TOP economist Gift Mugano has cast doubt over the practicality of the government’s plan to compensate individuals for losses suffered due to a statutory exchange rate movement on February 20, …
finance
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PARLIAMENT recently passed the Pension and Provident Fund Amendment Bill. The Bill, together with the Insurance and Pensions Commission Bill and the Insurance Bill — still before the National Assembly …
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Companies & Markets
Blocked funds: African Century banks on government
by Omega Ukamaby Omega UkamaAFRICAN Century is optimistic that the government will deliver on its promise to settle legacy foreign debts, which were registered as “blocked funds”. Between 2015 and 2019, a number of …
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INNSCOR Africa’s (Innscor) bakery division, Baker’s Inn, is targeting to ramp up daily bread production to one million loaves from about 450 000. The chief operating officer of the company’s …
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THE government has cleared the air on confusion that had been created by an error in President Emmerson Mnangagwa’s capital gains tax (CGT)N review pronouncement last weekend. The President had …
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CALEDONIA Mining Corporation Plc says its secondary listing on the Victoria Falls Stock Exchange in late 2021 has seen the gold miner registering an increased proportion of revenues in US …
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Columns & CommentLegal Matters
LEGAL MATTERS: Difference between void and voidable contract
by Hilary Muzaby Hilary MuzaWHEN parties enter into a contract, it is with the view that the contract be enforceable. They enter into a contract with the intention of performing and executing it. However, …
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Columns & CommentTax Matters
TAX MATTERS: Duty waiver on vehicle imports for people with disabilities
https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-281325.mp3?cb=1732288240.mp3SUSPENSION of duty is the waiver of customs duty and surtax. Value Added Tax (VAT) is payable at a rate of 14.5% based on the value of a motor vehicle …
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HWANGE Colliery Company (Hwange) has entered into an equipment mobilisation agreement for its underground mine that will result in the miner acquiring new equipment valued in excess of US$15 million …
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GENERAL Beltings Holdings (GB) expects to increase its market consolidation on the back of logistical constraints caused by the Russia-Ukraine conflict, which is compelling its customers to replace imports with …
