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Replace unsafe Honda Fits with Kombis
Stakeholders within Zimbabwe's transport sector are advocating for the government to implement a budgetary support scheme aimed at encouraging small operators to exchange their unsafe, unregistered ta...Published: 20 Nov 2024 at 06:51hrs | 327 | by Staff reporter
Chamisa's candidate disqualified from Victoria Falls by-election
The independent candidate for the upcoming Victoria Falls council by-election, Ephias Mambume, has been barred from contesting after a court ruled that he was ineligible due to unpaid council rates. T...Published: 19 Nov 2024 at 12:58hrs | 809 | by Staff reporter
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 164 | by Staff reporter
'TTI operating at a loss in Bulawayo'
Tendy Three Investments (TTI), the company contracted to manage parking bays in Bulawayo, is reportedly operating at a significant loss and has proposed a drastic shift in its public-private partnersh...Published: 15 Nov 2024 at 08:38hrs | 1978 | by Staff reporter
Calls for stronger regulation of Starlink's expansion in Africa
The rapid expansion of Starlink's satellite internet services across Africa has prompted a growing chorus of concern from local industry experts, telecommunications companies, and internet service pro...Published: 14 Nov 2024 at 09:52hrs | 468 | by Staff reporter
Confidence in Zimbabwe gold currency hits historic low
Confidence in the Zimbabwe Gold (ZiG) currency has dropped to an all-time low, a member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee has admitted.Introduced in April this ye...Published: 14 Nov 2024 at 09:52hrs | 1780 | by Staff reporter
Why fuel prices are high in Zim
The Zimbabwe Energy Regulatory Authority (Zera) has attributed the country's high fuel pump prices to the substantial tax burden and levies applied to petrol and diesel, compared to other countries in...Published: 12 Nov 2024 at 11:00hrs | 1509 | by Staff reporter
CIO car smuggling case drags on
A vehicle smuggling case, which implicates several officers from various law enforcement agencies, including the Central Intelligence Organisation (CIO), was postponed last Thursday after the state in...Published: 10 Nov 2024 at 11:00hrs | 446 | by Staff reporter
Zimra goes after influencers, tourism players
The Zimbabwe Revenue Authority (Zimra) has initiated a comprehensive campaign to assess the tax compliance of various tourism stakeholders, including social influencers, as part of efforts to ensure a...Published: 08 Nov 2024 at 06:59hrs | 151 | by Staff reporter
'Sovereignty ego maintaining Zimbabwe's ailing ZiG'
Zimbabwe is facing a profound economic crisis largely rooted in its insistence on maintaining currency sovereignty, even as the nation clings to a failing local currency, experts warn. Nkanyezi Ndlovu...Published: 30 Oct 2024 at 10:36hrs | 891 | by Staff reporter
UDC accuses BDP of 'smuggling' Zimbabweans in buses to rig Botswana vote
As Botswana prepares for its general elections tomorrow, the opposition Umbrella for Democratic Change (UDC) is raising serious allegations against the ruling Botswana Democratic Party (BDP). The UDC'...Published: 30 Oct 2024 at 09:54hrs | 1036 | by Staff reporter
Zimbabwe's gold output surges 33%
Zimbabwe's gold production surged by 33 percent in the third quarter of 2024, with output rising to 10.3 tonnes, compared to 7.7 tonnes in the previous quarter, according to official data from Fidelit...Published: 30 Oct 2024 at 07:53hrs | 148 | by Staff reporter
RBZ rubbishes Chamisa lawyer's claims on ZiG
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed that the Zimbabwe Gold (ZiG) currency remains the country's legal tender, dismissing speculation that it had expired following the lapse of Statutory ...Published: 29 Oct 2024 at 07:25hrs | 354 | by Staff reporter
New Zealand's groundbreaking move toward regulating online casinos
The New Zealand government has taken a significant step toward regulating its online casino industry, marking a pivotal moment in the country's gambling landscape. As the popularity of online gambling...Published: 28 Oct 2024 at 13:03hrs | 168 | by Staff Reporter
Zimbabwe's new policy outlines plans to widen tax base
The Zimbabwean government has announced a new policy under the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) to simplify tax models for Small to Medium Enterprises (SMEs). This move aims ...Published: 27 Oct 2024 at 12:18hrs | 264 | by Staff reporter
Zimbabwe needs alternative to US$
Persistence Gwanyanya, a member of the Reserve Bank of Zimbabwe's (RBZ) Monetary Policy Committee, has underscored the urgent need for alternatives to the US dollar as a store of value, highlighting c...Published: 25 Oct 2024 at 14:40hrs | 564 | by Staff reporter
Selling fuel in Zimbabwe's local currency will stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 16:44hrs | 3248 | by Engineer Jacob Kudzayi Mutisi
Selling Fuel in Zimbabwe's Local Currency will Stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 12:32hrs | 6185 | by Engineer Jacob Kudzayi Mutisi
Taxes, fees to be paid in ZiG
The Zimbabwean Treasury is set to implement new measures requiring most taxes and fees to be paid exclusively in the Zimbabwe Gold (ZiG) currency, a move aimed at increasing demand and stabilizing its...Published: 17 Oct 2024 at 09:05hrs | 2516 | by Staff reporter
Mnangagwa's adviser says ZiG is 'doomed', warns RBZ Governor
Local economist and adviser to President Emmerson Mnangagwa, Eddie Cross, has issued a stark warning to Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu, cautioning that the country's new Zim...Published: 15 Oct 2024 at 18:10hrs | 5661 | by Staff reporter
Democrats are trying to fool Americans about Kamala!
