Day: December 1, 2023
2024 Budget balances relief for workers, bolstering revenues
The cocktail of tax measures introduced by Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube yesterday in the 2024 Budget strikes a balance between providing relief to workers by raising the thresholds of tax-free income, bonuses and taxes on smallholder deliveries, while bolstering Government revenues to finance the economic development and infrastructure of […]
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Ngezi face off with Dynamos in Chibuku Super Cup Final
All roads lead to Baobab Stadium in Mhondoro this Saturday the 3rd of December 2023 where Castle Lager Premier League Champions, Ngezi Platinum Stars affectionately known as Madamburo’s date Dynamos Football club Chibuku Super Cup final. The match brings the curtain down on the roller coaster 2023 season where Madamburo won the league for the […]
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President joins fellow global leaders at COP28 summit
President Mnangagwa arrived here this morning for the 28th edition of the United Nations Climate Change Conference (COP28) which started on a positive note yesterday with the agreement on establishing a loss and damage fund. The loss and damage fund was one of the expected key deliverables at this year’s conference. President Mnangagwa was welcomed […]
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IMF, World Bank back Zim reform agenda
THE International Monetary Fund (IMF) and the World Bank (WB) have pledged to support Zimbabwe’s current development and growth trajectory, in a vote of confidence for economic reforms being implemented by President Mnangagwa’s administration. A delegation from the two multilateral financial institutions is currently in the country and yesterday paid a courtesy call on President […]
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Packed schedule for President in Dubai
PRESIDENT Mnangagwa left Harare last night for Dubai where he is expected to join nearly 100 000 delegates including Heads of State and Government at COP28 here, to try and find lasting solutions to climate change. The number of delegates make this year’s conference easily the biggest such conference in a long time. COP28 comes […]
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Zimbabwe reaches HIV fight milestone
ZIMBABWE has managed to control the HIV/AIDS pandemic and ultimately achieve the 95-95-95 Joint United Nations Programme (UNAIDS) targets on HIV/AIDS resulting in a decrease in infections and deaths, President Mnangagwa has said. As of this year, only three Sub-Saharan African countries including Zimbabwe have achieved the UNAIDS 95-95-95 objectives. In addition to the achievements, […]
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Zim has latest stockfeed technology in Africa
ZIMBABWE now boasts the latest stockfeed technology in Africa, imported from Turkey, that can produce up to 240 tonnes per day being operated from home by a single person. In line with the Second Republic’s mantra, “nyika inovakwa nevene vayo,” a local firm, Davipel Group of Companies, an indigenous agro-processing company in Harare’s Sunway City […]
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Legislators, economists hail Budget
Parliamentarians and analysts yesterday largely welcomed the 2024 National Budget presented in the National Assembly by Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube. They said it was a pro-poor budget, with significant resources allocated to social services that include health and education. Prof Ncube presented a $58,2 trillion Budget yesterday during a […]
Read MoreFour petrol tankers, bus reduced to shells
FOUR petrol tankers and a bus were reduced to shells at a garage in the Willowvale area of Harare after they caught fire while suspected fuel dealers were siphoning fuel from one of the tankers. Police have since launched investigations into the case. It is alleged that the garage where the incident occurred was being […]
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Biti denies attacking investor
HARARE lawyer and opposition politician Tendai Biti yesterday denied advancing towards businesswoman Mrs Tatiana Aleshina with intent to attack her. Biti, who is facing charges of assaulting Mrs Aleshina at the Harare Magistrates Court in 2020 using verbal assault and threatening behaviour, was presenting his defence case. Allegations by several witnesses are that he advanced […]
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