‘We’re not driven by money’
Robson Sharuko, Harare Bureau THE Warriors have said their acceptance of Zifa’s Z$30 000 (about US$1500) winning bonus, for the two 2021 Afcon qualifiers against Botswana and Zambia, show that they…
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- businessweekly
- November 15, 2019
- 55 views
RBZ fears cash ends-up on black market
Chances are high that new notes and coins that will find their way into the informal sector when the cash is traded illegally, may not return into the formal banking system because the domestic economy is about 60 percent informal, according to the Reserve Bank of Zimbabwe (RBZ).
Budget goes pro-people
Africa Moyo, Harare Bureau FINANCE and Economic Development Minister Professor Mthuli Ncube yesterday presented a pro-people 2020 National Budget, which announced various safety nets for vulnerable people including bonuses for all…
- businessweekly
- November 15, 2019
- 72 views
Budget: sober, pro-business, pro-people
Business people should be grateful that Finance and Economic Development Minister Professor Mthuli Ncube went for a businesslike and sober National Budget for 2020, largely ignoring many of the passionate pleas he was getting to “Tax everyone else but me”.
Envy Night Club re-opens
Langalakhe Mabena After closing for a few months for renovations, Envy Night Club in Bulawayo is set to re-open tomorrow with Zim Dancehall chanter Enzo Ishall gracing the re-opening ceremony.…
- businessweekly
- November 15, 2019
- 62 views
IDCZ gets $240m budget boost
Government will capitalise the Industrial Development Corporation (IDCZ) to the tune of $240 million as the Corporation revives its development financing role.
Letters to the Editor: MDC politically disorganised
Peacemaker Zano THE recent claims by MDC-A that they have dropped the challenge of the “illegitimacy” of President Emmerson Mnangagwa that they have been capitalising on since he assumed office…
Minister tackles subsidy distortions
Prosper Ndlovu, Business Editor TREASURY has adopted a targeted subsidy model to curb market distortions arising from the previous blanket subsidy schemes that were being abused by some sectors of the…
Tax-free bonuses for civil servants
Mashudu Netsianda, Senior Reporter GOVERNMENT has reviewed the tax-free bonus threshold from $ 1 000 to $ 5 000 with effect from this month with civil servants also expected to get…
Afro soul singer releases music video
Bongani Ndlovu, Showbiz Correspondent Multi-award winning Afro soul singer Berita Khumalo has released a music video, Yours, that was shot in Zimbabwe to show the beauty of the country despite its…