Zimbabwe is cursed kkk

Boycott bread sales over $1. The power is with the people. Use this power.

My muzukuru Ian Smith warned you not to accept to be ruled by bush babies who promised you heaven and earth . "We will give you house in Borrowdale" "Everybody will have a car" "Their factory will be ours" magetsi ngwee nonsense. So what happened? Its like health for all in 2000 and free education blaa blaa. .

idyai mega chingwa chenyuuuu

At Independence, 1980, we were buying bread at 12 cents a standard loaf. Anyway Matakadya kare haanyaradzi vana.

At Independence, 1980, we were buying bread at 12 cents a standard loaf. Anyway Matakadya kare haanyaradzi vana.

Chingwa unge chobikwa ne mukaka chete, just across limpopo the same dollar buys 3 loaves, what's so special nechemuno Bread on its own is not for profit making but subsistence and sustainance of a healthy nation That's why Gushungo used to subsidies such product cause he noted the important roles it takes kudzinga nzara Even prayers can confirm this, give us this day as our daily bread It doesn't have kushaikwa pa table no matter what may There something amis though with business ethics of today's business community, They seem to have lost business books yangove njuga chete, and to make matters worse, we are using USD and they can't stick to business ethics, and craft their profits to cushion customers from bearing the brunt if such anomalies of tax band proffered by finance ministry, Varungu are way industrialised than we are and for them to introduce businesses accounting at learning facilities the saw kuti we can never do without There is a percentage set aside in the provision for baddebt Accounts, and a Suspense account those are meant to subsidies certain eventualities and our case El nino effect and tax effects. If companies subsidiaries under such the government is also compelled to do the same automatically it's reduces the prices and no significant increase can be recognisable, this can span out El nino effect to its demise but basics would still be affordable, until a better season koita maguta, its not only with bread manufacturers but every other businesses That's mathematically proven and works wonders, But this Ngwavhangwavha is selfishness and self destruction, Low bread sales workers want earnings, overheads and or even the raw materials would plummet to un precedent levels we can never reinvent the wheel zvaka gara zvakagadzirwa Some companies can cater for their workers fairly for a next decade to realise redundancy most probably droughts in many folds or inflation but apa its must not be argued USD is at the helms and recognisable profits do sustain Ndangoti ndipakurewo hu Grade 7 uhwu🤪

Viva zanu Viva ... Viva chicken inn viva

# vision 2030🤣🤣

zvino tobatisawo vana malaicha chingwa hr

yooo things are getting tougher, bread price has sky rocketed,it means bread is now unobtainable .

lets hope vari **** nenzara ndeve ccc chete vezanu vari kuguta kkkkkkk.viri kushamisa vaZ havasi kubva pamiti yedu yemango kkk i mamito kkkkk.

*pachapera mango ndipo pamuchaona kutii chikafu chiri kudhura, hant ndidzo dziri kumbo kujegai*🤷‍♂️

