Search results for 'Tax'
Zimbabwe
From Hunger to Obesity: Zimbabwe Launches Nutrition Strategy to Tackle New Dietary Challenges
Zimbabwe has approved the Nutrition Financing Strategy on 30 June 2026, presented by Vice President General (Rtd) Constatino Chiwenga as Chairperson of the Cabinet Committee on Food Security and Nutri
Jul 01, 2026
Zimbabwe
Zimbabwe Sugar Sector Eyes Major Investment Despite Policy and Cost Pressures
Zimbabwe's sugar industry produced 443,501 tonnes in the financial year ended 31 March 2026, a 1% increase from the prior year, while total sales reached 471,837 tonnes, a 24% increase from 380,531 to
Jul 07, 2026
Companies
Afdis’ Q1 Revenue Hits 47% of Last Year’s Full Year on Volume Boom, Grey Market Crackdown
Spirits and Wines maker, African Distillers has grown the first quarter revenue by 47% to USD 27.9 million on volumes 43% ahead of the comparable quarter, taking a single quarter's turnover to 46.7
Jul 23, 2026
Companies
CBZ Holdings Operating Income Falls 41% as Expected Credit Loss Charge Rises Sixfold in First Half
CBZ Holdings’ profit after tax fell 20.3% to ZWG691.6 million in the half year ended June 2026 from ZWG868.1 million a year earlier, with the deeper earnings deterioration occurring before tax as high
Sep 03, 2026
Companies
Simbisa Absorbs US$2.1m Fast Food Tax as Zimbabwe Drives 72% of Group Revenue
Simbisa Brands, Zimbabwe’s largest fast food operator and a pan African quick service restaurant group with operations in Zimbabwe, Kenya and Eswatini and franchised outlets across six other African m
Sep 29, 2026
Companies
Hippo Sees Hidden Sugar Tax Losses as Beverage Makers Shift to Artificial Sweeteners
Zimbabwe's beverage sugar tax is beginning to reshape demand across the country's sugar value chain, with Hippo Valley Estates acknowledging that manufacturers' growing use of artificial sweeteners is
Oct 12, 2026
Companies
Hippo Valley Seeks VAT Relief, Export Zone Status to Unlock Zimbabwe's Next Sugar Expansion
Zimbabwe's sugar industry is seeking a significant overhaul of its tax and investment framework, with Hippo Valley Estates Finance Director Tapera Masarakufa proposing recapitalisation incentives, rel
Oct 20, 2026
World
COMESA Eyes Electric Vehicle Manufacturing, Zimbabwe Scraps Import Duty on Heavy Electric Trucks
Zimbabwe is pushing the Common Market for Eastern and Southern Africa (COMESA) to establish regional electric vehicle manufacturing and battery supply chains, arguing that African economies must move
Oct 20, 2026
Zimbabwe
Robbing Peter to Pay Paul: Can Zimbabwe Cut IMTT Without Raising Another Levy?
Zimbabwe is considering further reductions to the Intermediated Money Transfer Tax (IMTT) as Government seeks to ease transaction costs while exploring alternative revenue streams to compensate for po
Oct 21, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
