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How Zimbabwe's ruling elite fund their luxuries at the expense of ordinary citizens
They live a tax-free lifestyle, do not pay duty to import vehicles and yet they introduce a new tax every year to fund their luxurious lifestyle. In Zimbabwe, the stark contrast between the lifestyles...Published: 29 Nov 2024 at 12:38hrs | 831 | by Jacob Kudzayi Mutisi
Director in court for US$120,000 fraud
Miccokays Enterprises (Private) Limited director, Gamuchirai Grant Machakaire, appeared in court on Saturday facing charges of defrauding Zakir H. Motola Investments (Pvt) Ltd of US$120,000 in a faile...Published: 14 Oct 2024 at 08:08hrs | 350 | by Staff reporter
Smuggling racket busted at Plumtree border
Police at the Plumtree Border Post successfully foiled a smuggling operation, intercepting three South African-registered vehicles carrying contraband worth over R600,000. The goods, which included gr...Published: 04 Oct 2024 at 08:26hrs | 426 | by Staff reporter
Chinese' shops flood Bulawayo CBD
A bustling shop along Fife Street, between Eighth and Ninth Avenue, known informally as a "Chinese shop," has become a go-to destination for Bulawayo residents in search of affordable goods. From kitc...Published: 18 Sep 2024 at 08:18hrs | 676 | by Staff reporter
Zimbabwe must deal with currency volatility causes, not symptoms
THE United Nations Economic Commission for Africa (Uneca) executive secretary Claver Gatete this week said Zimbabwe should deal with the root causes of currency volatility not symptoms.Gatete ...Published: 07 Mar 2024 at 05:10hrs | 2 | by Staff reporter
Zimbabwe to benefit from AfDB's US$40m Mozambique facility
THE African Development Bank's (AfDB) US$40 million loan to Mozambique's State-owned rail and port authority, Portos e Caminhos de Ferro de Moçambique EP (CFM), will help neighbouring countries, incl...Published: 09 Feb 2024 at 06:59hrs | 2 | by Staff reporter
'Dump Zimdollar'
ECONOMIC analysts have said Finance minister Mthuli Ncube's new measures introduced on Monday have very little chance of saving the Zimbabwe dollar from collapse.They instead advised Ncube to ...Published: 01 Jun 2023 at 06:47hrs | 1 | by Staff reporter
Smuggling crackdown nets 15 buses
The National Security Taskforce has intensified the crackdown on smuggling between Zimbabwe and South Africa and intercepted 15 buses carrying contraband worth thousands of dollars.The buses w...Published: 16 Mar 2022 at 05:29hrs | | by Staff reporter
Man jailed 2 years for conning businessman
AN IMPOSTOR, who claimed to be involving in the business of importing goods from Dubai, has been sentenced to two years in jail for swindling a local businessman of US$2 900.Tapiwa Mbende plea...Published: 27 Aug 2021 at 06:45hrs | 7 | by Staff reporter
Blitz on smuggling nets 22 buses
At least 22 buses have been caught over the past two weeks leaving Beitbridge carrying goods smuggled across the Limpopo. The National Security Taskforce recently deployed to Beitbridge Border...Published: 30 Mar 2021 at 06:42hrs | | by Staff reporter
Customs officer in $5 million duty scandal
A Customs and Excise official in Beitbridge was nabbed for attempting to illegally move out of a State warehouse goods worth $6 million or US$8 483.Nelson Chinguwa, 31, faces a charge of crimi...Published: 08 Dec 2020 at 21:33hrs | 10 | by Staff reporter
SA junk status a big Zimbabwe problem
Zimbabwe's quest to revive its economy will be hobbled by South Africa's plunge into junk status. According to experts who spoke to the paper, the development will likely see Zimbabwe carrying...Published: 03 Dec 2020 at 07:02hrs | 1 | by Staff reporter
Informal traders urged to desist from buying fake COVID-19 certificates
INFORMAL traders have been urged to desist from buying fake COVID-19 certificates to avoid the inconvenience of being turned back at the ports of entry following the reopening of borders.Borde...Published: 02 Dec 2020 at 06:19hrs | | by Staff reporter
Cross border traders cry foul
The Covid -19 pandemic negatively affected the day to day activities of women in Zimbabwe's informal cross border operations. Speaking during an interface workshop at the Zimbabwe Women Bureau...Published: 06 Nov 2020 at 06:26hrs | 1 | by Staff reporter
FULL LIST: Police impound 10 vehicles in Beitbridge for smuggling
The Zimbabwe Republic Police Patrol surveillance teams have intercepted and impounded ten vehicles which were carrying suspected smuggled goods.In a statement on Wednesday police said, "...Published: 29 May 2019 at 14:52hrs | | by Mandla Ndlovu
Smart money is in rural Matebeleland
While Zimbabwe grapples with a foreign-exchange shortage, rural districts in Matebeleland North and South have fostered a thriving South African rand economy.Since the abolition of Zimbabwe's ...Published: 26 May 2019 at 20:54hrs | 3 | by Sunday Times
Relief for Zimbabwe car importers
The Zimbabwe Revenue Authority (Zimra) has thrown a lifeline to private motor vehicle buyers who paid for car imports on or before November 22, 2018, exempting them from mandatory duty in foreign curr...Published: 25 Nov 2018 at 09:09hrs | | by Staff reporter
Govt Suspends Restrictions On Importing Goods
The following goods are no longer subject to SI22 of 2017 restrictions:1-Margarine 2-Stockfeeds3-Shoe Polish 4-S...Published: 23 Oct 2018 at 16:33hrs | 4 | by Staff Reporter
To introduce or not to introduce domestic currency in the short run, that is the question!
