Econet wins $100m tax evasion case

Source: Econet wins $100m tax evasion case – NewsDay Zimbabwe March 1, 2019 By Rex Mphisa THE Supreme Court yesterday dismissed claims by the Zimbabwe Revenue Authority (Zimra) that it was owed $100 million by Econet Wireless through tax evasions. The curtain closed on a near 10-year battle between Zimra and Econet, wherein the tax […]

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Source: Econet wins $100m tax evasion case – NewsDay Zimbabwe March 1, 2019

By Rex Mphisa

THE Supreme Court yesterday dismissed claims by the Zimbabwe Revenue Authority (Zimra) that it was owed $100 million by Econet Wireless through tax evasions.

The curtain closed on a near 10-year battle between Zimra and Econet, wherein the tax authority claimed that the latter owed millions of dollars in unpaid taxes.

A panel of judges, led by Chief Justice Luke Malaba, ruled in favour of Econet Wireless whose lawyer Tawanda Nyambirai yesterday said it was a victory for victims of cyber-bullying.

“Zimra had garnished Econet’s bank accounts to the tune of $61 million in December 2013. There was a media frenzy with allegations that Econet had evaded duty and amounts of up to $300 million were mentioned,” Nyambirai said.

“Rather than fight the allegations in the media, Econet applied to the High Court, which struck down $47 million of the amount claimed by Zimra.”

He said, not satisfied with this outcome, Econet further appealed to the Supreme Court.

“The Supreme Court bench, led by the Chief Justice (Malaba), (ruled) in favour of Econet. I do not see this as a victory for Econet alone. It is a victory for all victims of cyber-bullying. Econet was tried and condemned in the social media! Any humble protestations of innocence were drowned in baseless abuse and condemnation where the basic principles of innocent until proved guilty were thrown out of the window.”

“Some of these attitudes are caused by the economic hardships that we continue to face as a nation. I can only wish for the speedy recovery of our economy and the restoration of values of integrity and respect for the rights of others,” Nyambirai said from South Africa yesterday.

The dismissed case started after a shipping agent who, following allegations of fraud, lost business from Econet. He then decided to turn a whistle-blower in what he alleged was fraudulent importation of several other items that include base station equipment.

The whistleblower also made reports to Zimra alleging that Econet under-invoiced its imports resulting in the tax authority slamming the communication company with a bill of almost $100 million.

Econet approached the courts and the matter all the way to the apex Court.

Yesterday’s ruling established that Econet, the single largest taxpayer in the country, did not owe Zimra any money.

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Harare seeks own radio station

Source: Harare seeks own radio station | Newsday (News) Information ministry secretary Ndavaningi Mangwana BY XOLISANI NCUBE The Harare City Council has tasked its town clerk, Hosiah Chisango, to establish a community radio station and music band to entertain people during public events. Minutes from the information committee tabled at the recent full council meeting […]

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Source: Harare seeks own radio station | Newsday (News)

Information ministry secretary Ndavaningi Mangwana

BY XOLISANI NCUBE

The Harare City Council has tasked its town clerk, Hosiah Chisango, to establish a community radio station and music band to entertain people during public events.

Minutes from the information committee tabled at the recent full council meeting said the city wants to have its own radio station.

“The committee suggested the establishment of a City of Harare community radio station to enable the city to communicate its messages more effectively. It was resolved that the town clerk through the corporate communication manager, reports on the requirements for the proposed establishment of a City of Harare community radio station,” read part of the minutes.

Government has indicated that it would be licencing community radio stations as part of the opening up of airwaves.

At the World Radio Day commemoration, Information ministry secretary Ndavaningi Mangwana said government would soon licence a number of community radio stations.

Cabinet has already approved the repeal of the Access to Information and Protection of Privacy Act (AIPPA) and proposed new laws which would see more players joining the media sector.

Mangwana said government was set to gazette the law which provides for licencing of community radio stations.faith-based and campus-based stations

Harare City Council has also resolved to establish a musical band within its municipal police section replicating the national army, prisons and the national police bands.

“This would result in council saving on the hiring of external bands whenever there (are) events that require(d) entertainment by such bands,” minutes from the committee read.

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TV Sales acquires stake in Restapedic

Source: TV Sales acquires stake in Restapedic | Daily News TV Sales & Home has acquired a 49 percent interest in Restapedic (Private) Limited — a manufacturer of beds for the medium to high end markets. Post the acquisition of Restapedic by TV Sales and Home, a new company called Maton Trading was established. In […]

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Source: TV Sales acquires stake in Restapedic | Daily News

TV Sales & Home has acquired a 49 percent interest in Restapedic (Private) Limited — a manufacturer of beds for the medium to high end markets.

Post the acquisition of Restapedic by TV Sales and Home, a new company called Maton Trading was established.
In a notice published yesterday, the Competition and Tariff Commission said it has since approved the transaction –classified as a vertical merger – with conditions.
“The transaction was approved subject to the following conditions that Maton continues to supply its competitors in the downstream market at the same terms and condition as offered to TV Sales and Home (Pvt) Limited,” it said.
In addition: “TV Sales and Home Private (Pvt) Limited continues to continue to purchase from its competitors in the upstream market.”

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MDC leadership battles escalate

Source: MDC leadership battles escalate | Theindependent (Zimbabwe) By Nyasha Chingono INTENSE jostling for senior positions, plotting and horse-trading have intensified in the MDC-Alliance following the announcement of dates for the opposition party’s elective congress where a showdown is expected between president Nelson Chamisa and secretary-general Douglas Mwonzora. The congress — which has also attracted […]

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Source: MDC leadership battles escalate | Theindependent (Zimbabwe)

mwonzora1.jpg

By Nyasha Chingono

INTENSE jostling for senior positions, plotting and horse-trading have intensified in the MDC-Alliance following the announcement of dates for the opposition party’s elective congress where a showdown is expected between president Nelson Chamisa and secretary-general Douglas Mwonzora.

