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