Zimbabwe’s tax agency today said it surpassed its September revenue target of $326.49 million by 14.34 percent on increased tax compliance.
Whenever President Robert Mugabe’s busy travel schedule out of Zimbabwe permits, he takes the opportunity to address scheduled ‘Presidential Youth Interface Rallies’ set for each of the country’s 10 provinces.
The Bulawayo City Council (BCC) has unbundled its Ingwebu Breweries with the unit set to operate as a separate entity, mayor Martin Moyo said yesterday.
Vice-President Phelekezela Mphoko has accused his counterpart Emmerson Mnangagwa of lying that he was poisoned at the Gwanda youth rally.
The National Social Security Authority (NSSA) says its plans to invest in the Cold Storage Commission (CSC) will not be affected by the meat processors legacy debts which are being dealt with in a recently approved scheme of arrangement. The cash rich state run pension fund intends to pump out $18 million to recapitalize CSC in an equity investment deal.
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya today told a meeting of business leaders that the country was generating sufficient foreign currency but was suffering from lack of confidence in the financial system. Mangudya said Zimbabwe had generated $4 billion in foreign currency receipts between January and September.