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Zimbabwe's reserve money falls to $11,26 billion
The Reserve Bank of Zimbabwe (RBZ) says introduction of the foreign currency market auction system saw reserve money falling by 11% to $11,26 billion as at July 3.Zimbabwe conducted its first ...Published: 12 Jul 2020 at 10:50hrs | 841 | by Staff reporter
Radical Economic structural Transformation (part 7 of 10)
"The test of our progress is not whether we add more to the abundance of those with much, it is whether we provide much to those with too little" Jean Jacques Rousseau.Natural resources have b...Published: 10 Jul 2020 at 15:36hrs | 258 | by Vince Musewe
Zimra closes Bulawayo, Chiredzi offices due to COVID-19
THE Zimbabwe Revenue Authority (Zimra) has been forced to close its Bulawayo and Chiredzi offices after it emerged the 54-year-old Bulawayo man who died of COVID-19 on Sunday had visited the offices....Published: 10 Jul 2020 at 06:59hrs | 1299 | by Staff reporter
South Africa Zimbabwe border still closed until further notice
The Zimbabwe Revenue Authority (Zimra) has said it will use the pre-clearance facility to expedite the movement of commercial cargo between Zimbabwe and South Africa when the two countries' border reo...Published: 10 Jul 2020 at 06:57hrs | 1187 | by Staff reporter
SA to reopen border post within 24 hours
South Africa will reopen its side of Beitbridge Border Post within 24 hours after completing the necessary disinfection in the wake of finding a customs officer infected with Covid-19. South A...Published: 09 Jul 2020 at 07:00hrs | 2953 | by Staff reporter
SA closes Beitbridge border after customs officer tests positive
South Africa has temporarily closed its component of Beitbridge Border Post after one of its customs officers tested positive for the novel coronavirus (covid-19).According to border off...Published: 08 Jul 2020 at 17:51hrs | 1861 | by Staff reporter
Council departments request for control of rodents, cockroaches, mosquitoes
Bulawayo City Council departments have requested an increase in the control measures put in place to prevent the sprouting of cockroaches, rodents, and mosquitoes in the city.This is revealed ...Published: 08 Jul 2020 at 07:46hrs | 814 | by Stephen Jakes
Covid-19 plunges Zimbabwe into wildlife management crisis - What can be done before vaccine?
The Covid-19 pandemic has led to an almost three-month ban on international and domestic travel to Zimbabwe's prime tourist resorts. This has plunged the country into a wildlife management crisis char...Published: 08 Jul 2020 at 07:34hrs | 1712 | by Emmanuel Koro
BREAKING: ZIMRA senior manager dies of Coronavirus
A senior Zimbabwe Revenue Authority (Zimra) manager in Bulawayo died on Sunday after being diagnosed with Coronavirus.The late manager has been identified as 54-year-old Thabani Sibanda. ...Published: 07 Jul 2020 at 09:44hrs | 17998 | by Staff Reporter
Mnangagwa spends $480m on Zupco, roller meal subsidies
THE government spent $480 million on the Zupco and roller meal subsidies in the first four months of 2020, but still managed to balance its budget over the period, Treasury data shows.Governme...Published: 06 Jul 2020 at 13:08hrs | 2330 | by staff reporter
BCC struggles to pay workers
BULAWAYO City Council (BCC) says its coffers are running dry and as such it is struggling to pay its workers and deliver services effectively. The council which says its revenue declined by 80...Published: 06 Jul 2020 at 13:06hrs | 492 | by Staff reporter
'No bailout until implement reforms' says Paris Club - we're paying dearly for double Dutch
Zimbabwe is in this serious economic mess and political paralysis; having Zanu PF on the one hand and an equally corrupt, incompetent and utterly useless opposition on the other; because, for 40 years...Published: 06 Jul 2020 at 06:57hrs | 2584 | by Wilbert Mukori
Zimra workers on go-slow
