Delta Corporation submitted extensive policy proposals to Zimbabwe's government ahead of the 2025 Mid-Term Policy Review. The beverage manufacturer advocates raising the Value Added Tax registration threshold from $24,000 to above $60,000 annually. Company executives argue current policies hamper business operations and reduce consumer purchasing power. Delta operates as the nation's largest drinks producer, manufacturing Coca-Cola and local beer brands. The firm trades publicly on the Zimbabwe Stock Exchange.
Sugar taxation has substantially affected Delta's operations since February 2024 implementation. Soft drink prices rose between 15 and 45 percent following the surtax introduction. Cordial beverages experienced the steepest price...
Zimbabwe's central bank reported growing credit access among small and medium-sized enterprises, while expressing concern about the persistence of informal sector operations. Chief Examiner Simbarashe Mashonganyika addressed business owners in Bulawayo last Friday regarding the implementation of the National Financial Inclusion Strategy II. The initiative spans from 2022 through 2026 and supports the nation's Vision 2030 economic development goals. The expansion of financial inclusion among smaller businesses could significantly advance Zimbabwe's aspirations for a middle-class economy. The Reserve Bank documented notable improvements in lending activity across the targeted sector.
Loan disbursements to small businesses climbed from...
Raphael Mushanawani received the Business Leader of the Year 2024 recognition from the Zimbabwe National Chamber of Commerce Mashonaland Region. The NetOne chief executive officer led his telecommunications company to capture the Innovation Award during the same ceremony. His strategic vision has transformed NetOne into a major force within Zimbabwe's telecommunications sector. The awards acknowledge Mushanawani's exceptional leadership abilities and technical expertise. His company has achieved remarkable progress under his guidance across multiple digital initiatives.
NetOne has deployed extensive 5G networks and enhanced infrastructure systems throughout Zimbabwe. The mobile operator maintains exceptional network uptime across the...
Civil society organizations across South Africa have mobilized to pressure their government into implementing aggressive wealth taxation policies. The South African Tax Justice Working Group represents major entities like Cosatu, Oxfam, and the Institute for Economic Justice. These groups timed their demands to coincide with the G20 Finance Track meeting happening at Zimbali Resort along KwaZulu-Natal's North Coast. They want officials to align domestic policies with international commitments against multinational corporate tax evasion. The coalition emphasizes that government action must target both wealthy individuals and large corporations.
International discussions around taxing ultra-wealthy individuals have gained significant...
Highlanders face significant obstacles in their pursuit of two priority transfer targets before the July 31 deadline. Obriel Chirinda demands wages that exceed the Bulawayo club's budget parameters. The Ngezi Platinum striker recently received the captain's armband at his current team. Sources indicate his leadership role complicates any potential departure. Highlanders must consider alternative attacking options if negotiations continue stalling.
Nqobizitha Masuku presents another challenging acquisition for the club hierarchy. The midfielder departed Jwaneng Galaxy and attracts interest from multiple regional teams. Former Highlanders connections favor his return to Bosso. Competing offers could eliminate the club's chances without...
Brighton Chimene has achieved a historic milestone for Zimbabwean football officiating. The 35-year-old referee from Rusape received appointment to the 2025 African Nations Championship from the Confederation of African Football. Kenya, Tanzania and Uganda will jointly host the tournament from August 2 through 30. Chimene becomes Zimbabwe's first official selected for the Chan competition. The appointment places him among 75 elite referees chosen for the continental event.
This selection marks Zimbabwe's return to major tournament officiating after a 17-year gap. Kenny Marange last represented the country at the 2008 Africa Cup of Nations. Chimene earned promotion to FIFA's Elite B panel earlier this year, positioning him one level...
Zimbabwe's netball governing body will formalize a strategic alliance with South African counterparts to accelerate sport development ahead of the 2027 World Cup. The partnership enables Zimbabwe to access proven methodologies from a continental powerhouse that has established excellence across multiple areas. Acting president Emmanuel Harawa emphasized that leveraging South African expertise represents the most effective path toward creating sustainable talent development frameworks. The collaboration extends beyond technical aspects to encompass infrastructure advancement and systematic player exchange programs. This approach targets measurable improvements in international competitive performance.
South Africa's established systems...
President Emmerson Mnangagwa addressed attendees at Zimbabwe's National Day ceremony during the Osaka 2025 Expo on Tuesday. The Zimbabwean leader praised Japan's hospitality and organizational support throughout the international exhibition. He highlighted the inaugural Zimbabwe-Japan Business Forum that occurred alongside the main event. The president expressed gratitude to the Japan International Cooperation Agency for facilitating business discussions between the two nations. These exchanges aimed to strengthen economic ties and create new investment opportunities.
Mnangagwa promoted Zimbabwe's tourism assets during his remarks to the gathered audience. He emphasized Victoria Falls and the country's wildlife conservation...
Zimbabwe's parliament advanced legislation that will cap private healthcare costs and mandate emergency treatment access during Tuesday proceedings. Justice Minister Ziyambi Ziyambi presented the Medical Services Amendment Bill, which removes exemptions for existing fee structures at private medical facilities. The proposed changes require ministerial approval for any charges exceeding government-set limits or percentage increases. Private hospitals must accept all emergency patients regardless of payment ability under the constitutional alignment measure. Facilities will provide stabilization care for minimum 48-hour periods before transferring indigent patients.
The bill establishes regulatory authority over healthcare pricing across...
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Thread 'Habibur Rahman Appointed CEO of Paramount Group Effective June 29'
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