VAT reprieve for consumers, Government gazettes VAT exemption on key basic commodities

Chronicle Reporters TREASURY has gazetted the suspension of Value Added Tax (VAT) on selected basic commodities with effect from today as part of Government measures to tame price increases while boosting consumer purchasing power and aggregate demand for businesses. Consumers and economic analysts have welcomed the gazetting of the new regulations, which give full effect […] …
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Fao partnership to revolutionise Zimbabwean agriculture

Zvamaida Murwira in ROME, Italy ZIMBABWE is set to partner the Food and Agriculture Organisation under a co-operation framework that is set to revolutionise the country’s agriculture sector as Harare pushes to restore its breadbasket status in the Southern African Development Community region. With more than 12 high impact dams for irrigation across the country, […] …
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Government not entertaining blocked funds appeals

Nqobile Bhebhe, nqobile.bhebhe@chronicle.co.zw GOVERNMENT will not entertain new appeals for approval of blocked funds from companies and individuals as the process was completed in 2020 and the Treasury has completed the registration and validation, Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube has said. The term blocked funds describes money that a foreign […] …
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Bosso players return to training

Innocent Kurira, innocent.kurira@chronicle.co.zw HIGHLANDERS players returned to training yesterday though the session got delayed by close to two hours as players continued to demand their dues. Bosso owe several players their signing-on fees dating back to last year. On Monday, the players refused to train as they demanded what they are owed. On Tuesday morning, […] …
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Ceramic art that tells the Zimbabwean story

Sikhulekelani Moyo, mskhulekelani16@gmail.com A BLEND of creative design and visual art skills is all a Bulawayo ceramics company needs to convert locally available raw materials into attractive finished home decoration and kitchenware products for the domestic and export markets. Trading as Hippo Studios, the business of decorating ceramics started in 1997 and over the years its […] …
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Utseya resigns 

Source: Utseya resigns –Newsday Zimbabwe Reports yesterday suggested that the celebrated former Zimbabwe senior men’s national team captain tendered his resignation letter on Monday to pursue a different challenge abroad. THE Zimbabwe U19 camp remained united yesterday amid reports that Prosper Utseya will leave his coaching post after the team’s campaign in the Men’s U19 […]
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Zim slides further on the corruption index 

Source: Zim slides further on the corruption index –Newsday Zimbabwe Prosecutor-General Justice Loyce Matanda-Moyo ZIMBABWE has continued to perform dismally in fighting graft after scoring 24 out of 100, below the regional average of 33 on the Transparency International’s Corruption Perception Index. Transparency International, a global coalition against corruption which reviews the consumer price index […]
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Apostolic sects embrace cholera vaccination 

Source: Apostolic sects embrace cholera vaccination –Newsday Zimbabwe As of Monday, Zimbabwe had recorded 21 454 suspected cases, 2 376 confirmed cases, 409 suspected deaths and 71 confirmed deaths. APOSTOLIC sect members have warmed up to the cholera mass vaccination exercise and pledged to lead awareness campaigns among their followers. The oral vaccination exercise began […]
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RBZ forex policy chokes exporters 

Source: RBZ forex policy chokes exporters -Newsday Zimbabwe Exporting agricultural businesses are required to surrender 25% of their export proceeds to the Reserve Bank of Zimbabwe (RBZ) in exchange of the local unit. LISTED agricultural concern Ariston Holdings says the 25% export retention coupled with the huge disparity between the interbank exchange rate and the […]
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