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Lithium rush a crossroads for Zimbabwe's future
Africa, which holds significant estimated shares of the world's total reserves of bauxite (24%), cobalt (49.4%), copper (7%), graphite (21%), lithium (6%), manganese (43%), nickel (4.2%) and rare eart...Published: 24 Jun 2025 at 10:27hrs | 316 | by Sikhululekile Mashingaidze and Stephen Buchanan-Clarke
Cement importer takes Mthuli Ncube to court
Leading cement importer Augutich Investments (PVT) LTD has taken Finance Minister Mthuli Ncube to the High Court, accusing him of unlawfully imposing a 30% surtax on cement imports covered under the C...Published: 31 May 2025 at 14:01hrs | 443 | by Staff reporter
ZITF 2025 generates US$10 million worth of deals
The 65th edition of the Zimbabwe International Trade Fair (ZITF) concluded on a high note yesterday, generating business deals worth up to US$10 million and securing significant trade agreements, rein...Published: 28 Apr 2025 at 12:32hrs | 64 | by Staff reporter
Daniel Chapo courts Zimbabwe investors at ZITF
Mozambican President Daniel Francisco Chapo has emphasized the importance of expanding economic cooperation between Mozambique and Zimbabwe, calling for more robust trade relations and foreign direct ...Published: 28 Apr 2025 at 12:31hrs | 122 | by Staff reporter
Zimra waits for Treasury guidance over US tariff removal
The Zimbabwe Revenue Authority (Zimra) is awaiting formal guidance from the Ministry of Finance, Economic Development, and Investment Promotion regarding the implementation of President Emmerson Mnang...Published: 10 Apr 2025 at 09:09hrs | 131 | by Staff reporter
Mutsvangwa leads Zimbabwean entrepreneurs on weeklong China tour
The Minister of Women Affairs, Community, Small and Medium Enterprises Development, Monica Mutsvangwa, is leading a high-profile delegation of Zimbabwean small and medium enterprises (SMEs) on a weekl...Published: 02 Apr 2025 at 08:48hrs | 90 | by Staff reporter
More trouble for Zimbabwe as Trump makes return
The incoming administration of Donald Trump in the United States has sparked significant interest across Africa, as analysts speculate on how his second presidency will affect the continent's security...Published: 14 Dec 2024 at 12:34hrs | 819 | by Staff reporter
Zimbabwe trade deficit narrows to US$137,7 million
Zimbabwe's trade deficit shrank to US$137.7 million in October 2024, marking a 34.3% decrease from the US$209.5 million recorded in September. This positive trend is attributed to a significant growth...Published: 07 Dec 2024 at 10:33hrs | 526 | by Staff reporter
Dr. Arikana Chihombori: the unsung heroine of Africa
She will never get recognition in Zimbabwe. Zimbabwean women have no vocabulary to appraise Dr. Chohombori breaking the glass-ceiling. The inner jealousy and the inherent envy among us women are so ev...Published: 07 Nov 2024 at 12:52hrs | 410 | by Nomazulu Thata
Why Kamala Harris Lost and How Donald Trump Won: A Deep Analysis of the 2024 US Election
Today I am mourning, but this too shall favour me - Donald Trump's victory and Kamala Harris's loss carry lessons for us all. She joined the race just 107 days ago, facing a former president who began...Published: 06 Nov 2024 at 12:43hrs | 1744 | by Ifeanyi Abraham
Zimbabwean exporters granted duty-free access to UK markets
Zimbabwean exporters have been encouraged to explore new markets and boost exports through the United Kingdom's Eastern and Southern Africa Economic Partnership Agreement (UK ESA EPA), which offers si...Published: 16 Sep 2024 at 13:36hrs | 485 | by Staff reporter
Mohadi meets Chakwera
