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THE 2021 budget presented by the finance minister Mthuli Ncube to Parliament shows that the minister was living in a ‘fantasy world,’ according to academic, Professor Austin Chakaodza. “Some of the major challenges facing our society are issues of poverty and unemployment. Ninety percent of the people of Zimbabwe were already unemployed before the eruption of COVID-19. The majority of the people continue to lack certain basic capabilities which are encapsulated in the socio - economic rights guaranteed in the constitution,” he said. “They continue to be deprived of basic capabilities - such as the capability to be free from hunger, to live in good health, to be literate and access to a social security safety net. This budget does not fulfil a number of human rights such as the right to food, health, education and training,” Chakaodza said. A big part of Mthuli 2021 budget is a range of new tax measures to fund the ambitious $421,6 billion budget. The highlight of this plan is how the taxman plans to go after the informal sector, which is the bulk of the economy but pays little tax. From new and higher taxes to a new tax unit targeting SMEs, it is a budget that gives away very little, but takes a lot. Here is how some of Mthuli’s measures will affect you. If you are a low-income earner There is not much tax relief for you. The tax-free threshold has only been raised slightly from $5 000 per month to $10 000 per month. Tax bands will begin at $10 001 and end at $250 000 per month. This does little for the poorest workers. For perspective; in October, a Zimbabwean family of five needed $18 750 just to stay above the poverty line. If you earn more than $250 000, you pay the highest marginal tax rate of 40%. If you are expecting a bonus, the bonus tax-free threshold has gone up from $5 000 to $25 000, with effect from 1 November 2020. If you were tired of the 2% tax, sorry The 2% tax on mobile money and other electronic transfers stays. The tax has been unpopular since it came in 2018, but Mthuli says it has “generated substantial resources that have enabled Government to support various infrastructure projects”, including the COVID-19 response. So, the Minister isn’t giving much of this cash-cow away. You will no longer pay the 2% for transactions of up to $500, which is just a small increase from the current $300. For forex transactions, this tax will apply above US$5. The maximum of this tax that your business can pay has been raised from $25 000 to $800 000 on transactions with values exceeding $40 million, with effect from 1 January 2021. If you were planning to import a car Government will now control the importation of cars that are 10 years or older. Owning a car has just slid further from the reach of the majority, who cannot afford new vehicles. According to Mthuli, Zimbabwe has spent around US$1,3 billion importing buses and used cars over the past five years. Cars older than 10 years are now off the Open General Import Licence. This means that, from 2021, you will need a special import licence for older cars.
\t On Friday, internet and international calls were cut off across the West African nation in anticipation of the election results, according to locals and international observers in the capital, Conakry.
\t This was the third time that Conde matched-up against Diallo. Before the election, observers raised concerns that an electoral dispute could reignite ethnic tensions between Guinea's largest ethnic groups.
By Michael Sznajderman Alabama Newscenter For nearly a decade, the Ballard House in Birmingham’s civil rights district has been a center for community-engaged discussions and learning about the rich tapestry and history of the city’s Black community. Now, the nonprofit that preserved the historic house has embarked on a capital campaign that will fund a […]
CHIVHU district development coordinator (DDC) Michael Mariga yesterday stripped two MDC Alliance councillors of their posts and barred them from attending council meetings after they defied orders to resign from the civil service following their victory in the 2018 harmonised elections. BY MIRIAM MANGWAYA Edwin Maseva (ward 11) and Emmanuel Punungwe (ward 10), who are both primary school teachers, were stripped of their titles just before the beginning of the Chikomba Rural District full council meeting. Addressing other councillors during the meeting, Mariga said Maseva and Punungwe had failed to comply with a directive from the Public Service Commission (PSC), which ordered them to resign from the civil service 30 days following 2018 their electoral victory or stop serving as councillors. According to a letter dated April 15, 2020, written by the PSC secretary Jonathan Wutawunashe, which Mariga read out to councillors, civil servants serving as councillors would be violating the Constitution and the Public Service Regulations Statutory Instrument 1 of 2000 as stated in Circular 10 of November 2018. “Given the fact that it is a misconduct to engage in any other employment or service for remuneration without the written consent of the commission, it is advisable that you act immediately to correct the situation,” the letter read. “For avoidance of doubt, the commission hereby directs that as a civil servant, you should cease to serve as a councillor with immediate effect. Failure to comply with this directive will result in disciplinary action taken against you.” Maseva said Mariga had misdirected himself by relying on an old prohibition order which had been overtaken by events. “We are still in talks with the PSC on this issue and we have also engaged lawyers. As it is right now, the DDC’s dismissal is null,” Maseva said. Punungwe described the decision by PSC to dismiss them from council as part of political persecution of opposition officials. “This is a selective application of the law aimed at pushing certain agendas. I wonder why PSC decided to fire us from council instead of the civil service,” he said. Following the PSC directive, three Zanu PF councillors in Buhera Rural District Council who were also teachers, resigned recently from the civil service to continue serving in council. Follow Florence on Twitter @FloMangwaya
While seven suspects have been arrested, a compliance officer and a school principal lost their lives during shootings in KZN on Friday.
