Kudzanai Gerede Business Correspondent Government should balance revenue collection efforts and “open for business” opportunities to minimize substantial losses in potential revenue from multiple tax concessions negotiated by foreign investors in its bid to attract capital inflows, Zimbabwe Revenue Authority (ZIMRA) Commissioner General, Ms Faith Mazani has said.
In an effort to encourage our valued clients to regularise their tax obligations, the Government has, through the Finance Act No. 1 of 2018 published on 15 March 2018, made provisions for granting of a tax amnesty to persons on application. Persons include companies, corporate or unincorporated body of persons and trusts. The tax amnesty […]
Liberty Dube Business CorrespondentZIMBABWE Consolidated Diamond Company excelled at this year’s Manicaland Zimbabwe National Chamber of Commerce business awards ceremony held last Friday at a local hotel after they walked away with the Sustainable Development Goal Champion award, while the company’s chief executive, Dr Moris Mpofu scooped the business leadership award. Dr Mpofu was followed […]
Kudzanai Gerede Business Correspondent With 2018 second quarter coming to a close amid a cash and liquidity gridlock within the economy, high hopes lie in the upcoming mid-term monetary policy statement to proffer remedy suffice to improve cash circulation and foreign currency availability on the market. While the significance of the Monetary Policy may appear vague […]
Sharon Chigeza and Wimbainashe Zhakata Post Correspondents One of Zimbabwe’s largest car dealership and servicing group, Croco Motors has expanded its operations to Mutare by opening Croco Toyota Mutare recently. This is the fourth branch nationwide after Kadoma, Harare and Chiredzi, bearing testimony to the rapid growth the Croco Toyota brand is witnessing. The Chairman of Croco […]
Rumbidzayi Zinyuke Manicaland Bureau Micro Finance Institutions (MFI) under the Zimbabwe Microfinance Fund (ZMF) have partnered with the Food and Agriculture Organisation to finance horticulture production in Manicaland, as the sector seeks to increase micro-lending towards the productive sector in line with Government’s National Financial Inclusion Strategy. In an interview on the sidelines of the Zimbabwe […]
Liberty Dube Business Correspondent MINISTER of Information Communication Technology and Cyber Security Supa Mandiwanzira is tonight (Friday) expected officiate at the 2018 Zimbabwe National Chamber of Commerce (ZNCC) Manicaland business awards scheduled for Golden Peacock Villa Hotel. The awards are meant to honour outstanding companies and businesspersons, who excelled in their business endeavours for the past […]
Kudzanai Gerede Business Correspondent Production in most mineral sub-sectors increased during the first quarter (Q1) of 2018 as compared to same period last year mainly driven by improved viability from firming commodity prices, Chamber of Mines latest data shows.
Liberty Dube Post Correspondent A FARM in Burma Valley — Yarnfield Enterprise — in partnership with Africa University is set to sign a Memorandum of Understanding to enable it produce own tissue culture and better banana varieties which are suitable to Zimbabwe and Southern region.