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'Zimbabweans are already overtaxed'
AMERICAN financial literacy website, Investopedia defines 'wealth tax' as a tax based on the market value of assets owned by a taxpayer.A wealth tax is typically put on a 'high-net-worth' indi...Published: 03 Dec 2023 at 17:37hrs | 10 | by Staff reporter
Farmers struggle to service loans
FARMERS, who obtained loans through the CBZ Bank Agro Yield programme to finance their businesses during the last three farming seasons are having difficulty in repaying them, with official data showi...Published: 26 Jul 2023 at 06:43hrs | | by Staff reporter
'Mthuli Ncube must pay civil servants USD salaries'
PRESSURE is mounting on Finance minister Mthuli Ncube to announce the payment of civil servants' salaries in United States dollars in the 2023 national budget which he will announce today.Ncub...Published: 24 Nov 2022 at 04:59hrs | | by Staff reporter
Africans are to blame for soon-coming Nuclear World War III
When human beings were created, there was a certain field of knowledge which they were not supposed to extrapolate into. Knowledge was supposed to be limited for the good and continuity of this Planet...Published: 05 Nov 2022 at 05:36hrs | 1 | by Ryton Dzimiri
Workers demand USD salaries
ZIMBABWE Congress of Trade Unions (ZCTU) president Florence Taruvinga has said the economy can afford US dollars salaries and workers should be paid salaries that match the poverty datum line (PDL) as...Published: 04 Feb 2022 at 21:31hrs | 1 | by Staff reporter
2022 Post Budget Analysis
The Zimbabwean government presented a ZW$927.3 billion budget (18% of GDP) for the 2022 fiscal year. The government expects to collect revenues totaling ZW$850.7 billion (17% of GDP), thus resulting i...Published: 13 Dec 2021 at 09:11hrs | 4 | by Victor Bhoroma
'Mine workers overtaxed'
MINE workers' unions have bemoaned overtaxing of employees in the sector saying this leaves them with little disposable income, making it difficult to survive during the current economic hardships....Published: 16 Nov 2021 at 05:43hrs | | by Staff reporter
'Zimbabweans overtaxed'
ZIMBABWEANS are being heavily taxed, resulting in the Zimbabwe Revenue Authority (Zimra) meeting revenue collection targets despite a poor economic performance.A recent analysis on taxation by...Published: 08 Nov 2021 at 05:29hrs | | by Staff reporter
'Zimbabwe's retailers deserve a wage subsidy'
WHILE government was bullish in the midterm fiscal policy and revised upwards gross domestic product (GDP) growth projections for 2021 from 7,4% initially projected in November last year to 7,8%, grow...Published: 22 Aug 2021 at 08:01hrs | | by Staff reporter
'Civil servants wage bill Mthuli's headache'
FINANCE minister Mthuli Ncube will tomorrow deliver his mid-term fiscal policy review statement amid growing budgetary demands at a time when the country's tax base is shrinking, and the economy sever...Published: 28 Jul 2021 at 07:43hrs | | by Staff reporter
Plans to repeal crippling taxation on cards
THE Ministry of Mines and Mining Development is currently engaged in major discussions with fiscal and monetary authorities to address the issues of the punitive tax regime and surrender thresholds th...Published: 26 Feb 2021 at 06:55hrs | | by Staff reporter
Informal sector not affected by 2% tax
AN OPPOSITION legislator has called on Finance minister Mthuli Ncube to stop collecting the 2% electronic transaction tax, saying it was burdening workers only as the informal sector was now transacti...Published: 15 Dec 2020 at 06:17hrs | | by Staff reporter
Zanu-PF youths warned against abusing Mnangagwa's name
ZANU-PF National Youth Commissar Godfrey Tsenengamu last Friday warned party youths who abuse President Emmerson Mnangagwa's name to commit crime, saying they will face the full wrath of the law if ca...Published: 24 Jun 2019 at 09:38hrs | | by Staff reporter
Zanu PF youths warned against abusing Mnangagwa's name
ZANU PF National Youth Commissar Godfrey Tsenengamu last Friday warned party youths who abuse President Emmerson Mnangagwa's name to commit crime, saying they will face the full wrath of the law if ca...Published: 24 Jun 2019 at 09:23hrs | | by Staff Reporter
Austerity measures to go next year, says Mthuli Ncube
AUSTERITY measures introduced by government this year will be over by next year when the country starts experiencing economic growth, Finance and Economic Development minister Mthuli Ncube has said....Published: 25 Apr 2019 at 07:04hrs | 2 | by Staff reporter
Revenue collections surpass $5 billion
ZIMBABWE'S revenue collections surpassed $5 billion after a tax increase on electronic transfers buoyed December collections to peak at $572,4 million, official data has shown.In a bid to shor...Published: 31 Dec 2018 at 18:10hrs | | by Staff reporter
Finance Minister - its you who caused this nonsense
The response by our Finance Minister to the demands by striking doctors and other civil servants to be remunerated in forex reflects the highest level of selfishness and inconsiderable government. Com...Published: 18 Dec 2018 at 11:03hrs | 1 | by Isaac Nkomah
Mnangagwa ready to talk with Chamisa