[Nairobi News] A matatu tout who threw out a passenger from a PSV minibus before speeding off with his mobile phone leaving him unconscious has been charged with robbery with violence.
Western Bureau: Errol Lebert, chief executive officer at the St Elizabeth Municipal Corporation (StEMC), is not pleased with the decision by Scotia Group Jamaica to close the Black River branch of the bank, saying it could lead to social unrest in...
There are more than seven million reasons to vote for former Vice President Joe Biden to be the 47th President of the United States. Number one, is he is not Donald J. Trump. A close second, however, is as American citizens, we love our country and want to see it exist as a thriving democratic … Continued
The post Chicago Defender endorses Joe Biden for President 2020 appeared first on Chicago Defender.
Most of us have likely not experienced intolerable levels of hardship, such as trying to live in man-made swamps, resulting from lands being deliberately flooded with foul smelling water that could possibly cause disease.
The article To love my fellow citizens appeared first on Stabroek News.
(Trinidad Guardian) “I didn’t eat myself to this. I am not a glutton.”
The article Trinidad: 600-pound man seeks help for surgery appeared first on Stabroek News.
A flagrant, predatory, and fraudulent effort to defraud voters has allegedly occurred in a South Los Angeles senior citizen housing complex in Jefferson Park.
The post Investigation Launched After Senior Citizens in South LA Victimized By Voter Fraud appeared first on Los Angeles Sentinel.
Friday (Oct.23), Sony confirmed its new strategic creative partnership with the Houston rapper and his popular Cactus Jack brand.
KwaZulu-Natal police have arrested seven suspects following shootings at two schools in the province. Another suspect was shot dead when police attempted to apprehend him.
… have always existed for the African-American community,” Dr. Anthony FauciAnthony … , and Black Americans still don’t receive equal care. Black American women continue … disheartening but not surprising that Black Americans distrust government-led efforts …
Local companies with plans to expand their physical plants say that they have become increasingly impatient with the time it is taking to establish the Special Economic Zone (SEZ) at Caymanas in St Catherine. Sanmerna Paper Product, which is...
… , not because I’m African-American, but because it was … clear the Democrats have taken African-Americans for granted. They just … , not because I’m African-American, but because it was … clear the Democrats have taken African-Americans for granted. They just …
FORMER Vice-President Phelekezela Mphoko and his son Siqokoqela have taken the Botswana-headquartered Choppies Enterprises, its distribution centre and Nanavac Investments to court demanding an outstanding US$44 million for their 51% shares in the company. BY SILAS NKALA The family held shares in the supermarket chain before it was pushed out in January last year. Through their lawyer Zibusiso Ncube, Mphoko and his son filed summons at the Bulawayo High Court seeking an order declaring their entitlement to payment of the true value of the 51% shares they held before being booted out. The Mphokos also claimed interest at the rate of 5% per annum from January 9, 2019, when they were unlawfully divested of their shareholding, to date of full payment. In their declaration of the claim, the Mphokos submitted that at all material time, they were the majority shareholders of Nanavac Investments, holding an aggregate of 51% shares. “First applicant (Siqokoqela) held 25,5% shares and second applicant (Phelekezela) held 25,5% shares in first defendant (Nanavac Investments), while the second defendant (Choppies Enterprises) held the remaining 49% of the first defendant (Nanavac Investments)’ shares,” reads the declaration. “In about 2018, a dispute arose between first applicant and second defendant resulting in the second and third defendants instituting legal proceedings against first plaintiff and his wife and the first defendant at the High Court. The second defendant instituted malicious and false criminal complaints to the police, resulting in the institution of magistrates’ court proceedings against the first plaintiff and his wife.” They said the proceedings resulted in their arrest and detention and on January 9 in order to secure freedom, the Mphokos signed a deed of settlement with Choppies Enterprises in terms of which they disposed of their shareholding in Nanavac Investments to Choppies Enterprises. “The deed of settlement between the parties provided that the