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Sadc under fire for being mum on Zimbabwe crisis
THE main opposition MDC Alliance yesterday blasted Sadc for its "deafening silence" over human rights abuses and the crisis in Zimbabwe, and yet it is able to find its voice in the Zanu-PF anti-sancti...Published: 22 hrs ago | 1489 | by Staff reporter
Strict RBZ policies on EcoCash result in $2 billion tax revenue decline
GOVERNMENT'S tough decision to throttle leading mobile money transfer agent, Ecocash has backfired with the Zimbabwe Revenue Authority (ZIMRA) recording a $1.9 billion decline on the 2 % revenue tax c...Published: 23 hrs ago | 1083 | by Staff reporter
Town clerks under spotlight
Government has directed town clerks, town secretaries and chief executives for Harare, Chitungwiza, Ruwa and Epworth councils to sign performance-based contracts so that their work can be evaluated an...Published: 26 Oct 2020 at 18:56hrs | 740 | by Staff reporter
Zimra collects $58 billion revenue Q3
THE Zimbabwe Revenue Authority (Zimra) recorded a 31.19 percent jump to ZWL$58,81 in gross revenue collections above the ZWL$44.83 billion target for the third quarter ended 30 September 2020, as more...Published: 26 Oct 2020 at 18:54hrs | 845 | by Staff reporter
It's not sanctions, it's corruption that drives away investors, says UK
US and EU embassies in Zimbabwe said the anti-sanctions day held in the country on Sunday was a distraction from the real issues.As such, it won't help the government meet the strong reform ag...Published: 25 Oct 2020 at 16:13hrs | 3030 | by Staff reporter
Mnangagwa's bad friends
In its short years as the Zimbabwean first family, the Mnangagwas have fared quite sorely in one area: Choosing good friends.You will naturally remember Draxgate, the scandal that rocked the r...Published: 25 Oct 2020 at 08:03hrs | 1348 | by Tawanda Majoni
RBZ debt accumulation above US$2 billion
THE US$2,23 billion debt accumulated by the Reserve Bank of Zimbabwe (RBZ) in the 12 months since July 2019 could be grossly understated, as fresh details emerged this week indicating the central bank...Published: 23 Oct 2020 at 08:41hrs | 815 | by Staff reporter
SAA awaits approval to repatriate blocked funds from Zimbabwe
The airline's rescue practitioners, Les Matuson and Siviwe Dongwana, have already accepted the mining company's offer to pay South African Airways (SAA) in exchange for access to its funds in Zimbabwe...Published: 23 Oct 2020 at 08:33hrs | 1050 | by Staff reporter
Fresh headache for Mnangagwa
Zimbabwe's billion dollar mining sector wants to wholly retain foreign currency receipts to be able to pay royalties, taxes and other levies which the authorities want them paid fully in United States...Published: 22 Oct 2020 at 07:16hrs | 10895 | by Staff Reporter
Kombi conductors, drivers to pay tax
GOVERNMENT has directed workers in the transport sector, including commuter omnibus drivers and conductors, to register with the National Social Security Authority (Nssa) as part of social protection ...Published: 21 Oct 2020 at 21:47hrs | 408 | by Staff reporter
Zimdollar remains solid against Trump's dollar
For the second week running, the Zimbabwe dollar was virtually unchanged against the US dollar at the weekly auction, shifting just one two hundreth of one percent to $81,3499 from last week's $81,345...Published: 21 Oct 2020 at 21:44hrs | 323 | by Staff reporter
Dealers appeal for removal of VAT on rice
Players in the rice supply chain have appealed to Government to reconsider a 14,5 percent Value Added Tax (VAT) charge on the commodity. A Government VAT payment request in retrospect, for a p...Published: 21 Oct 2020 at 21:43hrs | 51 | by Staff reporter
Kombi conductors, drivers to pay tax
GOVERNMENT has directed workers in the transport sector, including commuter omnibus drivers and conductors, to register with the National Social Security Authority (Nssa) as part of social protection ...Published: 21 Oct 2020 at 09:28hrs | 7189 | by Staff Reporter
From desert to business hub_Dubai economic story
Dubai is the capital city of the Emirate of Dubai, which in itself is one of the seven emirates (states) that form the United Arab Emirates (UAE). The emirates are former British colonies which got in...Published: 20 Oct 2020 at 14:01hrs | 2180 | by Victor Bhoroma
Chiwenga ally in COVID-19 fraud?
