Harare (New Ziana)-Finance, Economic Development and Investment Promotion Minister Prof Mthuli Ncube on Thursday introduced temporary import duty on fuel in transit to other countries, a move hoped to help curb rampant cases of transit fraud. Presenting his mid-term budget statement in parliament, he said the electronic cargo tracking system being used by the tax […]
Harare (New Ziana) -Since the introduction of the Zimbabwe Gold (ZiG) currency, the economy has been on an upward trajectory with the relative stability of both prices and exchange rate, Finance and Economic Development Minister Mthuli Ncube has said. Presenting the mid-term budget presentation in Parliament on Thursday, Ncube said the fiscal policy thrust is […]
Harare (New Ziana) – Finance, Economic Development and Investment Promotion Minister, Prof Mthuli Ncube on Thursday revised down the country’s projected economic growth this year to two percent from 3.5 percent earlier forecast due to the devastating impact of drought. Agriculture is the mainstay of the economy, but was this year acutely affected by a […]
Harare (New Ziana) – In a move expected to increase cement raw material supply, Khayah Cement on Wednesday said it will soon embark on a US$15 million refurbishment of its Kiln plant that produces clinker, a key ingredient for cement production. In 2023, Khayah Cement, formerly Lafarge, commissioned a new million-dollar Vertical Cement Mill which […]