What is the Accident Prevention and Workers Compensation Scheme? The Accident Prevention and Workers’ Compensation Scheme (APWCS), formerly referred to as Workers’ Compensation Insurance Fund (WCIF) is a Social Security Scheme, whose main objective is to prevent...
2024 MID-TERM MONETARY POLICY REVIEW STATEMENT AT A GLANCE. The Governor, on the 30th of August presented the Midterm Monetary Policy. In the budget, major take away are as noted below. The Liquidity Management Committee was reconstituted, with the mandate to assess...
Standards Development Levy known by the acronym SDL by many accountants, is governed by The Standards Development Act [Chapter 14:19) of 1987 under the Ministry of Industry and Commerce established through an Act of Parliament Its collection is suctioned by SI 140 of...
What are the New Fiscal Measures and impacts to businesses? The Ministry of finance, on Monday, announced additional measures to save the free falling local currency. Year to date the ZW has lost 65% on the auction market and 26% of that was lost all in 1 session last...
Reviewing of to 100% Retention of Foreign Currency Domestic Sale Proceeds Reference is made to Exchange Control Directive RY002 dated 03 February 2023, Exchange Control Clarification Notes 1 & 2 of 17 February 2023 and 23 April 2023 respectively, and the Press...
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