THE probe on Health deputy minister John Mangwiro over an alleged US$5,6 million COVID-19 tender scam has become a proxy for the factional fights ravaging the ruling Zanu-PF party, with dog fights ove...Published: 19 Oct 2020 at 06:31hrs | 6579 | by Staff reporter
US$5,6m COVID-19 tender scandal
THE probe on Health deputy minister John Mangwiro over an alleged US$5,6 million COVID-19 tender scam has become a proxy for the factional fights ravaging the ruling Zanu-PF party, with dog fights ove...Published: 19 Oct 2020 at 06:23hrs | 919 | by Staff reporter
Zimplats remits US$164m tax contribution
ZIMBABWE'S largest platinum miner, Zimplats, says its tax contribution to the Government increased by 95,2 percent in the financial year ended 30 June 2020 to US$164 million.In its 2020 integr...Published: 18 Oct 2020 at 08:47hrs | 1131 | by Staff Reporter
Mthuli Ncube must formalise artisanal miners in 2021 budget: Zela
FINANCE minister Mthuli Ncube has been urged to include policy reforms in the 2021 national budget which will decriminalise artisanal mining activities, given the reports that small-scale miners were ...Published: 17 Oct 2020 at 16:28hrs | 191 | by Staff reporter
Unpacking Professor Stephen Chan's interview with Bernard
There are no imaginative skills on how to move the country forward internally and externally, be it economic and political in both the ruling party and the opposition of Nelson Chamisa. In 2018,...Published: 17 Oct 2020 at 11:58hrs | 1751 | by Nomazulu Thata
Mthuli Ncube clarifies 2% tax
WHILE the objective of Intermediate Money Transfer Tax (IMTT) was to bring the previously untaxed informal businesses under the tax bracket, captains of industry claim it has had double taxation effec...Published: 16 Oct 2020 at 06:52hrs | 2936 | by Staff reporter
Zimbabwe industry demands complete reforms
ZIMBABWE'S industry has proposed a raft of far-reaching reforms to be incorporated in Finance minister Mthuli Ncube's 2021 national budget, including the abolishment of subsidies.In its propos...Published: 15 Oct 2020 at 06:42hrs | 393 | by Staff reporter
Chamisa turned down Mnangagwa offer?
Embattled opposition MDC Alliance leader Nelson Chamisa has sensationally claimed that after rigging the 2018 presidential poll, President Emmerson Mnangagwa's government dangled lucrative perks to hi...Published: 14 Oct 2020 at 06:43hrs | 17314 | by Staff reporter
Mereki leisure spot takes Harare City Council to court
A HARARE outdoor leisure spot, popularly known as Mereki (Warren Park D) Community Trust, has taken the city council to court seeking transfer of the stand it operates from into its name.Accor...Published: 14 Oct 2020 at 06:39hrs | 1568 | by Staff reporter
'Audit' clears Chamisa's MDC of financial impropriety
AN audit report by Auditax International has revealed no money was abused by MDC Alliance from the period of the opposition's Gweru Congress last year up until December last year.Presenting a ...Published: 14 Oct 2020 at 06:33hrs | 1383 | by Staff reporter
Doctors were very foolish to bow to Chiwenga demands - without PPE, still susceptible covid-19 military or civilian
Zimbabwe is facing a serious economic crisis brought about by 40 years of gross mismanagement and rampant corruption. The economy has all but collapsed forcing unemployment rate to soar to nauseating ...Published: 13 Oct 2020 at 22:51hrs | 1541 | by Nomusa Garikai
'Missing $2 million not missing from MDC Alliance accounts'
The MDC Alliance publicly released results of an independent audit of the party's accounts on Tuesday, hoping to dispel claims of funds misuse. Allegations of misuse of funds were made by the ...Published: 13 Oct 2020 at 18:53hrs | 2123 | by Staff reporter
US Ambassador to Harare lays re-engagement cards on the table
WORLD superpower, the United States of America, stands accused of interfering in Zimbabwe's internal political affairs by President Emmerson Mnangagwa, his government and the ruling Zanu-PF party....Published: 12 Oct 2020 at 19:51hrs | 3458 | by Staff reporter
President Mnangagwa what is our problem?
