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Zimbabwe political parties attend Workers Day commemorations
Zimbabwean workers yesterday joined the rest of the world in commemorating Workers' Day, with the Government calling for unity while expressing its commitment to improving the welfare of workers throu...Published: 02 May 2022 at 07:53hrs | 80 | by Staff reporter
Mnangagwa improves MPs, civil servants perks
Government has fixed up to US$10 000 worth of vehicle that civil servants can import duty free while Members of Parliament will now be allowed to import two vehicles duty free as the Second Republic s...Published: 02 May 2022 at 07:51hrs | 345 | by Staff reporter
Screws tightened on 'dishonest' civil servants
GOVERNMENT has tightened the duty-free rebate scheme on motor vehicles for civil servants following reports that unscrupulous car dealers were importing second-hand vehicles duty free after conniving ...Published: 27 Apr 2022 at 12:47hrs | 290 | by Staff reporter
Zimra targets US$ tax evaders
THE Zimbabwe Revenue Authority (Zimra) has launched an operation targeting companies not paying taxes in United States dollars despite selling their goods and services in foreign currency.Sect...Published: 08 Apr 2022 at 06:48hrs | 268 | by Staff reporter
Indian billionaire targets Zimbabwe investment
INDIAN billionaire Mr Nawab Shaji Ul Mulk has set his sights on investing in a number of sectors in Zimbabwe after his recent meeting with President Mnangagwa and top Government officials in Dubai, th...Published: 21 Mar 2022 at 06:22hrs | 234 | by Staff reporter
Govt steps up efforts to lure Diaspora
PRESIDENT Mnangagwa has directed the Government to urgently set up an inter-Ministerial committee to work on strategies to engage Zimbabweans in the Diaspora so they can contribute to the country's de...Published: 20 Mar 2022 at 06:24hrs | 233 | by Staff reporter
Mthuli Ncube pushes tax relief for youth
GOVERNMENT has urged companies to embrace the Youth Employment Incentive (YEIT) that will see firms employing youths below 30 years benefiting from tax exemption.Youths who are a vital cog for...Published: 12 Mar 2022 at 07:36hrs | 113 | by Staff reporter
Red tape blights civil servants' vehicle import scheme
EVERAL civil servants' vehicles imported under a duty-free scheme are stuck at the country's borders accumulating storage costs as the Finance and Economic Development ministry has not yet processed e...Published: 11 Mar 2022 at 20:11hrs | 877 | by Staff reporter
Govt, workers sign salary deal
SERVICE Commissions secretary Jonathan Wutawunashe on Monday said workers unions had signed for the salary deal tabled by government last month to improve workers conditions of service.In a st...Published: 02 Mar 2022 at 05:44hrs | 1549 | by Staff reporter
Govt, civil servants agree on new benefits
Civil servants' representatives yesterday signed an agreement with the Government in acceptance of the significant steps taken to improve conditions of service for its workers.In a statement, ...Published: 01 Mar 2022 at 05:29hrs | 793 | by Staff reporter
Government targets 26,6% renewable power
THE Government is targeting a renewable energy installed capacity of 26, 5 percent of total output from domestic power generation by 2030, a senior official has said.Secretary for Energy and P...Published: 03 Feb 2022 at 05:36hrs | 48 | by Staff reporter
Bulawayo parking system imminent
THE Bulawayo parking management system is expected to be up by February, with the contractor to do the job - Tendy Three Investments (TTI) revealing that equipment for the system will be arriving in t...Published: 16 Jan 2022 at 08:57hrs | 127 | by Staff reporter
Zimra explains TIPs chaos
Temporary Importation Permits (TIPs) cannot be issued for periods exceeding an initial three months to qualifying importers to cover the visitor's stay in Zimbabwe, the Zimbabwe Revenue Authority (Zim...Published: 31 Dec 2021 at 07:24hrs | 605 | by Staff reporter
Zimbabweans told to leave South Africa ?
