Search results for 'statutory instrument'
Zimbabwe
Zimbabwe's Sugar Sales Surge 21% As Government Repeals Free-Importation Policies
Zimbabwe’s industrial sugar sales have experienced a substantial growth trajectory, increasing by 21% to 183,729 tonnes for the half-year period ended 30 September 2024, as reported by Hippo Valley, t
Dec 10, 2024
Zimbabwe
RBZ Repeal Penalties on Pricing Above Official Rate Under SI 34 of 2025: Analysing ZiG and Exchange Rate Policy Shift
Government has repealed Statutory Instrument 81A of 2024, which penalised businesses for charging goods and services above the official exchange rate set by the Reserve Bank of Zimbabwe (RBZ). This p
Apr 17, 2025
Companies
National Tyre Services Charts Recovery Path After ZiG 121M Loss with Robust Supply Chain Overhaul
National Tyre Services (NTS), Zimbabwe's leading tyre distribution and retail company, remains optimistic about its future prospects despite posting a substantial full-year loss of ZWG 121 million for
Sep 23, 2025
Companies
OK Zim Cuts Overheads 44% in FY'25, Set for Recovery as Retail Reforms Take Hold
OK Zimbabwe, the last standing retail giant in a landscape littered with the corpses of departed chains, has slashed overhead costs to US$58.7 million, a 43.91% plunge from the prior year, through su
Nov 12, 2025
Zimbabwe
Government Bans Key Imports: Millers to Source 40% Locally by April 2026, 100% by 2028
imbabwe's Minister of Lands, Agriculture, Fisheries, Water and Rural Development has enacted a regulation that, if implemented as written, will fundamentally restructure the country's entire grain and
Mar 16, 2026
Zimbabwe
Zimbabwe Raises Minimum Wage by 80% as ZiG Delivers First Credible Local-Currency Wage Floor Since Dollarisation
Zimbabwe has approved a review of minimum wages and related conditions of employment for domestic workers and workers in unclassified operations, acting on recommendations from the tripartite Wages an
Jun 16, 2026
Zimbabwe
VFIFC Licences First 38 Firms, Creates USD Safe Zone Amid De-Dollarisation Push
Thirty eight companies received operating licences at a Victoria Falls International Financial Centre (VFIFC ) licence ceremony held in Harare yesterday, marking the operational launch of a financial
Jun 30, 2026
Zimbabwe
The Eighth That Showed Up: Formal Maize Deliveries Double as State Buying Prices Outpace Open Market
Zimbabwe’s formal maize deliveries have reached 312,717 tonnes between 1 April and 24 July 2026, up 106% on the 152,047 tonnes marketed in the same window a year earlier, according to the latest Agric
Jul 29, 2026
Zimbabwe
Government Opens Solar Market to Cash Payments, New Law Unlocks Surplus Electricity Credits
Zimbabwe has introduced virtual net metering and monetary compensation for surplus solar electricity under Statutory Instrument 127 of 2026, allowing qualifying consumers to transfer electricity credi
Oct 16, 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
Top Stories
Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers
Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance
Oct 22, 2026Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
Oct 21, 2026
