Finance Minister Mthuli Ncube and Treasury Permanent Secretary George Guvamatanga have defended the proposed levy on US-dollar cash withdrawals, insisting it is necessary to curb the flow of money from …
Takudzwa Mahove
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Business
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Zimbabwe risks losing huge volumes of gold to neighbouring countries if government pushes ahead with its plan to double gold royalties to 10%, the highest rate in Africa, Chamber of …
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Zimbabwe is reinforcing that mining investment must be responsible. The Ministry of Mines is set to pilot the National Responsible Mining Audit Framework (NRMAF), aimed at closing regulatory gaps and …
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BusinessPolitics
Economists Question Zimbabwe’s US$52 Billion GDP Projection Amid Rising Poverty, Joblessness
Zimbabwe’s projection that its economy will reach US$52 billion by 2026 has sparked intense criticism from economists and social commentators, who say the headline figure masks a worsening reality for …
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Mbizo legislator Corban Madzivanyika has strongly criticised the 2026 National Budget, accusing it of failing to address the everyday challenges facing ordinary Zimbabweans and overlooking critical sectors such as healthcare, …
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Zimplats has commissioned a new 38-megawatt smelting furnace at its Selous Metallurgical Complex, delivering a major boost to Zimbabwe’s value-addition agenda and strengthening the country’s position as a global producer …
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The Ministry of Mines and Mining Development has issued a stern nationwide alert to miners, urging them to strengthen safety measures as the rainy season intensifies the risk of fatal …
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Chiredzi Central legislator Ropafadzo Makumire says the 2026 National Budget falls short in addressing the real needs of young people, warning that proposed tax adjustments may worsen the cost of …
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BusinessMining
Local Content Debate Intensifies as Legislators Accuse Mines of Ignoring Zimbabwean Manufacturers
The long-running debate over low local content in Zimbabwe’s mining sector has resurfaced sharply, after the Parliamentary Portfolio Committee on Industry and Commerce warned that mining companies continue to prioritize …
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Mining
Zimbabwe Introduces Sliding-Scale Gold Royalty System, Mines to Pay Up to 10% at Current Prices
Finance and Economic Development Minister Professor Mthuli Ncube has unveiled a sweeping reform of Zimbabwe’s gold royalty framework, introducing a sliding-scale system that will see large-scale producers paying as much …