AGP Executive Report
Last update: 5 hours agoConstitutional Shake-Up: Zimbabwe’s Senate has approved CAB3, extending President Emmerson Mnangagwa’s tenure until 2030 and replacing direct presidential elections with a parliamentary choice, a move critics call a “constitutional coup” while Defend the Constitution Platform’s Jameson Timba vows to keep fighting in court. Tax Pressure on Business: ZIMRA’s aggressive, retrospective tax audits are drawing backlash from the corporate sector, with industry warning the approach is costly, disruptive and hurting investor confidence. Economy Numbers Reset: Finance Minister Mthuli Ncube says Zimbabwe will rebase GDP for a third time, aiming to better reflect the economy’s current structure ahead of Vision 2030. Mining and Energy Moves: Government warns it will repossess dormant coal concessions and pushes coal as a critical mineral for power generation; China is also urged to invest in Zimbabwe’s industrial parks as trade hits record highs. Health and Tech: Zimbabwe is rolling out a “Welcome back package” for ART defaulters and training journalists on Lenacapavir for HIV prevention; Visa and FMBcapital sign a five-year digital payments deal. Local Life: City Parking plans smart solar traffic systems to ease Harare congestion, while a solar mini-grid project lights up Tshitulipasi in Beitbridge.
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