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Mthuli Ncube moves to cushion workers… reduces taxes as consumers broadly welcome 2021 budget

FINANCE minister Mthuli Ncube yesterday gave struggling workers something to cheer about ahead of the festive season when he presented his 2021 National Budget in Harare — significantly easing tax thresholds and promising to recover 150 000 formal jobs which were lost due to the coronavirus pandemic. The $421,6 billion budget, which was delivered under…

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Govt rejects schools closure proposal

THE government has remained steadfast that schools and higher learning institutions will remain open despite the increasing cases of Covid-19 among students, the Daily News reports. Since last week, Zimbabwe has been recording a rise in Covid-19 cases with schools such as John Tallach in Matabeleland South now at 189, while in Mashonaland West Province,…

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US$150m compensation for Zimdollar devaluation

FINANCE minister Mthuli Ncube says the government plans to set aside US$150 million to compensate Zimbabweans for loss of value to bank deposits and pensions during the country’s currency reforms last year. As part of the reforms, the government introduced a “market determined exchange rate” in February last year, which entailed transition from a rate…

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Party poopers mount attacks

  THE patently false and malicious attacks on the Daily News and its associated entities by naysayers are escalating ever since the Broadcasting Authority of Zimbabwe(Baz) issued six new television licences. Following last week’s falsehoods peddled by online platforms — mostly run by discredited former State media editors — who claimed that the minister of…

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ED reads riot act to his lieutenants . . . as he threatens to cut loose errant Zanu PF bigwigs 

Blessings Mashaya and Loyd Matare STAFF WRITERS A LIVID President Emmerson Mnangagwa has warned Zanu PF bigwigs to be loyal to the party or risk being cut loose, as he bids to contain growing divisions in the former liberation movement, the Daily News reports. Addressing a Zanu PF politburo meeting in Harare yesterday, Mnangagwa also warned that…

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Zim yearns for a people’s budget

Mugove Tafirenyika CHIEF WRITER tafirenyikam@dailynews.co.zw   In addition, experts who spoke to the Daily News yesterday would like Ncube to remove some of the onerous taxes on commerce and industry, to promote investment and job creation in the country. This comes after the government recently unveiled its new economic blueprint, the National Development Strategy (NDS1), which kicks…

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Parliament calls for suspension of exams

Mugove Tafirenyika  CHIEF WRITER tafirenyikam@dailynews.co.zw RISING Covid-19 cases in schools across the country has resulted in Parliament recommending to the government that it defers end-of-year examinations, the Daily News reports.   Since last week, Zimbabwe has been reporting a high number of positive cases at learning institutions, with schools such as John Tallach in Matabeleland South now…

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Vehicles theft cases on the increase

Vasco Chaya  SENIOR STAFF WRITER chayav@dailynews.co.zw  This comes as the Criminal Investigation Department (CID) Vehicle Theft Squad (VTS) has in recent weeks attended to numerous incidents where motorists have been hijacked by would-be passengers. “We have discovered that most robbery cases are being committed by men who pretend to be genuine travellers or passengers. “They…

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Politburo sits as Zanu PF shakes. . . party primaries, DCC polls have raised temperatures

Mugove Tafirenyika CHIEF WRITER tafirenyikam@dailynews.co.zw THE ruling Zanu PF is holding a crunch politburo meeting in Harare today, amid high tension over the looming district co-ordinating committee (DCC) elections and other intra-party contestations. Speaking to the Daily News yesterday, acting Zanu PF spokesperson Patrick Chinamasa confirmed that the politburo would be seized with “all outstanding issues” —…

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Calls for schools to close escalate

  Mugove Tafirenyika  AUTHORITIES are seriously worried about the rising cases of Covid-19 infections in the education sector, amid growing calls for the temporary closure of schools and colleges to curb the spread of the lethal disease, the Daily News reports. This comes after Chinhoyi High School in Mashonaland West became the latest institution yesterday to be…

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