CUSTOMS and excise officers at Beitbridge border post and other stations yesterday briefly downed tools and later opted to go slow to register disgruntlement over poor wages, although the tax agency d...Published: 04 Jul 2020 at 15:40hrs | 1721 | by Staff reporter
Revenue increased 57% in one month and budget surplus became deficit - Ncube hocus pocus finance
In Minister of Finance, Professor Mthuli Ncube, Zimbabwe has Charles Dickens unsavoury Oliver Twist characters; Fagin, a conniving career criminal; Bill S...Published: 04 Jul 2020 at 05:50hrs | 2151 | by Patrick Guramatunhu
The Ecocash heist - A modern tale of irresponsible corporate behaviour
Sometime in 2013, I applied and became an Ecocash Agent (Agent), and immediately set shop in at least two locations within Harare CBD. The setup and running costs for me as an Agent were high, but the...Published: 03 Jul 2020 at 19:27hrs | 6540 | by Tendayi Mudhadha
Zimra dismisses strike rumour, but border traffic too slow
The Zimbabwe Revenue Authority has dismissed claims by some people that operations had come to a stand still with customs officers on a go slow.There was anxiety among importers and exporters ...Published: 03 Jul 2020 at 18:02hrs | 1223 | by Staff reporter
Covid-19 saves Zimbabwe millions
THE Covid-19 pandemic has achieved what the government has failed to accomplish for decades: drastically slash the amount of money spent on foreign travel.According to the latest consolidated ...Published: 03 Jul 2020 at 08:31hrs | 6837 | by Staff reporter
'Zimbabwe can finance own development'
ZIMBABWE has enough resources to finance its own development if the right mindsets, as well as institutional and legal frameworks, are put in place, a joint report by organisations that promote socio-...Published: 03 Jul 2020 at 08:28hrs | 2855 | by Staff reporter
Mthuli Ncube misses revenue collection target
FINANCE Minister Mthuli Ncube missed April's revenue collection targets by 11 % owing to the impact Covid-19 lockdown had on businesses that were grounded to a halt as part of measures to minimise the...Published: 03 Jul 2020 at 08:09hrs | 1026 | by newzimbabwe
Metallon sells gold assets to Tagwirei's Landela
MZI Khumalo's Metallon has completed the sale of Shamva Mine to Kuda Tagwirei's Landela Mining Ventures, while the sale of Mazowe Mine is expected shortly.The transaction represents a change o...Published: 03 Jul 2020 at 07:58hrs | 1820 | by Staff reporter
Trio up for smuggling R900 200 goods
A TRUCK driver with a Chitungwiza logistic company, a businessman and clearing agent have appeared in court charged with smuggling property worth R900 223,02 through the Beitbridge Border Post, prejud...Published: 03 Jul 2020 at 07:45hrs | 499 | by Staff reporter
Gweru council engineer resigns
GWERU council engineer Robson Manatsa has resigned barely two days after another top official was suspended on graft charges, with sources indicating that more senior employees were likely to quit to ...Published: 03 Jul 2020 at 07:44hrs | 1197 | by Staff reporter
ZimParks rangers drunk with sanitizers
KARIBA - The human and wildlife conflict in the resort town of Kariba is being fueled by Zimbabwe National Parks and Wildlife Management (ZimParks) rangers neglecting duty while drunk with sanitizers ...Published: 03 Jul 2020 at 07:11hrs | 960 | by Naume Muza
BCC to bill in forex
Bulawayo City Council (BCC) is considering billing residents in foreign currency and has re-adopted selling of residential stands in US dollars. The local authority, in the latest council repo...Published: 02 Jul 2020 at 18:35hrs | 1721 | by Staff reporter
Standard Bank Group collaborates with Salesforce towards becoming a platform business
In a virtual signing event symbolic of the technologically powered new normal, Standard Bank, the parent company of leading financial services institution, Stanbic Bank Zimbabwe, has unveiled an exten...Published: 02 Jul 2020 at 08:55hrs | 626 | by Agencies