Thousands of Zimbabweans recently given 12 months to leave South Africa have suffered a double whammy after a "cruel" decision by Zimbabwean authorities which will rob them of a chance to enjoy the Ne...Published: 31 Dec 2021 at 00:14hrs | 5749 | 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 | 883 | by Victor Bhoroma
'Tax incentives rip off Zimbabwe'
A LEADING resources watchdog has piled pressure on government to disclose the value of potential revenues it forfeits due to special tax incentives offered to attract investment.The Zimbabwe E...Published: 12 Dec 2021 at 19:13hrs | 40 | by Staff reporter
$100m boost for Mpilo hospital from Govt
MPILO Central Hospital has received an additional $100 million from the Government for the ongoing refurbishment exercise meant to provide healthcare workers with decent accommodation at the public ho...Published: 29 Nov 2021 at 05:32hrs | 6 | by Staff reporter
Rebate on duty scammers exposed
GOVERNMENT has tightened the conditions for businesses benefiting from the rebate of duty facilities amid concerns over lack of transparency and accountability, which has seen some beneficiaries makin...Published: 29 Nov 2021 at 05:32hrs | 8 | by Staff reporter
ZimPost appeals for drones
ZIMPOST acting postmaster-general Isaac Muchokonori has pleaded with Parliament to approve use of drones and robots as well as craft legislation that helps improve the country's postal, telecommunicat...Published: 16 Nov 2021 at 05:41hrs | 6 | by Staff reporter
MultiChoice keeps losing DStv Premium subscribers
As MultiChoice's DStv Premium and DStv Compact Plus subscribers keep declining due to MultiChoice's shift in focus to offer a bigger value proposition to mass-market customers on lower-tiered DStv bou...Published: 13 Nov 2021 at 19:53hrs | 28 | by Staff reporter
'End Zimdollar fuel fraud'
Government has roped in the National Oil and Infrastructure Company (NOIC) to monitor the distribution of fuel imported under the Reserve Bank's foreign currency allocation facility to ensure oil firm...Published: 13 Nov 2021 at 05:55hrs | 63 | by Staff reporter
2022 National Budget Expectations
Zimbabwe's national budget for 2021 is expected to be presented within the coming 30 days amid fears of a resurgence in high levels of inflation. The country's annual inflation dropped from 363% recor...Published: 01 Nov 2021 at 14:30hrs | 19 | by Victor Bhoroma
Zimra stalling development in the country
The Zimbabwe Revenue Authority is throwing stones in the way of President Emmerson Mnangagwa's vision 2030 as they are charging exorbitant duty to local and international investors who would want to i...Published: 12 Oct 2021 at 19:05hrs | | by Shelton Muchena recently in Victoria falls
'Top bankers assigned to guard Zimbabwe's IMF windfall'
Finance Minister Mthuli Ncube laid out a solid spending plan for the US$961 million recently injected by the International Monetary Fund (iMF), saying the windfall would be guarded by three top banker...Published: 03 Sep 2021 at 07:01hrs | 12 | by Staff reporter
Mnangagwa's govt extends workers vehicle rebate scheme
GOVERNMENT has agreed to extend the duty-free rebate on motor vehicle scheme for civil servants beyond June 2021, as part of efforts to cushion public service workers through non-monetary incentives. ...Published: 24 Aug 2021 at 06:28hrs | 1 | by Staff reporter
Zimbabweans paying more than necessary for Covid tests
ZIMBABWEANS are forking out way above what should be logically reasonable, up to over 100% more than their neighbouring South Africans for similar Covid-19 tests.Laboratories and some private ...Published: 01 Jul 2021 at 14:51hrs | 2 | by staff reportr
Zimbabwe forex rules 'a tragedy of good intentions'
LAST week's promulgation of Statutory Instrument 127 of 2021, which penalises issuance of local currency receipt for foreign currency purchases and pricing goods above the official auction rate, among...Published: 06 Jun 2021 at 09:59hrs | 4 | by Staff reporter
Invictus pushes for million-hectare oilfield
AUSTRALIA Stock Exchange-listed oil and gas explorer, Invictus Energy yesterday requested government to expand its exploration claims in Muzarabani by 10 times, marking another phase in the firm's hun...Published: 04 Jun 2021 at 07:14hrs | 1 | by Staff reporter
2021 Mid-Term Budget Expectations
Zimbabwe's mid-term budget for 2021 is expected to be presented in the beginning of July amid encouraging signs of economic recovery in the last 12 months. The country is undergoing a period of relati...Published: 03 Jun 2021 at 20:21hrs | 2 | by Victor Bhoroma
Vehicle imports tumble more than 60%
Numbers of second-hand vehicles imported through Beitbridge have slumped from around 60 a day to an average of 22 a day this month following the introduction of new regulations that make it very hard ...Published: 20 Apr 2021 at 07:19hrs | | by Staff reporter
Zimra reviews vehicle clearance process
The Zimbabwe Revenue Authority (Zimra) has simplified import processes that had in the past been delaying the customs clearance of new and pre-owned vehicles at the country's ports. In a recen...Published: 29 Mar 2021 at 06:12hrs | 2 | by Staff reporter
Massive bloc thrusts Zimra under spotlight
GOVERNMENT says the Zimbabwe Revenue Authority (Zimra) must be prepared to play a crucial role in facilitating the shipment of bigger cargo volumes as regional trade grows under the African Continenta...Published: 28 Mar 2021 at 06:56hrs | 3 | by Staff reporter
