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

Tongaat Crisis Update: IDC Declines to Commit to More Funding Amid Liquidation Threat

The Industrial Development Corporation (IDC) says that it is not in a position to commit to additional financial support for the embattled sugar conglomerate Tongaat Hulett at this juncture. This fol

51 minutes ago

The Factory That Nobody Will Replace

Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework

1 hour ago

Gold’s Structural Inflection: Scale, Seasonality and the Policy Imperative

Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework

Feb 20, 2026

Why Zimbabwe's Gold Output Dipped in January 2026

Zimbabwe's gold sector, a cornerstone of the nation's economy and its primary foreign exchange earner, experienced a notable dip in output during January 2026, signalling a subdued start to what is an

Feb 20, 2026

What Has Sugar Tax Delivered So Far? Government Reveals Key Outcomes

Zimbabwe has delivered two cancer treatment machines at its main referral hospitals, marking a significant advancement in public oncology services. According to the Ministry of Health and Child Care

Feb 20, 2026

Is Zimbabwe's Gold-Backed Currency Finally Breaking the Curse of Volatility?

The Zimbabwe Gold (ZiG), the local currency unit, traded at approximately 25.57 against the US dollar on February 20, 2026, reflecting a marginal depreciation from 25.56 the previous week but maintai

Feb 20, 2026

CAFCA's Q1 2026 Sales Volumes Rise 3% as Exports Surge ,Copper Demand Recovers

Zimbabwe Stock Exchange listed cable manufacturer CAFCA Limited has recorded a 3% year-on-year increase in sales volumes for the first quarter ended 31 December 2025, signalling a gradual strengthenin

Feb 20, 2026

Tanganda Shareholders Approve US$8m Capital Raise, Strengthening Innscor Entry Path

Tanganda Tea Company Limited has secured shareholder approval to raise US$8 million through a renounceable rights offer, a capital injection expected to stabilise the Zimbabwe Stock Exchange-listed  d

Feb 19, 2026