Headache for Zacc
THE Zimbabwe Anti-Corruption Commission (Zacc) is having a massive headache trying to recover billions of dollars stashed outside the country in the form of funds and properties, the Daily News report...Published: 01 Jul 2020 at 19:49hrs | 4244 | by Staff reporter
Audit exposes rot in council recruitment
A RECENT audit held at Marondera Municipality has unearthed the rot in its recruitment exercise, including operating without a proper organogram as well as engaging unsuitable candidates in certain cr...Published: 01 Jul 2020 at 07:28hrs | 1292 | by Staff reporter
485 irregularly imported vehicles unearthed
A special post-vehicle clearance audit last year into vehicle imports, unearthed 485 irregular import documents with a potential revenue inflow prejudice to Treasury valued at US$70 million, the Zimba...Published: 01 Jul 2020 at 07:12hrs | 1397 | by Staff reporter
Zimra adapts to the new ICT-driven business model
THE Zimbabwe Revenue Authority (Zimra) has started adapting to the information communication technology (ICT) mode of doing business to prevent the rapid spread of the novel coronavirus (Covid-19). ...Published: 29 Jun 2020 at 07:26hrs | 768 | by Staff reporter
Reward for turning-in tax dodgers
Whistle-blowers turning in tax dodgers can now claim a reward of 10 percent of the recovered taxes or duties under regulations gazetted on Friday by Finance and Economic Development Minister Professor...Published: 29 Jun 2020 at 07:19hrs | 316 | by Staff reporter
'Mobile money suspension will bury Zimbabwean economy'
THERE is a debilitating mixture of chaos, confusion and panic among both consumers and businesses across the country, after the government made a surprise announcement late on Friday evening that it w...Published: 28 Jun 2020 at 17:41hrs | 1950 | by Staff reporter
Zimbabwe environmental law association conduct research on formalisation of artisanal miners
A local Non-Governmental Law Association, Zimbabwe Environmental Law Association i s seeking to carry out a research on formalization of the artisanal and small-scale mining (ASM) sector....Published: 28 Jun 2020 at 09:44hrs | 262 | by Stephen Jakes
Bankable land could reignite Zimbabwe economy
THE solution to Zimbabwe's unending economic problems is the provision of bankable land rights, which will spur farming as real business, a renowned economist has said.John Robertson said at a...Published: 28 Jun 2020 at 07:58hrs | 170 | by Staff reporter
Bulawayo burial regulations to continue beyond lockdown
BURIAL regulations introduced by the Bulawayo City Council as part of the Covid-19 pandemic preventive measures are set to continue beyond the national lockdown.At the onset of the pandemic in...Published: 28 Jun 2020 at 07:26hrs | 140 | by Staff reporter
Sticky-fingered conductors strike Zupco, again
PILFERING staffers have been the proverbial monkey on Zimbabwe United Passenger Company (Zupco)'s case ever since it was brought back to life.Last year, the mass public transport operator jett...Published: 28 Jun 2020 at 07:15hrs | 990 | by Staff reporter
Open letter to the Minister of Local Govt and Rural and Urban Development Hon. July Moyo
As concerned citizens, it is our belief that Local Government refers to the establishment of participatory and democratically elected structures that can identify with the needs of people at grassroot...Published: 27 Jun 2020 at 10:47hrs | 1827 | by Concerned citizens of Bubi Rural District
Mnangagwa speaks on mine shooting
The Chinese national who has been charged with shooting and injuring two people at a mine in Gweru over a salary dispute will receive a fair trial, without discrimination, in accordance with the count...Published: 27 Jun 2020 at 08:05hrs | 543 | by Staff reporter
Zimra investigates over 600 corruption cases
