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NEWS & CURRENT AFFAIRS
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Topic : World Bank

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World Bank urges govt to review taxes
In the 2025 Monetary Policy Statement, the central bank raised the mandatory surrender portion of export proceeds to 30% from 25%.
By Tafadzwa Mhlanga Mar. 6, 2025
World Bank urges govt to review taxes

IMTT review long overdue
This comes as the government appears to have no solution in sight to encourage the informal sector to pay taxes.
By Newsday Mar. 4, 2025
IMTT review long overdue

Unpacking solutions to Zimbabwe's multi-billion-dollar conundrum
Yet within this bleak assessment lies a blueprint for recovery, offering Zimbabwe a critical opportunity to reverse course through targeted reforms and strategic policy realignments.
By Lawrence Makamanzi Mar. 4, 2025
Unpacking solutions to Zimbabwe's multi-billion-dollar conundrum

Sub-Saharan Africa turns to nature-based solutions to combat climate change risks
The report emphasizes a pressing need for greater investment.
By Tonderayi Matonho Mar. 3, 2025
Sub-Saharan Africa turns to nature-based solutions to combat climate change risks
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Gvt ready to collaborate with World Bank to boost Zim’s livestock
Trade-related procedures, environmental compliance and the optimisation of developmental levies to ensure effective implementation of the strategies that were discussed.
By Nizbert Moyo Mar. 1, 2025
Gvt ready to collaborate with World Bank to boost Zim’s livestock
Premium

World Bank endorses tax that sparked backlash from firms
The Confederation of Zimbabwe Industries led warnings against the Sugar Tax, saying it would add US$1,6 billion in annual costs to beverage producers. 
By Mthandazo Nyoni Feb. 28, 2025
World Bank endorses tax that sparked backlash from firms

Govt exchange rate distortions cost market US$4,5bn
Such actions could lead to higher revenue collections which could go towards stabilising the ZiG as it would increase foreign currency reserves.
By Tatira Zwinoira Feb. 27, 2025
Govt exchange rate distortions cost market US$4,5bn

Zim loses US$5 billion to monetary, forex policy chaos: World Bank
Other potential reforms to raise revenue include streamlining corporate tax incentives and strengthening mining tax policy, the statement highlighted. 
By Business Reporter Feb. 26, 2025
Zim loses US$5 billion to monetary, forex policy chaos: World Bank

US protectionist policies set to hit Zim trade hard
The effect will be severe as the Reserve Bank of Zimbabwe takes 30% of the export proceeds from exporters.
By Ashton Ndakusiya Feb. 14, 2025
US protectionist policies set to hit Zim trade hard

Latest stories

US$2,2 million payout to Chinese firm raises stink
Premium
US$2,2 million payout to Chinese firm raises stink
Local News
By Tinashe Kairiza and Julia Ndlela
Mar. 7, 2025
Premium
Foreign companies swoop on Zim for mergers
Local News
By Mthandazo Nyoni and Freeman Makopa
Mar. 7, 2025
Markets bullish as old guard returns to OK supermarkets
Local News
By Julia Ndlela
Mar. 7, 2025
Geza expelled from Zanu PF
Local News
By Julia Ndlela and Tinashe Kairiza
Mar. 7, 2025

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