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But apart from inspiring potential banking sector disintermediation, steep statutory reserve requirements generally increase costs.

US$670m in unpaid taxes unearthed

US$670m in unpaid taxes unearthed
Zimra has implemented various strategies to recover outstanding taxes, including audits and thorough investigations.
By Mthandazo Nyoni Apr. 4, 2025

Exploring the vibrant world of sports betting in Ethiopia

While the allure of sports betting is undeniable, it's crucial to approach it with caution and responsibility.
By Theindependent Mar. 11, 2024

Satewave churns out power solutions for Zim

Satewave Technologies director Xiao Feng said the company has several solar solutions to address the current power challenges.
By Staff Writer Aug. 15, 2023

Reasons To Buy Bitcoin From A Trading Platform

Another fundamental reason behind getting the coins from this particular space is that it provides
By Theindependent Mar. 2, 2023

Why do banks not want people to rely upon cryptocurrencies?

Cryptocurrency transaction volume is much less than the fiat currencies, leading to a lack of liquidity in the market.
By Theindependent Feb. 9, 2023

Pope Francis makes surprise first appearance at Vatican after hospital stay

Francis usually offers a weekly noon-time prayer in St. Peter's Square on Sundays. But he has not been able to do this since February 9, before going to hospital.
By Reuters Apr. 6, 2025

Lake Chivero land dispute, 70 families face eviction

They were arrested and will be back in court on April 10 to answer to charges of public violence and destruction of property.
By Staff Reporter Apr. 6, 2025

Release funds for Gwayi-Shangani Dam: Minister

On completion, Lake Gwayi-Shangani will be the third largest in-land water reservoir in Zimbabwe.
By Harriet Chikandiwa 14h ago

Cross border traders vow to eliminate smuggling

Zivhu maintained that they had agreed with Zimra that as a pioneer project, they would allow and agree on the receipts they bring to the border and traders would pay duty according to the receipts.
By Nizbert Moyo 14h ago