adminDeferment of Value Added Tax
Value Added Tax (VAT) is normally payable on importation of goods or removal of goods from Bond. However, as a way of assisting companies that may have cash flow problems, the Commissioner-General of Zimra allows a deferment of VAT payable on the importation of goods of a capital nature.Innovation central to competitiveness
Shelter Hamandishe-Chieza Change ManagementMany people in thriving businesses will tell you that the capabilities to develop new ideas and new dynamic functions can no longer be ignored. The intense competition and technological advancement
How to cut risk of losses
Vengai Madzima Property GuideProperty investment can be an academic, psychological and even emotional challenge where one has to strike a balance between pre-conceived investment ideas and proven investment methods. It is
Exports remain sluggish: ZimTrade
Business ReportersZIMTRADE, the country’s trade development and promotion agency, says targets set in the national trade and industrial development policies might not be achieved due to lack of funds to recapitalise
Govt privatises Agribank
Tawanda Musarurwa Business ReporterTHE Government has floated a tender for a financial advisor as part of the process to privatise the Agricultural Bank of Zimbabwe. It is expected that completion of this process will expedite the process of
Plans to reopen diamond office shelved
Government has shelved plans to reopen a diamond sales office in Belgium due to the popularity of the country’s gems the world over, an official has said. Last year, the country announced plans to reopen
Meikles workers get 24 million shares
Business Reporter
MEIKLES Limited shareholders have approved the sale of a combined 20 percent shareholding to the company’s directors and to a workers’ trust. Under the company’s share ownership scheme, workers will
Zim bank charges too high: Survey
Tawanda Musarurwa Business Reporter
ZIMBABWE banks’ charges and service fees exceed those in the region, a recent survey by Industrial Psychology Consultants (Pvt) Ltd shows. Recently, the Bankers’ Association of Zimbabwe said bank
Metbank’s capital, liquidity remain strong
Martin Kadzere Senior Business ReporterMetBank’s profit after tax rose 14 percent in the six months to June 2012 to US$1,6 million, driven by a surge in the number of accounts and transactions. Non-funded income contributed just over 50 percent
RBZ clears air on MFIs
1. Introduction
1.1 Following the cancellation of operating licences for two microfinance institutions, namely McDowells International and All Angles Investments, in June 2012, questions have been posed