PIPING products manufacturer, Proplastics, says its new investment of a 500mm production plant contributed 47 percent to total revenue during the half year ended June 30, 2023.Advertisements
finance
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Business
Inconsistencies in local authorities taxing regimes impacting miners
by Paul Nyakazeya, Group Digital Editor 0 minutes readSMALL scale miners have decried the inconsistencies in the Rural District Councils (RDC) taxing regimes saying it has grossly impacted their operations.Advertisements
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Top Stories
Zimra acts to improve doing business climate
by Farai Mabeza, Senior Staff Writer 0 minutes readTHE Zimbabwe Revenue Authority (Zimra) says its new Tax and Revenue Management System (TaRMS) is a game-changing solution for both domestic resource mobilisation and ease of doing business for taxpayers …
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BETA Holdings says construction of its new brick making plants in Mt Hampden and Melfort is almost complete as the group targets to boost production capacity.Advertisements
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THE Zimbabwe Energy Regulatory Authority (Zera) says it expects a five percent annual increase in liquefied petroleum gas (LPG) usage despite a decline of 2,16 percent in the first half …
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‘Zim dollar strengthening a boon for ICT’
by Mishma Chakanyuka, Staff Writer 0 minutes readTHE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says it is anticipating the import prices of bandwidth, network equipment and software to go down following the local currency’s recent …
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THE Confederation of Zimbabwe Industries (CZI) president Kurai Matsheza says regulatory requirements have become a huge cost to business.Advertisements
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Anxiety grips market as drought looms
by Farai Mabeza, Senior Staff Writer 0 minutes readWITH normal to below normal rainfall expected in the 2023-24 summer season, analysts fear this poses a serious threat to the economy going into next year but hope efforts to …
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Companies & Markets
Fastjet awaits legacy loans legislation
by Almot Maqolo, Staff Writer 0 minutes readFASTJET says it is awaiting the Reserve Bank of Zimbabwe’s (RBZ) final position on the next steps to expunge legacy loan balances.Advertisements
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Companies & Markets
‘Sustainable rentals’ a major challenge in Zimbabwe
by Mishma Chakanyuka, Staff Writer 0 minutes readMASHONALAND Holdings (Mash Holdings) says attaining sustainable rentals has remained a major challenge for the property industry owing to the exchange rate fluctuations and wide disparities between official and unofficial …