Income from minor children

Income from minor children June 15, 2017 Business The Income Tax Act requires a parent to include in his/her return, any income accrued to his/her minor child(ren) either directly or indirectly from himself/herself, or by reason of a donation, settlement or other disposition which is deemed to be his/her. Important definitions A ‘“minor child” means a …

Govt issues $50m TBs to raise funds for irrigation

Govt issues $50m TBs to raise funds for irrigation June 15, 2017 Business Government has issued Treasury Bills amounting to $50 million to raise funds for irrigation equipment under its specialized Command agriculture program. “The Government of Zimbabwe is issuing an irrigation infrastructure Treasury Bond with a face value of $50 million to contribute towards Command …

Winter wheat to top 280 000t

Winter wheat to top 280 000t June 15, 2017 Local News Elita Chikwati Senior ReporterWinter wheat production is this season expected to surpass 280 000 tonnes following Government’s intervention with the Special Winter Wheat Production programme (Command Wheat), the Ministry of Finance and Economic Development has said. According to the Treasury Quarterly Bulletin (January-March 2017), the programme is …

Tourism faces gloomy future. . .Pressure on Zim to stop activities involving wild animals

Tourism faces gloomy future. . .Pressure on Zim to stop activities involving wild animals June 15, 2017 Business There are indications that elephant rides and lion walks will be stopped in December this year Leonard Ncube in Victoria FallsTHE tourism industry is facing a gloomy future as some international tourism agents from America are reportedly campaigning …

Milk output declines in five months to May

Milk output declines in five months to May National Report June 12, 2017By Own Correspondent Milk production declined by 25,7 million litres in the first five months to May. MILK production in the first five months to May marginally declined to 25,7 million litres from 26,5 million litres in the prior year, latest official figures show. …

How the market can inform better farmer characterisation

How the market can inform better farmer characterisation June 14, 2017 in Business In a rapidly changing knowledge economy, it no longer makes sense to continue characterising farmers in developing countries by the size of land on which they produce agricultural commodities. Informal agriculture markets provide various ways through which African farmers can be characterised beyond the …

Arda decries lack of investment in seed houses

Arda decries lack of investment in seed houses June 14, 2017 in News AGRICULTURAL Rural Development Authority (Arda) board chairman Basil Nyabadza yesterday decried lack of investment in seed houses and manufacturing, saying the country had now become a market for seeds from other countries, instead of being a major producer. BY VENERANDA LANGA Nyabadza had appeared …

Bishop, Chief Tandi in land wrangle

Bishop, Chief Tandi in land wrangle June 14, 2017 in News Victory Tabernacle leader Bishop Trevor Manhanga and Chief Tandi have been dragged to the High Court by an aspiring traditional leader, Peter Tandi, who is seeking an order to reverse Lesbury Farm’s acquisition. BY CHARLES LAITON Peter Tandi, who is challenging the Tandi chieftainship in another …

Suspected rhino poachers nabbed in SA

Suspected rhino poachers nabbed in SA June 14, 2017 Crime & Courts Crime ReporterSouth African Police Services have arrested three men believed to be Zimbabweans who were part of cross-border rhino poaching syndicate. They were identified as Jabulani Ndlovu (39), Forget Ndlovu (37) and Skhumbuzo Ndlovu (37). “On 5 June 2017, the police in Hoedspruit outside Phalaborwa …

Agric lenders urged to charge just 4pc interest

Agric lenders urged to charge just 4pc interest June 14, 2017 Business Dr Made Livingstone Marufu Business ReporterGOVERNMENT has called on lenders to the agriculture sector to lower their interest rates to single digit figures as a way of making loans affordable to farmers. Plans to borrow at “reasonable prices” are already in place starting from the …