Zimra issues new import rules

Zimra issues new import rules  Herald 30/8/2019   Ishemunyoro Chingwere Business Reporter THE Zimbabwe Revenue Authority (Zimra) has issued new import regulations that are set to result in the formalisation of Small to Medium Enterprises (SMEs), most of which have remained largely informal despite dominating the economic landscape. In new regulations issued yesterday under public …

Wages and salaries: July-August dilemma

Wages and salaries: July-August dilemma    Chronicle 29/8/2019 Labour Matters, Davis Ndumiso Sibanda Following the removal of multi-currencies from the Zimbabwean market and having the RTGS dollar as the only currency to be used for trading in Zimbabwe, the salaries and wages payment has created conflict and confusion between employers and workers. There is the challenge …

Workers’ unions want salary review formula

Workers’ unions want salary review formula    Chronicle 29/8/2019 ZCTU secretary general, Mr Japhet Moyo. Prosper Ndlovu, Business Editor THE Tripartite Negotiating Forum (TNF) should come up with formulae to review salaries and cushion workers in line with prevailing inflationary trends at a particular given time, the Zimbabwe Congress of Trade Unions (ZCTU) has said. It …

Economic Isolation is Hindering Zimbabwe’s Transformation

Economic Isolation is Hindering Zimbabwe’s Transformation Lifting sanctions and increasing international investment will speed land and security sector reform—and enhance the protection of human rights. BY SIBUSISO B. MOYO  | AUGUST 21, 2019, 7:45 AM Zimbabwean President Emmerson Mnangagwa shakes hands after addressing a meeting attended by white Zimbabwean farmers and businessmen on July 21, 2018 in …

Tax requirements on appointment of a Public Officer

Tax requirements on appointment of a Public Officer  Herald 22/8/2019   Zimbabwe Revenue Authority – Every company which carries on trade or has an office or other established place of business in Zimbabwe shall at all times be represented by an individual residing therein as the Public Officer [Section 61 of the Income Tax Act …

200% cost of living allowance for Tongaat employees

200% cost of living allowance for Tongaat employees  Chronicle 20/8/2019   Hippo Valley Estates Walter Mswazie, Business Correspondent THE country’s sugar giant, Tongaat Hulett Zimbabwe (THZ), has awarded its employees close to 200 percent cost of living adjustment allowance to cushion them from the prevailing economic hardships. In an internal correspondence seen by Business Chronicle, the company’s acting …

Government Notice 1372 of 2019

Government Notice 1372 of 2019 General Notice 1372 of 2019. CONSTITUTION OF ZIMBABWE Notice of Acquisition of Agricultural Land under Section 72(2) of the Constitution IT is hereby notified that the Minister of Lands, Agriculture, Water, Climate and Rural Resettlement, acquires for and on behalf of the State, the land identified and described in the …

Survival strategies now a priority: Either you sink or you swim

Survival strategies now a priority: Either you sink or you swim By Newsday – August 6, 2019 Guest Column: Emmanuel Zvada The economy is not exactly reliable and business today is not what it once was. Zimbabwe is currently going through a tough period economically. Today’s organisational environment is proving to be markedly different from that of …