The allegories and stories we were taught at school were supposed to teach us something about life and the real world.In one of the masterpieces of all time, Mark Antony addresses Brutus, a co...Published: 13 Oct 2024 at 13:02hrs | 698 | by Kenneth Mufuka
Zimra goes after smugglers
The Zimbabwe Revenue Authority (Zimra) has ramped up its efforts to combat the ongoing smuggling of goods into the country, amid growing concerns over the prevalence of the illegal practice. Despite a...Published: 12 Oct 2024 at 11:17hrs | 153 | by Staff reporter
Zinara claims to be liquid to rehabilitate roads
The Zimbabwe National Road Administration (Zinara) has pledged to continue rehabilitating and constructing roads across the country, assuring the public that it has secured sufficient funds for these ...Published: 10 Oct 2024 at 07:48hrs | 531 | by Staff reporter
Harare stands scandal: More details emerge
More details have emerged regarding the Harare City Council housing stands scandal, revealing that the Registrar of Deeds office has been unable to locate title deeds for the allocated stands. This re...Published: 09 Oct 2024 at 07:45hrs | 2508 | by Staff reporter
Mnangagwa vows to remove barriers to modernisation
Zimbabwe is ready to embrace modern technology to accelerate its modernisation and industrialisation agenda, and the government will remove any obstacles that hinder this objective, President Mnangagw...Published: 08 Oct 2024 at 07:24hrs | 173 | by Staff reporter
'ZiG defence plan doomed'
The introduction of Zimbabwe's gold-backed currency, Zimbabwe Gold (ZiG), has faced a series of severe setbacks, pushing the economy deeper into turmoil, according to a new report by the Confederation...Published: 05 Oct 2024 at 16:35hrs | 2638 | by Staff reporter
ZiG adjustment stabilises prices, claims Mthuli Ncube
The recent adjustment of the exchange rate between the Zimbabwe Gold (ZiG) currency and the United States dollar has successfully stabilised market prices, Finance, Economic Development and Investment...Published: 05 Oct 2024 at 11:29hrs | 164 | 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
Zimra goes after businesses rejecting ZiG
The Zimbabwe Revenue Authority (ZIMRA) has launched a sweeping operation targeting businesses that are evading taxes and undermining the Zimbabwean currency (ZiG or ZWG) by rejecting the local currenc...Published: 27 Sep 2024 at 12:29hrs | 1395 | by Staff reporter
Zimra launches crackdown on economic saboteurs
The Zimbabwe Revenue Authority (ZIMRA) has launched a nationwide blitz targeting businesses that evade taxes and undermine the local currency, the Zimbabwe Gold (ZiG), by either rejecting it or falsel...Published: 27 Sep 2024 at 08:16hrs | 142 | by Staff reporter
No special treatment for Starlink in Zimbabwe
The Zimbabwean government has clarified that Elon Musk's Starlink will not receive any special tax exemptions and will be subject to the same regulations and taxes as local internet service providers ...Published: 25 Sep 2024 at 10:02hrs | 709 | by Staff reporter
Mnangagwa's govt paying lip service to ZWG
In a critical assessment of Zimbabwe Gold (ZWG), industry experts predict that the future post-mortem will reveal the government's own policies as the primary culprit behind the currency's struggles. ...Published: 20 Sep 2024 at 08:02hrs | 460 | by Staff reporter
Can Zimbabwe ZiG-zag away from the USD?
