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Pension fund membership down 24pc: IPEC

The Insurance and Pension Commission said total pension funds membership fell by 24 percent during the full year to December 31, 2016 to 262 085 members compared to the prior year figure of 344,198. In a full year report released by IPEC based on 16 standalone funds, four fund administrators …

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Value Added Withholding Tax

In terms of Section 50A of the Value Added Tax (VAT) Act (Chapter 23:12) the Commissioner General of Zimra may appoint any registered operator who purchases goods from other registered operators to be a Value Added Withholding Tax agent. To this end and with effect from April 1, 2017, the …

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Asa Resources boots out director

Asa Resource Group Plc has fired its non-executive director, Yuan Hu Ching who was an appointee of China International Mining Group Corporation (CIMGC) in the board. This follows the dismissal of chief executive Yat Hoi Ning and finance director Yum Kwan from the Asa Resources board over allegations of externalisation …

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NetOne expands into convergence

Business Reporter MOBILE Network operator, NetOne has invaded the internet services provider space through two newly launched products, One-Fi and One-Cliq which introduce the company’s adoption of convergence in line with latest global trends. Under that strategy, NetOne is evolving from being a traditional network operator, moving from a basic …

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ZOLspot wins international award

ZOL Zimbabwe’s public Wi-Fi platform known as ZOLspot has been awarded the International Arch of Europe (IAE) Award in the Gold category at the International BID Quality Convention to be held in Germany this July, 2017. BID has been in existence for 31 years and is known for worldwide for …

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