By "To be or not to be" is the manner the literary genius William Shakespeare chose to employ as an opening of a soliloquy for Prince Hamlet in the play Hamlet. "To re-introduce or not to re-introduce...Published: 11 Sep 2018 at 16:08hrs | 11 | by Prosper Munyedza
Industry expresses concern over poor quality imports
CONFEDERATION of Zimbabwe Industries (CZI) has raised concern over the influx of substandard imports, which are easily evading the Bureau Veritas pre-importation assessment system in a development lik...Published: 20 Aug 2018 at 05:57hrs | 3 | by Staff reporter
Smugglers cash in on porous Beitbridge border
SMUGGLING across the dry Limpopo riverbed has never been this high. Queues of vehicles loading goods illicitly brought into the country have turned dirty village road networks into busy streets....Published: 10 Aug 2018 at 07:55hrs | | by Staff reporter
How Zimbabwe loses millions to smuggling syndicates
THE government could be losing millions of dollars in revenue via its north-eastern port of entry at Forbes Border Post due to under-declaration and false classification of goods by importers to evade...Published: 17 Jun 2018 at 11:42hrs | | by Staff reporter
'Cheap Chinese imports killing Zimbabwe industry'
THE Democratic Opposition Party (DOP), one of the several opposition parties contesting the July 30 harmonised elections, has blamed company closures and resultant high unemployment on the importation...Published: 08 Jun 2018 at 07:27hrs | | by Staff reporter
Yes, we can dream big once more
Zanu-PF stole people of Zimbabwe's dreams for so many years. Some did not realize their full potential because they had put in place a system based on Zanu-PF patronage not on merit. When the situatio...Published: 27 Mar 2018 at 08:13hrs | 4 | by AT Kadada
Outcry over basic goods price hikes
THE recent increase in the prices of basic commodities in Zimbabwe has irked consumers who feel the move will wipe away their meagre incomes and raise the cost of living.The last few weeks...Published: 07 Feb 2017 at 05:23hrs | | by Staff reporter
The bond notes will fail in the same way the Zimdollar
.....and the bearers' cheque failed The Zimbabwe dollar that was inherited from the Rhodesian government in 1980 with the exchange rate of one to one w...Published: 29 Nov 2016 at 21:13hrs | | by Themba Mthethwa
'Sadc countries agreeable to Zimbabwe imports ban'
Industry minister Mike Bimha has sensationally - claimed that southern African countries have made peace with Zimbabwe's imports ban regulations.This was after Sadc member states - led by ...Published: 17 Oct 2016 at 13:18hrs | | by Staff reporter
Mujuru, Chombo drag Mugabe to court over importation ban
Zimbabwe People First (ZimPF) leader, Joice Mujuru has dragged her former boss President Robert Mugabe to court saying the importation ban was negatively affecting her survival as a widow. ...Published: 31 Jul 2016 at 11:32hrs | | by Staff Reporter
Some misguided South African elements meddling in Zimbabwe's affairs
"We are on the side of people of Zimbabwe never governed by fear. The people always win like you did in 1980. Victory is certain," twitted Julius Malema, leader of a South African opposition party Eco...Published: 15 Jul 2016 at 15:37hrs | | by Chadzimura Mhute
Government urged to include more goods under import restrictions
CAPTAINS of industry are pushing the Government to include more goods under import restrictions arguing that most local companies were now able to meet national demand. Confederation of Zimbab...Published: 10 Jul 2016 at 06:27hrs | | by Staff Reporter
New imports law for commercial not individual buyers
Government has clarified that the statutory instrument number 64 of 2016 which restricts the importation of selected basic commodities is targeted at commercial imports and not individuals.Add...Published: 08 Jul 2016 at 07:03hrs | 2 | by Roberta Katunga
Chinamasa faces court action
CROSS-BORDER bus operator, Jay Jay Travel & Tours, has threatened to drag Finance minister Patrick Chinamasa to the Constitutional Court challenging his decision to grant $200 duty-free allowa...Published: 30 May 2016 at 07:05hrs | | by Staff reporter
Zimbabwe mulls tweaking tariff regime
GOVERNMENT is considering reviewing the import tariff regime before the end of the year to stem the rising tide of imports, increase production capacity and narrow the trade gap.The envisaged ...Published: 15 May 2016 at 07:44hrs | | by Livingstone Marufu
