Commercial Farmers' Union of Zimbabwe
Leather sector gets $15m Homelink boost newsday RESERVE Bank of Zimbabwe-owned lending group Homelink has provided a $15 million loan facility with 7,5% interest rate per annum for players in the leather industry as capital expenditure and working capital. BY MTHANDAZO NYONI In an interview with NewsDay on the sidelines of the on-going Leather Institute …
Free trade treaty: Is Zim ready? The recent signing of the African Continental Free Trade Area treaty (AfCFTA) by 44 African countries, including Zimbabwe, is a culmination of persistent and determined efforts by the African Union member states to aid the growth of the continent’s economies. The CFTA will bring together all African countries …
Agric sector impresses Gates Foundation Elita Chikwati and Andrew MuvishiThe Bill and Melinda Gates Foundation, which holds more than $40 billion in assets, believes that Zimbabwe’s agricultural sector is now ripe for foreign investment, especially under the new political administration. In an interview at the launch of the Zimbabwe Farmers Union (ZFU) 2018-2022 Strategic …
Zim to benefit from $2 billion solar facility Herald ReporterZimbabwe stands to benefit from a US$2 billion solar financing arrangement availed by the Government of India to several African countries, The Herald learnt last night. Vice President General Constantino Chiwenga (Retired) yesterday met India’s President Mr Ram Nath Kovind as part of discussions on …
SEZs incentives draft to be gazetted Herald ReporterGovernment will next month gazette the final draft of incentives that would be offered under the country’s Special Economic Zones. The incentives will be critical in attracting potential investors into the country’s SEZ. Special Economic Zones chairman Dr Gideon Gono told delegates to the London Investment Conference …
African nations sign largest free trade agreement since WTO newsday KIGALI — African leaders on Wednesday signed what is being called the largest free trade agreement since the creation of the World Trade Organization. AP/ Staff Reporter The deal creates a continental market of 1.2 billion people, with a combined gross domestic product of more than …
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Tax amnesty for companies | The Chronicle Oliver Kazunga, Senior Business ReporterGOVERNMENT has gazetted provisions that allow businesses to be granted tax amnesty upon applying to the Zimbabwe Revenue Authority (Zimra) as part of efforts to encourage them to regularise their tax issues. In a public notice, Zimra said the tax amnesty, which is a …
Submission of income tax returns (ITF12c, ITF1, CGT1) All persons who receive income or gains, or to whom income or gains accrue from a source within or deemed to be within Zimbabwe, are required to submit Income Tax Returns or Capital Gains Tax Returns. Planning and preparation is very important in meeting the deadline …
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Forex retention bad for business: Pabst By Newsday – March 9, 2018 The mining sector is the engine for economic growth. NewsDay reporter Blessed Mhlanga (ND) spoke to Wilfried Pabst (WP), chairman of Southern Africa Metals and Minerals Limited, which owns a controlling stake in Bikita Minerals. They discussed the challenges of doing business in Zimbabwe and foreign …
Zimbabwe urged to improve perception March 8, 2018By Own Correspondent President Emmerson Mnangagwa ZIMBABWE should improve international perception and reduce investment risk to attract foreign capital and revive the struggling economy, a financial expert has said.Ngoni Mudzamiri, a partner with Ernst & Young, told The Financial Gazette that Zimbabwe’s difficulties in attracting international finance were caused largely by …