Zimbabwe removes suspension of duty on basic commodities

By Stanley James, Business Editor Zimbabwe’s local industry has received a major boost towards growth after the government announced that it will not be extending the import duty-free system on…

Ministers give thumbs up to the 2023 National budget

By Owen Mandovha THE Government ministries have welcomed allocations they received in the 2023 national budget, with the Ministry of Primary and Secondary Education receiving the largest chunk followed by…

2023 National budget speech

By Prof. Mthuli Ncube, Minister of Finance and Economic Development The-2023-National-Budget-Speech-FINAL-IMPODownload

Non-performing loans now less than five per cent

By Owen Mandovha THE Zimbabwe Asset Management Company (ZAMCO), which was created by the Reserve Bank of Zimbabwe to resolve toxic loans in the banking sector, has wound up operations…

Zimbabwe ready to receive more Chinese investments

By Bruce Chahwanda PRESIDENT Emmerson Mnangagwa says Zimbabwe is ready for more investments from the People’s Republic of China to accelerate the country’s modernisation and industrialisation drive. The President made…

2023 budget expected to consolidate gains

By Stanley James, Business Editor THE Minister of Finance and Economic Development, Professor Mthuli Ncube will this Thursday deliver the 2023 National Budget which is expected to set the tone…

Government scoring big on fiscal consolidation

By Davison Vandira THE Zimbabwe Revenue Authority (ZIMRA) surpassed its revenue targets for September by over ZWL$11 billion, in a development attributed to the government’s fiscal consolidation stance. The Second…

Dynamos set to appoint Herbert Maruwa as head coach

By Lawrence Trusida, Sports Editor HARARE giants Dynamos have reportedly turned to former Black Rhinos Coach Herbert Maruwa to replace Tonderayi Ndiraya, whose contract will not be renewed by the…

Buy Zim initiative key in unlocking local value chain

By Oleen Ndori PRESIDENT Emmerson Mnangagwa says the government is committed to supporting the Buy Zimbabwe initiative which is meant to unlock the growth potential of local value chains which…

Public acceptance of gold coins a signal of improved financial confidence

By Davison Vandira THE recently introduced Reserve Bank of Zimbabwe small gold coins for individuals have started on an impressive path with nearly 500 out of the 4 000 introduced…