Search results for 'government'
Zimbabwe
Finance Ministry Rolls Out Cost-Cutting Directive for Ministries and Agencies
Last week on the 24th of September 2025, the Ministry of Finance issued Treasury Circular Number 10, directing all government ministries, departments, and agencies (MDAs) to implement strict expenditu
Oct 01, 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
Zimbabwe Introduces National Standard Price List: All Payments to Suppliers to Be Made in ZiG
Zimbabwe's Ministry of Finance, Economic Development and Investment Promotion, together with the Procurement Regulatory Authority of Zimbabwe, has announced on the 13th of March 2026 a National Standa
Mar 16, 2026
Zimbabwe
Strong Profits, Hidden Trap: How One Government Sentence Threatens Proplastics' 2026 Margins
Proplastics Limited, the Zimbabwe Stock Exchange-listed manufacturer of plastic piping systems that underpin water infrastructure, sanitation, irrigation, and construction across Zimbabwe, has report
Mar 30, 2026
Zimbabwe
Squeezing the Soil: How GMB’s Over ZiG 200 Million Arrears Threaten the Next Season
The Grain Marketing Board is owing 17.27% of ZiG payment obligations to farmers who delivered grain in the FY2025 marketing season amounting to ZiG 50,192,313.52. Transporters who hauled grain to GM
Jun 12, 2026
Zimbabwe
Robbing Peter to Pay Paul: Can Zimbabwe Cut IMTT Without Raising Another Levy?
Zimbabwe is considering further reductions to the Intermediated Money Transfer Tax (IMTT) as Government seeks to ease transaction costs while exploring alternative revenue streams to compensate for po
Oct 21, 2026
Zimbabwe
Zanaco'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
Top Stories
UK Opens Audit Market to Zimbabwe as Landmark Agreement Recognises Local Qualifications
Zimbabwean auditors have secured a new pathway into the United Kingdom's professional services market following a mutual recognition agreement between the two countries' audit regulators. The developm
13 hours agoOK Zimbabwe Shareholders Approve ZSE Exit, US$20 Million Recapitalisation Fails to Prevent Corporate Rescue
OK Zimbabwe shareholders have approved the retailer's withdrawal from the Zimbabwe Stock Exchange (ZSE), approximately 16 months after authorising a US$20 million capital raise intended to restore its
1 day agoOver Half of Zimbabwe's Commercial Banks Back Caledonia's US$150 Million Bilboes Financing
Seven of Zimbabwe's 13 commercial banks have joined a US$150 million financing arrangement for Caledonia Mining Corporation's Bilboes gold project, placing approximately 54% of the country's commerci
1 day ago
