Day: January 3, 2018

Govt suspends tax on power generating projects

The government has exempted power generating projects from paying corporate income tax during the first five years of operation to increase investment and power supplies. The policy, which came into effect on the 1st of January 2018, will result in the power generating projects being levied a 15 percent corporate income tax only after the expiry of the first five years. Tax Matrix Managing Director, Mr Marvellous Tapera said the tax relief will increase investments in the energy sector. “It is a critical element, whose sustainability depends on the commitment to boost power generation,” he said. Engineering, Iron and...

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National drug stocks improve

National drug stocks in the public health sector are set to improve after the government availed $22 million raised under the Health Levy Fund to the Ministry of Health and Child Care for the procurement of essential medicines and hospital sundries. The Minister of Health and Child Care, Dr David Parirenyatwa revealed that by the 31st of December 2017, medicines, vaccines and other consumables worth $11,7 million had been ordered. The development means that national health policy goals drawn up based on the President’s 100 days target are on course. “The challenge of drug stockouts and non-availability of essential...

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Sabotage, bond notes blamed for price hikes

Zimbabwe’s business sincerity to economic recovery is being questioned, while many other theories have been proffered to explain the forces behind the current price hikes. President Emmerson Mnangagwa has made pleas for businesses to stop unnecessary price increases especially on basic commodities. However, this seems to have fallen on deaf ears as the wave of price hikes is no longer limited to basic commodities but now cuts across all essential products. Days before the 2018 school term kicks off, parents are faced with high prices on school uniforms, stationery and other requirements. Last year, a pair of school uniform...

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AFZ disowns social media recruitment advert

The Air Force of Zimbabwe (AFZ) has noted with great concern a wave of misinformation through social media, with the latest claim purporting that there will be a massive recruitment by the force from the 13th to the 16th of this month. In a statement to the ZBC News, AFZ Public Relations Officer, Squadron Leader Special Matarirano said the social media advert is not only misleading but a malicious lie. “The AFZ does not convey official messages through the social media and undesignated platforms. Any advert on AFZ recruitment will be disseminated and broadcast through mainstream media such as...

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Major investor for ARDA Katiyo tea estate

Good times are set to roll in the Eastern Highlands tea industry following revelations that an investor to partner ARDA Katiyo will be announced in the next three weeks. Eastern Highlands plantation, Tanganda Tea Company and ARDA Katiyo Estate dominate tea production in Manicaland. With figures showing that current production can be boosted to reach 25000 tonnes from the current 16 000 tonnes, there is certainly something to smile about as an investor is set to be announced, according to ARDA Board Chairperson, Mr Basil Nyabadza. ARDA Katiyo Estate Manager, Mr Stephen Zulu noted that what is left is...

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Tours an eye opener: First Lady

The First Lady, Cde Auxillia Mnangagwa’s round the country tour of children’s homes today took her to Manicaland Province where she met children from 14 orphanages. Describing the tours as an eye opener, the First Lady made a passionate call on Zimbabweans to rediscover their ‘ubuntu’ ideology so that problems affecting vulnerable people can be fully tackled. The sound of her coming is now being met with wild jubilation for every child knows a mother is too often a bearer of gifts. Such was the anticipation when Cde Mnangagwa descended on Manicaland where she lived true to the expectations,...

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Bosso elections loom

Bulawayo giants, Highlanders will at the beginning of next month hold elections that will usher in a new chairman, secretary general and committee member for a three year term. Administrative processes for the club begin with the annual general meeting on the last Sunday of January that will see club members reviewing the 2017 season which was largely described as disappointing. Bosso conceded as much as they scored and in the process winning 13 matches, losing the same number and drawing the rest. A week after the AGM, the club will hold elections to usher in a new executive....

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Govt clarifies ECD teachers issue

The Minister of Primary and Secondary Education has dismissed as unfounded reports that the government will no longer be paying Early Childhood Development (ECD) teacher’s salaries. Messages had been circulating on various platforms suggesting that parents are now supposed to cater for ECD teachers’ salaries, but the Minister dismissed the claims as false. Professor Mavima said the government has only stopped employing more teachers for ECD classes but will continue paying those already employed. Coming to the issue of textbooks for the new curriculum, Prof Mavima said it is the part of his ministry’s 100 day plan to ensure...

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Breakthrough for Harare law writer

Harare lawyer and labour expert, Caleb Mucheche’s efforts in contributing literature on Zimbabwe’s law is gaining international recognition with some of his books now in use in more than 100 universities across the world. Advocate Mucheche’s humble dream of contributing to the improvement of the legal system in Zimbabwe through law literature has now gone beyond his initial imagination. He is a fairly young legal practitioner with a law practice spanning 12 years and is also the founder of Zimlaw Trust which seeks to promote an appreciation of Zimbabwe’s laws. Advocate Mucheche has since 2012 written 22 books on various law subjects some of which include; Labour Rights Law under the Constitution of Zimbabwe, Commercial Law in Zimbabwe, Insolvency Law in Zimbabwe Business and Company Law in Zimbabwe.  Advocate Mucheche said his works have gained recognition in countries such as the USA, where they are in use at the University of Michigan, University of California, Portland University and Washington State...

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Fire guts property at Bindura city hall

Property worth $80 000 was destroyed at a popular city hall in Bindura after the building was set on fire by rogue elements. What started as an evening church service turned into a warzone as rogue elements attacked congregates attending an all night prayer at Tendai Hall injuring several people. The scuffle, which could not be explained, saw property worth over $80 000 being destroyed, forcing Mashonaland Central Provincial Affairs Minister Advocate Martin Dinha, Bindura Town Clerk Mr Shangwa Mavesere and other government departments to tour the site to assess damage. Advocate Dinha castigated the misguided individuals who initiated...

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