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Firms evade remitting forex taxes
THE Zimbabwe Revenue Authority (Zimra) says it has detected a string of scams in which some companies charging for goods and services in foreign currency have evaded paying taxes in forex.This...Published: 20 hrs ago | 623 | by Staff reporter
BCC disconnects govt departments
BULAWAYO City Council (BCC) is disconnecting water supplies to government departments over outstanding bills running into several millions of dollars.Recently, the local authority switched off...Published: 20 hrs ago | 399 | by Staff reporter
RBZ orders Zimbabwe banks to give forex
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has ordered banks to settle transactions outside the public glare as he cracks the whip on the sector amid revelations some banks were refusing cl...Published: 03 Dec 2020 at 07:06hrs | 8651 | 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 | 929 | by Staff reporter
Council top brass in US$8m binge
FORMER Harare City council top brass are facing arrest for illegally authorising over US$8 million in packages for managers and splashing millions on allowances, personal vehicles and holidays that mi...Published: 03 Dec 2020 at 06:40hrs | 687 | by Staff reporter
US$300m for Beitbridge Border Post upgrade
THE ZimBorders Consortium has secured nearly US$300 million for the upgrade and modernisation of Beitbridge Border Post, the country's busiest inland port of entry and one of the region's key transit ...Published: 03 Dec 2020 at 06:33hrs | 298 | by Staff reporter
Masvingo Town unleashes debt collectors on ZRP to recover $10m
THE financially-strapped Masvingo City Council has resolved to unleash debt collectors to recover over $10 million it is owed by the Zimbabwe Republic Police (ZRP) in unpaid water bills.The lo...Published: 03 Dec 2020 at 06:28hrs | 187 | by Staff reporter
Basic steps to playing Blackjack
It turns out that the #1 cause of losing in poker is not folding in situs judi online terbaik. Therefore; the first, most basic, skill in poker is folding. An in...Published: 02 Dec 2020 at 10:34hrs | 254 | by Staff Writer
CID team investigating Mnangagwa ally arrested
Alleged Covid-19 procurement corruption mastermind Delish Nguwaya could walk free after criminal proceedings against him all but collapsed on Tuesday when a court removed him from remand.Magis...Published: 02 Dec 2020 at 09:26hrs | 6807 | by Staff reporter
Zimbabwe scores high on debt management transparency
Zimbabwe has reasonably high ratings in the region in terms of debt management transparency according to the Open Budget Index (OBI). A country's budget transparency score, reflected on the OB...Published: 02 Dec 2020 at 06:14hrs | 99 | by Staff reporter
EcoCash revenue continues to dwindle
CASSAVA Smartech Zimbabwe Limited's subsidiary EcoCash's revenue contributions to the group continue to dwindle following recent operating measures effected by the Reserve Bank of Zimbabwe (RBZ) to cu...Published: 02 Dec 2020 at 06:13hrs | 544 | by Staff reporter
Upgrade for Zimbabwe and South Africa border post
Private equity firm Harith General Partners Pty Ltd and the Phembani Remgro Infrastructure Fund are buying equity in a company investing $296 million to modernize Zimbabwe Beitbridge border, one of Af...Published: 01 Dec 2020 at 21:02hrs | 2477 | by Bloomberg
Bussinesswoman bounces back to court on anti-corruption ticket
Theresa Ndambakuwa, a local businesswoman who signed a Deed of Agreement with Ezekiel Mtapuri, a prodigal, has bounced back to court, it has emerged. Theresa Ndambakuwa has managed to resuscit...Published: 01 Dec 2020 at 09:20hrs | 2560 | by Lot Zuvanyika
NGOs pouring substantial amounts of money to unite MDC factions
SOME Western countries are pouring substantial amounts of money through non-governmental organisations (NGOs) to unite feuding MDC factions. If efforts to unite the feuding parties fail, the f...Published: 01 Dec 2020 at 06:48hrs | 923 | by Staff reporter
Govt mulls ending GMB monopoly
GOVERNMENT is resuscitating the agricultural commodities exchange, effectively ending the Grain Marketing Board (GMB)'s monopoly over the marketing and sale of maize and wheat in the country.T...Published: 30 Nov 2020 at 06:10hrs | 548 | by Staff reporter
Motorists, pedestrians can cross border tomorrow
PREPARATIONS have been made for private motorists and pedestrians to use safely the land border posts from tomorrow with the deployment of more staff and equipment on course, and strict health safety ...Published: 30 Nov 2020 at 05:54hrs | 1320 | by Staff reporter
Mthuli Ncube US$100m for Sovereign Wealth Fund
AN equivalent of US$100 million has been set aside in the National Budget to operationalise the Sovereign Wealth Fund (SWF), established about five years ago to build reserves for long term savings, F...Published: 30 Nov 2020 at 05:53hrs | 279 | by Staff reporter
Justify firing workers: High Court rules
