Posted on November 29, 2018

Classic263

Shamva a hotspot for STI’s and HIV

Sexually transmitted infections (STIs) are on the rise in Shamva district largely due to apathy, unprotected sex and multiple partners. National Aids Council (NAC) district AIDS coordinator Mr Sharpard Zanamwe said sexual violence was the major driver of the rise in STIs. “The high prevalence of sexual violence, which is mainly perpetrated on the girl […]

Posted on November 29, 2018

Classic263

Special Economic Zone status for lithium project

PROSPECT Lithium Zimbabwe (PLZ), a unit of Australia Stock Exchange-listed Prospect Resources Plc, has applied for special economic zone status (SEZ) for its multi-million dollar Arcadia Lithium project near Harare that was commissioned by President Mnangagwa yesterday. President Mnangagwa told delegates at the official ground-breaking ceremony that lithium was one sub-sector targeted to leapfrog Zimbabwe’s […]

Posted on November 29, 2018

Classic263

Government rules out retrenchment

Government is not considering retrenchment in the civil service as a cost cutting measure due to lack of financial resources to fund such an exercise, a senior government official said yesterday. Wages in the civil service take up to 90 percent of Zimbabwe’s national  budget, leaving little for investment in key public infrastructure such as […]

Posted on November 29, 2018

Classic263

Minister SB Moyo to resume duties soon

Foreign Affairs and International Trade Minister Dr Sibusiso Moyo is at home recuperating and is looking forward to resuming his official duties soon, contrary to media reports that his health has taken a turn for the worse and was unable to speak. In a statement yesterday, Minister Moyo’s wife and High Court judge, Justice Loice […]

Posted on November 29, 2018

Classic263

Budget surplus a move in the right direction

*UPDATED: Zim attains $29m budget surplus Finance and Economic Development Minister Mthuli Ncube addressing journalists in Harare yesterday said Zimbabwe achieved a budget surplus of $29 million last month,for the first time in many years. Minister Ncube said the achievement is the first indication that the country is on track to meet a narrower budget […]

Posted on November 29, 2018

Classic263

Harare South in land invasions again

Harare South has been slammed again with new land scandals especially Churu Farm with reports that some suspected land barons are illegally issuing out stands to home-seekers without council’s authority and have since built structures where prospective home owners are paying for rightfully. Those who have already settled are being asked to pay $15 each […]

Posted on November 23, 2018

Classic263

Fuel prices to go up

The Government yesterday through the Minister of Finance and Economic Development Honorable Professor Mthuli Ncube,proposed a 7centd raise on excise duty on petrol and diesel to curb foreigners taking advantage of the local currency disparities. Minister of Finance, Professor Ncube yesterday, presenting an $8,16 billion said the arbitrage opportunity had partly contributed to the increase […]

Posted on November 19, 2018

Classic263

Cde Matemadanda speaks out

ZIMBABWE National Liberation War Veterans’ Association secretary-general Cde Victor Matemadanda says the association’s chairman, Cde Chris Mutsvangwa, should stop dragging his name into his fights to do with the fuel business. Cde Matemadanda said he would not defend anyone on anything except President Mnangagwa. His remarks come in the wake of claims by Cde Mutsvangwa, […]

Posted on November 19, 2018

Classic263

Tax to be paid according to trading currency

Businesses trading in multi-currencies urged to remit taxes in the same currency in which their goods and services are being sold in, said The Zimbabwe Revenue Authority. “Zimbabwe Revenue Authority has noticed that there are businesses that are trading, withholding and collecting Value Added Tax, Pay As You Earn, Capital Gains Tax and other taxes […]