The Parliamentary Portfolio Committee on Health and Child Care has proposed that Finance Minister Patrick Chinamasa introduces sin tax on sugary foodstuffs and drinks to raise funds for the health sector.
Zimbabwe’s surrogate bond note currency will remain in use until the economy recovers enough to sustain its own monetary unit, Finance Minister Patrick Chinamasa has said.
Movement for Democratic Change sectary-general Douglas Mwonzora says the recent decision by President Emmerson Mnangagwa to give vehicles to the country’s 280 chiefs is an evil system based on patronage and is aimed at oiling the Zimbabwe African National Union-Patriotic Front’s ruthless campaign machinery.
Speaker of Parliament Jacob Mudenda today asked a very rhetorical but pertinent question when Zimbabwe’s First Lady Auxillia Mnangagwa who is a Member of Parliament for Chirumanzu-Zibagwe stood up in the House while he was speaking “How do I address you now?” he asked amid laughter from the Members, but the question was left unanswered.
Border Timbers is hoping to have at least $5 million in tax penalties written off, and allow it to enter into a scheme of arrangement with creditors and eventually come out of judicial management.
Beverage maker Delta Corporation reported a 24 percent increase in revenue for the third quarter to December 31 driven by a sharp rise in demand over the festive period.
Jonathan Moyo, who is now in exile, has gone on a war path to discredit the forthcoming elections which he initially said President Emmerson Mnangagwa was afraid to hold.