Employers terminating a permanent employee's contract can only do so under one of four circumstances set out in the Labour Amendment Act, the High Court has ruled, rejecting an argument put forward by...Published: 30 Nov 2020 at 05:51hrs | 773 | by Staff reporter
Borders reopen tomorrow
Preparations have been made for private motorists and pedestrians to safely use the land border posts from tomorrow with the deployment of more staff and equipment and strict health safety measures in...Published: 30 Nov 2020 at 05:50hrs | 797 | by Staff reporter
BCC demands top-ups for purchased stands
THE Bulawayo City Council (BCC) is considering having residents who benefitted from pre-sale stands pay more money to the local authority for them to be able to get key services such as water, sewer a...Published: 29 Nov 2020 at 19:32hrs | 1376 | by Staff reporter
Black Friday flops in SA
BLACK Friday this year was a flop for South African retailers, early statistics show, with a huge decrease in in-store sales.Retailers expected reduced sales compared to 2019, as shoppers avoi...Published: 29 Nov 2020 at 15:58hrs | 1880 | by Staff reporter
Residents threaten rates payment boycott
GWERU residents have threatened to boycott payment of rates citing numerous cases of revenue leakages, which have affected service delivery.A recent council internal audit revealed that severa...Published: 29 Nov 2020 at 06:55hrs | 499 | by Staff reporte
$123m for pregnant school girls
TREASURY has set aside $123 million for the provision of psycho-social support for pupils who fall pregnant, in a move that reaffirms Government's position on the observance of their non-exclusion fro...Published: 29 Nov 2020 at 06:47hrs | 293 | by Staff reporter
Only few heads have to roll in Midlands for sanity to prevail
In the 2018 elections ZANU PF lost in Kwekwe to a G40 kingpin the late Blackman Matambanadzo. It was not the campaign of Matambanadzo or the idiocy of Chebundo which lost the plot for ZANU PF. It was ...Published: 28 Nov 2020 at 23:46hrs | 1044 | by Dr Masimba Mavaza
Businesses dodge forex tax
Treasury has tightened measures to bring to book businesses that are dodging tax obligations in foreign currency amid concerns that most forex sales in the country are not accurately accounted for, th...Published: 28 Nov 2020 at 07:10hrs | 839 | by Staff reporter
Zimbabwe keen to rejoin Commonwealth
Government will prioritise rejoining the Commonwealth as a launch-pad to unlock international goodwill and sustain re-engagement milestones already realised through resumption of political dialogue wi...Published: 28 Nov 2020 at 07:09hrs | 420 | by Staff reporter
Mnangagwa orders US-dollar payment on foreign currency pensions
PRESIDENT Emmerson Mnangagwa Friday ordered US dollar pension pay-outs on all investments under which workers injected foreign currency.This comes after thousands of Zimbabwean workers were be...Published: 28 Nov 2020 at 07:08hrs | 18075 | by Staff reporter
Vehicle supply syndicate exposed
A syndicate comprising vehicle suppliers and senior procurement officials in various State institutions has been milking millions of dollars from state coffers through murky and inflated vehicle suppl...Published: 27 Nov 2020 at 18:23hrs | 3734 | by Staff reporter
NRZ courting Turkey, Indonesia investors
The National Railways of Zimbabwe (NRZ) is courting investors from Turkey, Russia and Indonesia as it continues with efforts to restructure its operations. Despite demand for its services...Published: 27 Nov 2020 at 17:29hrs | 668 | by Staff reporter
'No 2021 tax clearance certificates to improperly fiscalised operators'
Zimbabwe's tax collector has threatened to withhold 2021 tax clearance certificates to all registered business operators that have not properly fiscalised as most operators are not remitting taxes in ...Published: 27 Nov 2020 at 17:23hrs | 2710 | by Staff reporter
Govt okays forex tollgate fees payment
GOVERNMENT has given motorists greenlight to pay toll fees using foreign currency and says the move will enhance the Zimbabwe National Roads Administration (Zinara) to harness resources to clear its e...Published: 27 Nov 2020 at 17:03hrs | 3011 | by Staff reporter
Zimbabwe gold smugglers shipping over US$1,5bn a year
GOLD worth over US$1,5 billion is smuggled out of Zimbabwe every year, depriving the cashstrapped economy of crucial foreign-exchange revenues, according to research organisation International Crisis ...Published: 27 Nov 2020 at 07:25hrs | 356 | by Staff reporter
High Court bars new museum project construction
HIGH Court judge Justice Felistas Chatukuta has ruled in favour of Kubatana Arts and Craft Centre Co-operative and barred the Institute of African Knowledge from constructing a museum at the co-operat...Published: 27 Nov 2020 at 07:19hrs | 446 | by Staff reporter
RBZ swoops on foreign entities
THE Reserve Bank of Zimbabwe (RBZ) has launched an investigation into the conduct of at least 15 foreign-owned companies, which have allegedly externalised millions of United States dollars, according...Published: 27 Nov 2020 at 07:07hrs | 4354 | by Staff reporter
