THE Zimbabwe Revenue Authority (Zimra) has surpassed the revenue projection for first quarter by two percent to $834,6 million against a target of $817,9 million. In a statement, Zimra commissioner ge...
The Minister of Finance and Economic Development, Patrick Chinamasa says government has no capacity to clear its international arrears and principal debts with the Bretton Woods institutions that incl...
Government should shelve the idea of establishing a National Ports Authority until it can afford to undertake such a project without straining the country's fiscus, an official said.Zimbabwe Revenue A...
ZIMBABWE'S multi-currency regime will remain for the foreseeable future, the government said last night, trashing reports that its return was imminent.Deputy Information Minister Supa Mandiwanzira, sp...
THE ZIMBABWEAN government will be forced to reintroduce the Zimbabwe dollar as a desperate attempt to expunge growing domestic debt and manage its wage bill, former finance minister Tendai Biti ...
THE Industrial Development Corporation of Zimbabwe (IDC), a commercial arm of government, has failed to repay CBZ Holdings Limited, through which it raised $13,5 million in diaspora bonds two years ag...
Zimbabwe's government is scrambling to re-establish lines of credit pledged by Southern African Development Community (SADC) member countries four years ago, as it seeks to rescue the faltering econom...
Economic analysts say government's recurrent expenditure that accounts for 95 percent of total expenditure is a reflection of revenue underperformance and must be dealt with as a matter of urgency.Gov...
FINANCE Minister Patrick Chinamasa yesterday confronted US Ambassador to Zimbabwe Bruce Wharton over his country's recent tightening of its sanctions regime that saw the addition of one company and se...
COMPANIES should embrace the standardisation of goods and services to promote the export sector and reduce reliance on cheap imported products, Standards Association of Zimbabwe (SAZ) chairman, Trust ...
Stockbrokers Imara Edwards Zimbabwe say that Zimbabwe is at an opportune moment to attract foreign investment.Imara is one of the largest asset managers in Zimbabwe, managing segregated portfolios for...
ZIMBABWEANS imported 206,519 cars worth over $606 million between January and November last year, shock new statistics reveal.Finance and Economic Development Minister Patrick Chinamasa says the unreg...
Mashonaland West Provincial Affairs minister Faber Chidarikire has pledged free land to the Chinese in exchange for major investment in agriculture. Chidarikire told a Chinese delegation led by deputy...
Indigenisation and economic empowerment policies are not cast in stone and foreigners can hold majority shareholding in any enterprise depending on the nature of their investment, the President has sa...
A SOUTH AFRICAN delegation yesterday met Bulawayo Mayor Councillor Martin Moyo seeking to create partnerships that could lead to the revival of local industries.Speaking after a brief meeting, Clr Moy...
The number of countries participating at this year's 55th edition of the Zimbabwe International Trade Fair has marginally increased to 19 with the United States of America returning after a long absen...
The 55th edition of the Zimbabwe International Trade Fair roars into life in Bulawayo today with President Mugabe expected to officially open the fair on Friday.Due to unforeseen circumstances, Congo...
THE Easter Holiday has come and gone, leaving business operators counting their losses. A snap survey by Chronicle at different businesses showed that business was low and sales had gone down compared...
CABINET has approved a plan to unbundle the Civil Aviation Authority of Zimbabwe (CAAZ) into two entities, a move which is expected to create a competitive regional aviation hub in the country.CAAZ, w...
Former deputy Justice minister Obert Gutu has dismissed recent speculation on President Robert Mugabe's planned cabinet reshuffle saying the move would not improve the country in any way.Gutu who is a...
PRESIDENT Robert Mugabe is mulling a roots and branch shake-up of his Cabinet, informed in part by the poor performance of some of his lieutenants and lately the apparent lack of self-restraint and in...
The Zimbabwe Investment Authority says less than 50 percent of approved investment projects in the country are implemented as the FDI inflows remain suppressed.In the past, several projects have been ...
According to Investopedia, a business model is a 'plan implemented by a company to generate revenue and make a profit from operations. The model includes the components and functions of the business, ...
FINANCE minister Patrick Chinamasa has said for Zimbabwe to prosper economically, the country has to study and understand how other nations have managed to develop.Speaking at the Zimbabwe Special Eco...
THE National Social Security Authority (NSSA) is the latest organisation to be hit by the Zimbabwe Revenue Authority raids on tax-defaulting companies, NewsDay reported.The authority's bank accounts w...