TELECOMS & TECHNOLOGY

Axis Solutions introduces new fiscal device

LOCAL Information Communication and Technology (ICT) company, Axis Solutions, has introduced a new electronic fiscal device which is affordable and safe from power cuts called the RevMax.Zimbabwe has ...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Mnangagwa's govt urged to maintain fiscal discipline

THE move by government to make the RTGS currency the country's sole legal tender can work if government remains fiscally disciplined, builds political and economic confidence and boost production.Last...

By Staff reporter | Published: 01 July 2019

BUSINESS NEWS

Zimra finalising fiscalisation project

Zimbabwe's tax agency says it is concluding implementation of its fiscalisation programme and that it will undertake the exercise without affecting business.The fiscalisation programme, which is aimed...

By Staff reporter | Published: 03 May 2019

BUSINESS NEWS

Populist measures deepen fiscal crisis

GOVERNMENT'S recent decision to award soldiers and police a hefty "special allowance" a few weeks before Zimbabwe holds a crucial general elections on July 30 shows that President Emmerson Mnangagwa's...

By Staff reporter | Published: 27 July 2018

BUSINESS NEWS

Zimbabwe needs fiscal devaluation measures

ZIMBABWE needs to come up with fiscal devaluation measures if it is to ratify the African Continent Free Trade Area (AfCFTA) and operate competitively under the agreement, experts have warned.Fiscal d...

By Staff reporter | Published: 05 July 2018

OPINION

Mnangagwa's govt fails first fiscal test

ZIMBABWE'S fiscal details for the first quarter of 2018 show government had cumulative revenue collections of about US$1,2 billion, against total expenditure outlays of US$1,4 billion, resulting in a ...

By Staff reporter | Published: 29 June 2018

BUSINESS NEWS

'Quasi-fiscal policies obstructing RBZ role'

THE Zimbabwe Economic Policy Analysis and Research Unit (ZEPARU) says the country still lags behind in trying to solve economic and financial malfunctions in the market, mainly because commercial bank...

By Staff reporter | Published: 07 June 2018

BUSINESS NEWS

Zimra supplies 9 000 fiscal gadgets

ZIMBABWE Revenue Authority (Zimra) has supplied more than 9 000 fiscal gadgets to its clients but the institution faces challenges in supplying more devices due to foreign currency shortages.Fiscalise...

By Staff reporter | Published: 16 March 2018

BUSINESS NEWS

Companies fleeced in Zimra fiscal devices supply

THOUSANDS of Zimbabwean businesses may have lost millions of dollars in an alleged scam by a group of companies contracted by the Zimbabwe Revenue Authority (Zimra) to supply fiscal devices, two years...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

Local content fiscal incentives on the cards

Plans to come up with local content fiscal incentives for companies that will comply with the requirements of this initiative presents an opportunity for the country to further narrow its $1.4 billion...

By Staffr eporter | Published: 05 December 2017

BUSINESS NEWS

Zimra slept on the job on fiscalisation'

'The Zimbabwe Revenue Authority (Zimra) says it did not go full throttle on the implementation of the fiscalisation programme when it was introduced seven years ago. 'The programme was meant to minimi...

By Staff reporter | Published: 22 September 2017

BUSINESS NEWS

Govt identifies suppliers of fiscalisation machines

THE Government has identified nine suppliers of fiscalisation machines as it moves to improve tax revenue collection.Zimra head of corporate communications Mr Canisio Mudzimu said nine suppliers inclu...

By Staff reporter | Published: 13 August 2017

ZIMBABWE

'Chinamasa fiscal review an admission of failure'

Finance minister Patrick Chinamasa's mid-term fiscal policy review is "empty" and an "insult" to long-suffering Zimbabweans, which proves an admission of leadership failure, opposition parties said.P...

By Staff reporter | Published: 23 July 2017

MINING & RETAIL

Zim fiscal law change not 'conducive', says Chidhakwa

Zimbabwe is likely to revoke the recent amendment to fiscal law that stops mining companies from claiming royalties for tax purposes.The move to prohibit mining companies from claiming royalties for t...

By Staff reporter | Published: 04 February 2014

ZIMBABWE

Zim needs an expansionary fiscal policy

The inflation rate in Zimbabwe continues to decline and this is an indication that the country`s aggregate demand continues to be depressed entailing that the country continues to suffer from low econ...

By Staff reporter | Published: 17 December 2013

BUSINESS NEWS

Diamond industry likely to release fiscal pressure

The diamond industry has the potential to release a lot of fiscal pressure that the economy is experiencing which has seen capital expenditure being sacrificed to the detriment of economic growth, a l...

By Staff reporter | Published: 25 September 2013
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