ZERA dismiss claims it seeks to tax solar energy users

Zimbabwe Energy Regulatory Authority (ZERA) has issued a statement dismissing as false claims that it will impose a tax on solar energy users. The authority says the report is entirely fabricated and should be ignored.

FACT:

– No tax or levy is required to install or own a solar system for domestic use.
– Government’s National Energy Compact aims for universal energy access by 2030.
– Incentives include:
    – Duty-free importation of solar equipment
    – Training for solar installers
    – Net-metering regulations for excess energy supply to the grid

ZERA urged the public to disregard malicious statements and follow official channels for updates:


Leave a Reply

Business

Tourism business costs slashed

Zimbabwe is making big moves to boost its tourism sector! The government has slashed tourism business costs to lure more investments and reduce the cost of doing business, aligning with the country’s mantra “Zimbabwe is open for business”. Key Fee Reductions: These reductions aim to stimulate tourism investment, create jobs, and increase foreign currency earnings, […]

Read More
Business

ASB Hospitality Acquires Makasa Sun in USD 30 Million Deal

First Capital Bank Limited (FCB) and its co-shareholder, First Capital Bank Staff Pension Fund, have signed an agreement to sell their 100% stake in Makasa Sun (Private) Limited to ASB Hospitality LLC for USD 30 million. The sale, subject to regulatory approvals, includes: Shareholders will be updated as approvals are secured.

Read More
Cafca said export volumes stood at 106 tonnes in the quarter to June 30, 2023 compared to 91 tonnes in the same period last year. (File Picture)
Business

CAFCA’s sales volumes dropped 8%, hit by a sharp decline in export sales.

Cables manufacturer, CAFCA Limited reported an 8% decline in sales volumes for the year ending September 30, 2025, driven by a 32% drop in export sales amid ongoing challenges in the export market. Despite this, revenue rose 56% to US$39.5 million, largely due to exchange rate fluctuations, though it fell 3% in real terms. Margins […]

Read More