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ZSE All Share Index Surges in Q3 as Investors Seek Haven Amid Currency Volatility

ZSE All Share Index Surges in Q3 as Investors Seek Haven Amid Currency Volatility

Audrey GalawuAssistant EditorThe Zimbabwe Stock Exchange All Share Index soared by a remarkable 89.22% in the third quarter of 2024, closing at 243.41 points on September 30. This dramatic rise highli...

By Audrey Galawu •
RTG Secures US$5M Loan from NBS for Montclair Acquisition

RTG Secures US$5M Loan from NBS for Montclair Acquisition

Nyashadzashe NdoroChief ReporterListed hospitality giant Rainbow Tourism Group Limited has announced that it has secured a loan facility from the National Building Society to finance its acquisition o...

By Audrey Galawu •
Diaspora remittances power Zimbabwe's economy

Diaspora remittances power Zimbabwe's economy

Philemon JambayaZim Now EditorZimbabwe's diaspora community continues to be a significant driver of the country's economy, with remittances surging to US$1.9 billion in the first nine months of 2024....

By Philemon Jambaya •
ZIMRA embraces digital age with new E-Tariff system

ZIMRA embraces digital age with new E-Tariff system

Philemon JambayaZim Now Editor The Zimbabwe Revenue Authority  has taken a significant step towards modernizing its revenue collection processes with the launch of a new electronic tariff system. This...

By Philemon Jambaya •
Tax Policy Tensions: ZIMRA’s Currency Disputes with Major Corporates

Tax Policy Tensions: ZIMRA’s Currency Disputes with Major Corporates

Nyashadzashe Ndoro and Audrey GalawuZim Now ReportersSome of Zimbabwe’s largest corporates are locked in legal battles with the Zimbabwe Revenue Authority over tax assessments tied to currency payment...

By Audrey Galawu •
Edgars, Invictus boost VFEX performance

Edgars, Invictus boost VFEX performance

Nyashadzashe NdoroChief ReporterFinance Minister Mthuli Ncube has revealed that the recent listings of Edgars Stores Limited and Invictus Energy ZDR on the Victoria Falls Stock Exchange have contribut...

By Audrey Galawu •
Emerging Sector to Face Mandatory Tax Compliance from January 2025

Emerging Sector to Face Mandatory Tax Compliance from January 2025

Audrey GalawuAssistant EditorStarting January 2025, businesses in emerging sectors will be mandated to register for and comply with Corporate and Personal Income Tax requirements. This move, announced...

By ZimNow Reporter •
Simbisa Brands: Growth Through Expansion and Refurbishment

Simbisa Brands: Growth Through Expansion and Refurbishment

Audrey GalawuAssistant EditorSimbisa Brands Limited is doubling down on growth by opening new stores while simultaneously refurbishing older ones. This strategic push comes as the company navigates ch...

By Audrey Galawu •
Victoria falls gets Luxe boost

Victoria falls gets Luxe boost

Philemon JambayaZim Now EditorMinor Hotels, a global hospitality leader, has announced the upcoming addition of Anantara Stanley & Livingstone Victoria Falls Hotel to its portfolio in Africa. This lux...

By Philemon Jambaya •
Innscor Boosts Green Energy Transition to Combat Rising Energy Costs

Innscor Boosts Green Energy Transition to Combat Rising Energy Costs

Oscar J. Jeke Zim Now ReporterInnscor Africa Limited, one of Zimbabwe's leading conglomerates in food production and retail, is accelerating its shift to renewable energy to counter soaring energy cos...

By Audrey Galawu •