Taxing mobile phone transactions in Zim

“I, therefore, propose to levy tax on the transfer of money between Mobile Money Transfer Agents and Recipients.” This was said by Finance and Economic Development Minister Mthuli Ncube in his 2019 Mid-Year Budget Review and Supplementary Budget presented last week.

MultiChoice Zim retrenches

A declining subscriber base has forced Pay-Television service provider, MultiChoice Zimbabwe to implement a voluntary retrenchment programme.

We need a vibrant bond market

In legendary tales of banking dynasties, the Barings and the Rothschilds feature prominently. A few well-researched books on them enlighten us on their intricate dealings with governments and industrialists. That they accelerated the pace of infrastructure development and industrialisation in Europe is incontestable as is their role in facilitating resurgence of fragile nations. A few moments we spend reflecting on some of their transactions are moments well spent especially in our circumstances.

“I, therefore, propose to levy tax on the transfer of money between Mobile Money Transfer Agents and Recipients.” This was said by Finance and Economic Development Minister Mthuli Ncube in his 2019 Mid-Year Budget Review and Supplementary Budget presented last week.

Investment Professionals Association of Zimbabwe (IPAZ), an association comprised of local Chartered Financial Analysts (CFA) charter holders and candidates held its inaugural investment conference over the weekend in Victoria Falls. The conference was running under the theme: “Disruptions — The Future of Finance in Zimbabwe”.

Zahra boosts GetBucks shareholding

GetBucks Zimbabwe’s majority shareholder, Zahra Investment Trust (ZIT), has further increased its shareholding in the listed micro-financier.

Stock Market Weekly Review

The Zimbabwe Stock Exchange (ZSE) extended its sell off during the week as demand continued to wane across the bourse.

‘Turn land into functional asset’

Turning the asset of land into a functional asset through title, through concession farming and other innovative instruments around agriculture land will help the country sustain a positive trade balance, industrialist and former Confederation of Zimbabwe Industry’s president Busisa Moyo has said.

SA: What an IMF bail-out will look like

A year ago, I wrote an article about what an IMF bail-out would look like. At the time I was a lone voice as the scenario seemed unlikely. In the…

Seoul to launch first blockchain-based administrative services

The Seoul Metropolitan Government will establish its first blockchain-based administrative services in November, according to a report in the Korean-language blockinpress. At a conference held last month and attended by…

‘ETFs pose no threat to financial stability’

LONDON. — The rapidly growing exchange-traded-funds sector does not pose a threat to financial stability as the market has coped well so far with liquidity crunches, research from Britain’s Financial Conduct Authority said last Thursday.

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