Digital Services Withholding Tax: What it is – and what it is not

Check Point Desk The Government has introduced a Digital Services Withholding Tax (DSWT), and the reaction in some quarters has been loud and angry. Social media posts show sharply higher…

Zimbabwe’s November trade surplus jumps to US$90m as imports retreat

Tapiwanashe Mangwiro Senior Business Reporter Zimbabwe’s external trade position strengthened in November after the country recorded a goods trade surplus of US$90,5 million, more than tripling from the previous month…

Zimbabwe registers a surge in hectarage under irrigated tobacco

Business Reporter The 2025/26 season has seen a surge in area under irrigated tobacco to 24 000 hectares from 19 700 ha last season, latest data from the Tobacco Industry…

Lock Brothers get WestProp Holdings international training facilities at The Hills estate

Sunday Mail Reporter WestProp Holdings has officially signed Zimbabwe’s top-ranked tennis stars, Benjamin and Courtney Lock, as ambassadors for the Hills Tennis Centre, a landmark facility within the upcoming Hills…

Timber revival to transform provincial economy

Lovemore Kadzura Post Reporter IN a bold step to revitalise the provincial economy, Manicaland is preparing for a grand revival of its timber industry, identified as a key pillar in…

High Court blasts ‘busybody’ union over RioZim rescue bid

Martin Kadzere The High Court has dismissed an application to place RioZim Limited under corporate rescue, with the presiding judge labelling the union leading the push a ‘busybody’ and declaring…

Experts hail clarity on DSWT double taxation

Tapiwanashe Mangwiro Bankers and economists have hailed the Treasury’s clarification that the Digital Services Withholding Tax (DSWT) will not apply where Value Added Tax (VAT) is already being remitted, noting…

GMB engages transporters for 2026 marketing season

Edgar Vhera-Specialist Writer – Agribusiness Preparations for the 2026 grain marketing season are underway, with the Grain Marketing Board engaging private transporters to facilitate the movement of 500 000 tonnes…

NDS2 targets lithium battery grade production

Nelson Gahadza-Senior Business Reporter The Government will prioritise the beneficiation of lithium during the National Development Strategy 2 (NDS2) implementation period, 2026 to 2030, building on gains achieved under NDS1…

No double taxation on digital services, Treasury assures VAT-compliant taxpayers

Tapiwanashe Mangwiro BANKERS and economists have welcomed the Treasury’s clarification that the Digital Services Withholding Tax (DSWT) will not apply where Value Added Tax (VAT) is already being remitted, saying…

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