two plaintiffs were to be paid US$2,9 million by second defendant for the acquisition of plaintiffs’ full rights and title to the first defendant’s shareholding,” they said. “The payment of first applicant’s salary which was due from first defendant had been unlawfully stopped and threats of foreclosure on a mortgage bond in which first applicant had acquired funds from a local bank which the plaintiff could only service if he was not in detention and was receiving his salary from first defendant, the second plaintiff made him sign the deed of settlement in fear of the continued persecution of his son and his daughter in law by second defendant.” The Mphokos said the unlawful deed of settlement understated value of the shareholding they owned in that US$2,9 million offered for the shares constituted about 7% as opposed to 51% of the value of the shares in Nanavac Investments, which was given as US$44 million at the Botswana Stock Exchange. “The second defendant paid the sum of US$2,9 million in local currency, where shareholding was purportedly being acquired
A woman was seriously injured when a tree fell on her and other squatters this afternoon at the first flooded field at Success, East Coast Demerara.
The article Woman seriously injured after tree falls on Success squatters appeared first on Stabroek News.
Outrage and anger in Nigeria continue to grow as the #EndSARS protests expand and contend with outright violence from the Nigerian army and police force, according to The Associated Press, New York Times and social media reports. As Blavity previously reported , peaceful protesters have been incensed since army officials opened fire on them on Tuesday at Lekki Toll Gate in Lagos, killing at least seven people under the shroud of darkness, according to local news outlet Punch. Dozens of other protesters were killed across the country that same day, the newspaper reported. The violence, covered extensively on social media, has largely been ignored by Nigerian elected officials and even president Muhammadu Buhari, who made no mention of it during his address to the nation on Thursday night. Thursday was Buhari's first appearance since the Lekki Gate shooting, but he only tacitly mentioned the actions of his armed forces, only threatening protesters to not continue their...
What’s Cooking is a series in which I answer questions and share advice about food and cooking that you have but may be too shy to ask.
The article What’s Cooking: Prepping ingredients appeared first on Stabroek News.
By Stacy M. Brown, NNPA Newswire Senior National Correspondent @StacyBrownMedia To Sean Broadus and his brother Evan, Ice Cube was more than an icon. He presented as someone to admire – a hope for making it out of the hood. The Broadus brothers live near the Gilbert Lindsay Community Center in South Central, Los Angeles, […]
Melbourne-based Archa, an organization offering a company bank card thats constructed round your online business, holding you in management, has revealed that it was granted principal issuing membership of Mastercard.…
NNPA NEWSWIRE — Our courts are deteriorating quickly to an anti-worker mindset. Over the past four years, two very conservative Supreme Court justices have been appointed, Brett Kavanaugh and Neil Gorsuch, moving the Court further to the right and further away from protecting our rights. And a third anti-labor judge will likely be railroaded through in advance of the election. In addition, more than 50 judges for the United States Courts of Appeals, more than 135 judges for the United States District Courts, and two judges for the United States Court of International Trade have been appointed during the current term. In consequence of these numerous court appointments, our courts are turning in a detrimental way against fair labor practices and human rights. Through your vote in November, you can help fend off further anti-labor control of decisions and policy.
Tia Mowry is proud of the father her husband Cory Hardrict continues to be to their two young children. \"The Game\" actress shared a picture of her actor
An unreleased Biggie freestyle has surfaced 23 years after the rapper's death — and in a Pepsi commercial, no less. Tune in here.
… pardoned Alice Williams, an African-American grandmother and first-time offender … bill, which disproportionately imprisoned black Americans for nonviolent offenses.
With … bill, which disproportionately imprisoned black Americans for nonviolent offenses.
With …
For the most part, treatment is supportive with hydration, rest, controlling fevers in isolation.
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