Brace for extreme temperatures, say weather experts

Innocent Ruwende Senior Reporter
TEMPERATURES fell significantly in southern parts of the country yesterday after some rains in Masvingo, but weather experts  have warned of a sharp increase in temperatures again today until Sunday.

The Meteorological Services Department yesterday said an average 35 degrees Celsius was recorded in nearly all weather stations countrywide.
“All maximum temperatures across the country were above 35 Degrees Celsius and we expect the hot temperatures to persist until Sunday.
“The southern area showed a decrease in temperatures, due to a cloud system spilling into the country from the south, but there will be a

Fiscalised recording of taxable transactions

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Greece braces for political overhaul

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Taxman goes after teacher incentives

Felex Share Herald Reporter
SOME teachers getting incentives from parents had presumptive tax deducted from their salaries this month. Government  sources said only incentives from the Public Service Commission were tax-free.
Teachers’ unions said Zimbabwe Revenue Authority officials argued that incentives were double pay and had to be taxed.

The educators say Zimra officials were working with the Salary Services Bureau to deduct the money.
Zimra officials are reportedly working with headmasters who recommend names of teachers receiving the incentives.
Zimra spokesperson Mr Canisio Mudzimu did not respond to questions sent to him yesterday, while Zimra Commissioner General Mr Gershem Pasi’s phone went unanswered.
According to the Public Service Act, if a Government worker gets a supplementary salary, that person should declare the money for taxation.

Outlook dims for SA’s property funds

JOHANNESBURG. – A blistering surge by South Africa’s listed property funds may be starting to stall, as a stagnating

China agrees to invest in euro bailout fund

BRUSSELS. – China has agreed to invest in Europe’s bailout fund, two senior EU diplomats told AFP yesterday hours from a

Namibia leaves bank rate unchanged

WINDHOEK.- Namibia’s central bank left its bank rate unchanged at 6,0 percent yesterday, saying there was still a need to

External audit key in corporate governance

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Synergies can change face of ICT in Africa

Tonderai Rutsito Business Correspondent
The recently held information communication technology exhibition was largely a success, for both the hosts and the

Finding, funding deals key in real estate trading

Real estate trading and investment is one of those industries where one can be effective and make huge profits while

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