BUSINESS NEWS

'Illicit financial flows lead to budget deficit'

The Zimbabwe Coalition for Debt and Development (Zimcodd) says lost revenue through illicit financial flows (IFFs) has far reaching consequences on the fulfilment of social and economic rights as it h...

By Staff reporter | Published: 11 July 2018

OPINION

Impact of illicit financial flows on socio economic development

While the "Zimbabwe is open for business" mantra is good in attracting foreign investors the government of Zimbabwe need to step up efforts to curtail illicit financial flows (IFFs) by enforcing anti ...

By Davison Kaiyo | Published: 05 July 2018

OPINION

Zimbabwe's mining sector illicit financial flows

Soon after his inauguration the President of Zimbabwe Emmerson Mnangagwa announced that he has a list of individuals and corporates that has been externalizing money and assets and granted them a thr...

By Davison Kaiyo | Published: 31 May 2018

BUSINESS NEWS

RBZ enhances measures for external capital flows

The Reserve Bank of Zimbabwe (RBZ) is working on strengthening its legal, institutional and regulatory frameworks to effectively ring-fence foreign investments to enable investors to repatriate funds ...

By Staff reporter | Published: 15 May 2018

LANDS & AGRICULTURE

Tobacco cash flows fail to improve liquidity

Foreign currency raised from this year's tobacco sales has not improved Zimbabwe's liquidity position because of the significant increase in the fuel import bill caused by a hike in international oil ...

By Staff reporter | Published: 14 May 2018

AFRICA

JSE sees R90bn in outflows

Amid robust demand for emerging-market equities, there's one place global investors are avoiding: Africa's biggest stock market.With almost a full quarter to go, outflows from the Johannesburg Stock E...

By Staff reporter | Published: 03 October 2017

BUSINESS NEWS

Zimbabwe's FDI inflows stagnate at $400m

Foreign investors have failed to react to Zimbabwe's foreign investment attraction policies as the country's foreign direct investment figures last year stagnated at $400 million, the United Nations C...

By Staff reporter | Published: 25 June 2014

ZIMBABWE

'US dollar inflows key to Zim economic revival'

Zimbabwe's economic growth will be determined by continued inflows of the United States dollar into the country, Imara Asset Management Zimbabwe (Imara) has said.Peter Bailey, Imara's chairperson, sai...

By Staff reporter | Published: 04 December 2013

POLITICS

'Investment laws hinder capital inflows'

FOREIGN investors are looking for flexible laws in African countries in order to realise profit and security for their investments, a legal officer said.Presenting a paper entitled: "Unveiling the...

By Staff reporter | Published: 22 November 2013

BUSINESS NEWS

Zim loses $12 billion in illicit financial flows

Zimbabwe has lost a cumulative $12 billion in the last 3 decades through illegal financial outflows ranging from secret financial deals, tax avoidance and illegal commercial activities, a new report j...

By Staff reporter | Published: 16 September 2013

BUSINESS NEWS

Skewed government policies restrain capital inflows

Uncertainty over government policies will continue to deter capital inflows needed to revive the economy despite Zimbabwe offering an array of investment opportunities, international experts have said...

By Business reporter | Published: 14 August 2013

ZIMBABWE

Zimbabwe investment inflows decline

THE Zimbabwe Investment Authority (ZIA) has approved investment projects worth $184 million for the half year ending June 30 2013 compared to $247 million realised in the same period last year as inve...

By Business reporter | Published: 07 August 2013

ZIMBABWE

Tendai Biti sticks to cash-budgeting as inflows remain critical

Zimbabwe's minstry of finance will continue cash- budgeting as revenue inflows remain severely depressed due to poor economic performance, a senior government official said Monday.Acting permanent s...

By Agencies | Published: 10 June 2013
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