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Government has repealed Statutory Instrument 81A of 2024, which penalised businesses for charging goods and services above the official exchange rate set by the Reserve Bank of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
Zimbabwe
Zimbabwe Sets Cane Price at US$72.40, Hippo Valley Warns of Regional Cost Disadvantage
Zimbabwe has fixed the sugar cane purchase price at US$72.40 per tonne, increasing procurement costs for sugar millers whose existing pricing arrangements have already been challenged by Hippo Valley
Nov 02, 2026
Zimbabwe
Zimbabwe 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, 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
