Withholding of amounts payable under local contracts with State

Section 80 of the Income Tax Act (Chapter: 23:06) provides for the deduction of 10 percent Withholding Tax from all amounts payable to all persons who enter into contracts with…

TZ elections slated for October 8

Elina Mhlanga: Sports Reporter TENNIS Zimbabwe are now expected to hold their elections at a special general meeting on October 8 at Harare Sports Club following the submission of nominees by…

Electoral body not budging on poll fees

ACCRA. — Ghana’s Electoral Commission (EC) has said it would not reduce filing fees for presidential and parliamentary candidates contesting this year’s general election.So far, 16 political parties and nine…

Dortmund frustrate Real

PARIS. — Andre Schuerrle smashed in a late equaliser as Borussia Dortmund held Real Madrid in the Champions League soccer on Tuesday night, while Leicester City claimed another famous European…

Shimon Peres dies

TEL AVIV — Israeli ex-president and Nobel Peace Prize winner Shimon Peres died yesterday, some two weeks after suffering a major stroke, triggering an outpouring of grief for the historic…

Entrapment has won: Big Sam

LONDON. — A contrite Sam Allardyce claimed “entrapment has won” after facing the media for the first time since stepping down as England soccer manager.Allardyce left his role as England…

Zimra garnishes Makomo Resources

Business Reporter COAL miner, Makomo Resources’ operation have been hit by a major setback after the Zimbabwe Revenue Authority garnished its bank accounts over tax liabilities.

Home away from home on Fibroniks

What is a value added service? According to investopedia.com, a value added service refers to an enhancement a company gives its product or service before offering the product to customers.

Globalisation spurs labour market

NEW YORK. — CareerBuilder and Emsi recently released new data on the ways that the American lifestyle, new technology, and increased globalisation have shaped the labour market and created new…

AfDB approves $310m loan for Ecobank

Business Reporter THE African Development Bank has approved a $310 million trade finance loan facility for Ecobank Transnational Incorporated, parent company of the Ecobank Group.

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