The Zimbabwe Revenue Authority (ZIMRA) investigated 600 corruption cases during 2019, with $154 million being identified for recovery as the institution goes after properties acquired through fraudule...Published: 26 Jun 2020 at 19:40hrs | 2130 | by Staff reporter
Border authorities intercept 21 smuggling commercial trucks
AUTHORITIES at Beitbridge Border Post have increased surveillance and anti-smuggling activities during the ongoing lockdown and 21 trucks and 22 other vehicles smuggling an assortment of goods worth m...Published: 26 Jun 2020 at 18:09hrs | 1170 | by Staff reporter
'Zimbabwe slowly but surely re-dollarising'
GOVERNMENT last week announced a 50% increment and a Covid-19 allowance of US$75 for civil servants and US$30 for pensioners. This is despite government earlier banning the multi-currency regime and m...Published: 26 Jun 2020 at 07:39hrs | 1478 | by Staff reporter
New exchange rate trebles customs duty
THERE has been an outcry at all ports of entry after the Zimbabwe Revenue Authority (Zimra) hiked duty of all imported goods following a hike in the exchange rate by the Reserve Bank of Zimbabwe on Tu...Published: 26 Jun 2020 at 07:32hrs | 1483 | by Staff reporter
Zimra nets $23,1bn revenue in 2019
THE Zimbabwe Revenue Authority (Zimra) says it managed to collect a net revenue of $23, 19 billion in 2019 against a planned $18, 6 billion target for the year. The tax authority is employing ...Published: 26 Jun 2020 at 06:57hrs | 138 | by Staff reporter
Zimbabwe Driving School Owners urges government to re-open VID depots
The Vice President of Zimbabwe Driving School Owners Association ( ZDSOA) Edwin Ndlovu has called for the government of Zimbabwe to direct VID depots across the country to commence testing aspir...Published: 25 Jun 2020 at 11:43hrs | 1470 | by Mandla Ndlovu
Corruption storm brewing at Zimra
A corruption time bomb is ticking at the Zimabbawe Revenue Authority after anonymous car dealers filed a complaint with the Zimbabwe Anti-Corruption Commission alleging that ZIMRA officers are d...Published: 25 Jun 2020 at 09:43hrs | 5495 | by Mandla Ndlovu
Debt cripples Harare
Harare City Council operations have been crippled by debtors that owe it more than $1. 4 billion with residents being the major debtors followed by business and Government, respectively. Accor...Published: 24 Jun 2020 at 07:07hrs | 229 | by Staff reporter
Bredenkamp: A dark overlord taking Zimbabwe's darkest secrets to the grave
AN entry on the website of one of John Bredenkamp's companies tells us all we need to know about the controversial businessman: "In Africa, it is essential to work with change, not against it." Breden...Published: 23 Jun 2020 at 08:00hrs | 1644 | by Staff reporter
Zimra to buy land for Beitbridge workers
The Zimbabwe Revenue Authority (Zimra) is spending at least $2.4 million on renting properties to house its workers at Beitbridge Border Post and is considering acquiring the former Beitbridge Express...Published: 23 Jun 2020 at 07:50hrs | 478 | by Staff reporter
Banks, Govt agree on allowances' modalities
BANKS have agreed with the Government on the modalities of the opening Foreign Currency Accounts (FCAs) for civil servants at zero costs and also to charge minimal costs so that the US$75 is not demea...Published: 23 Jun 2020 at 07:48hrs | 1532 | by Staff reporter
Bulawayo residents petition over mayor's US$2 land deal
Residents dumped mock coffins at the Luveve housing offices in Bulawayo in protest against contaminated water, which has resulted in 60 diarrhoea cases being reported, while five people have died as a...Published: 22 Jun 2020 at 08:11hrs | 604 | by Staff reporter
UK investor completes acquisition of Zimbabwe's Lubu coalfields
A UNITED Kingdom-based investment group, Contango Holdings, has completed acquisition by way of reverse takeover of Consolidation Growth Holdings' interest in the Lubu coalfield project in Matabelelan...Published: 22 Jun 2020 at 07:58hrs | 511 | by Staff reporter
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