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

Zimbabwe's Economy Expands to US$59.7 Billion as GDP is Rebased to 2025

With GDP reaching approximately US$59.7 billion at current prices, the latest estimates provide an updated benchmark for policymakers, investors, businesses and development partners seeking to underst

58 minutes ago

Mt Hampden New City: Can CSCEC’s Financing Model Turn the Smart City Plan Into Reality?

Finance Minister Professor Mthuli Ncube has held discussions at the headquarters of China State Construction Engineering Corporation in Beijing with CSCEC Chairman Wang Wei and President Chen Lie, foc

3 hours ago

ZINARA Nears Final Repayment of US$206m DBSA Highway Loan

The Zimbabwe National Road Administration (ZINARA) is approaching the final stages of repaying a US$206 million loan obtained from the Development Bank of Southern Africa (DBSA) to finance the rehabil

4 hours ago

Unifreight Pivots to Logistics Integration as Growth Phase Matures

Unifreight used its 2025 annual general meeting to reposition the group from a freight carrier into a multi-service logistics platform, announcing a strategy that adds express courier, customs clearan

6 hours ago

Avocado Exports to Top 9 Million Kgs in 2026: Can They Diversify the Forex Receipts Calculus?

Zimbabwe's avocado export volumes reached 1.74 million kilograms valued at USD 1.07 million in the first four months of 2026, compared to 921,056 kilograms worth USD 397,007 in the same period of 202

7 hours ago

Why Investors Are Increasingly Choosing Kenya

Absa Group, South Africa's third-largest bank by assets, has launched a KES30.9 billion (US$238 million) offer to increase its stake in Absa Bank Kenya from 68.5% to as much as 85%, placing one of Afr

8 hours ago

Joining the Elite Quadrant: Econet Cracks Elusive Billion-Dollar Revenue Ceiling

Econet Wireless Zimbabwe has    reported revenue of USD 1.104 billion for the year ended 28 February 2026, a 23% increase from USD 894 million in FY2025 according to its latest FY2026 financial resul

9 hours ago

Mash Holdings Lifts Operating Margin to 47% as Occupancy Holds at 89%

Mashonaland Holdings Limited has reported revenue of USD 3.14 million for the five months ended 31 May 2026, a 7% increase from USD 2.93 million in the comparable period of 2025, while operating profi

1 day ago