Search / Mandiwanza
Zimbabwe economy needs robust tax system
The Zimbabwe Revenue Authority (ZIMRA) is pushing for a modernized tax system to address the complexities of Zimbabwe's economy, particularly the predominantly cash-based informal sector. ...Published: 05 Sep 2024 at 07:07hrs | 131 | by Staff reporter
Zimra mulls severe penalty on tax debts
The Zimbabwe Revenue Authority (Zimra) is considering imposing severe tax penalties to compel public and private entities to settle substantial outstanding tax debts. These debts primarily stem from c...Published: 14 Aug 2024 at 08:31hrs | 174 | by Staff reporter
Zimra adds 66 000 to tax register
The Zimbabwe Revenue Authority (Zimra) has added 65,547 new taxpayers to its register, thanks to its new Tax and Revenue Management System (TaRMS). In Zimra's 2024 half-year report, board cha...Published: 31 Jul 2024 at 07:00hrs | 1102 | by Staff reporter
Lunga-Mbatha awarded US$47 850 for unfair dismissal by CZI
In a David and Goliath protracted legal battle spanning over 20 years, Zimbabwean women and children's rights activist Rita Marque Lunga-Mbatha has been awarded US$47 850.01 for unfair dismissal over ...Published: 20 Jan 2024 at 08:34hrs | | by Staff reporter
Zimra revenue collection surpasses target
A TOTAL of $4,43 trillion in revenue was collected against a target of $3,49 trillion in the first half of the year with positive growth recorded on value-added tax on imports, customs duty, excise du...Published: 29 Aug 2023 at 07:04hrs | | by Staff reporter
Zimra surpasses revenue target
The Zimbabwe Revenue Authority (Zimra) collected $1,99 trillion in net revenue last year, 14 percent above the target of $1,60 trillion spurred by milestones registered in the agricultural sector....Published: 24 Jul 2023 at 06:46hrs | | by Staff reporter
Zimra workers mull industrial action
ZIMBABWE Revenue Authority and Allied Workers Trade Union (ZIMRATU) have petitioned their employer demanding a timetable with three days per week working slots necessitated by eroded salaries which ha...Published: 26 May 2023 at 16:30hrs | | by Staff reporter
Zimra records forex revenue upsurge
ZIMBABWE'S tax agency says United States dollar income and corporate taxes recorded strong growth during the quarter ending 31 December 2022 compared to prior comparative period as companies paid sala...Published: 04 Feb 2023 at 20:11hrs | | by Staff reporter
Chinamasa appointed substantive Zimra boss
Zimbabwe Revenue Authority (Zimra) acting commissioner-general Regina Chinamasa has been appointed substantive boss of the tax authority."The appointments are with immediate effect," Zimra cha...Published: 26 Aug 2022 at 06:35hrs | 6 | by Staff reporter
Zimra is now owed over $33 billion as defaults rise
THE Zimbabwe Revenue Authority (Zimra) has reported a 283,65% increase in debt to $33,25 billion in 2021 owing mostly to exporting firms indicating that the current tax regime remains too high for com...Published: 24 Jul 2022 at 10:01hrs | | by Staff reporter
Zimra surpasses H1 net revenue target
THE Zimbabwe Revenue Authority (Zimra) surpassed by 36,84% to $491,49 billion its target for cumulative net revenue collections for the first half of the year, owing to intensified compliance strategi...Published: 22 Jul 2022 at 06:42hrs | | by Staff reporter
Anthony Mandiwanza finally retires
LONG-SERVING Dairibord Holdings chief executive officer, Mr Anthony Mandiwanza, is retiring after serving the company for 34 years, 24 of them at the helm.In a statement on Wednesday, Da...Published: 20 Jul 2022 at 18:19hrs | 17 | by Staff reporter
RBZ in dramatic U-turn on lending
THE central bank yesterday lifted its temporary suspension of lending services by banks after the policy triggered sustained protests from industry, commerce and the public in general.In a sta...Published: 18 May 2022 at 06:23hrs | 7 | by Staff reporter
Foreign banks troop to Zimbabwe forex auction
