USD IMMT tax upward adjustment bitter pill for business

Economy Uncensored with Tapiwanashe Mangwiro The Zimbabwean business community is in a state of shock following the Ministry of Finance, Economic Development and Investment Promotion’s announcement of a significant hike…

Fast export growth will anchor ZiG and buy food

Last Word The figures showing a dramatic rise in exports in the first two months of this year by 37 percent to US$1,18 billion is very good news considering the…

Saifuddin three-for helps Bangladesh stave off Zim’s challenge

For the third game in a row, Zimbabwe needed their lower-order batters to offer a fight. Bangladesh saw off some late batting fightback from Zimbabwe tailenders Faraz Akram and Blessing…

Bale joins forces with Curry to become ambassador for new European Junior Golf tour

Gareth Bale has joined Steph Curry’s ‘Underrated Golf’ as an ambassador in time for their innagurual European event. Former professional footballer Gareth Bale has linked up with NBA star Steph…

A new era for women’s tennis?

Iga Swiatek and Aryna Sabalenka played out a Madrid masterpiece at the weekend leaving fans and experts raving about the strength of the women’s game Iga Swiatek’s victory against Aryna…

Businesses struggle to get forex for inputs

Golden Sibanda Businesses are struggling to obtain foreign currency from banks to fund procurement of inputs they require for production, a scenario analysts fear creates fertile grounds for total rejection…

10pc trading margin scrapped, outcry over impact

Business Writers The decision by Government to scrap the 10 percent markup allowed on goods priced in foreign currency has been met with mixed reactions with some believing it will…

CZI proposes alternatives to NCCDS for faster business recovery

Business Writer Businesses will face severe working capital challenges if the central bank insists on converting outstanding auction allotments into a two year ZiG denominated non-negotiable certificates of deposit (NNCDs).…

RBZ urged to embrace market mechanisms on ZiG exchange rate

The launch of the ZiG currency could have benefited from a more refined strategy. Enforcing the official ZiG rate through the FIU might have created unintended consequences. Exploring alternative approaches…

Severe drought to challenge Treasury, RBZ monetary resolve

Tapiwanashe Mangwiro Zimbabwe, grappling with the most severe drought in four decades, faces a daunting challenge as it forecast to harvest a mere fraction of its maize production target and…

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