Masundire takes reins at Mashonaland Holdings
Business Writer In a leadership transition, Mashonaland Holdings Limited has appointed Kudakwashe Musundire as the new managing director, effective from August 1, 2024. This appointment marks a pivotal moment for…
About Proplastics
Proplastics Limited, (formerly a subsidiary of Murray and Roberts and later Masimba Holdings Limited) is the only Zimbabwean plastic pipes and fittings manufacturer listed on the Zimbabwe Stock Exchange since…
Tourism receipts up 35pc to US$241m during first quarter
Business Writer Zimbabwe’s tourism receipts are estimated to have increased by 35 percent to US$241 million in the first quarter of the year 2024 from US$178 million in the same…
Fiscalisation of fuel sales to curb tax evasion
Tapiwanashe Mangwiro In a bid to tighten its grip on tax evasion and improve transaction transparency, Treasury has mandated the fiscalisation of domestic fuel sales. The new policy, which comes…
Treasury pays US$356 million for maturing TBs
Tapiwanashe Mangwiro Treasury has paid over US$356 million for maturing Treasury Bills (TBs) in the first half of 2024, according to Finance, Economic Development and Investment Promotion Minister, Professor Mthuli…
Businesses cautious on Mid-term budget review policies
Nelson Gahadza Businesses believe that while the latest Mid-Term budget review brought some tax relief measures, it offered a blend of optimism and caution. They say the recognition of policy…
Masundire takes reins at Mashonaland Holdings
Business Writer In a leadership transition, Mashonaland Holdings Limited has appointed Kudakwashe Musundire as the new managing director, effective from August 1, 2024. This appointment marks a pivotal moment for…
Zim’s State-owned enterprises shine
Rtd Major S Zhou Introduction: In a momentous stride toward transparency and accountability, Zimbabwe’s state enterprises have observed a remarkable surge in the submission of audited financial statements for the…
Invictus Energy lists on VFEX after US$10m Zim capital raise
Golden Sibanda Invictus Energy, which discovered two condensate gas deposits in the Cabora Bassa Basin north of Zimbabwe, late last year, is set to list on the Victoria Falls Stock…
Weak consumer spending impacts CFI Holdings margins
Nelson Gahadza CFI Holdings says falling consumer spending power and new tax measures which took effect from 1 January 2024 put additional pressure on sales volumes and operating margins. Group…



