WEEKLY NEWS ROUND-UP

2023-12-03 - Minerals in their raw form, thus losing huge revenues to foreign countries.

Monday

As the country moves towards the attainment of Vision 2030 of an empowered upper middle-income society, understanding of the country’s history will be critical, President Mnangagwa has said.

Speaking at the burial of national hero and founding Vice Chancellor of Midlands State University Professor Ngwabi Bhebe last Saturday, President Mnangagwa said history remained a key pillar for the country.

Tuesday

Ahead of the December 2 and 9 by-elections, the Zimbabwe Electoral Commission says it is ready to supervise a smooth electoral process.

Already, a total of 266 150 ballot papers have been printed for the National Assembly by-elections, with 99 150 ballot papers having been printed for the local authority polls.

Wednesday

Cabinet yesterday approved principles of the Criminal Law (Codification and Reform) Amendment Bill that will criminalise sexual activity with a child below the age of 18 as the Government seeks to harmonise laws relating to the age of sexual consent.

While the Constitution defines children as those below the age of 18, the Criminal Law (Codification and Reform)

Act defines a young person as one who is below 16 years, thereby creating a gap in the law that would possibly expose children above 16 to sexual exploitation.

Thursday

Adherence to ethical mining practices, coupled with value addition and beneficiation of minerals, will enable Zimbabwe to derive maximum benefits from its natural resources for shared prosperity among its people, President Mnangagwa said yesterday.

Commissioning Bikita Minerals’ Spodumene and Palatine plants, which will add value to lithium ore, President Mnangagwa said gone are the days when the country used to export its

Friday

The cocktail of tax measures introduced by Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube yesterday in the 2024 Budget strike a balance between providing relief to workers by raising the thresholds of tax-free income and bonuses, and bolstering Government revenues to finance economic development.

The tax measures are part of a comprehensive strategy aimed at easing the financial burden on taxpayers and using fiscal policy to tame speculation.