Taxes must be efficient
Zimra is trying to fulfil its mandate of collecting taxes from all who should be paying by increasing its range to bring in more from the informal economy, including small-scale…
Makamba exits Telecel….Manyere, top lawyer buys him out…..Govt said to be offering $26m for the stake
Martin Kadzere Self-exiled businessman James Makamba (right) has sold his stake in Empowerment Corporation, a 40 percent shareholder in Telecel Zimbabwe to a local consortium for an undisclosed amount.
Government wants Telecel stake for original empowerment groups
Conrad Mwanawashe Information Communication Technology, Postal and Courier Services Minister Supa Mandiwanzira says Government wants the 40 percent Telecel Zimbabwe stake held by the Empowerment Corporation to benefit shareholders and…
More Zimra bosses under investigations
Africa Moyo About six top Zimbabwe Revenue Authority (Zimra) managers are currently under the microscope as the taxman intensifies lifestyle audits to weed out corrupt elements in its systems.
Zimra loses millions to car smugglers
Taurai Mangudhla A syndicate of car importers is prejudicing the country of millions in potential tax revenues through the smuggling of vehicles using various intricate methods, which include registering as…
‘TBs enhance diversity of CBZ balance sheet’
Enacy Mapakame Zimbabwe’s largest banking group by deposits and assets, CBZ Holdings, says Treasury Bills have now become a significant part of the banking sector and have in particular contributed…
Zim requires $12bn for power deficit
Golden Sibanda in VICTORIA FALLS Zimbabwe requires about $12 billion to resolve its power deficit and meet future needs of a vibrant industry and economy with a quarter of the…
Zim still needs an IMF-backed economic programme
Brendrick Wamambo The mid-term Monetary Policy Statement presented on Wednesday gives a good picture of recent economic developments. There is more disclosure on the stock of Treasury Bills, the worsening…
‘Restructure, co-ordinate and produce’
Tinashe Nyamunda Many reports on the Monetary Policy Statement (MPS) are largely focusing on monetary expansion through the printing of a further $300 million bond dollar (or bollars). This injection…
Bulawayo scents industry revival
Prosper Ndlovu Bulawayo Bureau Diversification and innovation are the buzzwords for Bulawayo’s surviving industries whose resilience in the face of a difficult macro-economic climate deserves applause. While the city has…











