Category: Legal – The Law (archives)

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Water agreement: All you need to know     The Herald 23/11/2018 What is a water abstraction agreement? A water abstraction agreement is a contract that any person, entity or organisation who needs a reservation for their use of raw water from Zinwa managed or State dams enters into with Zinwa for the provision of …

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‘Trade in forex, pay tax in forex’     The Herald 19/11/2018 Farirai Machivenyika Senior Reporter The Zimbabwe Revenue Authority has directed businesses that are trading in multi-currencies to remit taxes in the same currency in which the goods have been sold. “Zimbabwe Revenue Authority has noticed that there are businesses that are trading, withholding …

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2% money transfer tax simplified eDuzeNet Bulawayo24 9/11/2018 Intermediated Money Transfer Tax is a tax collected in terms of Section 36G as read with the Thirtieth Schedule of the Income Tax Act [Chapter 23:06]. This tax has been in place since 2003 and an amendment was made by Statutory Instrument 205 of 2018 on 12 …

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Goods that have been delisted from import licence requirement     The Chronicle 8/11/2018 Following the gazetting of Statutory Instrument (SI) 237A of 2018, a number of goods which were formerly controlled by the Ministry of Industry, Commerce and Enterprise Development were removed from the goods requiring import licences. Statutory Instrument 237A amended Statutory Instrument …

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Govt suspends duty on live birds, feed importers     The Herald 3/11/2018 Elita Chikwati Senior Agriculture Reporter Government has suspended duty on live birds and specialised bird feed imported by approved importers. Southsea Investments Private Limited, trading as Birds at Thirty, was granted permission to import 9 000 kilogrammes of specialised bird feed per …

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