National NewsTop Stories

Man up for attempted murder

A GLEN Norah man is battling for his life at Harare Central Hospital after he was struck with an axe by a suspected mentally-disturbed man in their neighbourhood on Saturday. When the suspect, Shawn Bwanali, 25, appeared before Harare magistrate Rumbidzayi Mugwagwa yesterday the T-shirt which he wore when he allegedly committed the offence was…

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National NewsTop Stories

Armed robbers target hitch-hikers

THREE suspected armed robbers allegedly targeted hitch-hikers and robbed them of their valuables, a court heard yesterday. Handsome Ncube, Innocent Ncube and Joshua Maseko would reportedly dump their victims in the middle of nowhere following the robberies. Handsome, Innocent and Maseko appeared before Bulawayo magistrate Lizwe Jamela charged with four counts of armed robbery. Prosecutor…

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Business

Tax reduction fails to bring big impact on prices

© THE decision to reduce value added tax (Vat) from 15 percent to 14,5 percent and to change the intermediated money transfer tax (IMTT) tax-free threshold from $20 to $100, had a minimal impact on prices of basic goods. Vat is an indirect tax on consumption, charged on the supply of taxable goods and services…

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National NewsTop Stories

Black market threatens retailers

THE thriving black market where basic commodities are readily affordable to consumers at cheaper prices is threatening the viability of retailers, Confederation of Zimbabwe Retailers president Denford Mutashu has said. Mutashu said the retail sector is reeling from the effects of Statutory Instrument 142 which outlawed use of foreign currency for domestic transactions. Last year,…

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National NewsNewsPolitics

‘General strike the only way to go’

ZIMBABWE Congress of Trade Unions (ZCTU) president Peter Mutasa has said they are consulting other unions so that they will embark on a general strike as they want to avoid victimisation from the State security agents. Mutasa told the Daily News recently that teachers and doctors have not had successful strikes because of alleged victimisation…

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National NewsNews

Govt to borrow money without Parly approval

GOVERNMENT will soon have powers to borrow money from international institutions without Parliament approval if proposed amendments are passed. Legal watchdog Veritas said it is not wise for the government to amend the section. To amend section 327 so as to remove or reduce Parliament’s powers will be utterly pernicious and will encourage a return…

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National NewsNews

Zim starts public hearings on war vets

ZIMBABWE today begins a public hearing on how to provide for rights and benefits of veterans of the liberation struggle and their dependants. The parliamentary portfolio committee on Defence, Home Affairs and Security Services will hold public hearings on the Veterans of the Liberation Struggle Bill  from Monday to Friday next week. Two teams of…

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National NewsNews

Cash barons feel the heat

THE government has unveiled new steps aimed at thwarting cash barons who are causing chaos in the economy by fuelling the foreign currency black market, the Daily News reports. The punitive measures include seizing the assets of these economic saboteurs and closing their bank accounts. This comes as the Zimbabwe dollar continues to lose its…

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NewsPolitics

Stop politicking over maShurugwi

THE National Peace and Reconciliation Commission (NRPC) has called on political leaders to stop the blame game and unite in finding solutions that will end the machete gangs’ reign of terror. This comes as the opposition MDC has accused Zanu PF bigwigs of funding and supporting the machete-wielders for personal gain, with Zanu PF responding…

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National NewsTop Stories

NRZ to charge exporters in forex

THE Reserve Bank of Zimbabwe (RBZ) has given the National Railways of Zimbabwe (NRZ) the green light to collect rail charges in foreign currency for goods exported under the Cost, Insurance and Freight (CIF) conditions. This comes after the ailing parastatal wrote to the central bank and to the Finance ministry seeking permission to charge…

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