Border corruption distresses minister
FINANCE minister Mthuli Ncube has bemoaned the rampant corruption being experienced at Zimbabwe's ports of entry, which he says is prejudicing the country of billions of dollars.The Treasury c...Published: 26 Mar 2021 at 18:04hrs | | by Staff reporter
Undocumented migrants bolster indigenous truck owners' businesses
THE refusal by bigger companies like Botswana Couriers, Sprint Couriers, Skynet Couriers, UPS, TNT Express and FedEx to accept parcels from individuals without identity documents has created an opport...Published: 27 Feb 2021 at 19:03hrs | 3 | by Staff reporter
Zupco to import buses duty free
The suspension of duty on public service buses for Zupco is valid for 12 months with effect from yesterday.According to the latest Government Gazette, Finance minister Mthuli Ncube in consulta...Published: 02 Jan 2021 at 16:28hrs | 3 | by Staff reporter
Economic growth stimulus precedes taxation
Zimbabwe's 2021 national budget paints a picture of sustained austerity in the mid-term, with increases in taxes for various sectors of the depressed economy. A 126% jump in budgeted tax revenue colle...Published: 22 Dec 2020 at 19:28hrs | 5 | by Victor Bhoroma
10 000 ghost workers struck off Government payroll
At least 10 000 suspected ghost workers have been struck off the Government payroll after a biometric registration exercise as the Second Republic walks the talk on its reforms aimed at restoring orde...Published: 20 Dec 2020 at 23:03hrs | | by Staff Reporter
2021 National Budget: The Good & the Bad
Zimbabwe's 2021 national budget set a taxing agenda with a 126% jump in budgeted revenues from ZW$173 billion (About US$2.12 billion) anticipated in 2020 to ZW$391.8 billion (US$4.8 billion) budgeted ...Published: 14 Dec 2020 at 13:54hrs | 5 | by Victor Bhoroma
Zimbabwe puts cap on sugar imports
THE Government has capped free sugar imports under the Open General Import Licence in a bid to encourage consumption of the locally produced commodity.In the recently announced 2021 National B...Published: 29 Nov 2020 at 06:47hrs | 4 | by Staff reporter
$421.6bn inclusive 2021 budget unveiled
FINANCE and Economic Development Minister, Professor Mthuli Ncube yesterday announced a $421.6 billion National Budget for 2021 in which he handed down tax relief measures to cushion workers and corpo...Published: 27 Nov 2020 at 07:02hrs | | by Staff reporter
Govt to revisit vehicle policy
The Government might soon reintroduce a policy that compels line ministries, departments and State institutions to procure certain types of vehicles only from local producers to aid industrial recover...Published: 24 Nov 2020 at 04:23hrs | | by Staff reporter
Cross-border buses defy regulations
CHAOS continues to reign supreme at the Beitbridge Border Post as more cross-border buses continue to arrive without clearance from the Zimbabwe Embassy in South Africa. Last week the embassy ...Published: 11 Nov 2020 at 05:34hrs | | by Staff reporter
Zimra demands pre-clearance of imported private motor vehicles
With effect from 1 November 2020, importers are advised that goods imported by road into Zimbabwe must be pre-cleared before their arrival. All privately imported motor vehicles driven or transported ...Published: 01 Nov 2020 at 08:30hrs | 12 | by Staff reporter
Zimbabwe is missing out on gold's rally
Gold might have rallied to a record high above US$2 070 this year, but policy missteps by the Zimbabwean authorities saw the southern African country missing out on the uplift.Zimbabwe, which ...Published: 11 Oct 2020 at 11:59hrs | 5 | by Staff reporter
Zimra increases cargo check enforcement at border post
THE Zimbabwe Revenue Authority (Zimra) says its increased enforcement of cargo checks at Beitbridge Border Post has exposed rampant abuse of import laws, which was prejudicing the State of millions of...Published: 14 Sep 2020 at 06:34hrs | 4 | by Staff reporter
Zimra clearing 16 trucks per day at Beitbridge border post?
THE Zimbabwe Revenue Authority (Zimra) has said the introduction of the 100 percent searches on goods being imported from South Africa has helped to reduce intrusive leakages and improved revenue coll...Published: 10 Sep 2020 at 06:50hrs | 2 | by Staff reporter
War veterans demand honorary degrees and tax exemptions
Veterans of Zimbabwe's 1970s independence war have made fresh demands including honorary degrees, diplomatic passports and automatic promotions in state institutions.Douglas Mahiya, the secret...Published: 09 Sep 2020 at 11:16hrs | 2 | by Staff reporter
Shaina amplifies Zimbabwe story
SHAINA is a movie that tells the Zimbabwean story on hope and resilience, it tells the daily struggles encountered by ordinary people in their day-to-day lives. The movie, bankrolled by the United Sta...Published: 05 Sep 2020 at 09:33hrs | 14 | by Staff reporter
Mthuli Ncube's budget gets Parliament's thumbs up
FINANCE Minister Professor Mthuli Ncube's Finance Bill and $10,62 billion Supplementary Budget as well as measures proposed in the mid-term budget to boost production and revenue inflows sailed past t...Published: 16 Aug 2019 at 00:00hrs | | by Staff reporter
'Economy in good stead for growth'
The reforms that have been instituted by Government since September last year to restore sound macro-economic fundamentals have placed the economy on a firm foundation to support sustainable recovery,...Published: 04 Aug 2019 at 10:04hrs | | by STaff reporter
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