Vice-President Kembo Mohadi emphasized the importance of ongoing collaboration between Zimbabwe and Malawi to ensure the effective implementation of bilateral trade agreements. Following a mee...Published: 27 Aug 2024 at 07:55hrs | 281 | by Staff reporter
Varun's plea to curb imported energy drinks goes flat
Competition regulators have turned down a request by Varun Beverages, the bottler of Pepsi in Zimbabwe, to restrict imported energy drinks.Imports of energy drinks have surged by over 7 000% s...Published: 03 Dec 2023 at 17:30hrs | 24 | by Staff reporter
Zimra implements electronic single window project
THE Zimbabwe Revenue Authority (Zimra) plans to launch the first implementation stage of Zimbabwe Electronic Single Window (ZESW) in September, a concept introduced last year as part of measures to en...Published: 18 Aug 2023 at 06:55hrs | | by Staff reporter
'Zimbabwe treasury lost $1,6 trillion to tax exemptions'
TREASURY, always in financial distress, lost about $1,6 trillion last year, up 312% compared to the prior year, through tax expenditures consisting of uncollected tax due to exemptions and incentives ...Published: 27 Jul 2023 at 06:39hrs | 1 | by Staff reporter
Zimbabwe signs 13 air trade agreements
PARLIAMENT has approved bilateral air trade agreements with 13 nations, Transport minister Felix Mhona has said.Mhona said the agreements were in terms of section 327 of the Constitution....Published: 14 Jun 2023 at 06:35hrs | 3 | by Staff reporter
Zimbabwe was colonized through a 'mega deal', and happening again with the Chinese and Belarusians
When people talk of colonization, there are those with the misguided notion that this only occurs via military conquest - usually, by a more powerful nation over a far weaker one.Yet, this cou...Published: 02 Mar 2023 at 07:32hrs | 1 | by Tendai Ruben Mbofana
'Zimbabwe has no electronic trade agreements, treaties database'
ZIMBABWE's Foreign Affairs ministry has no electronic database of trade agreements and treaties signed by government, NewsDay has learnt.This was revealed by Foreign Affairs deputy minister Da...Published: 10 Feb 2023 at 05:41hrs | 3 | by Staff reporter
'Mnangagwa too compromised to fight corruption'
BINGA North legislator Prince Dubeko Sibanda says President Emmerson Mnangagwa cannot fight corruption because he is compromised by vested interests of his family's corrupt business undertakings condu...Published: 04 Feb 2023 at 20:16hrs | 3 | by Staff reporter
Mnangagwa associate biggest winner in Zimbabwe-Belarus deals
ZIMBABWE'S honorary consul to Belarus Alexander Zingman, a close associate to President Emmerson Mnangagwa and his counterpart Alexander Lukashenko, was the biggest winner in trade agreements signed t...Published: 04 Feb 2023 at 20:13hrs | 2 | by Staff reporter
Zimbabwe, Zambia to speed up two key power projects
Zimbabwe and Zambia are working to expedite the implementation of two key power generation projects to bring relief to citizens of the two countries who, along with others in the region, have been end...Published: 02 Feb 2023 at 23:02hrs | 2 | by Staff Reporter
Massive NRZ partnership coal deal takes off
Zimbabwe has actualised its railway partnership agreements with Botswana and Mozambique for the enhancement of regional trade among the three countries through the movement of coal from Botswana via Z...Published: 28 Jun 2022 at 07:14hrs | 1 | by Staff reporter
Zimra launches facility to curb graft
THE Zimbabwe Revenue Authority (Zimra) has launched an electronic single window expected to curb corruption at the country's borders as well as improve the ease of doing business while reducing conges...Published: 13 Jun 2022 at 06:43hrs | 1 | by Staff reporter
Which African countries stand to benefit from AU-EU Summit?
