News

Mazowe Rural District Council (MRDC) has dragged former Zanu PF MP for Mbare Constituency Tendai Savanhu to the High Court for failing to pay over $23 000 land development levy.

Government has approved part privatisation of the People’s Own Savings Bank (POSB) to enable the bank to raise capital, enhance service delivery and improve operational efficiency.The move is expected to enable the financial institution to fund the country’s struggling productive sectors.

The Zimbabwe Revenue Authority (Zimra) is strengthening voluntary compliance measures in order to tackle rampant tax evasion, the tax collector’s chief Faith Mazani, has said.This comes as the issue of tax corruption and evasion has become complex countrywide with experts likening it to organised crime.

The World Health Organisation (WHO) is calling for the review of the cholera vaccine following revelations that the infectious disease which broke out in Harare this month is multi-drug resistant.

CBZ Holdings Limited has successfully raised the $75 million required by government to fund the purchase of maize from farmers for the 2018 buying season.In a notice issued yesterday, the bank which is the financial advisor to the Agricultural Marketing Authority (Ama), said the grain bills were fully subscribed for.