Treasury to revoke mining tax breaks
According to CoMZ’s latest report, mineral revenue is expected to rise by approximately 2% in 2024.
By Melody Chikono
13h ago
Govt official requests mine refining, processing capital
Zimbabwe’s most valuable mineral resources are gold, platinum, lithium and chrome, among others.
By Freeman Makopa
Oct. 16, 2024
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Zim miners upbeat despite power, cash squeeze
Local miners are expected to put US$600 million into capital expenditure next year to increase capacity utilisation.
By Nizbert Moyo
Oct. 13, 2024
Industries buckle under prohibitive power tariffs
Economists are warning that the country’s economic growth targets are now in jeopardy, compounded by a severe drought that has wiped out over 80% of crops in some regions.
By Freeman Makopa
Aug. 30, 2024
Mining companies spend big to boost output
According to the Chamber of Mines of Zimbabwe’s (CoMZ) 2023 report, various mining companies are investing heavily in expansion and development projects.
By Mthandazo Nyoni
Jun. 19, 2024
Mining unions petition Labour ministry
Masarire Law Chambers, expressed concerns over the manner in which the selection of the union into NEC was done.
By Silas Nkala
Jun. 19, 2024
Experts rebuff ‘high tax regime’ claim
They argued that the 20% capital gains tax, applied retrospectively on the full purchase price, was excessive and detrimental to investor confidence.
By Mthandazo Nyoni
Jun. 7, 2024
Unfair debt-to-equity ratio irks RBZ governor
According to experts, the optimal D/E ratio varies by industry, but it should not be above a level of 2,0.
By Mthandazo Nyoni
Jun. 7, 2024
Govt must listen to industry’s concerns
Fiscal policies need to strike a delicate balance, according to the Association of Chinese New Energy Miners.
By The Zimbabwe Independent
May. 31, 2024