AFRICA has a huge opportunity: The EU's new strategy for critical raw materials calls for diversification in supply chains, potentially opening up a big market for Africa's lithium, graphite, cobalt, ...Published: 25 Feb 2022 at 07:10hrs | 13 | by Conrad Onyango
One year of free trading in Africa calls for celebration despite teething problems
Wamkele Mene, Secretary-General AfCFTA Secretariat, says significant progress expected in 2022.Free trading under the auspices of the African Continent...Published: 19 Feb 2022 at 08:41hrs | | by Kingsley Ighobor
ZimTrade predicts exports growth
TRADE development and promotion agency, ZimTrade, says Zimbabwe's exports will continue on the growth trajectory experienced throughout this year until December.The growth has been underpinned...Published: 10 Oct 2021 at 06:55hrs | | by Staff reporter
Chidavaenzi captures Mugabe's legacy in latest book
Title: Chasing The Wind ISBN: 978-0-7974-79594-6In November 2017, a "powerful wind" orchestrated by the military chased Zimbabwe's long-time ruler, the...Published: 19 Sep 2021 at 08:45hrs | 4 | by Fungayi Sox
Treasury loses $112 billion to dodgy crony tax exemptions
TREASURY, always in financial dire straits, lost about ZW$112 billion in potential revenue last year (approximately US$1.3 billion on the official exchange rate) through tax expenditures consisting of...Published: 10 Sep 2021 at 18:52hrs | 13 | by Staff reporter
Why Buy from Zimbabwe
ZIMBABWE'S economy is well diversified and the country is a reliable and competitive supplier of a wide range of minerals, agricultural products, manufactured goods as well as value-added services....Published: 21 May 2021 at 06:11hrs | 2 | by Staff reporter
Excessive taxation driving fuel prices up
On the 5th of April, the Zimbabwe Energy Regulatory Authority (ZERA) announced new pump price ceilings for fuel on the local market. The maximum pump price for Diesel is now ZW$111.77 per litre, up fr...Published: 19 Apr 2021 at 09:09hrs | 1 | by Victor Bhoroma
Zimbabwe braces for new EU export reg system
ZIMBABWEAN exporters are pondering on the new European Union (EU) digital system of certification of origin for goods, which comes into effect next month. The EU has introduced a new system of...Published: 28 Dec 2020 at 07:22hrs | | by Staff reporter
Zimra surpasses net revenue collection target
THE Zimbabwe Revenue Authority (Zimra) collected a net revenue of $23,19 billion against a target of $18,60 billion for the year ending December 31 2019 amid inflation and foreign currency challenges ...Published: 18 Dec 2020 at 06:12hrs | 2 | by Staff reporter
Zimbabwe industry calls for tougher taxes on Chinese imports
ZIMBABWE'S industries have scaled up their campaign for tougher action to protect manufacturing companies against Chinese plastic imports, even as earlier calls to ban fabric shipments from Beijing fl...Published: 30 Oct 2020 at 06:40hrs | 3 | by Staff reporter
Ndebele Prince takes Energy Mutodi head on
The utterances by Energy Mutodi that in this day and age suggests that Ndebeles do not belong to this country, Zimbabwe, are unfortunate. The leadership style that lacks originality and seems to be dr...Published: 05 Sep 2019 at 09:22hrs | 2 | by Prince Zwide Khumalo
Tax scam costs Govt billions
Some players in the garment-making sector are allegedly skimming the Government of billions of dollars in potential tax revenue and suffocating downstream textile industries by abusing a special cloth...Published: 10 Jul 2019 at 07:34hrs | | by Staff reporter
Resolving Zimbabwean challenges in transfer pricing
A lot of debate about taxation in most developing countries is evolving on how to ease revenue leakages through offshore tax havens. But there is another hot issue called transfer pricing which develo...Published: 20 Jun 2019 at 07:54hrs | 3 | by Beaven Dhliwayo
'Mnangagwa's govt must accelerate reforms to move forward'
THE European Union (EU) and Zimbabwe are set to resume political dialogue, which officially stopped in 2002. Under Article 8 of the Cotonou Agreement, the EU will seek to re-engage with government, a ...Published: 17 May 2019 at 17:24hrs | | by Staff reporter
