Commercial Farmers' Union of Zimbabwe
RBZ reviews downwards bank rate – NewsDay Zimbabwe 30/4/2020 The Reserve Bank of Zimbabwe (RBZ) has reviewed downwards the bank rate to 15% from 25% per annum starting from Friday, May 1, 2020 as the broke government scrambles to resuscitate the economy. In a paper authored by the Zimbabwe National Chamber of Commerce titled ‘Sustainable …
RBZ reviews forex priority list Herald 30/4/2020 Farai Masendu Tawanda Musarurwa Senior Business Reporter The Reserve Bank of Zimbabwe (RBZ) says financial institutions should prioritise foreign currency allocation to productive sectors of the economy as a key response to the coronavirus pandemic. In a strategic use of the monetary policy to cushion the blow of …
New rent regulations gazetted Herald 30/4/2020 President Mnangagwa Herald Reporter President Mnangagwa has invoked his temporary powers to allow rent payments for residential property and mortgage payments to be deferred during the lockdown because many people are not earning income during the period. Deferred rent for residential property or deferred mortgage payments have to …
Employers obliged to pay salaries during lockdown Posted on April 24, 2020 by The Independent in Main News THE extension of the country’s lockdown by two weeks has worsened the plight of worker as employers struggle to keep their companies afloat. The Confederation of Zimbabwe Industries (CZI) recently revealed that 82% of companies will not be able to pay salaries …
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Due to the National Lockdown we have not been receiving or collecting our copies of the Government Gazette for several weeks now. We therefore thank Veritas for kindly compiling a list below of all of the recent Statutory Instruments etc. BILL WATCH 19/2020 [24th April 2020] Government Gazettes Update: Part I – 1st to …
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BILL WATCH 17/2020 [20th April 2020] Covid-19 : SIs Underpinning Lock-down Extension In a speech delivered at 4.30 p.m. yesterday, the President announced that the lock-down would continue for another 14 days, ending at midnight on Sunday the 3rd May – two days before schools are due to re-open. With commendable promptness the Government published …
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Understanding how to work with Forex trading 0 April 15, 2020 11:36 AM Source: Understanding how to work with Forex trading – NewsDay Zimbabwe Foreign exchange is the process of trading different currencies. Over time, it has emerged globally since it is volatile to anyone. However, for one to become a good and profitable trader beginner’s guide to …
BILL WATCH 14/2020 [14th April 2020] Covid-19 and the Law : Part 1 The Covid-19 pandemic has reached Zimbabwe with seventeen reported cases to date, three of whom have tragically died. After initial delays, the Government has finally enacted laws which give it powers to combat the disease. In this Bill Watch we shall describe …
Covid-19, lockdown and change in labour patterns Chronicle 9/4/2020 Davies Ndumiso Sibanda SINCE the lockdown came into effect, many employers are not certain their businesses will survive into the future and are not even sure what will happen to their workers. Working from home is likely to have a lasting impact on organisations as …
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Statutory Instrument 81 of 2020. Labour Relations (Specifi cation of Minimum Wages) (Amendment) Notice, 2020 (No. 15)