Finance and Economic Development Minister Patrick Chinamasa

Civil servants demand, a black and white statement, by government over annual bonuses and salaries.

Posted on September 15, 2016 by newzimbabwevision

Civil servants yesterday demanded formal communication from the Government assuring them that they will receive their traditional annual bonuses and that their salaries will not be slashed. This follows a statement by Information, Media and Broadcasting Services Minister Dr Christopher Mushohwe, assuring the Government workers that they would receive their salaries, allowances and annual bonuses as usual. Finance and Economic Development Minister Patrick Chinamasa had announced in his Mid-Term Fiscal Policy Review statement last…

‘Civil servants will receive their annual bonuses and there will be no reduction of salaries and allowances’- Government

Posted on September 14, 2016 by newzimbabwevision

Government has reassured civil servants that they will receive their traditional annual bonuses and there will be no reduction of their salaries and allowances as announced by Finance and Economic Development Minister Patrick Chinamasa last Thursday. Government’s response was triggered by Minister Chinamasa’s announcement, while presenting the Mid-Term Fiscal Policy Review statement, that civil servants’ bonuses would be suspended for two years, while their salaries and allowances would be reduced as part of measures…

‘ Govt to cut pay, trim civil service by 25000 and suspend bonuses for two years’-Patrick Chinamasa

Posted on September 10, 2016 by newzimbabwevision

AS part of bold measures to reverse an unsustainable consumptive position, Government has embarked on a civil service restructuring exercise which includes a reduction in employment numbers by 25 000, a cut on salaries and allowances and foregoing of bonuses for two years. Government will also rationalise the number of embassies and consulates, review class travel arrangements of all officials including ministers, parliamentarians, independent commissions and authorities andState enterprises’ officials and a reduction in foreign…

(Bond Notes To Start Circulating In August And Not June 2016)-RBZ Governor Dr John Mangudya

Posted on May 29, 2016 by newzimbabwevision

Bond notes will start circulating around August 2016 – and not June as previously projected – as their production takes at least four months, central bank RBZ Governor Dr John Mangudya has said. Government has also ruled out reintroducing the Zimbabwe dollar “anytime soon”, saying the multi-currency system will remain operational even when bond notes come aboard. The IMF, an official said, supported introduction of bond notes and was satisfied that Zimbabwe’s authorities would…

‘MDC-T Is The Loser After The Launch Of Mujuru’s Zimbabwe People First (ZPF) Party,’ -Patrick Chinamasa

Posted on March 3, 2016March 3, 2016 by newzimbabwevision

Patrick Chinamasa, Zanu-PF secretary for legal affairs has claimed Morgan Tsvangirai’s MDC will be the biggest loser from the launch of Joice Mujuru’s Zimbabwe People First (ZPF). Responding to questions without notice time in the National Assembly yesterday Chinamasa said Zanu-PF was not losing sleep over the formation of ZPF. His remarks came after Kuwadzana East MDC MP Nelson Chamisa had queried government’s position on the recent attacks on war veterans. -Source: dailynews

US Gvt Urged To Influence Bretton Woods Institutions To Block New Lending To Zimbabwe

Posted on February 2, 2016February 2, 2016 by newzimbabwevision

Government has castigated the United States for meddling in Zimbabwe’s internal affairs in a way that seeks to weaken the country’s sovereign status and reverse its successful land reform programme.This was after the US Senate Committee on Foreign Relations chairman Mr Bob Corker wrote a letter to that country’s secretary for Treasury Mr Jacob Lew on January 28, 2016 urging the US government to use its influence at the Bretton Woods institutions to block any…

Change To Income Tax Act -‘Zimra To Tax Churches With Effect From January 2016’

Posted on November 21, 2015 by newzimbabwevision

THE Zimbabwe Revenue Authority (Zimra) will start taxing churches’ income derived from trade or investments from January next year. Changes to the Income Tax Act that have been brought about by the Finance Act that was signed into law last Friday by President Mugabe providing for the taxation of “any ecclesiastical, charitable or educational institution.” “Section 14 (“Income tax for periods of assessment after 1.1.10”) (l) of the Finance Act (Chapter 23:04) is amended by…