Search results for 'Taxation'
Companies
Proplastics Cuts Costs with Internal Funding

ively leveraged internally generated foreign currency to address its foreign obligations, streamline internal operations, and reduce its gearing ratio. Despite the persistently unreliable foreign curr

Mar 26, 2024
Zimbabwe
Zimbabwe’s Biggest Corporate Suffers Earnings Dip: Profit Falls Sharply

Zimbabwe's largest corporate entity, Zimbabwe Platinum (Zimplats), has reported a significant decline in earnings for the financial year ended 30 June 2023 attributed to a confluence of factors, inclu

Aug 21, 2024
World
Bikita Minerals Scales Back Operations: Wake-Up Call for Government to Rethink Lithium Policies

Bikita Minerals has made the strategic decision to reduce its contractor base as it scales back output in response to challenging lithium market conditions. The DMS plant is set to be shut down in Oct

Oct 08, 2024
Companies
Innscor Starts FY25 on Firmer Note, but VAT Changes Weigh on Industry

Largest foods processor, Innscor Africa Limited has posted a solid Q1 performance for the period to 30 September 2024. This performance which saw over 90% of its units on the upward trend, sustain gro

Nov 19, 2024
Companies
Delta Corporation Pays $31 Million in Sugar Taxes, Implements Strategic Mitigation Measures

Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The

Jan 23, 2025
Zimbabwe
No POS Machine, No Licence, No Bank Account, No Licence: RBZ Commands

he Reserve Bank of Zimbabwe (RBZ) has introduced a transformative policy aimed at formalizing the informal trading sector and promoting digital transactions. Effective immediately, local authorities

Feb 07, 2025
Zimbabwe
Zimbabwe , Switzerland Signs Landmark Treaty to Eliminate Double Taxation

Zimbabwe and the Swiss Federation have signed a treaty to avoid double taxation concerning income and capital gains. This agreement aims to enhance transparency and cooperation in tax matters among p

Mar 20, 2025

Top Stories

Econet Joins Delta in US$1 Billion Club Race, H1 Revenue Surpasses US$500m on Voice Traffic, Data Dominance

Econet Wireless Zimbabwe delivered a robust financial performance for the half-year ended 30 September 2025, posting group revenue of ZiG 13.5 billion, representing a 39% year-on-year increase from Zi

1 day ago

Beverages Behemoth: Delta to Become Third Billion-Dollar Corporate in 2026

n the resilient yet turbulent landscape of Zimbabwe's economy, few companies embody the nation's unyielding spirit quite like Delta Corporation Limited. As the blue-chip behemoth of the Zimbabwe Stock

Nov 18, 2025

Zimbabwe Gold Investment Conference 2025: Zimbabwe's Golden Data Gap

The presentation by Dr. Godknows Njowa at the Zimbabwe Gold Investment Conference 2025 offers a sobering yet strategically vital analysis of the intersection between mineral reporting, exploration, an

Nov 17, 2025

BAT Zimbabwe Volumes Fall 7% as USD Pricing Squeezes Consumer Demand

British American Tobacco Zimbabwe (BAT) , a cigarette maker and distributor has recorded a 7% decline in sales volumes for the nine months to 30 September 2025 according to the latest trading update.

Nov 17, 2025

ZECO Rides Zimbabwe’s Stable Currency, Q3  2025 Revenue Surges 82%

ZECO Holdings, the Zimbabwe Stock Exchange-listed engineering and property investment group, nearly doubled its third-quarter revenue to ZWG 1.72 million for the period ended 30 September 2025, a sign

Nov 17, 2025

Delta Half-Year Revenue Tops US$514 Million, Eyes Billion-Dollar Milestone

Delta Corporation Limited, Zimbabwe’s largest beverages manufacturer, has crossed the half-billion-dollar revenue mark in the first half of FY2026, recording US$514.2 million for the six months to Sep

Nov 13, 2025

CBZ Holdings Profit Hits ZiG 1.1Bn in Q3, Operational Efficiency Drives 58% Income Surge

CBZ Holdings posted a profit after tax of ZWG 1.11 billion for the nine months ended 30 September 2025, a 10% increase from ZWG 1.01 billion a year earlier, reflecting resilient profitability as Zimba

Nov 13, 2025

Zimbabwe Records Highest Wheat Harvest in 59 Years, Yet Imports Surge to New Peak

Zimbabwe has announced a record-breaking wheat harvest for the 2025 winter season, reporting a total output of 639,942 metric tonnes according to the Ministry of Lands, Agriculture, Fisheries, Water,

Nov 13, 2025