Harare (New Ziana) – Government said on Thursday it had set aside an additional $380 million (about US$25 million) to compensate former white commercial farmers whose land was taken by government for resettlement. The historic land reform programme saw the Zimbabwean government compulsorily acquire vast tracts of prime agricultural land owned by a few white […]
Harare(New Ziana)-Government has devoted and ring- fenced five percent of excise duty on fuel to finance the rehabilitation and dualisation of the Beitbridge- Harare- Chirundu highway, Finance and Economic Development Minister Prof Mthuli Ncube said on Thursday. Presenting the 2020 National Budget Statement in Parliament, Prof Ncube said it was critical for government to secure […]
Harare(New Ziana) – Government has set aside ZWL$500 million in the 2020 National Budget to finance youth start-up business projects, Finance and Economic Development Minister Prof Mthuli Ncube said on Thursday. Presenting his 2020 National Budget statement in Parliament, Prof Ncube said a special purpose vehicle, the National Venture Capital Fund, will be set up […]
Harare (New Ziana) – Government on Thursday increased the minimum taxable amounts for intermediated money transfer tax (IMTT), better known as the two percent tax, to $100 from $20 per transaction for individuals as it sought to ease the burden on low income earners. The review takes effect from January next year. The tax, which […]