Zinara to increase toll gates

Zinara to increase toll gates http://www.dailynews.co.zw By Nkululeko Sibanda, Senior WriterWednesday, 25 January 2012 12:14 HARARE – Motorists complaining about toll gates increasing their travelling expenses should be prepared to fork out more. The Zimbabwe National Road Administration (Zinara) says it plans to increase more toll gates in the country to raise more cash for infrastructure rehabilitation. Announcing …

Zimbabwe mine licence fees set to soar – state media

Zimbabwe mine licence fees set to soar – state media http://af.reuters.com/ Wed Jan 25, 2012 10:46am GMT HARARE Jan 25 (Reuters) – Zimbabwe is set to raise registration fees for platinum mines to $2.5 million from the $300 it currently costs to discourage the holding of claims for speculative purposes, state media reported on Wednesday. The government will …

Post budget developments in the economy: press statement by hon. T. Biti M.P., Minister of Finance

Post budget developments in the economy: press statement by hon. T. Biti M.P., Minister of Finance http://www.swradioafrica.com 25 January 2012 1. Introduction 1.1. The critical importance of the economy and macro-economic stability in our country predicates that there should be regular monitoring and oversight of all macro-economic indicators and vitals to allow Government, Business, Labour and all other …

Prices on the rise as ZIMRA implements fresh duty charges

Prices on the rise as ZIMRA implements fresh duty charges http://www.swradioafrica.com By Alex Bell16 January 2012 The prices of many basic commodities are set to increase in the wake of the latest duty charges introduced by the local revenue authority (ZIMRA), increases which an analyst has warned will have a serious impact on ordinary Zimbabweans. ZIMRA has announced …

Pressure mounts on banks

Pressure mounts on banks http://www.timeslive.co.za JAMA MAJOLA | 15 January, 2012 00:34 A dark cloud is hanging over several Zimbabwean commercial banks, which are struggling due to chronic capitalisation problems and a prolonged liquidity crisis in the market. Latest information gleaned from Ministry of Finance, Reserve Bank and banking sector reports show only six out of 26 banks …

Food, cars duty shocker

Food, cars duty shocker http://www.dailynews.co.zw By Wonai Masvingise, Staff WriterSaturday, 14 January 2012 13:31 HARARE – Food prices and other basic commodities are set to increase following an announcement by the Zimbabwe Revenue Authority that a 25 percent surtax would be charged on the commodities starting January 1. The development follows disclosures that government officials, including ministers, were …

Eric Bloch Column: Unprofitable value addition policies

Eric Bloch Column: Unprofitable value addition policies http://www.theindependent.co.zw/ Thursday, 12 January 2012 16:22 ONE of the many deficiencies or inadequacies of the Zimbabwean economy is the magnitude of value addition opportunities to the country’s diverse primary products, that have either never been pursued or, if at all undertaken, has only been so to a minuscule extent.  A few …

Zim looks to qualify for HIPC status

Zim looks to qualify for HIPC status http://www.theindependent.co.zw/ Thursday, 12 January 2012 17:38 Paidamoyo Muzulu ZIMBABWE has started working with international financial institutions and development partners, among them the British government, in looking at ways to qualify for debt relief under the Highly Indebted Poor Countries (HIPC) initiative. Zimbabwe owes US$7,4 billion to both foreign and local creditors, …

Zim loses out on foreign deals

Zim loses out on foreign deals http://www.thezimbabwean.co.uk The government takes too long to approve investment proposals, a top visiting Indian businessman has said.11.01.1211:19amby Ngoni Chanakira Harare All international investment projects are approved by the Zimbabwe Investment Authority, currently led by Richard Mubaiwa. However, the government has been criticised for being slow to approve deals and unwilling to work with …

AMA agro bills fail to entice market

AMA agro bills fail to entice market http://www.theindependent.co.zw/ Thursday, 22 December 2011 15:10 Reginald Sherekete THE recently floated Agriculture Marketing Authority (AMA) bills failed, yet again, to entice the market with the tender raising only US$17,7 million from the required US$50 million, despite the special features placed on the bills. The AMA agro bills had received special features …