Chinamasa presents $4,1 billion national budget
Economy to grow by 6,1 % in 2014
Multiple currency regime to stay
Insurance and Pension Housing Fund introduced
Retrenchment package tax free threshold increased from $5 000 to $10 000
Flat tax of 50% on incomes above $20 000 per month
Keep Reading
- Chamisa under fire over US$120K donation
- Mavhunga puts DeMbare into Chibuku quarterfinals
- Pension funds bet on Cabora Bassa oilfields
- Councils defy govt fire tender directive
Introduction of road levy of 2c/litre and 1c/litre on petrol and diesel
Exports seen reaching $5 billion in 2014, from $4,43 billion this year
Imports ballooning to $8,3 billion in 2014 from $7,6 billion this year
Government to assume $1,35 billion Reserve Bank debt, to recapitalise central bank by $200 million
Demonetisation of the Zimbabwe Dollar by March 2014
Indigenisation laws to stay
Royalties on gross diamond earnings up to 15%
Interbank market back, Afreximbank to provide guarantee
Zim gets $1,6 billion Diaspora remittances annually
Ban on gold exports
Decriminalise small-scale mining