Zim ndaikonewa veduwe ummmm tarwadziwa veduwe

*40 000 Jobs At Risk, 1 000s Of Companies Face Closure: CZI* The ZW$54 trillion budget — the first to trigger palpable outrage in about 20 years — introduced tough demands to companies, the informal sector and citizens, including a wealth tax and sugar levy. Under-fire Finance minister Mthuli Ncube was this week forced to confront the damage his 2024 budget would wrought on the Zimbabwean economy, with the Confederation of Zimbabwe Industries (CZI) estimating that its measures could trigger the collapse of thousands of companies and put nearly 40 000 jobs at risk. The ZW$54 trillion budget — the first to trigger palpable outrage in about 20 years — introduced tough demands to companies, the informal sector and citizens, including a wealth tax and sugar levy. The Treasury chief disclosed this week that following weeks of backlash, he was forced to ask CZI to undertake a study on the effects of his budget on the economy. CZI, which represents the biggest companies in the country, produced a 12-page paper warning of carnage in the economy. “Manufacturers of alcoholic beverages currently only sell to traders that possess a valid liquor license. “Over 60% of the lager and sorghum beer is sold through bottle stores, night clubs, and general dealers that do not meet the threshold for VAT (value added tax) registration of turnover of US$25 000 per annum,” CZI said. “The proposed change will impact on 15 000 traders and have serious implications on their welfare and their dependents. “Manufacturers of soft drinks and bread sell mainly through general dealers, supermarkets and quick service restaurants. “A significant proportion of the general dealers, bottle stores, tuck shops are not registered for VAT because they do not meet the threshold. “The informal traders account for about 5% of soft drink sales. “The requirement for VAT registration will affect over 20 000 traders, which also has serious implications on welfare,” it added. “By preventing manufacturers from selling to agents without tax clearance certificates, also implies that manufacturers cannot have shops that sell directly to customers, for example factory shops that would sell directly to customers have now been outlawed. “This will also have some negative impact on affordability as it means that margins need to be added through intermediaries. “There is no capacity for the formal channels such as the modern supermarkets and wholesalers to fully service the market demand, hence there is always room for informal sector,” added the report, which is titled CZI 2024 National Budget Response Paper. CZI warned that shutting out manufacturers from selling goods directly to informal traders would trigger an explosion of illicit imports, which have already been blamed for swamping domestic markets with cheap goods. CZI said with Zimbabwe’s borders struggling to contain smugglers, the cash strapped government would continue to lose revenue. “Given that CZI still expects exchange rate distortions and arbitrage opportunities to continue into 2024, the measures simply imply that US dollar sales through formal retailers will continue to be higher than imported products retailed through the informal sector,” CZI warned. “This means that manufacturers of products that compete with imports will have limited opportunities to have USD sales. “This also reduces the tax collections in USD.” It argued that a sustainable taxation system was one where taxes are easy to collect, ‘hard to corrupt’ and ‘should not enrich a new class of entrepreneur.’ “Valuations of property will become the next gold mine – they will be the next commodity,” the CZI said, referring to steeper demand for valuation of properties as government prepares to start taxing properties through the so-called wealth tax. “(A sustainable taxation system) should be comparable with the region. VAT is already a great tax and avoids the pitfalls of sales tax. “In other words, we are already taxing the informal sector which has a very small value add. “We should promote the growth of the formal sector where more value is,” CZI noted. “The total expenditure for 2024 is expected to be about ZW$58,2 trillion, to be financed from an expected revenue of about ZW$53,9 trillion, with a targeted budget deficit of ZW$4,3 trillion (1,5% of GDP (gross domestic product). “The budget deficit is less than 3% of GDP, which is in line with Sadc targets. “However, the concern is largely that despite the economy being 80% dollarised, the 2024 National Budget is in Zimdollars rather than the greenback. “Thus, there are huge possibilities that the expected revenue and expenditure mix are not realistic, given that no one can adequately anticipate currency volatilities to be witnessed in 2024.” Commenting on the sugar levy, the CZI said: “Traders will resort to import of beverages from regional countries where the products are cheaper. “This will have implications in terms of employment in the beverage sector, which employees about 8 000 people and the whole sugar value chain which employees more than 30 000 people”. On Monday this week, after terse meetings between industry and government, Ncube was forced to make changes to his measures on trading, VAT, and basic commodities. Retailers now can buy from manufacturersas long as they are tax compliant while manufacturers can sell to informal traders, and a 5% withholding tax will apply. Ncube also lowered the sugar tax on soft drinks. “The (CZI) committee undertook an impact analysis on the implementation of some of the measures introduced through the 2024 budget, in particular with regards to tax compliance on route to the market, mitigation of consequences of the sugar on health through a special surtax, and a few tariff lines that were omitted on exemption from Value Added Tax, in order to cover the whole value chain that includes cotton and soya seeds to cooking oil,” Ncube said. “Findings of the committee have been presented; hence, Treasury advises…retailers can purchase from manufacturers as long as they have obtained a valid tax clearance certificate, and are VAT registered. “Manufacturers are permitted to sell to institutions such hotels, schools and other corporates, provided such clients are registered for VAT and possess a valid tax clearance certificate.” *ZimInd*

Industry years back used to complain about foreign currency now getting the dollar but still raping consumers the same us can buy. 2 loafs of quality bread in Europe but in Zimbabwe 1us has become tissue Zanupf soo when it wants money to pay Tshabangu they order industry to raise price and give them the difference

zvekuti wheat yakachipa azvina basa izvoo ut forgetting kuti magetsi, fuel and tollgates zvakakwira

😁😁 muchaita wiwi chete hamusati matanga muchasura chando. Pamberi ne Zanu PF pamberi ne Mahndu #Boss Wiwi for President

thanks to Zanupf, the suffer continues. Imagine bread considered to be an inferior good in wealthy countries can't be affordable in this tea-pot shaped country.

Ndozvairambwa na Bob izvozvo achingobuduka pa airport! Rest in peace Gushungo

we will Go back to chimodho chogara chingwa chavo choorera muma shops till they start to reason

its all nonsese. the bread does not fit to be a dollar. substandard bread worth 0.50 not 1.00. the busness community in this country is operating like a jungle

chiri ku mover I zim$ US is getting stronger saka why the increase. yatanga futi bakers inn