Duty on Covid-19 material waived

Duty on Covid-19 material waived     Minister Monica Mutsvangwa Harare Bureau Duty on the importation of drugs and other materials used in the Covid-19 response has been waived, with Government expressing satisfaction with mitigation measures put in place by the Inter-Ministerial Taskforce set to deal with the spread of the disease. Information, Publicity and Broadcasting …

RBZ suspends forex rule

RBZ suspends forex rule Chronicle 1/4/2020   Prosper Ndlovu, Business Editor THE Reserve Bank of Zimbabwe (RBZ) has suspended the 30-day foreign currency balance liquidation requirement for exporters as well as its attendant penalty system so as to minimise the impact of Covid-19 (coronavirus) outbreak on the economy. The central bank has also clarified concerns …

Return of Farms to Certain Dispossessed Farmers

BILL WATCH 11/2020 [30th March 2020] Return of Farms to Certain Dispossessed Farmers Earlier this month the Minister of Lands, Agriculture, Water and Rural Resettlement gazetted a set of regulations ‒ the Land Commission (Gazetted Land)(Disposal in Lieu of Compensation) Regulations, 2020 (SI 62 of 2020) [link] ‒ which provided for the return of farms …

Govt gazettes free forex funds SIGovt gazettes free forex funds SI

Govt gazettes free forex funds SIGovt gazettes free forex funds SI  Herald 31/3/2020   Dr Mangudya Herald Reporter Government has gazetted the amended statutory instrument allowing the wider use of foreign currency in the country. This follows the fixing of the official exchange rate to US$1:$25 by the Reserve Bank of Zimbabwe (RBZ) last week. …