Brexit no deal could cost Zimbabwe US$4,6 million
ZIMBABWE stands to lose at least 5% of its yearly exports to the United Kingdom in the case of Britain leaving the European Union without a deal, a new United Nations agency report has shown.A...Published: 05 May 2019 at 10:47hrs | 18 | by Staff reporter
Mthuli Ncube to flesh out compensation plan for white farmers ahead of US trip
Finance Minister Mthuli Ncube is travelling to the United States next week, but before then he will announce that the government is ready to pay out $53 million compensation to former white land owner...Published: 06 Apr 2019 at 16:32hrs | | by ZimLive
Mthuli Ncube in currency volte-face
Finance minister Mthuli Ncube, who two months ago indicated that he would prioritise currency reforms, including demonitising the country's fiat currency last Wednesday made a huge climb down on the p...Published: 04 Dec 2018 at 20:37hrs | 4 | by Staff reporter
Zimbabwe white farmer pay-out could favour foreigners
Foreign former landowners from Zimbabwe may get compensation before white farmers, Ben Gilpin, director of the Commercial Farmers Union (CFU) has told News24.On Thursday Finance Minister Mthul...Published: 24 Nov 2018 at 15:35hrs | 7 | by Staff reporter
Mnangagwa claims that 'World warming up to Zimbabwe'
President Mnangagwa yesterday said Government is encouraged by the positive responses from the re-engagement process, which seeks to reintegrate the country into the family of nations. The Pre...Published: 05 Oct 2018 at 06:32hrs | | by Staff reporter
Mnangagwa seeks to revive Chinese mega deals
PRESIDENT Emmerson Mnangagwa says he will pursue mega deals with China during his visit to the Asian country.The southern African nation, still battling to shake off a hangover from a decade-l...Published: 06 Sep 2018 at 15:40hrs | 19 | by Staff reporter
Prof. Mthuli Ncube: How to kick start Zimbabwe's economic recovery
There is a lot of work to do on the economic front but what is important is to draft a very clear economic vision and strategy for the country, to create an economy that exhibits strong GDP growth ove...Published: 30 Aug 2018 at 22:05hrs | 1 | by Professor Mthuli Ncube
New Zealand bans most foreigners from buying homes
New Zealand has banned most foreigners from buying homes as it tries to tackle runaway housing prices.The government on Wednesday passed legislation that allows only New Zealand residents to b...Published: 15 Aug 2018 at 11:56hrs | | by AP
Mnangagwa expected in SA for BRICS Summit
President Emmerson Mnangagwa is expected to leave Harare for South Africa today to attend the BRICS Summit that started yesterday.BRICS is a grouping of emerging economies - Brazil, Russia, In...Published: 26 Jul 2018 at 07:14hrs | | by Staff reporter
'Cash crisis to end soon'
The cash crisis will soon be "a thing of the past" as various measures are being pursued to bring sanity within the banking sector, Vice President Constantino Chiwenga has said.In a speech rea...Published: 29 Jun 2018 at 08:01hrs | | by Staff reporter
How Zimbabwe can benefit from the Africa Continental Free Trade Area (AFCFTA)
The Africa Continental Free Trade Area (AfCFTA) was launched on 21 March 2018 in Kigali, the capital of Rwanda. The trade agreement was signed by 44 heads of state and government, save for 10 countrie...Published: 18 May 2018 at 17:42hrs | 10 | by Victor Bhoroma
'We cannot operate in silos,' says Mnangagwa
We publish here the full text of the Address by the President of the Republic of Zimbabwe and Commander-in-Chief of the Zimbabwe Defence Forces E. D. Mnangagwa at the Southern Africa Confederation of ...Published: 16 May 2018 at 06:44hrs | 17 | by Emmerson Mnangagwa
Banks in Zimbabwe urged to reduce interest rates
THE Reserve Bank of Zimbabwe (RBZ) was engaging banks to reduce interest rates on loans to stimulate production across various sectors of the economy, Vice-President Constantino Chiwenga has said....Published: 26 Apr 2018 at 07:32hrs | | by Staff Reporter
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