Negative impact of illicit financial flows (III)
When companies under-declare their profits due to IFFs, the government will collect much less revenues than it would have collected, if the companies had chosen to be honest.
By Kevin Tutani
6h ago
Economic stakeholders bemoan liquidity crisis
The annual survey, held under the theme “Weaving Through a Dynamic Liquidity Terrain”, was sponsored by First Capital Bank Zimbabwe.
By Tafadzwa Mhlanga
10h ago
Revisit export retention threshold: UNDP
Local exporters are required by law to surrender the remaining 25% to the Reserve Bank of Zimbabwe in exchange for local currency.
By Tafadzwa Mhlanga and Takudzwa Munemo
Dec. 11, 2024
Tourism feels the heat as ZiG falters
The central bank devalued ZiG by 43% on September 27, after it struggled to hold ground against major currencies, five months after introduction in April.
By Julia Ndlela
Nov. 29, 2024
Of Dr Amai II and double standards in Zim
The coup gang even went to the extent of arresting the then vice chancellor on allegations that he facilitated the awarding of the fraudulent PhD.
By Doctor Stop It
Nov. 24, 2024
ZiG spawns upheavals in insurance industry
Since then, indications of potential changes to Zimbabwe’s functional currency have always ended in trepidation.
By Gamuchirai Nyamuziwa
Nov. 22, 2024
Broke govt cuts spending amid tight fiscal space
In a circular dated November 13, 2024, obtained by NewsDay, Finance, Economic Development and Investment Promotion ministry secretary George Guvamatanga painted a gloomy picture.
By Melody Chikono
Nov. 18, 2024
FBC implements proactive strategies amid economic turmoil
As of September 30, 2024, FBC’s total assets were ZiG17,3 billion and shareholder funds were ZiG3,9 billion.
By Tatira Zwinoira
Nov. 17, 2024
‘Access to food markets to be constrained till May 2025’
This is because some livestock, especially cattle, will not have fully recovered following the extended drought since late 2023.
By Tatira Zwinoira
Nov. 7, 2024
