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China-Africa Trade Information Service
Miners operating in Zimbabwe will have to pay some of their royalties in refined metal rather than cash.The country's president announced the move in a newspaper on Sunday (Oct 9), as the country struggles to benefit from the demand for its resources.
Zimbabwe's farmers have made fresh calls for the scrapping of the tobacco levy going into the next season, as $23 million collected under the fund since 2015 has not been disbursed to serve its purpose.
Government is amending the Indigenisation and Economic Empowerment Act to reflect its policy position that the 51-49 percent requirement only applies to natural resource-based investments.
Government has suspended grain imports as the country has enough strategic grain reserves with more deliveries from the anticipated bumper harvest expected to boost food security, Vice President Emmerson Mnangagwa said yesterday.