UNITED States-based multinational investment outfit JP Morgan was among global lenders that repatriated a combined US$30 million through the Reserve Bank of Zimbabwe (RBZ)'s forex auction system by th...Published: 13 May 2022 at 19:10hrs | | by Staff reporter
Mthuli Ncube appoints new ZIMRA Board
FINANCE Minister Mthuli Ncube has appointed Anthony Mandiwanza as the new Zimbabwe Revenue Authority (ZIMRA) board chair and additional board members effective March 30.The newly appointed boa...Published: 31 Mar 2022 at 18:07hrs | | by Staff reporter
Tafadzwa Mandiwanza: Ireland's first female paediatric neurosurgeon
Tafadzwa Mandiwanza says that growing up in Harare, the capital city of Zimbabwe, she always wanted to be a doctor.Having just been appointed as the first female paediatric neurosurgeon in Ire...Published: 08 Mar 2022 at 07:23hrs | | by Staff reporter
Dairbord to launch US$1,5m new plant
MILK processor, Dairibord Holdings, says it will commission a new US$1,5 million manufacturing plant in the second half of the current financial year. Zimbabwe's largest dairy processor, which...Published: 20 Sep 2021 at 07:09hrs | | by Staff reporter
20 richest investors on the Zimbabwe Stock Exchange
Investors on the Zimbabwe Stock Exchange have amassed staggering wealth since the start of the year owing to the strong pace of recovery in the country and renewed buying interest by local inv...Published: 29 Aug 2021 at 07:05hrs | 240 | by Mfonobong Nsehe
ZOU e-learning portal experiences glitches
ZIMBABWE Open University (ZOU) students yesterday raised concern over the malfunctioning e-learning system at the institution ahead of end of semester examinations this month-end.ZOU acting sp...Published: 04 Mar 2021 at 06:30hrs | | by Staff reporter
ZOU lecturers paid $5 per exam script, cry foul
PART-TIME lecturers at the Zimbabwe Open University (ZOU) said they had gone for over nine months without receiving their allowances and had also not been paid for services rendered in marking this ye...Published: 03 Dec 2020 at 06:46hrs | | by Staff reporter
Anthony Mandiwanza, when is the right time to step down?
Dairibord, former Dairy Marketing Board (DMB) was once one of the largest food producers in southern Africa, was founded in 1951 and listed on the Zimbabwe Stock Exchange (ZSE) in 1997. Dairibor...Published: 04 Nov 2020 at 14:06hrs | 1 | by Engineer Jacob Kudzayi Mutisi
Mnangagwa told to appoint new Minister of Industry
The Reserve Bank and the entire monetary policy team have done well towards stabilising the local currency. A stable currency forms the foundation for a strong economy. The country now needs an ...Published: 14 Sep 2020 at 13:49hrs | | by John Mbizvo
Powercuts hamper milk production
THE rolling power outages in the country have hit milk production hard, businessdigest has learnt.Zimbabwe Association of Dairy Farmers (ZADF) chairperson Kudzai Chirima said the power outages...Published: 09 Aug 2019 at 15:08hrs | 1 | by Staff reporter
Mthuli Ncube needs to work his magic on inflation
ECONOMIC analysts expect Finance and Economic Development Minister Professor Mthuli Ncube to announce new measures to contain and bring Zimbabwe's galloping inflation under control when he presents hi...Published: 21 Jul 2019 at 10:03hrs | | by Staff reporter
Afreximbank grants Zimbabwe interbank forex trade loan
Cairo-based Africa Export and Import Bank (Afreximbank) has extended an undisclosed amount in lines of credit to Zimbabwe's interbank foreign exchange trading to stabilise the forex supply...Published: 24 Mar 2019 at 18:55hrs | 12 | by Staff reporter
A lot of US dollar buyers, but no sellers over low rate set by RBZ
Zimbabwe's new currency will be backed up with fiscal discipline, Finance Minister Mthuli Ncube said on Monday, adding that the government would allow the RTGS dollar to fluctuate but would manage exc...Published: 26 Feb 2019 at 06:41hrs | | by ZimLive
Mangudya kills forex black market?
