TOBACCO sales surged 121 percent to US$28,7 million on the fifth day of the 2024 marketing season compared to US$12,9 million recorded in the prior year, official figures show. (more…)
THE Confederation of Zimbabwe Industries (CZI) says the inflationary impact of the 2024 National Budget is now being felt throughout the economy. (more…)
LOCAL financial institutions should proactively adopt green mortgages as a distinct product offering to promote climate action, a local property company has urged. (more…)
MARCH is Women's Month, a time to celebrate the achievements and resilience of women across the globe. In the challenging world of finance, women are rising to meet complex economic situations and create innovative solutions. In this interview, The Financial Gazette’s Mishma Chakanyuka (MC) caught up with one…
TAX experts have hailed Zimbabwe’s introduction of the Domestic Minimum Top-Up Tax (DMTT) as a bold move to align with global tax standards, saying this will curb base erosion and profit shifting by multinational corporations. (more…)
RESURGENT brutal power cuts are threatening to bring Zimbabwe to its knees — with the country’s 3,5 percent economic growth target for this year now hanging in the balance. (more…)
THE Atlanta Black Chambers (ABC) has announced a significant investment initiative in Zimbabwe, earmarking US$500 million for the development of housing and tourism infrastructure. (more…)
THE 2024 tobacco marketing season commenced yesterday, with the initial price set at US$4,92 per kg—an uptick from last year’s starting point of US$4,35. (more…)
ZIMBABWE recorded a 4,13 percent increase in tourist arrivals in the fourth quarter of 2023, with 515 336 visitors entering the country, according to the Reserve Bank of Zimbabwe (RBZ). (more…)
ZIMBABWE electricity imports declined 11,4 percent to 2 040,5 gigawatt hour (GWh) in 2023 compared to 2 303,6GWh recorded during the same time in 2022 with South Africa’s Eskom dominating the imports, Zimbabwe Statistics Agency (ZimStats) data has revealed. (more…)