Sand poachers target graveyards, residential areasAttack authorities, law enforcementNationwide disease outbreak looms By Kundai Marunya The coming of the rainy season has left residents exposed to massive environmental and health hazards. Already, Harare and Bulawayo have recorded a high rate of diarhoea cases which surged with the coming of the …
Read More »Car import ban: ‘Not well-thought out policy’
Outcry over ban of second-hand cars‘Cruel ban by pampered Govt employees’‘Misplaced priorities’ by Govt Analysts have described the planned ban on the importation of second-hand cars contained in Finance and Economic Development Minister Mthuli Ncube’s ZW421,6 billion budget proposal delivered in Harare Thursday as a “not well-thought out policy”Prof Ncube …
Read More »The big squeeze: Here’s how Mthuli’s 2021 budget will affect you
A big part of Finance Minister Mthuli Ncube’s 2021 budget is a range of new tax measures to fund his ambitious ZWL$421.6 billion budget.Treasury plans tough tax measures to squeeze more dollars from the economy. The highlight of this plan is how the taxman plans to go after the informal …
Read More »Criminals sabotage network providers’ infrastructure
The Zimbabwe Republic Police (ZRP) is dealing with several cases of theft and vandalism of infrastructure belonging to local service providers.With most companies in Zimbabwe having adopted digital technologies to deal with the disruption brought about by the coronavirus pandemic – criminals are also making a killing, drawing back efforts …
Read More »G-20 didn’t do much for poor nations
The annual summit of world leaders known as the Group of 20 is often more about form than substance given the varying interests and policy differences among participants, ranging from the United States and China to Argentina and South Africa. Nevertheless, in times of transnational trouble such as the Covid-19 …
Read More »Elon Musk soars past Bill Gates to become second richest person
Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla Inc. co-founder passed Bill Gates to become the world’s second-richest person. The 49-year-old entrepreneur’s net worth soared $7.2 billion to $127.9 billion, driven by yet another surge in Tesla’s share price.Musk has added $100.3 billion to …
Read More »30 trucks attacked in SA … Terror as rampant attacks leave one driver dead
Tensions in the trucking industry have reached boiling point after a 45-year-old truck driver was shot and killed on Monday night. On Tuesday, Gauteng police spokesperson Capt Kay Makhubele said they were investigating a case of murder, attempted murder and malicious damage to property following an incident in Leondale, Alberton, …
Read More »China may scale back investment in Africa, says new report
In the coming decade, China is expected to consume less raw materials and be more selective in its foreign lending and investment activities.In a report published on 10 November, the German insurer Allianz and its credit insurance subsidiary Euler Hermes revealed a disturbing finding: over the coming decade, China may …
Read More »2021 BUDGET: THE MAIN EXPECTATIONS
‘Needs to be stimulatory, protect populace against rising poverty’ By Collen JonasiThe presentation of the national budget is a key event on the country’s fiscal calendar every year. The national budget is the main instrument through which the country’s fiscal policy is administered. A fiscal policy refers to the government’s …
Read More »The US economy is about to shrink, JPMorgan warns
The pandemic is intensifying, statewide curfews are back and Washington is asleep at the wheel. This toxic backdrop is derailing the US economic recovery just as Joe Biden prepares to take charge — and JPMorgan is warning the economy is in fact about to shrink. On Friday, JPMorgan became the …
Read More »