The congress — which has also attracted attention from the ruling Zanu PF and other outsiders — will also formalise the return of opposition political heavyweights Welshman Ncube and Tendai Biti, who broke away from the party after disagreements with then MDC leader Morgan Tsvangirai. Ncube and Biti are expected to land top posts at congress.

The congress, the first since Tsvangirai’s death in February last year, will be held from May 24 to 26. This will be the second time that Chamisa and Mwonzora will be squaring up after the 2014 showdown when the latter beat the former to land the secretary-general’s position.

Mwonzora’s victory was stunning given that he had secured a single nomination—from his Manicaland home province — while Chamisa had 11 nominations. However, some party insiders say Tsvangirai had used his influence to manipulate voting patterns in favour of Mwonzora, hence the victory.

Mwonzora has told the Independent he was considering running for the presidency — should he get the necessary backing.

“I am aware of my rights; the right to vote and the right to be voted for. I have a right to contest for any position in the party. In other words, I will only contest for a position if I have the backing of the majority within the party. I have not yet made up my mind regarding which position I will contest for at congress,” Mwonzora said.

Ahead of congress, Chamisa is, however, seen as the overwhelming favourite, having consolidated his grip on the party since controversially grabbing power ahead of heir apparent Thokozani Khupe following Tsvangirai’s death in February last year.

Mwonzora is said to be mobilising support behind the scenes and is banking on a nomination from his home province.

“As things stand, it appears the battle will be between Chamisa and Mwonzora. Mwonzora is certainly making moves, but this is politics and perhaps he may step down if he is assured of a safe post,” a senior MDC official said.

Officials revealed Chamisa’s campaign had begun in earnest, adding it has been boosted by the “Thank You” rallies he is holding countrywide.

Party organising secretary Amos Chibaya has also been doing some groundwork for Chamisa. Officials say Chibaya has since last year been meeting party structures to campaign for the incumbent. They said a lot of processes must be fulfilled before congress.

“The work is crucial because it will decide the congress. Before nominations for national positions are done, a restructuring programme has to take place. This will be done at branch, ward, district and provincial levels of the party,” an official said.

“The provinces will nominate national leaders, so there are very important in the equation. Whoever controls the provinces has a good chance of sailing though. But the process has not started in earnest because the secretary general (Mwonzora) has not written to the party structures officially informing them.”

Officials said the MDC constitution will be used at congress, meaning three vacancies for the vice-presidency will be up for grabs. The positions are currently held by Ncube, Morgen Komichi and former Harare mayor Elias Mudzuri.

“There could be an interesting battle for the vice-presidency because Ncube is lining up to take one of the positions, but (national chairperson) Thabitha Khumalo’s name has also featured prominently. Komichi also wants to return the position, while Biti’s name has been thrown in there although he could also opt for the national chairperson’s position,” a senior party official said.

“At the moment, there are a lot of discussions and horse-trading. There could also be competition from secretary for elections Murisi Zwizwayi and Midlands senator Lillian Timveous, both of whom are reported to be vying for the vice-presidency.”

Despite being linked with the vice-presidency, Biti and Khumalo’s names are also featuring prominently along those likely to land the national chairman’s position.

“At the moment there is confusion because people are still weighing their options. But all the ambitions and plans are subject to the nomination process from the provinces,” an official said.

Kuwadzana East member of parliament Chalton Hwende is eyeing the secretary-general’s position alongside long-serving party members Sessel Zvidzayi and Tapiwa Mashakada.

Youth assembly chairperson Happymore Chidziva; former labour minister Paurina Mupariwa and Manicaland provincial chairperson David Chimhini are eyeing vice-chairperson’s position.

A battle to replace Chidziva has begun in earnest in the youth assembly, where the wing’s secretary-general, Lovemore Chinoputsa, is likely to battle it out with MDC youth executive member Obey Sithole, Mabvuku-Tafara National Assembly representative James Chidhakwa and South Africa provincial youth chair Dennis Juru.

Chamisa is reportedly keen on particularly influencing the outcome of the youth assembly battle, according to MDC insiders.

“You realise where there is a contest, there is bound to be problems. There is trouble in the cockpit because Chamisa is going to choose who wins,” said a youth league member.

Chibaya is a favourite to land the organising secretary position. The organising secretary’s position is critical in that it plays a key role in the establishing of structures and deciding congress delegates. A three-way battle for the party spokesperson’s position featuring the incumbent Jacob Mafume, MDC director of communications Luke Tamborinyoka and St Mary’s legislator Job Sikala is also likely.

The women’s assembly post will see Sibusisiwe Masara, the wing’s current secretary-general, squaring up with her boss, Lynette Karenyi. Mafume said processes leading to congress are in full swing.

“The council has made an announcement. There will be advertisements made in the papers and then the organising committee sit down to set timelines. Thereafter, nominations will be done. The congress is a congress of many posts from the bottom to the top. It’s early days yet,” said Mafume this week.

Chamisa was unavailable for comment.

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FRIDGES FOR LOOTED SHOPS

MORE than 120 Bulawayo shop owners whose properties were destroyed during the opposition instigated violent protests in January, yesterday received refrigerators from Varun Beverages.

As part of the company’s empowerment drive, 300 women entrepreneurs…

MORE than 120 Bulawayo shop owners whose properties were destroyed during the opposition instigated violent protests in January, yesterday received refrigerators from Varun Beverages. As part of the company’s empowerment drive, 300 women entrepreneurs were also given cooler boxes to kick-start their businesses. The First Lady Amai Auxilia Mnangagwa handed over the equipment which also included