We are the second largest platinum producer in the world, we have gold reserves around the country, we have chrome, we have alluvial diamonds, we have best human resources skills, we have land and nat...Published: 12 Oct 2020 at 08:10hrs | 3914 | by Tinashe Eric Muzamhindo
Zimplats sinks US$200m in Zimbabwe
AUSTRALIAN Stock Exchange-listed resources giant Zimplats is scouring Zimbabwean landscapes to unlock fresh opportunities, possibly bolstered by fresh policies giving foreign investors the right to ho...Published: 12 Oct 2020 at 06:14hrs | 1157 | by Staff reporter
Rural commuter buses return
VILLAGERS in Gwanda can now breathe a sigh of relief as Zupco buses have been re-introduced to ply rural routes. A Zupco bus was introduced early this year to ply the Gwanda-Manama route but i...Published: 12 Oct 2020 at 06:08hrs | 676 | by Staff reporter
Victoria Falls exchange primed to be the best
Government plans to make the Victoria Falls Stock Exchange (VFEX), which will provide an avenue for foreign currency listings, one of the best in the region whose rules and regulations are in line wit...Published: 11 Oct 2020 at 10:02hrs | 277 | by Staff reporter
Slow pace of reforms derailed TSP
The Zimbabwean government recently announced the conclusion of the 2 year Transitional Stabilization Programme (TSP) which will be replaced by the first five year National Development Plan (NDP). TSP ...Published: 11 Oct 2020 at 10:00hrs | 88 | by Victor Bhoroma
Zimbabwe's business climate can improve
As the Zimbabwe Stock Exchange (ZSE) puts final touches on the infrastructure needed for operations of the Victoria Falls Securities Exchange (VFEX), investors await to see if their major concerns on ...Published: 11 Oct 2020 at 09:57hrs | 169 | by Victor Bhoroma
Key pieces to Zimbabwe's $12 billion mining industry
In October 2019, the Zimbabwean government tabled an ambitious policy document that aims to turn the mining sector in the country into a US$12 billion industry by 2023. Achieving that export target wi...Published: 11 Oct 2020 at 09:54hrs | 224 | by Victor Bhoroma
Slow pace of reforms derailed TSP
The Zimbabwean government recently announced the conclusion of the 2 year Transitional Stabilization Programme (TSP) which will be replaced by the first five year National Development Plan (NDP). TSP ...Published: 10 Oct 2020 at 12:04hrs | 899 | by Victor Bhoroma
Mnangagwa's govt detests being held to account
GOVERNMENT'S failure to answer critical questions around the procurement of Zupco buses using public funds in a deal that involves Landela Investments is indicative of a government that is averse to s...Published: 09 Oct 2020 at 10:13hrs | 1946 | by Staff reporter
Roller meal scheme revised
VULNERABLE households will start receiving cash grants pegged at a higher level than the price of roller meal to enable them to source the basic commodity from any place of their choice, President Mna...Published: 08 Oct 2020 at 06:42hrs | 544 | by Staff reporter
'Prices of goods to remain stable'
FINANCE minister Mthuli Ncube, said yesterday that Zimbabwe's economy would improve further in the coming months, with prices of basic consumer goods and services expected to remain stable.Add...Published: 06 Oct 2020 at 20:15hrs | 399 | by Staff reporter
Civil servants to continue receiving COLA allowance
GOVERNMENT will continue paying civil servants the additional Cost of Living Adjustment (COLA) allowance as salary negotiations continue. Most civil servants received the COLA payment for last...Published: 06 Oct 2020 at 06:48hrs | 1370 | by Staff reporter