'I'm ready to talk with you' - ED tells ChamisaIn a significant development which could signal the beginning of fresh dialogue to normalise politics in Zimbabwe, President Emmerson Mnangagwa says ...Published: 29 Nov 2018 at 11:49hrs | | by Staff reporter
Chamisa, Biti push for talks to end economic turmoil
Opposition leader Nelson Chamisa and one of his key lieutenants, MDC national vice chairperson Tendai Biti, have called for political dialogue with President Emmerson Mnangagwa to end the country's ec...Published: 28 Nov 2018 at 22:48hrs | | by Staff reporter
'Black market rates to fall in medium-term'
Local research firm IH Securities sees parallel market rates falling in the medium term, as government implements fiscal discipline and moderating consumer demand.Since the presentation of the...Published: 28 Nov 2018 at 22:40hrs | | by Staff reporter
MDC pushes for a national dialogue
Opposition leader Nelson Chamisa and one of his key lieutenants, MDC national vice chairperson Tendai Biti, have called for political dialogue with President Emmerson Mnangagwa to end the country's ec...Published: 28 Nov 2018 at 10:29hrs | | by Staff Reporter
'Budget is full of illegalities' says Tendai Biti
Former Finance Minister Tendai has shred the budget statement by Minister Mthuli Ncube calling it a load of confusion, illegalities and contradictions. In a series of frenzied tweets on ...Published: 23 Nov 2018 at 14:08hrs | | by Mandla Ndlovu
Nkosana Moyo dismisses Mthuli tax reforms
Former Industry and Trade minister Nkosana Moyo has dismissed Finance minister Mthuli Ncube's tax reforms, noting that they do not address the real stem of the economic crisis, which is government's o...Published: 09 Oct 2018 at 14:40hrs | | by Staff reporter
Nkosana Moyo offers free advice to Mnangagwa and Mthuli Ncube
Statement on Fiscal and Monetary StatementsThe population is trying to understand what happened on 1st. October. Should they be happy, unhappy or indifferent?As APA and in my own capac...Published: 09 Oct 2018 at 11:58hrs | | by Nkosana Moyo
Mthuli Ncube needs to cushion the poor
Finance minister Mthuli Ncube stuck to his guns on Friday after his proposed tax on electronic transactions was received with indignation by already overtaxed Zimbabweans and insisted that taxpayers w...Published: 07 Oct 2018 at 08:52hrs | | by Editorial - the standard
Mnangagwa gamble backfires
President Emmerson Mnangagwa has got it all to do after the government's new measures to stabilise the country's sickly economy were rejected by a wide cross-section of the Zimbabwean populace — who...Published: 05 Oct 2018 at 06:28hrs | | by Staff reporter
Government stealing from the poor - ZCTU
The Zimbabwe Congress of Trade Unions (ZCTU) is deeply disappointed by the measures announced by both fiscal and monetary authorities that will worsen the plight of workers and Zimbabweans in general....Published: 03 Oct 2018 at 14:28hrs | | by Japhet Moyo
Zimbabweans now taxed to death
President Robert Mugabe's cash-strapped government is going for broke - slapping long-suffering poor Zimbabweans with a raft of new taxes in its desperate efforts to raise revenue to meet its obligati...Published: 02 Apr 2017 at 18:29hrs | | by John Kachembere
Civil servants reject the National Health Insurance Scheme
CIVIL servants yesterday rejected the National Health Insurance Scheme (NHIS) saying the prevailing economic conditions are not conducive for such a scheme as the Government is struggling to meet ...Published: 14 Feb 2017 at 05:35hrs | | by Staff reporter
Missing Diamonds: I Need My Share play to premier at theatre in the park
Silvanos Mudzvova one man play Missing Diamonds I need my share will premiere at theatre in the park on Wednesday 20 April 2016 at 18hrs. Vhitori entertainment the producers of this play ...Published: 19 Apr 2016 at 13:53hrs | | by Staff Reporter
Mujuru faces revolt by loyalists
FORMER vice-president Joice Mujuru is facing a revolt from disgruntled allies and supporters suspended or expelled from Zanu-PF ahead of, during and after the party's December 2014 congress, forcing...Published: 29 May 2015 at 12:24hrs | | by Staff reporter
Zimbabweans now overtaxed
Finance minister Patrick Chinamasa on Wednesday said Zimbabweans are overtaxed and shot down a proposal by some legislators for government to introduce a levy to mobilise resources in the fight ag...Published: 06 Feb 2015 at 08:41hrs | | by Staff reporter
Govt to scrap bonuses
The government says it is seriously considering scrapping payment of bonuses to its confrontational civil servants due to lack of resources, taking a cue from the private sector which operat...Published: 05 Feb 2015 at 12:33hrs | | by Staff reporter
10 more tollgates set for April
GOVERNMENT has announced plans to set up 32 additional tollgates across the country with 10 set to be operational in the next six months as it seeks to widen its revenue base.The move was lik...Published: 07 Jan 2015 at 08:46hrs | | by Staff reporter
'2014 National Budget is the worst in the history of Zimbabwe' - ZCTU
The 2014 National Budget statement presented by Finance minister Patrick Chinamasa on Thursday, has angered Zimbabwe Congress of Trade Unions (ZCTU) who have described it as "anti-workers" and "th...Published: 21 Dec 2013 at 03:52hrs | | by Staff Reporter
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