Settlement of VAT liabilities

Did you know that the Value Added Tax Act (Chapter 23:12), (VAT Act) prescribes the order in which the VAT debt should be settled in cases where the liability involves…

Investment banking boosts Barclays

Johannesburg. – Barclays Plc (BARC)’s South African unit said first-half profit climbed 10 percent after investment-banking earnings increased and credit impairments fell. Net income rose to R6,17 billion ($582 million) in…

Gold trades below $1,300 ahead of Fed data

LONDON. — Gold was trading in a tight range below $1 300 an ounce on Wednesday, pressured by a stronger dollar ahead of a Federal Reserve policy decision and US…

Don’t terminate contracts illegally

Taurai Musakaruka HR Issues Contracts are very sensitive in nature and have to be handled in such because an employee who feels that their contract has been terminated illegally has grounds…

Are you ready for nuclear war?

David North and Alex Lantier Correspondents Are you ready for war — including possibly nuclear war — between the United States, Europe, and Russia? That is the question that everyone should…

Zim signs Tobacco Control treaty

Zimbabwe has acceded to the World Health Organisation Framework Convention on Tobacco Control (WHO FCTC), a treaty meant to reduce demand for tobacco globally. President Robert Mugabe signed the WHO FCTC…

Rio offloads Mozambique coal assets

Melbourne. – Rio Tinto Group (RIO), the world’s second-biggest mining company, drew a line under one of its most disastrous deals by offloading its Mozambique coal assets for $50 million. The…

Kallis retires from international cricket

JOHANNESBURG. – Jacques Kallis yesterday announced his retirement from all formats of international cricket. “I realised in Sri Lanka that my dream of playing in a World Cup was a bridge…

Demonising Zimra at our own peril

Benny Tsododo Correspondent As a struggling worker who has a chunk of his measly earnings monthly taken up by the Zimbabwe Revenue Authority (Zimra), it is tempting to support any criticism…

Does conducting prayers at blackspots help?

Lovemore Meya Features Writer Many traffic accidents have occurred at these darkspots and families have lost loved ones. Coutnrywide, road carnage has claimed at least 2 000 lives a year. On countless times,…

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