Govt seeks to keep US, Bond Note value at par

By Daniel Chigundu Ministry of Finance says it will present the 2019 National Budget in US dollars because it is the currency unit of account and that it is looking at measures of keeping the Bond Notes at par with the dollar. The Bond Note was introduced a few years ago as an export incentive …

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2% tax is paying for subsidies: Guvamatanga

By Daniel Chigundu Permanent secretary in the Ministry of Finance and Economic Development George Guvamatanga says the 2 percent tax is necessary as it will fund subsidies that Zimbabweans enjoy. The government introduced a 2 percent tax earlier this month which is levied on all electronic transactions across all platforms. Under the tax, the government …

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2% tax is paying for subsidies: Guvamatanga

By Daniel Chigundu Permanent secretary in the Ministry of Finance and Economic Development George Guvamatanga says the 2 percent tax is necessary as it will fund subsidies that Zimbabweans enjoy. The government introduced a 2 percent tax earlier this month which is levied on all electronic transactions across all platforms. Under the tax, the government …

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