Business

Zimbabwe has begun enforcing a new 15 percent Digital Services Withholding Tax on payments made to offshore digital platforms, marking a major shift in how the country taxes the fast-growing...

A 21-year-old Zimbabwean university student, Danai Kwedza, has earned regional recognition after securing second place in the 2025 SADC Tertiary Institutions Essay Competition. Kwedza, an Accounting student at the University...

The Reserve Bank of Zimbabwe (RBZ) has announced that newly redesigned ZiG banknotes are ready for circulation, with distribution set to be done through commercial banks and authorised outlets once...

The Zimbabwe Revenue Authority (ZIMRA) has relaxed its proposed monthly tax clearance requirement following strong objections from the business community. Under the revised position, Tax Clearance Certificates (ITF263) for large...

Zimbabwe is cracking down on digital spending! Starting January 1, 2026, a 15% tax will be slapped on payments to offshore online platforms, affecting millions of Zimbabweans who love streaming,...

OK Zimbabwe's turnaround plan is facing some challenges. The company aimed to raise US$30.5 million to restock and clear debts, but selling properties to raise US$10.5 million has taken longer...

  In a move that’s either bold genius or desperate clown shoes, Telecel Zimbabwe has voluntarily entered corporate rescue mode, effective October 27, 2025. Translation , the telecom giant’s waving...

In Zimbabwe, a new chapter of woes unfolds as tensions simmer over the presence of Chinese nationals, described by some locals as a “menace” treating Zimbabweans worse than a bad...

Vice President Constantino Chiwenga’s wife, Minnie Baloyi Chiwenga, has received the prestigious “Outstanding Clothing and Fashion Entrepreneur” Platinum Winner award from Zimbabwe Business Space. Presented on October 17, 2025, the...

Zimbabwe Revenue Authority (Zimra) has slapped OK Zimbabwe Limited, the nation’s largest supermarket chain, with a hefty civil penalty of US$2,054,250 for alleged breaches related to the Fiscal Data Management...