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Mthuli Ncube Rules Out Scrapping 2% Tax 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...

BUSINESS NEWS

A fresh gold-smuggling scandal has erupted in Kwekwe, President Emmerson Mnangagwa’s hometown, with evidence pointing to a sophisticated network that allegedly siphoned gold worth...

BUSINESS NEWS

Dallaglio Investments says US$18 million capital project works for its underground mine operations at Pickstone Peerless Mine in Chegutu are on target to start...

BUSINESS NEWS

In a statement seen by ZiMetro News, ZERA said the United States dollar price was reduced by 5 cents from the price announced in...

RBZ keeps bank rate at 200pc RBZ keeps bank rate at 200pc

BUSINESS NEWS

The Reserve Bank of Zimbabwe (RBZ) has kept its bank policy rate at 200 percent after its Monetary Policy Committee (MPC) expressed satisfaction with...

Asian stocks, commodities rise Asian stocks, commodities rise

BUSINESS NEWS

Asian equities and commodities rose as traders bet on further reopening of the Chinese economy from Covid restrictions. Currencies of materials and energy exporters...

Bitcoin falls another 70% Bitcoin falls another 70%

BUSINESS NEWS

A further 70% drop in Bitcoin to US$5000 next year is one of the “surprise” scenarios that markets may be “under-pricing,” according to the...