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BUSINESS NEWS

The World Bank’s latest Zimbabwe Economic Update has hailed the country’s economic recovery but cautioned that persistent regulatory inefficiencies and weak transparency could stall...

Mthuli Ncube Rules Out Scrapping 2% Tax

BUSINESS NEWS

Prices of basic commodities are expected to rise sharply after Finance Minister Mthuli Ncube on Thursday increased the Value-Added Tax (VAT), piling more pressure...

Value-Added Tax Deferral Minimum Threshold Raised To $1 Million

BUSINESS NEWS

Government has moved to further untangle Zimbabwe’s licensing maze — scrapping eleven permits and fusing overlapping council authorisations into one universal licence — in...

Bitcoin falls another 70% Bitcoin falls another 70%

BUSINESS NEWS

Bitcoin sank below US$100 000 as part of a wider retreat in speculative investments after the Federal Reserve signalled greater caution about the scope...