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Govt Cracks Whip on Gold Milling Centres

By Ishemunyoro Chingwere GOVERNMENT has suspended operations at a gold milling centre in Bindura in what it warned was the beginning of a crackdown on milling centres it accused of underhand dealings ranging from understanding production to wanton disregard of basic tenets of safety. Mines and Mining Development Minister Winston …

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World Warming Up to Zimbabwe – Mnangagwa

By Africa Moyo President Mnangagwa yesterday said Government is encouraged by the positive responses from the re-engagement process, which seeks to reintegrate the country into the family of nations. The President said this while officially opening the 7th edition of the Zimtrade Exporters’ Conference in Harare which ran under the …

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NSSA pardons defaulting employers

THE National Social Security Authority (NSSA) has extended a three-month amnesty to unregistered and defaulting employers to regularise their contributions. BY FIDELITY MHLANGA It’s a statutory requirement for every employee working in Zimbabwe to be covered under the country’s social security scheme administered by NSSA. The window, under which penalties …

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Hippo Valley assures of sweet times ahead

Sugar milling company Hippo Valley achieved an operating profit of $17 million for the year ended March 31, 2018, up from $13,4 million in the prior year. Sydney Mutsambiwa This was buoyed by continued growth in local market sales assisted by the refineries which increased availability of refined sugar for …

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Hippo Valley assures of sweet times ahead

Sugar milling company Hippo Valley achieved an operating profit of $17 million for the year ended March 31, 2018, up from $13,4 million in the prior year. Sydney Mutsambiwa This was buoyed by continued growth in local market sales assisted by the refineries which increased availability of refined sugar for …

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Simbisa brings Haefelis to Harare

Zimbabwe Stock Exchange-listed (ZSE) fast foods operator Simbisa Brands has launched Haefelis brand at the Chisipite Food Court in Harare, alongside other flagship brands, such as Pizza Inn, Creamy Inn and Chicken Inn. BY STAFF REPORTER The fashionable and classy shop is a third in the country but first in …

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Monetary measures could stabilise currency, but drive inflation

THE monetary policy measures announced earlier this week could help strengthen currency and bring down parallel market rates as officially hoped. But they could also further undermine price stability and exacerbate the crisis, according to analysts. BY FIDELITY MHLANGA Reserve Bank of Zimbabwe (RBZ) governor John Mangudya announced a set …

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‘Zimra can raise over $8bn on increased tax compliance’

THE Zimbabwe Revenue Authority (Zimra) has potential to raise over $8 billion if it could achieve 100% tax compliance, over double the current rate, the Zimbabwe Coalition on Debt and Development (Zimcodd) has said. BY MTHANDAZO NYONI Zimra is currently at around 30% tax compliance, but has still to surpass …

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Water saving tips

What people can do in the homes? Using buckets when watering flowers or gardens Timely repair of leaking taps and toilet cisterns Watering lawns only when necessary Using cups or glasses when brushing teeth instead of using running taps Rain water harvesting Bathing using buckets and not showers Recycling water …

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Oil price in danger zone

LONDON. — Crude oil prices continue to climb despite attempts by oil producers to reassure the market about availability and the existence of enough spare capacity to offset oil lost as a result of US sanctions on Iran. Brent crude has risen to almost 75 euros per barrel, the same level …

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