation works for an automatic high-rapid speed boom barrier at Forbes Border Post have affected the border post's traffic handling capacity.Fo...Published: 31 Oct 2022 at 04:52hrs | | by Staff reporter
Zimbabwe govt cancels exemption facility for importers
THE Government says the exemptions letters issued to importers, but without expiry dates, under the Consignment Based Conformity Assessment (CBCA) programme 2022 have expired.The CBCA programm...Published: 03 Oct 2022 at 06:03hrs | | by Staff reporter
Zimbabwe central bank raids banks, firms
THE Reserve Bank of Zimbabwe's Exchange Control Division has raided and penalised top banks and firms for violating exchange control regulations with some companies failing to account for United State...Published: 23 Sep 2022 at 19:25hrs | | by Staff reporter
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