'Zimbabwe's money laundering threat, vulnerability risk ranked medium'
Zimbabwe lost an average $900 million per year between 2014 and 2018 to money laundering but the country's money laundering threat was assessed to be medium, according to the Financial Intelligence Un...Published: 05 Oct 2020 at 18:27hrs | 1080 | by Staff reporter
Zimbabwean ex-domestic worker set to inherit mansion in Capetown SA
CAPE TOWN Jane Bwanya, a former domestic worker who was "swept off her feet" six years ago by a relatively wealthy businessman, has succeeded in changing the provisions of South Africa's Intestate Suc...Published: 04 Oct 2020 at 10:16hrs | 4875 | by Staff reporter
Mnangagwa walks the talk on anti-corruption
ON February 20, 2004, Zimbabwe appended its signature to the United Nations Convention against Corruption (UNCAC) as it joined the global community in efforts to combat the economy's corroding cancer....Published: 04 Oct 2020 at 08:32hrs | 1853 | by Staff Reprter
'Zimbabwe to keep getting IMF technical support'
GOVERNMENT has said it will continue working with international financial institutions (IFIs), including the International Monetary Fund (IMF) after its aborted Staff-Monitored Programme (SMP) with th...Published: 02 Oct 2020 at 07:45hrs | 472 | by Staff reporter
After TSP, diaspora engagement critical, says Mthuli Ncube
AS government winds up the Transitional Stabilisation Programme (TSP) amid a plethora of challenges it faces in turning around the economy, the Zimbabwe Independent (ZI) caught up with Finance ministe...Published: 02 Oct 2020 at 07:43hrs | 1773 | by Staff reporter
It is hard being poor in Zimbabwe
IT is an early and hot Sunday morning in Mbare's Majubheki area, Harare. A thick cloud of flies buzzes over filthy plates that are heaped in an outside sink because residents have not accessed water f...Published: 02 Oct 2020 at 07:31hrs | 871 | by Staff reporter
Zimbabwe opens airports to international flights
Zimbabwe officially opened its airports to international flights yesterday with five airlines resuming services into the country and the Zimbabwean authorities ready to enforce the new testing and pub...Published: 02 Oct 2020 at 07:21hrs | 296 | by Staff reporter
Demystifying false narrative of a 'crisis' in Zimbabwe
For the past few months, Zimbabwe's internal and external detractors have been in overdrive, pushing a concocted narrative that there was a "crisis" in Zimbabwe. This false narrative is premis...Published: 02 Oct 2020 at 07:19hrs | 206 | by Pardon Muzavavi
'Cryptocurrencies can list on Victoria Falls Stock Exchange'
The Zimbabwe Stock Exchange (ZSE) has said cryptocurrencies can list on its foreign currency-only bourse subject to regulatory approval.If the cryptocurrencies-a digital representation of valu...Published: 01 Oct 2020 at 22:10hrs | 538 | by Staff reporter
Chamisa's MPs now recognises Mnangagwa, demands Zoom connection
OPPOSITION MPs have demanded President Emmerson Mnangagwa to be connected to Zoom so he could hear legislators' concerns during live debates in the house.This came after outspoken Mbizo MP Set...Published: 01 Oct 2020 at 07:19hrs | 4814 | by Staff reporter
Zimbabwe clarifies $60 COVID-19 fee at ports of entry
Zimbabwe government spokesperson and Permanent Secretary in the Ministry of Information, Publicity and Broadcasting Services, Nick Mangwana has clarified on the issue of the payment of $60 for COVID-1...Published: 30 Sep 2020 at 10:34hrs | 6400 | by Staff reporter
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