HARARE – Meagre budget allocations are delaying Zimbabwe’s switch to digital television from the traditional analogue signals. Settlement Chikwinya, the acting chairperson of the Parliamentary portfolio committee on Information, Publicity and Media Services said there was a shortfall of about $62 million in the ministry’s bid of $100 million for the completion of the digitalisation…
HARARE – Government has been prejudiced in excess of $3,5 billion by company directors who shut-down their firms in order to avoid payment of taxes only to re-establish themselves under different trading names. This was revealed by Finance minister Mthuli Ncube in the National Assembly last month during the debate on the Finance Bill. Ncube…
HARARE – A number of years ago, I was privileged to attend a conference on micro lending conference held in India. After the conference, I travelled to Delhi with the chairperson of a global agency that was funding 250 000 small business start-ups every year around the World. In Delhi he took me to a…
HARARE – Official statistics show that most of the traffic road accidents recorded in Zimbabwe have been due to human error. Despite commendable efforts by various players including the Vehicle Inspection Department (VID) and the police, to reduce the carnage on our roads, human error remains the dominant factor in ruthlessly ending precious lives on…
HARARE – Zimbabwe’s petrol price, which currently stands at $1.38/litre for petrol, is the highest in the region contrary to claims by Energy and Power Development minister Joram Gumbo. Gumbo claimed in an interview with a local daily this week that foreigners in transit are refuelling in Zimbabwe because the local petrol price is lower…
HARARE – While the festive season was bleak for most Zimbabweans who failed to drive to various tourist destinations dotted across the country owing to fuel shortages, there was a destination that had a cure for that. For those visiting Bvuma’s Leopard Rock Hotel during this festive season, the facility had come up with a…
HARARE – The cash-strapped government has amended the Finance Bill to enable it to tax foreign satellite service providers such as Multichoice. Parliament has acceded to the amendment of Section 14 of the Income Tax Act so that fees and charges that are paid to foreign satellite service providers are deemed as income sourced from…
HARARE – As the broke Zimbabwean government seeks to seize every cent it can lay its hands on, the Zimbabwe Revenue Authority (Zimra) will tax specific classes of donations to beef up the fiscus. The tax collector said even though donations are not incurred for the purposes of trade or in the production of income,…
HARARE – The $1,132 billion allocated to the Primary and Secondary Education ministry will bankroll teacher training in local languages, and fund rural education and development, Finance minister Mthuli Ncube has said. This was after lawmakers had raised queries about the arrested development in rural schools. Ncube said the education sector received the highest allocation…
January ED visits sick Tsvangirai Apart from President Emmerson Mnangagwa’s visit to the home of the late Morgan Tsvangirai, another highlight for January 2018 was the arrest of several former government mandarins who were loyal to former president Robert Mugabe such as Samuel Undenge and Walter Chidakwa, on allegations of abuse of office. February …
