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June 13, 2026

Business Articles

RBZ Cancels ZB and FBC Building Society Licences

Staff Reporter In a major shake-up of Zimbabwe’s financial and economic landscape, the Reserve Bank of Zimbabwe (RBZ) has cancelled the operating licences of two prominent building societies, while the Government has simultaneously introduced sweeping customs duty...

New 25% Withholding Tax on Betting Winnings Comes to Force in Zimbabwe

Johnson Progress A significant new fiscal measure targeting the burgeoning gaming sector takes effect tomorrow, as Zimbabwe implements an automatic 25% tax on all betting and gambling winnings. The policy, enacted through the Finance Act signed by President Emmerson...

RBZ set to rollout new ZIG Banknotes in 2026

Johnson Progress The Reserve Bank of Zimbabwe (RBZ) has announced that new ZiG currency notes are being printed and ready for distribution, with a carefully managed public release scheduled for the first quarter of 2026. Central bank Governor, Dr John Mushayavanhu,...

ZIMBABWE URGED TO EMBRACE AI OR FACE ECONOMIC OBSOLESCENCE

Johnson Progress Zimbabwe must treat the adoption of Artificial Intelligence (AI) as a national economic imperative to drive growth, enhance competitiveness, and improve efficiency across all sectors, a leading academic and business figure has warned. This urgent call...
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