Fifty percent forex corporate tax payment in Zim$ requirement still in force

Nqobile Bhebhe, nqobile.bhebhe@chronicle.co.zw TREASURY has reiterated that it will not accept forex payment for the 50 percent local currency tax component, which will be converted at the Wholesale Auction Exchange Rate in order to curb tax arbitrage. To ensure compliance with the latest regulations, statutory penalties for late payment of taxes due will be vigorously applied, […] …
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Aston Villa captain McGinn in Victoria Falls

Leonard Ncube and Caroline Mutsawu, Chronicle Writers DESTINATION Victoria Falls continues to attract international celebrities with English Premier League football star and Aston Villa captain John McGinn landing in the tourism city yesterday for a two-day holiday where he is set to meet with teammate Marvelous Nakamba. McGinn, who is also Scotland’s national team captain, landed […] …
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BCC to disband municipal police

Nqobile Bhebhe, nqobile.bhebhe@chronicle.co.zw THE cash-strapped Bulawayo City Council (BCC) is planning to disband its municipal police and engage a private security company on a 12-month rolling contract as part of a raft of measures to cut its wage bill and improve security. BCC is also considering reporting bad debtors to the Credit Bureau, reintroducing the Revenue […] …
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Masvingo to generate 22MW 

Source: Masvingo to generate 22MW – The Southern Eye Masvingo has a demand of at least 23MW of electricity. MASVINGO province is set to launch hyropower projects on its two main dams — Tugwi-Mukosi and Mutirikwi — a senior government official has said. In an interview with Southern Eye recently, Masvingo Provincial Affairs and Devolution […] …
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New faces for CCC in Gweru Urban

Source: New faces for CCC in Gweru Urban – The Southern Eye Only two candidates from the previous council, Martin Chivhoko (ward 4) and Dani Ndaba (ward 14) have been retained to contest in the harmonised elections scheduled for August 23. The Citizens Coalition for Change (CCC) party has fielded more than a dozen new […] …
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