adminMixed feelings over 2013 Budget
THE 2013 National Budget presented by Finance Minister Tendai Biti yesterday has been met with mixed feelings by stakeholders. Confederation of Zimbabwe Industries president Mr Kumbirai Katsande said the budget covered almost every aspect of the econo- my. “There is no doubt that the
New law to rein in banks on cards
GOVERNMENT will introduce legislation compelling banks to pay interest on deposits and issue their clients with debit cards. The law would also help mobilise domestic savings of up to 25 percent of Gross Domestic Product. Finance Minister Tendai Biti yesterday announced a 15-point plan during his
Tax-free bonus now US$1 000
Budget stories by Golden Sibanda, Martin Kadzere, Fanuel Kangondo, Rumbidzayi Zinyuke and Walter Muchinguri
FINANCE Minister Tendai Biti yesterday raised the tax-free bonus threshold to US$1 000 from US$700 and directed banks to exempt deposits below
Zanu-PF provinces ready for conference
Herald ReporterZANU-PF provincial leaderships say they are ready for the party’s 13th Annual National People’s Conference to be held in Gweru from December 4 to 9.
The provinces are already mobilising the US$150 000 contributions each towards the successful staging of the conference. They are finalising names
Tamborinyoka’s condition improves
Herald ReporterPrime Minister Morgan Tsvangirai’s spokesperson Mr Luke Tamborinyoka’s condition continues to improve in a local hospital where he was admitted after being involved in an accident. Minister of State in the Prime Minister’s Office Mr Jameson Timba said yesterday that Mr Tamborinyoka’s condition
Villagers storm Tsvangirai homestead
Buhera villagers yesterday stormed Prime Minister Morgan Tsvangirai’s rural home protesting against a water crisis they claim to have been caused by the premier. ZBC reported yesterday that the placard-wielding Humanikwa villagers accused PM Tsvangirai of diverting water from a communityGems exports to Belgium hit record high
Takunda Maodza Senior ReporterZIMBABWE’S diamond exports to Belgium have reached record levels, new Belgium ambassador Mr Maricon Johan said yesterday without revealing the figures. In an interview with The Herald at State House soon after presenting his credentials to President Mugabe, Mr Johan said the EU sanctions,
Liberation movements urged to stay united
Herald ReporterLiberation movements must remain united and fight renewed attempts by Western countries to replace revolutionary parties with puppets. The call was made at the recently held 8th national congress of Chama Cha Mapinduzi of Tanzania in Dodoma. Liberation movements, including Zanu-PF,
Harare councillors slam management
Felex Share Herald ReporterCity of Harare councillors have accused management of flouting council procedures by unilaterally attaching residents’ properties over non-payment of rates. The councillors accuse management of engaging the Messenger of Court without their approval. The city fathers clashed with management
Leopard Rock Open tees off
Takudzwa Chitsiga Sports ReporterTHE race for the Zimbabwe Golf Association Order of Merit resumes this morning when amateur golfers take part in the Navistar Leopard Rock Open.
The event will see the amateurs teeing off tomorrow morning while the professionals will play two rounds over the weekend. Tournament organiser,