Business Articles

TIMB Targets Record 360m kg Harvest as Tobacco Season Begins

Vongai Masuka The Tobacco Industry and Marketing Board (TIMB) has officially launched a nationwide "quality push" as the 2025-26 tobacco harvesting season kicks off, urging farmers to adhere to strict handling protocols to protect a projected record-breaking crop....

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,...
WordPress PopUp Plugin