US$15m investment for horticultural firm
Leading horticultural firm, Nhimbe Fresh Produce, has secured US$15 million for its Stone Fruit project in Marondera in the Mashonaland East Province from a yet to be disclosed United Arab … Read More
Blog
Reconstruction fund defies setbacks
THE Government has made progress in the implementation of the Zimbabwe Reconstruction Fund (ZIMREF) despite difficulties brought about by the Covid-19 necessitated lockdown. ZIMREF is a country-specific multi-donor trust fund … Read More
Deduction of input tax
Value Added Tax (VAT) is an invoice based tax. The tax invoice generated on both cash and credit transactions is the source document. Registered operators are allowed to deduct the … Read More
Role of Zim Investment and Development Agency
The Zimbabwe Investment and Development Agency (ZIDA) was established in terms of the Zimbabwe Investment and Development Agency Act (Chapter 14:37), “ZIDA Act” or “the Act”. The Act was published … Read More
Tourism needs to think outside the box
Covid-19 has had a devastating impact on Africa’s growing travel and tourism sectors. From the time the first case of Covid-19 was discovered in China end of 2019, the consequences … Read More
Minister speaks on TV licences
The selection of six free-to-air national commercial television licences will be transparent and aboveboard, as the best applicant will carry the day, Information, Publicity and Broadcasting Services Minister, Monica Mutsvangwa, … Read More
Councils receive devolution funds
Local authorities have started receiving their “devolution funds” from central Government for locally-planned development, but the Government is in the process of fine-tuning the Constitution to speed up the decentralisation … Read More
DDF funded scheme eyes 80 ha of wheat
Dongaronga irrigation scheme in Musengezi, resuscitated by President Mnangagwa, while he was the Vice President in 2016 during the launch of national de-siltation programme, is targeting to quadruple the area … Read More
Civil servants forex payment extended
GOVERNMENT has pledged to extend the foreign currency non-taxable Covid-19 allowance for civil servants and pensioners to December as it maintains its position of providing a living wage for its … Read More
Cattle slaughters down 16 percent in H1
THE number of cattle slaughtered in the first half of 2020 totaled 103 451, representing a 16 percent decline from 122 620 in the same period last year, latest data … Read More
