Search results for 'tax policy'
Companies
High Operating Costs Weigh on Willdale Operations, Despite Macro Challenges

Willdale Limited, a prominent manufacturer and marketer of clay brick products within the Zimbabwean building and construction sector, has reported a weaker financial performance for the half-year per

Jul 02, 2024
Companies
National Foods Defy Odds: Earns Over US$100M Revenue in Just 3 Months, Despite Changes in VAT, Power Woes

National Foods, the country's leading food producer, achieved a remarkable milestone, surpassing the US$100 million mark in just three months of FY2025 (Q1), despite challenges posed by power outages

Nov 19, 2024
Companies
Choppies Exits Zimbabwe: Detailed Analysis on Unhappy Statement

Choppies is exiting Zimbabwe and has initiated discussions to divest its business, citing the adverse effects of policies that favour informal traders over formal retail operations. The company plans

Dec 02, 2024
Zimbabwe
You Play, We Tax, State's Desperation Grows: What 10% Tax on Betting Means

In his 2025 budget presentation, Finance and Economic Development and Investment Promotion minister, Mthuli Ncube, imposed a 10% tax on all winning betting odds, effective January 1, 2025. This new

Dec 02, 2024
Zimbabwe
Mad Money Muse:  Zimbo Economic Circus Rolls On

This week, we’ve got a buffet of absurdity: tax revisions that scream “oops, my bad,” Blessed Geza’s grand return as the wannabe Che Guevara of Harare, Blessing Mhlanga’s jailhouse blues, Chris Mutsv

Mar 19, 2025

Top Stories

Venetia Mine Halted: De Beers Stops Mining at South Africa’s Largest Diamond Operation

De Beers is set to pause production for two years at Venetia, South Africa’s largest diamond mine, after prolonged weakness in rough diamond prices reduced the commercial value of extracting additiona

3 hours ago

Quiet Revolution in Zimbabwe’s Hospitals: Will the Budget Follow the Bricks?

Zimbabwe's public hospital system has received more documented investment commitment between 2025 and mid-2026 than in any comparable period since independence, and the gap between what has been inves

3 hours ago

Historic Zimbabwe Manufacturers Puts 4  Firms on Sale, Bids Due 14 July 2026

Phoenix Consolidated Industries a prominent, historically significant manufacturing and industrial group has placed four established Zimbabwean industrial businesses on the market, giving investors un

20 hours ago

Dairibord Control Block Enters Sale Talks

Dairibord Holdings’ three majority shareholders have entered negotiations with an unnamed third party over the acquisition of a controlling stake exceeding 51%, placing one of Zimbabwe’s largest food

23 hours ago

Old Mutual Migration Rewrites the VFEX Growth Story

The Victoria Falls Stock Exchange overtook the Zimbabwe Stock Exchange in total market capitalisation in April 2026, becoming the country's largest exchange by market value just five and a half years

1 day ago

Old Mutual Plans VFEX Migration as It Seeks Return From Six Year Trading Suspension

Old Mutual plans to migrate its suspended secondary listing from the Zimbabwe Stock Exchange to the Victoria Falls Stock Exchange as the financial services group seeks a route back to active trading f

Jul 11, 2026

Zimbabwe's Medical Services Amendment Act: A Noble Premise Built on a Dangerous Assumption

Zimbabwe has gazetted the Medical Services Amendment Act, 2026 on the 7th of July 2026, legally requiring private hospitals to admit and provide emergency treatment to patients with life-threatening c

Jul 11, 2026

No Dollars, No Fuel: Mozambique's Crisis Reveals New Energy Risk

Mozambique has established a US$50 million foreign currency payment facility to restore nationwide fuel supplies after months of shortages caused by US dollar liquidity constraints that prevented dist

Jul 10, 2026