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1-10 results from 1000 for query «tax»

September 10, 2018 10:45 PM New Finance Minister eyes urgent reforms

Newly appointed Finance Minister Mthuli Ncube, has pledged extensive economic reform measures expected to begin with scrapping of Zimbabwe’s surrogate currency, bond notes and reining in Government spending to restore macro-economic stability and sustainable growth. Ncube, a professor of economics and finance, said he already had plans and a vision of what reform 24

September 4, 2018 3:45 PM Nigeria hits MTN with $2bn tax bill

Africa’s largest mobile phone operator, MTN, says it has been hit with a $2bn (£1.5bn) tax bill by Nigeria just days after the country’s central bank slapped the company with an $8bn fine. As a result of MTN’s woes in its most lucrative market, the company’s shares have dropped by about 20% in under a week. MTN says the office of Nigeria’s attorney general 30

August 31, 2018 6:25 AM Publication stands by Bonang tax fraud story

The Sunday World newspaper says it stands by claims made in its story titled: “Hawks pounce on Bonang as SARS zooms in on taxes.” According to the article published on Sunday, the popular TV personality was summonsed to appear in the Johannesburg Specialised Commercial Crime Court last week for tax fraud. Following reports both the National Prosecuting 35

July 4, 2018 2:59 PM Zimra opens branch in Marondera

The Zimbabwe Revenue Authority (Zimra) has opened a branch in Marondera. In a notice issued yesterday, the tax authority said the branch is only meant for functions to do with domestic taxes. “Zimra would like to advise its valued clients and stakeholders that we opened an office in Marondera on July 1, 2018 at Standard Charted Bank Building Stand number 44

May 25, 2018 10:57 AM OK profits up 174,6pc

Listed retailer OK Zimbabwe’s profits went up by 174,6 percent to $16,6 million in the full year to March 31, 2018 from $6,1 million in prior year due to improved sales. The group’s chairperson David Lake yesterday said the strong growth reported at half -year continued through to the end of the financial year. “The group delivered a significantly improved 61

May 11, 2018 7:16 AM Fidelity earns $23,4m from stand sales

Diversified insurance group, Fidelity Life Assurance of Zimbabwe realised $23,4 million from sale of stands at its Southview Park project in the financial year 2017. According to the group’s financial results for the year to December 31, 2017, this was a 4 percent decline from prior year’s $24,2 million. “Sales of stands for the Southview Park project 43

March 28, 2018 2:53 AM US tax fraudster arrested in Chiredzi

ONE of the fugitives wanted by Zimbabwe police for allegedly swindling the American government of over $7m in tax fraud has been arrested in Chiredzi. Andrew Tashanduka Bere was nabbed barely 24 hours after the ZRP launched a manhunt for three suspects wanted in the United States of America for the fraud which was committed in 2007. He has since appeared 29

March 21, 2018 8:02 PM Govt grants amnesty to tax defaulters

Those wishing to be granted the tax amnesty should apply to ZIMRA and declare outstanding taxes and duties as at Dec. 1, 2017. The amnesty covers all outstanding taxes or duties such as income tax, pay as you earn, value added tax, presumptive tax, capital gains tax, customs and excise duty and stamp duty, among others. "A payment plan should be proposed 89

March 20, 2018 3:04 PM CBZ declares $3,5m dividend

CBZ Holdings (CBZ) has declared a $3,5 million dividend for the full year to December 2017, a 10 percent increase on prior comparable period spurred by good performance from all units. CBZ chairperson Noah Matimba said the group — which posted a 17 percent after tax profit to $27,8 million — had also seen a significant increase in non-interest income 12

March 17, 2018 8:10 PM Journalists report ED to Sadc over reforms

THE Media Institute of Southern Africa Zimbabwe (MISA Zimbabwe) has reported President Emmerson Mnangagwa’s government to the Southern African Development Community (SADC) asking the regional body to push Harare to reform the state media before this year’s elections. In a petition handed to SADC’s executive secretary, Dr Stergomena Lawrence Tax, at his Botswana 89