ZIMBABWE'S economy has suffered immensely since 2008, when inflation exceeded a million percent.Since then, the government has made six attempts to adopt a local currency, with the latest comi...Published: 13 Sep 2024 at 16:04hrs | 2769 | by Nkosi Moyo
ZiG exchange premium skyrockets
Leading research firms have raised alarm this week over the ballooning exchange premium for the Zimbabwe Gold (ZiG) currency, with parallels being drawn to the collapse of the Zimbabwe dollar. The rap...Published: 13 Sep 2024 at 16:03hrs | 7515 | by Staff reporter
Mthuli Ncube must explain why some ministries exceeded their approved budgets
Finance, Economic Development, and Investment Promotion Minister Mthuli Ncube has been urged to explain why some government ministries exceeded their approved budgets before mid-year. In a motion on t...Published: 12 Sep 2024 at 08:01hrs | 453 | by Staff reporter
Zimbabwe must be bold in FDI drive
Finance, Economic Development, and Investment Promotion Permanent Secretary George Guvamatanga has disclosed that the government has been inundated with demands from prospective investors seeking Zimb...Published: 09 Sep 2024 at 08:24hrs | 100 | by Staff reporter
The day Sadc failed
THREE weeks ago, the regional bloc,Southern African Development Community (Sadc), hosted the 44th summit in Harare.The summit saw Zimbabwe becoming the chair of the region for the next...Published: 07 Sep 2024 at 10:12hrs | 220 | by Paidamoyo Muzulu
Zimbabwe economy needs robust tax system
The Zimbabwe Revenue Authority (ZIMRA) is pushing for a modernized tax system to address the complexities of Zimbabwe's economy, particularly the predominantly cash-based informal sector. ...Published: 05 Sep 2024 at 07:07hrs | 131 | by Staff reporter
Mnangagwa must fire Mthuli, Mushayavanhu & Guvamatanga, says Zanu-PF activist
South African-based Zanu-PF supporter Kudzai Mutisi has urged President Emmerson Mnangagwa to remove Minister of Finance, Economic Development and Investment Promotion Mthuli Ncube, the Ministry's per...Published: 22 Aug 2024 at 14:59hrs | 3800 | by Staff reporter
ZiG registers gradual growth in transactions
Zimbabwe has seen significant growth in the use of the Zimbabwe Gold (ZiG) currency in domestic transactions since its introduction in April 2024. According to Finance, Economic Development, a...Published: 22 Aug 2024 at 07:04hrs | 159 | by Staff reporter
Zimbabwe treasury defends transit fuel tax
THE new import duty for fuel tankers in transit, paid on entry and refunded on exit, was necessary to curb the abuse of the electronic cargo tracking system, the Permanent Secretary for Finance, Econo...Published: 22 Aug 2024 at 06:28hrs | 239 | by Staff reporter
Zimbabwe National Assembly resumes sitting
The National Assembly of Zimbabwe resumes today after a three-week break, during which the country hosted the 44th SADC Summit at the new Parliament Building in Mount Hampden. The Senate will ...Published: 20 Aug 2024 at 10:28hrs | 47 | by Staff reporter
Zimra mulls severe penalty on tax debts
The Zimbabwe Revenue Authority (Zimra) is considering imposing severe tax penalties to compel public and private entities to settle substantial outstanding tax debts. These debts primarily stem from c...Published: 14 Aug 2024 at 08:31hrs | 174 | by Staff reporter
5 reasons why Zimbabwe is a popular destination
According to the latest data from Zimstat, Zimbabwe saw a staggering 83.2% increase in tourist arrivals in the first quarter of 2024, compared to the same period last year, with South African travelle...Published: 13 Aug 2024 at 07:48hrs | 707 | by Staff reporter
Chamisa wants a political settlement
AS Zimbabwe celebrated Heroes Day, opposition politician Nelson Chamisa (NC) lamented the vast disparities in quality of life and the struggles faced by ordinary citizens.In a wide-ranging int...Published: 13 Aug 2024 at 07:01hrs | 828 | by Staff reporter
Zimbabwe national guilty of running romance fraud schemes in US
A jury has convicted a woman of laundering money from a variety of scams, including romance fraud online.Sherlyn Sims, a/k/a "Sherlyn Dzinzi," is from Zimbabwe, but she set up business in Geor...Published: 07 Aug 2024 at 14:12hrs | 623 | by Staff reporter
Zimra faces significant debt
The Zimbabwe Revenue Authority (Zimra) faces a significant debt of US$421.4 million and ZiG854.72 million from both private companies and public institutions by the end of the first half of 2024. The ...Published: 02 Aug 2024 at 07:04hrs | 218 | by Staff reporter
Zimbabwe Central Bank says usage of ZiG has doubled
The use of Zimbabwe's bullion-backed currency has doubled since it was launched in early April, central bank Governor John Mushayavanhu told the country's Sunday Mail newspaper.The ZiG is now ...Published: 31 Jul 2024 at 07:07hrs | 915 | by Staff reporter
Mthuli Ncube backs down on taxes
The Zimbabwean government has removed value-added tax (VAT) from selected meat products, reduced presumptive taxes for informal traders, and mandated that all government service fees be paid in local ...Published: 26 Jul 2024 at 06:39hrs | 1593 | by Staff reporter
Mthuli Ncube makes bold measures to anchor ZiG stability
The Government has introduced measures to enhance the stability of the Zimbabwe Gold (ZiG) currency, promote its use, and provide tax relief to boost consumer spending and production. In the Mid-Term ...Published: 26 Jul 2024 at 06:32hrs | 365 | by Staff reporter
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