Regulatory costs represents 20% of overheads: CZI
A report last month by Imara Asset Management highlighted how the tax system disproportionately affects formal businesses, particularly large corporations.
By Nizbert Moyo
Feb. 12, 2025
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RBZ’s monetary new policy thrust gets mixed reactions
Mutambasere said the policy measures were reactive more than being strategic for the economy.
By Tafadzwa Mhlanga
Feb. 9, 2025
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‘It’s your fault’, RBZ boss tells struggling retailers
He said previously, the TFF was only for the productive sector, adding that they had extended it to retailers due to their “pleas”.
By Tafadzwa Mhlanga
Feb. 7, 2025
RBZ goes after informal traders forex, exporters’ proceeds
In his 2025 Monetary Policy Statement yesterday, RBZ governor John Mushayavanhu announced additional measures to shore up foreign currency reserves.
By Tafadzwa Mhlanga
Feb. 7, 2025
The ZiG is a backed, not baked currency
Prices of precious metals and values of currencies do not always move in tandem.
By Prosper Munyedza
Oct. 31, 2024
Taxes, fees to be paid in ZiG. . . Ncube says move expected to shore local currency
The ZiG is backed by US$450 million in foreign reserves, as of October 10, according to Reserve Bank of Zimbabwe governor John Mushayavanhu.
By Tafadzwa Mhlanga
Oct. 17, 2024
What is happening, Mr Governor?
The governor vowed to defend the currency with his life, reiterating that he would never print more money, as that would fuel inflation.
By The Zimbabwe Independent
Oct. 4, 2024
Flawed interbank market inflicts fresh blows
Introduced in April, ZiG has surrendered value on the formal markets, sliding from US$1: ZiG13,56 on introduction to about US$1: ZiG13,95 currently.
By Shame Makoshori and Freeman Makopa
Oct. 4, 2024
ZiG rejection: Consumers at the receiving end
Zimbabwe’s high inflation, coupled with inadequate pension benefits, has significantly impacted the quality of life for pensioners.
By Evans Mathanda
Sep. 28, 2024
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New movement vows to stop Mnangagwa third term bid, throws weight behind Chiwenga
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Feb. 16, 2025