adminA, B, C of Zim economy
Gift Mugano Business Correspondent
Since the adoption of the multiple currencies, there was considerable improvement in the economic climate which saw inflation plummeting from 231 million at the last official count in June 2008 to single- digit levels (below 5 percent).
Removal of goods in bond on first importation
In terms of Section 27 of the Customs General Regulations (Statutory Instrument 150 of 2001), clients may move imported goods in bond from border ports of entry into inland ports and hold for final clearance. Goods removed in bond within Zimbabwe shall only be consigned to a place: l where there is a Customs house, in the case of goods which are to be entered
Zimra, business to form customs forum
Thupeyo Muleya in Beitbridge
The Zimbabwe Revenue Authority is working in partnership with organised businesses associations in crafting a Memorandum of Understanding, creating the Zimbabwe Customs to Business Forum, an official has said. Zimra’s commissioner for customs
Finding the best area
Vengai Madzima Property Guide
The average values and annual rates of increment on investment were prepared for the purpose of equipping the investor with knowledge of the best areas to invest. The information was obtained on asking prices prevailing in the 2011 market. Mortgage finance on this segment of the market was available but extremely limited as it was mainly confined to target low
Insurance stand-off erodes public confidence
Martin Tarusenga
Media reports reveal that the stand-off between pensioners and insurance companies is still to be resolved. Insurance companies continue to be stubbornly and conveniently quiet, despite the widespread dissatisfaction with benefits entitled to
Will today’s changes be relevant tomorrow?
Shelter Hamandishe-Chieza Change Management
Look around you and you will see businesses that many are saying are too big to avoid collapsing. You also might have heard of some that pass though the introduction, to the growth and maturity stage so quickly within the few years of their
NGOs call for wealth fund
Peter Matambanadzo
Non-Governmental organisations in Zimbabwe have called on Government to urgently establish a Sovereign Wealth Fund as back-up when diamonds have been exhausted. Dr Cephas Zinhumwe, the chief executive officer of the National Association of
Tighten IT platforms, Ghana banks told
ACCRA. — Banks and financial institutions in Ghana must secure their IT platforms to prevent hackers from hitting into their systems aimed at defrauding them, a senior official has said. Kofi Annan Information Communication Technology Centre’s chief executive officer, Dorothy Gordon, said cases of cybercrime, mainly targeting financial institutions were on the increase
Benjani testimonial: Immigration completes paperwork
Herald Reporter
ALL is set for the Benjani Mwaruwari testimonial match at the National Sports Stadium on Saturday with the Immigration Department saying paperwork for all players and officials to visit the country is almost complete.
Assistant Regional Immigration Officer Mr Francis Mabika yesterday confirmed the development.
“We are working with Zifa and, as of now, all the things are in order. We are processing the required documents for the players and officials,” he said.
Manchester City midfielder Yaya Toure is among a galaxy of English premiership stars who have thrown their weight behind Mwaruwari’s testimonial match.
Mwaruwari was one of the African players who organised and featured in Kanu’s testimonial in Nigeria.
Now, Kanu is repaying his close friend with a visit to Zimbabwe to feature in the testimonial.
Zambian captain Chris Katongo is also set to grace the National Sports Stadium, just three months after leading his country to a sensational Nations Cup triumph.
The Chipolopolo skipper was named the best player at the 2012 Nations Cup finals.
China economic slowdown to affect Africa
JOHANNESBURG. — An economic deceleration in China may have profound negative effects on the commodities driven economy, mainly Africa. This is according to China-based Standard Bank economist Jeremy Stevens, in South Africa to address clients and investors on economic developments in the world’s second-biggest economy. “Right now, Africa should be very