November 24, 2024
The revenue authority, which is responsible for enforcing the country's import, export and exchange controls, has issued several seizure notices against the police for confiscated goods being held as exhibits following the arrest of people the taxman suspect to be avoiding duty.Prosecution of some cases has been thrown…
Acting chairman Basil Nyabadza told The Financial Gazette this week that ARDA lawyers were studying the implications of the ruling and would soon come up with a position. He said his board was determined to come up with an amicable solution to the dispute. Mvududu's case was among…
Zimbabwe's health sector is one of the biggest casualties of a staff exodus that hit the country over the past decade.A 2003 Scientific and Industrial Research and Development Centre report revealed that over 80 percent of doctors, nurses, pharmacists, radiologists and therapists trained since 1980 had left the…
The rhino is on the list of the world’s most endangered species and the country has lost about a quarter of its total rhino population in the last three years due to excessive poaching. Zimbabwe has the world’s third largest rhino population.Last April, Zimbabwe faced possible censure from…
Gold production increased four percent in the quarter against the September quarter's 57,000 oz, as higher surface production offset an 11 percent fall in output from the Blyvoor underground mine.Cash costs fell by some eight percent from R243,684/kg in the September quarter as higher gold output, a reduced…
The statements, invoices and payment modalities would be delivered “to each farm-gate” and claims made from every one of them through stop orders and/or cash payments.“Having gone over 30 months post commencement of the programme, it is now time that farmers, beginning the 2010 harvests, start paying for…
There are fears the industrial action, the first stern test for the inclusive government, could paralyse the economy, which was showing signs of recovery.The Financial Gazette can reveal that the Public Service Association (PSA), the Zimbabwe Teachers Association (ZIMTA), the Progressive Teachers Union of Zimbabwe (PTUZ), the Teachers…
The results are expected by April."A directive has been issued for an audit of all parastatals," Gabbuza said. The minister, who is also the Movement for Democratic Change (MDC-T) legislator for Binga could not, however, immediately give the magnitude of losses incurred so far by the State enterprises.But…
Information filtering through to The Financial Gazette indicates that the veteran nationalist is likely to retain his "old guard" to avoid detonating a time bomb ticking away in the party's high echelons where tension along factional and tribal lines is high.There is a good chance that most of…
The Financial Gazette reported last week on speculation swirling in the market that a planned tie-up with the potential technical partner had been affected by the uncertain political terrain in the country, which had been worsened by empowerment laws in the mining sector that have curtailed fresh investment."The…
