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 […]
Harare, (New Ziana)- Zimbabwe’s economy is projected to grow by three percent in 2020, recovering from a -6.5 percent contraction this year on the back of a cocktail of new tax and other incentives expected to spur productivity, Finance and Economic Development Minister, Mthuli Ncube said on Thursday. Presenting the 2020 National Budget in the […]
Harare(New Ziana) – The government said on Thursday it will pay bonus to all civil servants at once this month, and not stagger the payment over months as in previous years. Presenting the 2020 National Budget Statement in Parliament, Finance and Economic Development Minister Prof Mthuli Ncube said payment of bonuses within one month will […]