INDUSTRIALISTS and market watchers have hailed the monetary policy statement presented yesterday by Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya, saying it will kill the foreign currency p...Published: 20 Feb 2019 at 22:40hrs | | by Staff reporter
Dairibord boss calls for new Zimbabwe currency
DAIRIBORD Holdings Limited chief executive officer Mr Antony Mandiwanza has waded into the debate over the re-introduction of a local currency, saying using the US dollar to produce pushes up operatin...Published: 10 Feb 2019 at 05:47hrs | | by Staff reporter
Zimbabwe suspends duty on commodities
Suspension of duty on selected commodities among them luxury and public service buses, ammonium nitrate fertilisers, fertilised eggs for hatching and powdered raw milk among other critical goods, came...Published: 09 Jan 2019 at 11:19hrs | | by Staff reporter
Dairibord sues Probrands over milk packaging copycat
DAIRIBORD Zimbabwe (Pvt) Ltd has petitioned the High Court seeking an order to interdict Probrands (Pvt) Ltd from infringing on its Steri milk product after the firm allegedly used bottle design, pack...Published: 26 Sep 2018 at 08:49hrs | | by Staff reporter
Rugby World Cup African Qualifiers: Zimbabwe Sables incorporate the RWC7s Cheetahs into their structure
HARARE - On Saturday 4 August 2018, Zimbabwe will face Namibia at the newly renovated Hartsfield Grounds in Bulawayo. Zimbabwe began its 2018 Rugby Africa Gold Cup campaign on a lukewarm note with a d...Published: 29 Jul 2018 at 07:41hrs | 4 | by APO
Tunisia accepts responsibility for Zim rugby accommodation mess
Rugby Africa and the Tunisia Rugby Union have apologised to the Zimbabwean national team after they were forced to sleep on the streets of the north African country.Images have surfaced on soc...Published: 03 Jul 2018 at 11:37hrs | | by Staff reporter
Zimbabwe national rugby team forced to sleep on the streets of Tunisia
The Zimbabwe rugby team has reportedly taken to sleeping on the streets of Tunisia allegedly as a result lack of funds.The Zimbabweans, who lost 45-36 to Kenya in a Rugby World Cup qualifier l...Published: 03 Jul 2018 at 09:54hrs | 5 | by News24
Rugby Africa Gold Cup: Final Touches Made as Kenya Readies for Zimbabwe
LAUSANNE, Switzerland - Kenya Simbas and Zimbabwe held their final touches on Friday at RFUEA Grounds in Nairobi Kenya ahead of their Saturday's clash from 3pm local time.Sables head coach Pet...Published: 29 Jun 2018 at 18:30hrs | 4 | by Stephen Jakes
Mandiwanza acquitted of assault
BUSINESS executive, Anthony Mandiwanza, has been acquitted of assaulting his worker using the butt of a gun.Mandiwanza, of Glen Lorne was yesterday set free by Harare magistrate Eric Kadye aft...Published: 31 May 2018 at 16:57hrs | | by Staff reporter
Dairibord boss Mandiwanza faces assault charges
Dairibord Zimbabwe chief executive officer, Antony Mandiwanza appeared at the Harare Magistrates' Court yesterday facing charges of assaulting his private security guard at his residence using a rifle...Published: 04 May 2018 at 07:29hrs | | by Staff reporter
Banks on course to meet RBZ threshold
A MAJORITY of listed banks are on track to achieving the prescribed Reserve Bank of Zimbabwe (RBZ) minimum capital requirement of $100 million by 2020 with some having already surpassed the threshold....Published: 20 Apr 2018 at 07:14hrs | | by Staff reporter
Strive Masiyiwa to contest for Zimbabwe Presidency 'fake news'
A fake e-mail is making rounds on social media, claiming that Econet Wireless founder and Executive Chairman, Dr Strive Masiyiwa has called for a Press Conference tomorrow. A media invitation ...Published: 05 Apr 2018 at 14:33hrs | | by Ndou Paul
