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Airbus identifies Harare-London route as underserved in study of African connectivity

Airbus identifies Harare-London route as underserved in study of African connectivity

Zim Now ReporterIn a study commissioned by Airbus to identify routes with the potential for direct service to stimulate African air travel growth, the Harare-London route has been placed on top.Airbus...

By Philemon Jambaya •
Govt says 8% transaction tax to stay

Govt says 8% transaction tax to stay

Deputy Finance Minister, David MnangagwaNyashadzashe NdoroChief ReporterCompanies in Zimbabwe are facing high transaction costs, totalling around 8%, which includes a 5% bank charge, 2% IMTT, and 1% a...

By Eddie Zvinonzwa •
ZiG transactions attract ZiG corporate tax

ZiG transactions attract ZiG corporate tax

Finance Minister Mthuli NcubeNyashadzashe NdoroChief ReporterFinance Minister Mthuli Ncube has directed that Corporate Income Tax payments should mirror the currency used in business transactions.In a...

By Eddie Zvinonzwa •
NatFoods targets informal traders, aims for wider market reach

NatFoods targets informal traders, aims for wider market reach

Philemon JambayaAssistant EditorNational Foods Holdings Limited, a Zimbabwean giant in the food industry, is making a strategic shift by directly engaging with informal traders. This move sheds light...

By Philemon Jambaya •
Management of sickness absenteeism in the workplace

Management of sickness absenteeism in the workplace

Nhamo VaraigwaiZim Now Special CorrespondentOrganisations with a happy and engaged workforce that feel valued by their organisations are far less likely to experience endemic problems with employee ab...

By Eddie Zvinonzwa •
First Mutual Properties charts course for success, defies geopolitical storm

First Mutual Properties charts course for success, defies geopolitical storm

Nyashadzashe NdoroCHIEF REPORTERDespite a challenging economic landscape marked by global geopolitical tensions, trade tensions, and a slow economic recovery, First Mutual Properties has reported a re...

By Eddie Zvinonzwa •
Auditors highlight lease accounting issues at Meikles Limited

Auditors highlight lease accounting issues at Meikles Limited

Ngonidzashe NdoroCHIEF REPORTERA red flag has been raised over Meikles Limited’s lease accounting practices, with Ernst & Young’s audit report highlighting the need for extra procedures to verify the...

By Eddie Zvinonzwa •
Breakdowns cost Khayah Cement 1,000 hours

Breakdowns cost Khayah Cement 1,000 hours

 Nyashadzashe NdoroChief ReporterKhayah Cement Limited, formerly Lafarge Cement Zimbabwe Limited's 2023 financial year, was marked by a series of costly breakdowns which led to the company losing at l...

By Philemon Jambaya •
Invictus Energy to hold shareholder briefing on Cabora Bassa project

Invictus Energy to hold shareholder briefing on Cabora Bassa project

Nyashadzashe NdoroChief ReporterInvictus Energy has announced that it will hold a shareholder briefing on Wednesday, June 19, 2024.The briefing will discuss the Cabora Bassa Project, including the sig...

By Eddie Zvinonzwa •
Discosteel Commences Iron Production At Manhize Plant

Discosteel Commences Iron Production At Manhize Plant

Zim Now Writer Dinson Iron and Steel Company on Wednesday, announced that it has commenced Pig Iron production at Manhize, near Mvuma.The company expects to produce 600,000 tonnes of steel products an...

By Audrey Galawu •