Addressing the business community at the Independent Dialogue The Minister of Finance Hon. T. Biti met with business people at a Breakfast seminar dubbed ”Breakfast meeting with Tendai” on Wednesday 8 September 2010.

Outline of the Roll-out Towards the 2011 National Budget In line with the new Public Finance Management Act, Chapter 22:19; I am required by law to lay before Parliament, the Annual Budget for 2011 by November 2010.

The launching ceremony was attended by captains of industry which include the Confederation of Zimbabwe Industries (CZI), Zimbabwe National Chamber of Commerce (ZNCC), Retail Association of Zimbabwe (RAZ) and a number of independent organisations.

Their use is thus in line with international best practice. Minister Biti urged private businesses to embrace fiscalisation and the public to support the Government’s efforts by enswuring that they receive fiscalised receipts whenever they make purchases.

The Unaudited Consolidated Monthly Financial Performance Statements of the Government Of Zimbabwe are published in compliance with provisions of Section 34 of the Public Finance Management Act Number 11/2009".

With effect from 31 March 2010, the Veterinary Department, under the Ministry of Agriculture, Mechanisation and Irrigation Development, suspended importation of all animal products regardless of the country of origin and quality.

The year-on-year inflation rate (annual percentage change) for the month of June 2010 as measured by the all items Consumer Price Index was 5.3 percent, shedding 0.8 percentage points on the May 2010 rate of 6.1 percent.

Finance Minister Hon. Biti about to present the 2010 Fiscal Policy Review Statement The Minister of Finance, Hon. T. Biti presented his 2010 Mid-Term Fiscal Policy Statement today, 14 July 2010.

Investing in Zimbabwe Approval of Projects REGISTRATION All new foreign investment into Zimbabwe has to be registered /approved by the Zimbabwe Investment Committee through an application that is done by applying for an Investment Certificate .

Business Reporter ZIMBABWE exported a total of 426 359 tonnes of various minerals valued at about US$403 million in the first five months to May, up from US$191,9 million realised during the same period last year, official figures show.

Africa is now facing the same type of long-term food deficit problem that India faced in the early 1960s”, says a paper by the International Food Policy Research Institute (Ifpri), a US-based think-tank.

Sunday Mail Reporter. THE Government has moved in to stop the auctioning of assets belonging to the Reserve Bank of Zimbabwe (RBZ) in a bid to prevent “vultures” from weakening the bank’s capacity to discharge its mandate.

According to ZIMSTAT, the year on year inflation rate (annual percentage change) stood at 6.1 percent whilst the month on month inflation rate (monthly percentage change) for May 2010 was 0.3 percent.

Despite the Government being guided by cash budgeting, where every cent spent is matched with every cent collected, economists say the Government would still find it very difficult to avoid a budget deficit.

The first quarter Treasury Bulletin for the period January to March 2010 provides an update on the 2010 National Budget performance and other related economic developments. For more informaton, please visit our downloads section under Budget Statements .

The implementation of the Aid Management Platform (AMP) for the Government of Zimbabwe aims to strengthen the government’s capacity to manage ODA. It seeks to further increase donor confidence in government systems, and support government-led coordination.

Outline of Draft Zimbabwe Income Tax Act (ZITA) The draft ZITA has been re-arranged into 20 parts that address specific aspects for the taxation of incomes and other taxes and matters incidental thereto.

Dumisani Ndlela, Staff Reporter THE corporate executives in Zimbabwe’s listed companies have one real battle in the face of limited revenue inflows in an economy characterised by a liquidity crunch: cost containment to help grow shareholder value.