Zimbabwe Revenue Authority (Zimra) on Friday put into operation the electronic cargo tracking system (ECTS), introduced as a pilot project in 2017, as it moves to plug revenue leakages through smuggling of commodities. Speaking at the handover of the system from the department of Revenue Assurance to that of Customs and Excise, Zimra commissioner general […]
Zimbabwe’s annual inflation surged to 97.85 percent in May from 75.86 percent the previous month, continuing to gallop on the back of price instability driven by depreciation of the local currency, latest figures released on Monday show. According to the Zimbabwe National Statistics Agency (Zimstats) the jump was primarily a result of increases in the […]
President Emmerson Mnangagwa arrived in Maputo, Mozambique on Tuesday to attend the 12th U.S-Africa Business Summit, a platform for engagements between the Americanprivate sector and African governments.President Mnangagwa, who is among the key speakers at the summit, is leading a high powered delegation which includes Finance and Economic Development Minister professor Mthuli Ncube, Transport and […]
The African Continental Free Trade Area (AfCFTA) will present vast opportunities for member states to develop their economies, while ensuring that the continent presents a united front when dealing with its outside partners, President Emmerson Mnangagwa said on Wednesday. President Mnangagwa is in Maputo attending the 12th U.S-Africa Business summit, a platform for engagements between […]