Guvamatanga quits Barclays
BARCLAYS Bank Zimbabwe managing director Mr George Guvamatanga has quit the organisation after 28 years of service.In a statement yesterday, chairman, Mr Antony Mandiwanza, said Mr Guvamatanga...Published: 12 Dec 2017 at 05:21hrs | | by Staff reporter
Malawian Bank completes acquisition of majority stake in Barclays Zimbabwe
MALAWI Stock Exchange listed FMB Capital Holdings has completed the acquisition of a majority stake in Barclays Bank Zimbabwe after receiving approvals for all regulatory requirements. This gives FMBC...Published: 16 Oct 2017 at 06:20hrs | | by Staff reporter
RBZ governor backs street sales
STUNG by poor cash circulation on the market, Reserve Bank of Zimbabwe (RBZ) is encouraging local manufacturers to sell their produce directly to the market as a way of tapping into the money that is ...Published: 06 Aug 2017 at 13:15hrs | 1 | by Staff reporter
Bond notes are temporary, says Mugabe
PRESIDENT Robert Mugabe sat and casually snacked on imported American Lay's potato chips, with a bottle of South Africa's Valpre water set on a table in front of him.As the newly turned 93...Published: 02 Mar 2017 at 05:47hrs | | by Staff reporter
Senior cop beaten up for bedding junior's wife
JUNIOR officers at Gutu Police Station allegedly assaulted and handcuffed their superior after one of them caught him pants down with his wife.The senior cop allegedly tried to punch his way o...Published: 04 Aug 2016 at 06:19hrs | | by Whinsley Masara
Veteran Zimbabwean industrialist calls for rand adoption
Veteran industrialist Anthony Mandiwanza says Zimbabwe must adopt the South African rand as its official currency to help ease the current cash crisis and improve the manufacturing sector's compet...Published: 03 Jul 2016 at 19:35hrs | | by Staff reporter
Mother, son fight over lobola
AN elderly Zimunya woman believed to be in her early 60s is embroiled in a nasty fight with her step-son over the ownership of a herd of cattle paid as lobola for one of her three daughters, as we...Published: 28 Mar 2016 at 09:20hrs | | by Blessing Rwizi
Mother, son fight over lobola
AN elderly Zimunya woman believed to be in her early 60s is embroiled in a nasty fight with her step-son over the ownership of a herd of cattle paid as lobola for one of her three daughters, as well a...Published: 26 Mar 2016 at 11:11hrs | | by Blessing Rwizi
Mugabe succession: Let's think outside the box
EDITOR,Allow me to express my views on the hot topic of succession in Zanu-PF. I have been a staunch supporter of Zanu-PF under President Robert Mugabe for more than two decades but it does no...Published: 21 Oct 2015 at 16:39hrs | | by Cain Manyandure
Man rapes sister-in-law
A Mutasa tout who could not control his sexual desire to the extent of unashamedly raping his young brother's wife (16) will languish in prison for the next 18 years.Letford Mandiwanza (...Published: 14 Mar 2015 at 16:24hrs | | by Lovemore Kadzura
Man axes wife to death
A MUTASA man, who struck his wife with an axe accusing her of infidelity, was last week convicted for culpable homicide and sentenced to seven years in prison for causing her death.David Tagu...Published: 02 Jul 2014 at 06:27hrs | | by Staff reporter
Dairibord seeks to replace outdated milk machine
Dairibord will spend $600 000 to procure a new ultra-high temperature (UHT) milk machine from Finland, which is expected to boost production capacity.Dairibord COO Themba Mutsvairo told an inv...Published: 07 Jun 2013 at 07:49hrs | | by Financial Express
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