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BNY Mellon Investment Adviser, Inc. announced today that each of BNY Mellon Municipal Income, Inc. , BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. will...
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Zimbabwean banks faced significant challenges in acquiring foreign currency during the Reserve Bank of Zimbabwe's (RBZ) wholesale foreign currency auction yesterday, as the market grappled with a severe Zimbabwe dollar liquidity crunch. Only one-third of the available foreign currency, amounting to US$10 million, was purchased by banks for onward sale to their clients out of…
Bulawayo's most popular daily newspaper
HARARE - The Treasury in Zimbabwe has announced that it will not accept foreign currency payments for the 50 percent local currency tax component in order to prevent tax arbitrage. The Finance and Economic Development Minister, Prof Mthuli Ncube, directed taxpayers to settle 50 percent of the foreign currency portion of their corporate tax obligations…