Browsing: Business

Business
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Zimra beats revenue target

The Zimbabwe Revenue Authority (ZIMRA)’s 2019 fourth quarter to December 31, revenue collection totalled $11,7 billion, which is 47 percent ahead of the net target and 651 percent above same period in the prior year, as the tax authority improves on revenue collection. 

Business
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Delta injects $11m into sorghum farming

DELTA Corporation has injected more than $11 million into its Beverages Sorghum Contract Farming Scheme (BSCFS) during the 2019/2020 farming season, as it moves to support local farmers.

Business
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‘Zim economy has potential’

Golden Sibanda, Senior Business Reporter UNITED Kingdom-based global economic research firm, Fitch Solutions, says Zimbabwe possesses all human and natural factors for robust growth and development, although the absence of some key underlying fundamentals will present hurdles for quick turnaround and competitiveness of businesses operating in the country. Regardless of the perceived and predicted hurdles […]

Business
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RBZ maintains lending rate at 35pc

THE Reserve Bank of Zimbabwe (RBZ) last week maintained the key overnight bank accommodation rate at 35 percent, reflecting the level at which the central bank believes interest rates should hover.

Business
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Zacc wades into gold smuggling

THE Zimbabwe Anti-Corruption Commission (Zacc) has been handed an explosive gold smuggling report that details well-knit gold smuggling by a coterie of gold buying barons, which is costing Zimbabwe billions of United States dollars, The Sunday Mail Business has learnt. 

Business
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Battling Quick sand with Quick thinking

Many investors need equity returns to build wealth over the long term. Unfortunately sometimes investors find it difficult to endure the sharp declines and volatility that is often experienced in the capital markets.

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