Business

Zimbabwe December inflation eases

Ndaka Majaka THE prices of basic goods marginally went down in December, with official data showing that the month on month inflation rate last month stood at 16.55 percent, shedding 0.91 percentage ...

Zimra tightens noose on tax defaulters

Ndaka Majaka THE Zimbabwe Revenue Authority (Zimra) says it is has put a stop to its tax moratoriums as some tax payers had started defaulting even more, taking advantage of the good gesture. ...

Muzarabani oil firm gets priority status

Ndaka Majaka AUSTRALIAN Stock Exchange (ASX) junior miner, Invictus Energy (Invictus), says it has received priority project status from the Government of Zimbabwe as the country draws closer to oil ...

Harare parking fees shoot up

By Ndaka Majaka Harare city council’s parking management subsidiary, City Parking, has hiked parking lot fees by over 200 percent. The new fees take effect on January 1, 2020. Unreserved parking in ...

Will it be a dry Christmas for Zim motorists?

By ZTN correspondent Zimbabwe has been facing intermittent fuel shortages for the better part of this year amid long queues at fuel stations countrywide. With the festive season on, demand for fuel is ...