EMA launches blitz on illegal miners

Business Writer The agency’s environmental inspectors descended on artisan miners at Manyama area resulting in cat and mouse battles. It is reported that the proliferation of illegal gold panners has…

Byo industry needs remodelling: PMZ

Prosper Ndlovu Bulawayo needs to transform its industrial focus through adoption of an agile approach and investing more on new business lines consistent with global demands, the Project Management of…

Final deduction system — Year-end procedures

Employers are required to calculate and remit to Zimra the correct PAYE. On a monthly basis the PAYE due and the Remittance Advice Form (P2) are submitted. At year end…

US-China trade truce: Why it’s unlikely to last

Jeffrey Kucik Presidents Donald Trump and Xi Jinping have agreed to a ceasefire in their increasingly painful trade war, yet their governments’ differing depictions of the deal show just how…

Cryptocurrency industry faces insurance hurdle

Hong Kong. — Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor they claim is deterring large fund managers…

Zimplats channels $43m to local enterprises

Walter Nyamukondiwa Platinum giant Zimplats has channelled over $43 million to local enterprises — mostly in Mashonaland West province — as part of its local supplier development programme in support…

Lower tax penalties loom

Africa Moyo Companies and individuals are set for a significant tax relief in the coming year as Government is considering reducing the rate of penalties and interest levied by the…

Falgold woes mount

Business Writer THE failure to pay outstanding amounts to foreign creditors since June this year has resulted in key creditors cutting off critical supplies to local mining group, Falcon Gold…

Private equity firms eye DW

Martin Kadzere David Whitehead is in serious negotiations with two unnamed local and foreign investors seeking to inject fresh capital and revive the struggling textile firm, sources familiar with the…

Forex inflows hits US$6bn

Ishemunyoro Chingwere Business Writer  ZIMBABWE’S foreign currency earnings for the year to date have hit the US$6 billion mark, from US$4,6 billion realized in the whole of last year as…

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