ZIMRA offices

Zimra surpasses November targets

Business Reporter The Zimbabwe Revenue Authority (Zimra) has surpassed its November 2017 revenue target by 30 percent to $352,24 million from $269,83 million driven by strong performance in collectio...
Minister Chinamasa

Move to restore forestry resources hailed

Rumbidzayi Zinyuke Manicaland Bureau Players in the timber industry have welcomed proposed interventions by Government to restore forestry resources through a reversal of haphazard resettlements in e...
Minister Chinamasa

Govt targets 350 000t of wheat

Livingstone Marufu Business Reporter GOVERNMENT is targeting 350 000 tonnes of wheat in the next three years to guarantee sufficient domestic wheat supplies and to reduce reliance on imports. Zimbabw...
Minister Chinamasa

Rural authorities to collect land levies

Business Reporter Government has rescinded an early decision allowing the Ministry of Agriculture and Rural Resettlement to collect rentals and land development levies from A1 and A2 farmers, giving ...
Minister Chinamasa

Govt recovers 66 percent of Command Fund

Elita Chikwati Senior Agriculture Reporter Government has so far recovered $47,7 million from the loans it issued under the Command Agriculture Revolving Fund, which translates to 66 percent of its t...
Minister
Kazembe

Sport hail 2018 Budget statement

Petros Kausiyo Deputy Sports Editor GOVERNMENT’S move to revive sport industry through fiscal support for infrastructure development has been hailed across the board with new Minister of Sport, Arts ...
Minister Chinamasa

Govt mobilises $266m for Command Agric

Business Reporter Government has mobilised $266 million to fund the second phase of Command Agriculture, while 1,8 million villagers are expected to benefit from Presidential Input Support Scheme und...
SEPs such as Zupco, the National Railways of Zimbabwe (NRZ) and Zesa, are some of the struggling firms that have been relying Government support.

Govt swoops on spectator parastatals

Africa Moyo Business Reporter STUNG by the unabated decline in the performance of State Enterprises and Parastatals (SEPs), Government has withdrawn wholesale support for the firms — 70 percent of wh...
Minister Chinamasa

Economic cleansing process begins

Herbert Zharare Assistant Business Editor Government has started a cleansing process targeting unlawful and illegitimate transactions, money laundering, externalisation of foreign currency and underg...
President Emmerson Mnangagwa, flanked by Cabinet Ministers, follows proceedings at the National Budget presentation by Finance and Economic Development Minister Patrick Chinamasa in Parliament yesterday. — (Picture by John Manzongo)

Budget puts leash on Govt spending

Taurai Mangudhla Senior Business Reporter Government has proposed a cocktail of measures to cut recurrent expenditure, including civil service and diplomatic staff rationalisation, a reduction in the...
Minister Chinamasa

Chinamasa’s fine balancing act

Clive Mphambela ZIMBABWEANS wait with bated breath for Finance Minister Patrick Chinamasa’s 2018 National Budget Statement, which he is expected to present this afternoon; outlining macro-economic an...
Cde Chinamasa

Midlands hails new Cabinet

Patrick Chitumba Midlands Bureau Chief ACADEMICS, politicians and the business community in the Midlands Province have given thumbs up to the new Cabinet sworn in by President Emmerson Mnangagwa on M...