Business

Harare in talks with SA over grounded plane

Ndaka Majaka ZIMBABWE’S flag carrier, Air Zimbabwe, says it is in discussions with the Airports Company of South Africa (ACSA) after its only operational aircraft was grounded at the OR Tambo ...

Era of austerity over – Mthuli Ncube

Prosper Ndlovu THE era of painful austerity measures is over and the country should brace for positive growth and productivity in 2020, the Minister of Finance and Economic Development, Professor ...

Fuel duty spurs Zimra collections

Ndaka Majaka Excise duty from fuel sales contributed significantly to Zimra’s 2019 third quarter net collections which surged to ZWL$6,42 billion from $1,19 billion collected in the same period in ...

Zimra surpasses third quarter target

Ndaka Majaka THE Zimbabwe Revenue Authority (Zimra) surpassed its RTGS$6 billion revenue target for the third quarter of 2019 as gross collections came in 25,55 percent higher at RTGS$6,59 billion, ...

World Bank downgrades Zim to low-income country

Ndaka Majaka TWO months after rating Zimbabwe a lower – middle income country, the World Bank has downgraded the country to a low income country. According to its latest report, the World Bank ...

Zim economy to contract by 7pc: IMF

Ndaka Majaka ZIMBABWE’S economy is expected to contract by 7.1 percent, latest data from the International Monetary Fund (IMF) shows. This is the country’s first Gross Domestic Product ...