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- businessweekly
- November 15, 2019
- 72 views
How to get ready as the US-China trade war spills over to other countries
Hongzhi Gao, ivy guo & Tarek Soliman The ever-escalating tensions in trade relations between the US and China have caught the nerve of politicians, businesses and the public. This conflict…
- businessweekly
- November 15, 2019
- 52 views
U.S.-China trade hopes revive stocks, protests leave scars
LONDON – Hopes of a trade deal between Washington and Beijing turned world stock markets and other risk assets higher on Friday, though an escalating wave of global protests from…
- businessweekly
- November 15, 2019
- 43 views
Rand at 1-week high as trade hopes stoke risk appetite
JOHANNESBURG – South Africa’s rand inched firmer against the dollar on Friday, as risk appetite was whetted by comments from the White House suggesting Washington and Beijing were close to…
- businessweekly
- November 15, 2019
- 74 views
Zim economy to grow by 3pc – Finance Minister
HARARE – Zimbabwe’s economy is projected to grow by three percent in 2020, recovering from a -6.5 percent contraction this year on the back of a cocktail of new tax…
- businessweekly
- November 15, 2019
- 78 views
Government widens electronic tax minimums
HARARE – Government on Thursday increased the minimum taxable amounts for intermediated money transfer tax (IMTT), better known as the two percent tax, to $100 from $20 per transaction for…
- businessweekly
- November 15, 2019
- 69 views
VISA innovates to tackle fraud
Enacy Mapakame HARARE – Global e-payment enabler, VISA says it has come up with new innovations to tackle fraud and enhance security for its market. In an interview with Business…
- businessweekly
- November 15, 2019
- 65 views
Mthuli avails more industry incentives
Finance and Economic Development Minister Professor Mthuli Ncube, yesterday availed further incentives and extend the tenure of existing ones as part of a host of measures meant to support the productive sector, but market players say more should have been done to capacitate the off takers of the products — the consumer — as well as addressing production key enablers such as electricity.
- businessweekly
- November 15, 2019
- 91 views
Treasury seeks condonation on spending
Government, through the Ministry of Finance and Economic Development is seeking condonation from Parliament for spending billions of United States dollars beyond budget and without parliament’s approval.
- businessweekly
- November 15, 2019
- 58 views
RBZ fears cash ends-up on black market
Chances are high that new notes and coins that will find their way into the informal sector when the cash is traded illegally, may not return into the formal banking system because the domestic economy is about 60 percent informal, according to the Reserve Bank of Zimbabwe (RBZ).
- businessweekly
- November 15, 2019
- 74 views
Budget: sober, pro-business, pro-people
Business people should be grateful that Finance and Economic Development Minister Professor Mthuli Ncube went for a businesslike and sober National Budget for 2020, largely ignoring many of the passionate pleas he was getting to “Tax everyone else but me”.