Commercial Farmers' Union of Zimbabwe
Zimra calls for Income Tax returns STAFF WRITER • 28 June 2018 12:46PM • 0 comments 2 minutes HARARE – The Zimbabwe Revenue Authority (Zimra) says the window is still open for the submission of Income Tax Returns, critical for the issuance of tax clearance certificates. Zimra had earlier indicated that the deadline for …
US dollar black market rate soars 1 June 28, 2018 4:52 PM Source: US dollar black market rate soars | Daily News HARARE – A crazed pre-election demand for the United States dollar has pushed the black market premium to an all-time high as shortages of foreign exchange fuels a roaring currency black market now driving …
Tax amnesty 2018 in respect of motor vehicles June 28, 2018 Business, Uncategorized IN an effort to encourage our valued clients to regularise their tax obligations, the Government has, through the Finance Act No. 1 of 2018 published on 15 March 2018, made provisions for granting of a tax amnesty to persons on application. Persons include companies, …
Pensioners getting peanuts: IPEC – The Financial Gazette Zimbabwe’s pension industry consists of four pension schemes, namely the National Social Security Authority (NSSA), Civil Service Pension, Private Occupational Pension and Individual Pension. THE Insurance and Pensions Commission (IPEC) says the average pensioner in Zimbabwe receives a pension well below the poverty line.Speaking at a …
Pension fund contribution arrears hit $600 million The pensions funds in Zimbabwe had total assets amounting to $4,03 billion as at December 31, 2017. CONTRIBUTION arrears to pension funds have reached $600 million, the Insurance and Pensions Commission (IPEC) disclosed on Tuesday.IPEC head of pensions Josphat Kakwere said the arrears had reached $600 million …
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World Bank finalises funding for Zim The Herald Martin Kadzere Senior Business ReporterThe World Bank is concluding funding requirements for Zimbabwe as part of processes to start lending to the southern African country, Finance and Economic Planning Minister Patrick Chinamasa has said. Zimbabwe is in arrears of $1,2 billion to the World Bank and …
Structured finance The Herald (Part 11 of a 24-part weekly series) Structured Trade Finance (“STF”) is a growing form of finance which aims at circumventing some of the funding challenges identified in our article last week. STF involves the creation of instruments (“structures”) that “mitigate” the unique risks inherent to participants in a transaction …
Conference to tackle Sadc trade barriers on cards Business ReporterIN an attempt to strengthen the continent’s trading ability, the United States Agency for International Development (USAid) in collaboration with INTL FCStone, a NASDAQ listed US-based company, will be hosting a landmark conference that will strategically tackle commodity challenges, highlight tax harmonisations, and outline a …
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Treasury-Bills income adds to SeedCo profit SeedCo chief executive officer, Morgan Nzwere SEEDCO’S income from Treasury Bills (TBs) significantly added to the company’s profit for the year ended March 2018. Last week, the company reported a five percent increase in profit for the year ended March 31, 2018, recording $21,4 million, up from $20,4 …
We don’t trust Zim with investment just yet: Netherlands newsday NETHERLANDS ambassador to Zimbabwe, Barbara van Hellemond says the African nation still has a long way to go before it can be trusted with investment from her country. BY KUDZAI MUCHENJEKWA Speaking at a business to business matchmaking seminar yesterday involving farmers in livestock, horticulture …
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