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Sunday News

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GOVERNMENT will extend amnesty measures on outstanding taxes that were accrued prior to 1 December 2017. Presenting his 2018 National Budget in Parliament yesterday, Minister Chinamasa proposed an amnesty for interest and penalties on outstanding taxes accrued prior to 1 December 2017 for taxpayers who come forward and settle their obligations within the period ending...

Dumisani Nsingo, Senior Business Reporter COAL mining giant, Hwange Colliery Company Limited (HCCL) has submitted its Environmental Impact Assessment (EIA) report for one of its new concessions to the Enviromental Manangement Agency (Ema) as it forges ahead to increase its mine lifespan. ...

Miss Sithabile Ndlovu Tinomuda Chakanyuka, Senior Reporter THE word “she” and phrase “technology geek” don’t often appear in the same sentence. ...

Wilson Dakwa, Business Reporter THE price of diesel will go down next year as  logistics associated with transporting the commodity will fall by half while the commodity will also be exempted from paying a road levy of 4c/litre. ...

Dumisani Nsingo, Business Reporter A leading South Africa-based Zimbabwe-owned construction company, Business Integrated Technics (BIT) Resources has injected about $1 million in setting up a quarry granite mine in Umguza District in Matabeleland North Province. ...

Zimbabwe Alloys Munyaradzi Musiiwa, Midlands Bureau GWERU based giant ferrochrome producer, Zimbabwe Alloys, which is under judicial management, will this week meet its creditors after securing a $100 million investment deal with Indian Investor, Balasore Alloys Group. ...

Dumisani Nsingo, Senior Business Reporter ONE of the country’s leading herbal medicines manufacturer, Musimboti Traditional Science and Technology Institute is seeking to fill the void in the supply of affordable drug alternatives following the general price increases of medical drugs. ...

Butler Tambo IN last week’s article I looked at the value addition matrix of platinum group metals (PGMs) and its complexities because of the global value chain ownership and I then suggested that Zimbabwe in addition to value addition and beneficiation of its mineral resources should expedite the operationalisation of its Sovereign Wealth Fund (SWF). ...

Dumisani Nsingo, Business Reporter BULAWAYO-BASED shoe manufacturing concern, Millennium Footwear is slowly establishing itself as one of the major players in the region and is now focusing on the South African market after getting an invitation to exhibit in the neighbouring country. ...

Zimbabwe could save over $100 million in foreign currency if it achieves wheat output of 200 000 tonnes this year, up from 65 000 tonnes attained last year. ...