Archive — 2026-08-02

15 stories Ikka considered most significant on this day. Tap the on any story to read its summary and sources.

Mining Tax Incentives

Zimbabwe's lithium industry wants crucial tax incentives to unlock more than US$1.4 billion in planned investments for high-value lithium sulphate production, the Financial Gazette reported. Speaking on the sidelines of the Mine Entra exhibition in Bulawayo on Friday, Lithium Producers Association of Zimbabwe chairperson Innocent Rukweza said producers supported the government's drive to move away from raw concentrate exports.

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Economy Tax Leakages

The Zimbabwe Revenue Authority is developing systems to monitor e-commerce transactions and strengthen real-time fuel tracking to plug revenue leakages and curb tax evasion, the Financial Gazette reported. Speaking at the ICAZ Winter School in Victoria Falls, Zimra regional manager Gamuchirai Makwangudze said the tax authority is moving to capture the growing digital economy.

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Economy Cement Demand

South African cement producer PPC Limited is bullish on its Zimbabwe operations, citing strong local demand and improved commercial execution that lifted profitability, the Financial Gazette reported. The company said Zimbabwe experienced strong underlying demand during the financial year ended March. The performance boosted the group's foreign currency earnings. PPC's bullish stance reflects confidence in sustained demand. The cement producer's results signal resilience in a challenging economy.

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