Captains of industry and commerce in the beverages sector have welcomed the downward review of the sugar tax from US$0,002 to US$0,001 per gramme of sugar, saying the adjustment will lessen the cost and financial burden associated with the new tax. Finance, Economic Development, and Investment Promotion, Professor Mthuli Ncube last week gazetted Statutory Instrument…
ZIMBABWE will likely remain under heavy inflationary pressures this year, weighed down by the weakening domestic currency and the cocktail of measures announced in the 2024 National Budget to boost fiscal revenues, according to the Confederation of Zimbabwe Industries (CZI). Against this background, the country’s largest industrial lobby group said the 2024 Monetary Policy Statement…