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Hippo Valley anticipates growth despite drought challenges
  Philemon JambayaAssistant EditorHippo Valley Estates Limited, a major sugarcane producer in Zimbabwe, is forecasting a 4% increase in sugarcane harvest for the upcoming 2024/25 season. This projecti...
ZSE slashes capital gains tax to stimulate growth
Nyashadzashe NdoroChief ReporterThe Zimbabwe Stock Exchange has announced changes to the capital gains tax regime, effective immediately.The key changes include a reduction in the capital gains withho...
Digital banking boosts EcoCash Holdings' revenue by 64% in FY24
Nyashadzashe NdoroChief ReporterEcoCash Holdings has defied economic odds and posted impressive financial results for the year ended February 29, 2024, with digital banking emerging as a key driver of...
Capital gains tax rate slashed to 2% on listed securities
Nyashadzashe NdoroChief ReporterThe Zimbabwe Stock Exchange has announced changes to the capital gains tax regime, effective immediately.ZSE believes the changes are aimed at promoting investment and...
Tungwarara emerges as the top African investor
Zim Now WriterFanfare erupted in Harare on Friday as Zimbabwean investor, Paul Tungwarara, emerged victorious at the Africa Investment Leaders Forum and Awards, clinching the coveted Overall Investor...
ZB Financial Holdings expo paves way for SME growth through collaboration
 Zim Now WriterThe ZB Financial Holdings SMEs Expo recently concluded, buzzing with activity and bringing together key players in Zimbabwe's vital micro, small, and medium enterprises sector.Held unde...
RBZ maintains high interest rates despite lower inflation outlook
Nyashadzashe NdoroThe Reserve Bank of Zimbabwe has decided to maintain the current tight monetary policy stance, keeping the main bank policy rate at 20% per annum and an interest rate corridor of 11%...
ZIMRA’s US$15.9 million claim against Nestle rejected
Nyashadzashe NdoroChief ReporterIn a significant tax appeal case, Swiss food company Nestle Zimbabwe has secured a major victory against the Zimbabwe Revenue Authority, with the court ruling in favor...
FBC to brand Stan Chart acquisition as Crown Bank for wholesale banking
Nyashadzashe NdoroZim Now Chief ReporterFBC Holdings has announced plans to rebrand the acquired Standard Chartered business as FBC Crown Bank, positioning it as a premium offering.According to Herber...
Valuation uncertainties cast shadow on Dairibord's financial health
Dairiboard CEO Mercy Ndoro Nyashadzashe NdoroZim Now Chief ReporterIn a development that may cast a shadow on the financial health of Dairibord Holdings Limited, a recent audit has raised concerns ove...