Zimbabwe slides deeper into debt distress
ZIMBABWE'S total external debt rocketed by US$106 million to US$8,2 billion at the end of September, throwing the economy into further debt distress, according to Finance minister Mthuli Ncube....Published: 27 Nov 2020 at 07:05hrs | 480 | by Staff reporter
2020 vehicle imports marginally surpass 2019 despite COVID-19 shutdown
Vehicle imports marginally increased to 40,052 units between January and October this year up from 40,016 units recorded during the same comparative period last year despite the advent of the Covid-19...Published: 26 Nov 2020 at 09:52hrs | 2066 | by Staff reporter
Mnangagwa wades into ZESA tariff hike
President Emmerson Mnangagwa has ordered power utility ZESA to reduce its stepped electricity tariff from about US$0.19 per kilowatt hour (kWh) to about US$0.10 /kWh following a public outcry....Published: 26 Nov 2020 at 07:57hrs | 30309 | by Staff reporter
2021 budget: Fitting a round peg in a square hole
THE 2021 national budget due to be presented this afternoon presents one of the toughest challenges for Finance minister, Mthuli Ncube.He is expected to roll out strategies that will help the ...Published: 26 Nov 2020 at 07:27hrs | 399 | by Staff reporter
Chivayo trial set for 2021
THE trial of businessman Wicknell Chivayo, his company Intratek and former Zimbabwe Power Company (ZPC) chairman Stanley Kazhanje on bribery charges has been set for next year. Harare regional...Published: 26 Nov 2020 at 07:08hrs | 126 | by Staff reporter
Zimbabweans mend shabby dollar notes amid economic crisis
Albert Marombe takes a grimy, tattered US$1 note and delicately, expertly glues it back into one piece, holding it up for inspection."I don't care how torn it is. All I want to see is the seri...Published: 25 Nov 2020 at 06:20hrs | 6873 | by AP
Most Famous Sports Bettors in the World
Sports betting has been widely acknowledged as one of the finest forms of gambling. It calls for knowledge of the sporting activity, stats, maths, and also extra. It's a whole lot greater than just re...Published: 24 Nov 2020 at 22:49hrs | 296 | by Staff writer
Make a difference: helping your parents financially, amidst tough times
The older you become, the more roles you need to take on. For many South Africans, this includes financially taking care of your elderly parents. While every child wishes to help their parents during ...Published: 24 Nov 2020 at 12:46hrs | 1514 | by Staff writer
Mnangagwa's corruption crack team targets Chiwenga?
PRESIDENT Emmerson Mnangagwa and his political fixers are trying to nail Vice-President Constantino Chiwenga over his ally, Deputy health minister John Mangwiro's scandal of coercing state-owned medic...Published: 24 Nov 2020 at 04:56hrs | 19711 | by Staff reporter
Kambuzuma residents swimming in sewerage
AT a community meeting facilitated by Combined Harare Residents Association in (CHRA) Kambuzuma last week, it emerged that res-idents are living with raw sewage due to the failure by the City of Harar...Published: 23 Nov 2020 at 05:08hrs | 324 | by Staff reporter
Bonus joy for civil servants
GOVERNMENT has started paying civil servants their annual bonuses for this year and the first group comprising employees in the health and security sectors were paid their 13th cheque last week. The b...Published: 23 Nov 2020 at 04:58hrs | 5885 | by Staff reporter
Robert Mugabe's business empire crumbles
THE blistering sun scorches vast swathes of lush green land in the picturesque Mazowe Valley, 40 kilometres north of Harare, as the November heat takes a toll on the baked surface below.It is ...Published: 22 Nov 2020 at 05:25hrs | 17546 | by Staff reporter
Only 10% of Zimbabweans on medical aid
INSURANCE and Pensions Commission (Ipec) commissioner Grace Muradzikwa says medical cover in the country is not working for the majority of Zimbabweans.Only one in 10 Zimbabweans have medical ...Published: 22 Nov 2020 at 04:46hrs | 237 | by Staff reporter
Zimbabwe telecoms sector readies for monitoring technology
THE country will soon put a cutting-edge system that will effectively monitor telecommunications traffic as the Postal and Telecommunications Regulatory Authority (Potraz), edges closer to complete it...Published: 22 Nov 2020 at 04:42hrs | 601 | by Staff reporter
Salaries to be restored to 2018 levels
CIVIL servants' salaries will, by June 2021, be restored to the United States dollar value that they stood at during the multi-currency era as Government continues to reform and grow the economy, a Ca...Published: 22 Nov 2020 at 04:42hrs | 1413 | by Staff reporter
Mnangagwa's straitjacket has no wriggle room, especially now coups are 'legal' - off with his head with crown upon it
"Zanu-PF has a constitution and under that constitution, we sit as a congress to elect our president," said Zanu PF acting national spokes-person Patrick Chinamasa."In 1977, a lot of the leade...Published: 21 Nov 2020 at 08:31hrs | 822 | by Wilbert Mukori
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