Zimbabwe's Mutapa records 503% surplus after tax increase, other economic and political developments noted
via NewsDay Zimbabwe1 min read
Mutapa recorded a 503% surplus after a tax increase, reaching US$21.67 million in FY25. Other economic news includes Zimra tightening import regulations, a 62% surge in tobacco exports due to strong global demand, and Stanbic linking Zimbabwean farmers to Chinese buyers to boost exports. Conversely, power outages and raw material shortages have impacted ART operations, with the manufacturer reporting a 6% decline in export volumes and a 26% decline in paper division volumes for the third quarter ending June 2022. Harare is owed ZiG4 billion by industry, prompting pleas for payment from Mafume. Political tensions at grasslands plots have led to violent attacks and forced evictions. There are also reports of police increasing their presence in Mabvuku and Marlborough due to a rise in robberies. Additionally, the State has withdrawn charges against a Singapore businessman in a US$1.5 million fraud case. On the environmental front, March rains in 2026 have improved some Zimbabwean crop conditions, and Nyaminyami is urged to coexist with reintroduced wild dogs. An MP donated 20 cattle for independence celebrations, and Drone Solutions launched a life-saving delivery network in Zimbabwe, with regional expansion plans. Afreximbank's US$11 billion investment in South Africa signals a new trade order.
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The relationship between China and Zimbabwe is characterized by mutual learning, historical solidarity, and a focus on practical transformation, moving beyond a traditional donor-recipient dynamic. This partnership has deep roots, including China's 2008 veto at the United Nations Security Council against sanctions on Zimbabwe. This has evolved into a comprehensive strategic partnership with sector-by-sector cooperation. China's Ministry of Commerce leads a large human resources development system, which by late 2025, will have hosted over 2,800 seminars for more than 84,000 participants from 160 countries, including over 1,300 minister-level officials. These seminars are designed for mutual exchange, where Chinese experts share insights on governance, economic reform, media innovation, and technology-driven development, while participants also contribute their expertise. Zimbabwean officials view China's success in poverty reduction as a relevant reference for their own development goals, particularly the concept of "collective prosperity." Cooperation is evident in various sectors, including healthcare, with 22 Chinese medical teams dispatched to Zimbabwe, and cultural exchange through a Confucius Institute at the University of Zimbabwe. Zimbabwe has also granted visa-on-arrival to Chinese tourists to foster deeper people-to-people ties. Zimbabwean officials regularly attend training academies in China, such as the Academy for International Business Officials. The broadcasti
Must ReadA recent report by the US House Select Committee, "China's Minerals Mafia: A Global Pattern of Corruption, Environmental Destruction, and Human Rights Abuse," is criticized for being a geopolitical advocacy piece rather than a neutral inquiry. The article argues that the report selectively documents industrial harms, omitting major environmental disasters involving Western mining companies such as the 2019 Brumadinho dam collapse by Vale and the 2014 Mount Polley dam failure by Imperial Metals. This omission creates a misleading impression that Chinese firms are uniquely problematic, ignoring that environmental and safety risks are industry-wide. The report also fails to acknowledge the development benefits brought by Chinese mining and investment in Africa, including infrastructure development, employment, skills training, and fiscal contributions. Furthermore, the article highlights that the report relies heavily on civil society organizations CSOs without disclosing their funding from Western governments, suggesting a potential bias. It also criticizes the report for ignoring the impact of US sanctions on Zimbabwe and the country's Private Voluntary Organizations PVO Act, which aims to enhance transparency for foreign-funded CSOs. The article concludes that the US report is politically motivated, applies double standards, and disregards African agency and sovereign decision-making.
Must ReadMany developing countries have been presented with external development models, often prioritizing Western-style democracy. However, development economics theories, such as Rostow's Stages of Economic Growth, suggest that different stages of economic development may require different governance priorities. Rostow's five stages include traditional society, preconditions for takeoff, takeoff, drive to maturity, and the age of high mass consumption. Historically, many mature economies prioritized industrialization and urbanization before widespread demands for political and social rights emerged. China's development path, for instance, emphasized adapting strategies to national conditions and maintaining policy continuity during its industrialization, leading to rapid progress. As China entered a new stage, it began to focus more on concepts like "whole-process people's democracy" and the rule of law, illustrating that governance priorities can shift with development stages. Many Western countries, while now advocating for immediate political reforms in developing nations, followed a "development first, rights expansion later" path themselves. This raises the question of who should determine a country's priorities: external advocates or the country itself, especially when basic survival and development needs are unmet. Across Africa, countries are increasingly exploring development paths suited to their unique histories and challenges, rather than copying external models. Burkin
The Zimbabwean music industry often operates without formal legal protections, leaving artists vulnerable to financial losses. Zimdancehall artist M.G HKh experienced this firsthand when a verbal agreement for a song feature resulted in lost money. He later discovered that the Zimbabwe Music Rights Association Zimura, which manages rights for over 5,000 members, offers collaboration agreements and contract forms designed to prevent such issues. M.G HKh is now advocating for Zimura to make these forms publicly accessible to empower artists. Similarly, Public King, a 25-year-old artist, highlights the significant financial hurdles, including studio fees and marketing costs, that emerging talents face. Both artists emphasize the need for professionalization and digital literacy within the industry, with Public King focusing on social media for distribution and M.G HKh's new single, "DEMONS," reflecting the challenges of an unprotected industry. They stress that while passion drives artists, proper protection is crucial for their survival and success.