What are the New Fiscal Measures and impacts to businesses? The Ministry of finance, on Monday, announced additional measures to save the free falling local currency. Year to date the ZW has lost 65% on the auction market and 26% of that was lost all in 1 session last...
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Standards Development Fund (SDF) registration.
The Standards Development Fund (SDF) is a statutory body established by the Standards Act, Chapter 14:19 of 1987. The SDF's mandate is to promote the development and use of standards in Zimbabwe. The SDF is funded by a levy on employers and by grants from the...
How to get Tenders in Zimbabwe.
Register your business and start offering services to government ministries and bodies. Here are some tips on how to get tenders in Zimbabwe: Research the tendering process: Before you submit a tender, it is important to research the tendering process. This includes...
Financial reporting implications of February 2 Monetary Policy Statement.
RBZ stops Publishing ZWL CPI : Firms caught between the Hard and Rock Places. The Blended Inflation Saga. The Reserve Bank of Zimbabwe (RBZ) released a Monetary Policy Statement on February 2, 2023, aimed at reviewing the current monetary policy measures. The...
Impact of VAT registration on Business?
Effects of VAT registration on businesses? VAT registration can have a significant impact on a business. The main impact is that it will increase the cost of goods and services. This is because VAT is a consumption tax, which means that it is added to the price of...
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