Importing goods by post
Duty on goods imported by post can be assessed at Post Offices in Harare, Bulawayo, Masvingo, Mutare, Gweru, Victoria Falls and Beitbridge.If goods are received from outside the country as mai...Published: 14 Apr 2016 at 06:29hrs | 5 | by Zimra
'Scrapping travellers rebate retrogressive'
The Zimbabwe Coalition on Debt and Development has said the scrapping of the travellers rebate on public transport will effectively kill small businesses while it will fuel corruption at the border po...Published: 21 Jan 2016 at 05:17hrs | | by Business Reporter
Cash-strapped Zimbabwe govt slashes travellers' rebate
Government has revised travellers' rebate to $200 from $300, among a cocktail of measures as it seeks to maximise revenue collection from imports and address the continued abuse of the facility by loc...Published: 05 Jan 2016 at 06:05hrs | | by Thupeyo Muleya
Beitbridge Alert: 'Bogus agriculture officer terrorising fruit and veg importers'
EditorI am very concerned with the corruption of agriculture officer by the name [name supplied], who works for the department of agriculture in the border. cell no. [number supplied]....Published: 20 Dec 2014 at 11:52hrs | | by Concerned citizen
Debt stands in the way of Zimbabwe - China courtship
In my last week column, I highlighted that there is a "beauty contest" for international capital.The RBZ, in it...Published: 21 Sep 2014 at 11:17hrs | 3 | by Nesbert Ruwo
Duty collection not for police, says Zimra
The Zimbabwe Revenue Authority (Zimra) has advised cross-border shoppers to demand identity documents from police officers confiscating their goods on the pretext they would be acting on behalf...Published: 19 Sep 2014 at 09:22hrs | 1 | by Staff reporter
Choppies to open four more supermarkets
BOTSWANA Stock Exchange-listed retail chain - Choppies - is set to continue expanding its foothold in Zimbabwe, with four more supermarkets set to be opened in Bulawayo and Harare before the end of th...Published: 07 Sep 2014 at 09:19hrs | 1 | by Roberta Katunga
Zimbabweans suffer from 'import mania' says Chinamasa
The problem of Zimbabwe's ballooning trade imbalance is being exacerbated by businessmen who are importing goods that can be manufactured locally thus rendering the industry inefficient, Finance Minis...Published: 06 Aug 2014 at 16:50hrs | 3 | by Staff reporter
Beware of VAT fraud - tax expert
It is a fact that we are living in a challenging an economic environment and it is really proving difficult to run a profitable business in Zimbabwe especially for the SME sector to which I belong. I ...Published: 26 Jun 2014 at 11:15hrs | | by Elisha Tshuma
Was DEMAF meant for South Africans?
As we approach Workers Day on the first of May 2014 many workers have nothing to celebrate. The sad reality is that in Zimbabwe only civil servants and a few workers in the private sector will cel...Published: 29 Apr 2014 at 14:46hrs | 1 | by Concerned Bulawayo workers
U.S. Policy in Post-Election Zimbabwe: The statement that got US Ambassador attacked by Nathaniel Manheru
Protocol Greetings I know that I am not the first American diplomat to speak here about the relationship between Zimbabwe and the United States. While our programs and approaches change...Published: 21 Feb 2014 at 11:59hrs | 7 | by Bruce Wharton
Mliswa wants govt to revise the indigenisation programme
ZANU-PF Hurungwe West Member of Parliament Temba Mliswa has implored government to revise the indigenisation and empowerment programme so that more people, instead of only a few connected individuals,...Published: 24 Oct 2013 at 06:37hrs | | by Staff reporter
Zimbabwe urged to replace imports with local produce
A Bassfisherman's ApproachACCORDING to recent statistics, the trade deficit between Zimbabwe and South Africa is US$530 million. Zimbabwe is importing goods worth US$3,2 billion from Sou...Published: 08 May 2013 at 03:47hrs | 1 | by Ben Chiganze
Zimstat: SA continues to be Zim's main trading partner
Zimbabwe's trade with South Africa reached US$5,8 billion in 2012 although the neighbouring nation enjoyed a trade surplus.Official data from the Zimbabwe National Statistics Agency (Zi...Published: 14 Feb 2013 at 18:07hrs | 2 | by Staff Reporter
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