Details of informal sector, churches exemptions spelt out
Informal traders registered with a local authority for the purposes of paying presumptive taxes or who pay rent on premises for carrying out their operations are now deemed to be in the formal sector and so exempted from lockdown regulations, while churches can now congregate on set conditions, under recently gazetted amendments.
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- businessweekly
- June 15, 2020
- 72 views
Gvt backs Gwanda solar financing plan
ENERGY and Power Development Minister Fortune Chasi says Government cannot afford the luxury of endless legal wrangles relating to the Gwanda solar project in the face of a new financing plan that he believes can help reduce chronic power deficits.
Covid-19 strain in Africa weak — experts
COVID-19 might not affect people in the African continent in the same manner it has hit Europe and Asia, but this is not an excuse for people to relax adherence to stipulated preventive guidelines.
Zupco fleet boost for residents
THE new fleet of Zupco buses launched by President Mnangagwa on Friday at Chinhoyi University of Technology (CUT) will go a long way in driving the Vision 2030 agenda, while at the same time protecting passengers from unscrupulous transporters.
- businessweekly
- June 15, 2020
- 59 views
Currency weakness puts Zimbabwe on edge
It’s hard to ignore current affairs when you are an economist, so this week with everyone’s eyes firmly on the exchange rate it’s only fitting that we try and understand what has gotten us to where we are as an economy. Why is inflation, the major route cause of currency weakness sitting at 765 percent and showing no signs of relenting judging by the continued rise in the price of products and services in the economy? What has gone wrong and why are we seeing this pressure on the currency now? As far back as February 2020, there were already strong indications that the Zimbabwe dollar would weaken further.
- businessweekly
- June 15, 2020
- 50 views
U.S. Fed keeps interest rates near zero, sees no rate change through 2022
WASHINGTON — The U.S. Federal Reserve on Wednesday kept its benchmark interest rate unchanged at the record-low level of near zero amid mounting fallout from the COVID-19-induced recession, and projected…
Teachers’ unions want June exams deferred
At least eight teachers’ unions have filed an urgent High Court application seeking to compel the Government to postpone the sitting of June examinations until all examination centres meet World Health Organisation (WHO) Covid-19 prescribed standards.
Concern over prescription drug sales
HIGH consultation fees at private health facilities and delays at State health institutions is forcing desperate patients to by-pass medical practitioners and buy prescription drugs over the counter with pharmacists assuming the role of a medical practitioner for free.
Kasukuwere hires Kunaka to evict farmer
FORMER Cabinet Minister Saviour Kasukuwere has allegedly hired a gang led by former ruling party youth leader Jim Kunaka to evict Mazowe district war veterans’ chairman Cde Elfanos Madzimunye from his Concorpia Farm recently, ZBC reported last night.
Chronicle Editor
- Chronicle
- June 15, 2020
- 75 views
Churches resume services: Leaders pledge to participate in National Day of Prayer
Mashudu Netsianda, Senior Reporter MOST churches in Bulawayo yesterday resumed services following the lifting of a ban on church gatherings to prevent the spread of Covid-19 by President Mnangagwa. As…