British American Tobacco (BAT) experienced a 21% decline in sales volumes during the first quarter of 2024 compared to the same period the previous year. This decline was attributed to changes in fisc

The Zimbabwe Gold (ZiG), the country’s latest currency initiative, appears to be one of the most ill-fated ventures in recent years, especially when compared to its predecessors: Bond Notes, RTGS, and

The world is facing a daunting public debt crisis, with global debt projected to exceed US$100 trillion, or 93% of global GDP, by the end of this year according to the latest data by the International

Zimbabwe's local currency, the Zimbabwean Gold (ZiG), traded at 26.8596 on the 18th of October, down from ZiG26.0692 traded last week Friday against the US dollar. This continues its downward spiral,

The Reserve Bank of Zimbabwe (RBZ) has increased transaction limits for Zimbabwe Gold (ZWG) as per its latest circular. This adjustment follows a significant 43% devaluation of the ZWG in the week to

The Zimbabwe Gold (ZWG) currency has exhibited an appreciation on the formal market, recording its third consecutive gain on November 6, 2024. The currency surged 3% from 26.99 to 26.01, translating

Axia Corporation, a diversified retail conglomerate, reported subdued performance in its regional markets of Malawi and Zambia, characterized by declining revenues and volumes. The company's key perf

As the government grapples with the challenge of raising capital amid significant debt levels that hinder access to credit and strained diplomatic relations with Western nations, it has shifted its fo

he local currency has experienced a 47% depreciation against the US dollar since its introduction, as reported by the Reserve Bank of Zimbabwe (RBZ). The Zimbabwe Gold (ZiG) is now trading at a rate o

The Zimbabwe Gold (ZiG)  experienced marginal declines, depreciating by 0.1% last week and further by 0.2% this week, closing at 23.3656 against the US dollar. This relative stability is largely attri

For Zimbabwean businesses and policymakers, this figure raises a pressing question: is it enough to pull South Africa—and the region—out of its economic quagmire? As Zimbabwe’s largest trading partner

The global economy stands at a crossroads, with trade tensions casting a long shadow over its prospects. The Organisation for Economic Co-operation and Development (OECD) released its latest economic

The Zimbabwe Revenue Authority (ZIMRA) has introduced a stringent enforcement mechanism for revised presumptive tax rates targeting the public transport sector, including commuter omnibuses known as k

Finance Minister Mthuli Ncube has proposed to raise the tax on betting winnings to 25% from the current 10%, according to the 2026 National Budget, marking a significant escalation of government’s eff

Zimbabwe, has introduced a 15% withholding tax on offshore digital goods and services, marking a bold and aggressive step in modernising its tax framework to capture revenue from the burgeoning digita

Delta Corporation Limited, Zimbabwe's leading beverage manufacturer, is reportedly weighing the option of increasing prices for its soft drinks and other beverages as the combined effects of the sugar