ZIMRA TARGETS SMEs

SMALL to medium enterprises (SMEs) will soon be remitting tax to the taxman, the Zimbabwe Revenue Authority (ZIMRA) has said.

In a bid to increase domestic revenue, the revenue collector sad they will soon incorporate the informal sector, which con…

SMALL to medium enterprises (SMEs) will soon be remitting tax to the taxman, the Zimbabwe Revenue Authority (ZIMRA) has said. In a bid to increase domestic revenue, the revenue collector sad they will soon incorporate the informal sector, which contributes about 60 percent of the country’s economy, into the tax system. “We are in the processing of reviewing the tax system so that it

EU supports deployment of helicopter to bring aid to communities affected by Cyclone Idai 

HARARE – The United Nations World Food Programme (WFP) welcomed a €250,000 contribution (US$284,414) from the European Union to help provide urgently-needed logistical support to the humanitarian response in the wake of the cyclone that has devastated eastern Zimbabwe, Malawi and Mozambique. Source: EU supports deployment of helicopter to bring aid to communities affected by Cyclone Idai – […]

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HARARE – The United Nations World Food Programme (WFP) welcomed a €250,000 contribution (US$284,414) from the European Union to help provide urgently-needed logistical support to the humanitarian response in the wake of the cyclone that has devastated eastern Zimbabwe, Malawi and Mozambique.

Source: EU supports deployment of helicopter to bring aid to communities affected by Cyclone Idai – The Zimbabwean


The funds channelled through the European Commission’s Humanitarian Aid and Civil Protection Department (ECHO, support the deployment of a UN Humanitarian Air Service (UNHAS) helicopter from Monday 25th March that will work to deliver much-needed assistance (medicine, shelter equipment, food and nutrition assistance) and transport of personnel to the areas of Chimanimani and Chipinge, the two most-affected districts.

“WFP is grateful to the European Union for its generous support to our recovery operations to address urgent logistical needs,” said Eddie Rowe, WFP Representative and Country Director.

“Thanks to this timely contribution, WFP, along with the support of the Government of Zimbabwe and first responders, will be in a position to step up humanitarian relief to those areas worst-affected by Cyclone Idai.”

WFP plans to mount an emergency operation to provide food assistance to approximately 270,000 people in seven affected districts, including Chimanimani and Chipinge, for a period of three months, in coordination with partners’ efforts and existing Government interventions to mitigate the food deficit.
Following its landfall in Mozambique on 14 March, Cyclone Idai continued across land as a Tropical Storm and devastated eastern Zimbabwe with heavy rains and strong winds. The storm caused massive destruction. Roads and bridges, particularly in the district of Chimanimani, were washed away and communities left stranded. In Zimbabwe, some 250,000 people have been affected, and at least 154 deaths have been reported by the Government.

EU Ambassador Timo Olkkonen, who will visit the affected areas on Wednesday this week, said: “We believe that this helicopter will make a crucial difference to the difficult relief operations currently underway. The humanitarian teams are now able to reach the victims in the most remote areas, supply them with relief items, including medicines, shelter kits and hygiene packs, and to assist medical evacuation where needed. Flying into the affected areas will also help us gathering a better picture of the extent of damage and devastation and to coordinate further assistance.”

In 2018, ECHO contributed €200,000 (US$232,355) to WFP in support of a project to be implemented with the Zimbabwe Red Cross on building community resilience through disaster response management.

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MP In Aid Distribution Storm, Accused of Favouring Zanu-PF Supporters

Zanu-PF lawmaker for Chimanimani East, Nokuthula Matsikenyere, has been sucked into the eye of a storm over the partisan distribution of aid to victims of Cyclone Idai. Chimanimani and Chipinge in the south east of […]

Zanu-PF lawmaker for Chimanimani East, Nokuthula Matsikenyere, has been sucked into the eye of a storm over the partisan distribution of aid to victims of Cyclone Idai. Chimanimani and Chipinge in the south east of [...]

NMB Bank founder to pay back $1.1m

Former NMB Bank founder Mr Julius Makoni started his banking business with the intention to harvest money from the financial institution for himself, the High Court ruled in a case in which the banker was […]

Former NMB Bank founder Mr Julius Makoni started his banking business with the intention to harvest money from the financial institution for himself, the High Court ruled in a case in which the banker was [...]

Chamisa warns  of civil unrest

Source: Chamisa warns  of civil unrest | Daily News OPPOSITION leader Nelson Chamisa, pictured, has warned President Emmerson Mnangagwa and government that the high levels of unemployment could lead to yet another civil unrest unless they quickly address the deepening economic crisis. This comes as the stabilisation measures unveiled by government are threatened by drought and the […]

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Source: Chamisa warns  of civil unrest | Daily News

OPPOSITION leader Nelson Chamisa, pictured, has warned President Emmerson Mnangagwa and government that the high levels of unemployment could lead to yet another civil unrest unless they quickly address the deepening economic crisis.

This comes as the stabilisation measures unveiled by government are threatened by drought and the recent tropical Cyclone Idai whose scale of destruction has added pressure to Treasury.
Zimbabwe is facing a severe drought which aid and relief agencies say will leave five million needing food support in the ravaged communities.

In an interview with the Daily News, Chamisa warned that the deepening economic crisis and runaway unemployment could spark yet another fury from long-suffering youths.
“The plight of young people is a threat to the national stability, youth unemployment is a ticking time bomb that has to be resolved in the context of national dialogue and engagement,” Chamisa said.

The youthful opposition leader also said Mnangagwa’s foreign trips appeared to be misplaced “because they were not bringing anything tangible”.
“I am getting worried with his trips it seems he is not appreciating the problems that Zimbabwe has, especially the young people,” he said.

In January this year, police and soldiers were engaged in running battles with protesters who flooded the streets of Harare, Bulawayo and other towns — to protest the steep fuel price hikes which were announced by Mnangagwa ahead of his tour of Eastern Europe.

Mnangagwa, who was feted like a king when he replaced ousted former president Robert Mugabe in November 2017, initially lifted the mood of crisis-weary Zimbabweans who were hopeful at the time that he would turn around the country’s economic fortunes.

However, the post-July 30, 2018 election shootings — which left at least six civilians dead when the military used live ammunition to quell an ugly demonstration in Harare’s central business district (CBD) — and dozens of deaths during this year’s fuel riots, as well as the subsequent vicious clampdown of dissenting voices — are seen as having dented his international image significantly, in addition to harming his chances of getting financial support from Western countries.

Information deputy minister Energy Mutodi said Mnangagwa was working hard to attract investors but the opposition was “choosing to criticise him for the sake of gaining relevance”.
“The opposition is overlooking what government is doing. We are creating wealth…the president has hosted South Africa and Botswana and travelled to other countries.

“The message that we are getting is that we are going to get development partners. We have taken measures towards reducing costs…trying to instil confidence in investors and laying the foundation for them,” Mutodi said.

“There is no need for people to demonstrate because demonstrations are retrogressive. We know the opposition want to manipulate every situation to remove the government.
“Those in the opposition should know that the law will take its course and those who are on the wrong side of the law will be punished,” he added.

Zimbabwe is currently in the grip of a ginormous economic crisis which sparked riots in January when protesters who headed calls for a stay-away by labour unions clashed with heavily armed security forces, leading to several deaths.

Property worth hundreds of thousands of dollars was destroyed and looted in the mayhem which ensued, after a three-day strike call by labour unions.

At the same time, security forces unleashed a brutal crackdown against the protesters, the opposition and civil society leaders, in a move which received wide condemnation in the country and around the world.

 

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