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Zimbabwe's 'pizza budget,' presented two days ago by Finance Minister Professor Mthuli Ncube as the 2025 National Budget Proposal, is a stark illustration of an economy on the verge of collapse. Among the many proposals, the announcement of a new tax on fast foods like pizza, burgers, French fries, and doughnuts stood out as both absurd and troubling. This peculiar obsession with taxing nearly everything points to a deeper crisis within the Zimbabwean economy. While governments worldwide rely on taxes to fund critical services and development projects, the President Emmerson Mnangagwa administration's approach reveals a desperate and unsustainable strategy rooted in a failing economic structure. Globally, governments derive their revenue primarily from well-established sources such as income tax, value-added tax (VAT), capital gains tax, property tax, excise duties, import and export taxes, dividends from state-owned enterprises (SOEs), and royalties from natural resource exploitation. These traditional revenue streams are designed to support civil servants, infrastructure development, social services, and national security. However, the reliance on taxing fast foods, as introduced in Zimbabwe's recent budget, suggests the government is scraping the bottom of the barrel. This is not just a sign of callousness toward a population already suffering under severe poverty, with an estimated 70% living below the poverty line, but also indicative of a government running out of viable revenue options. The inability to secure sufficient revenue from traditional sources raises the question: why is the Mnangagwa regime incapable of generating income through established means like income tax, VAT, or SOE dividends? To directly receive articles from Tendai Ruben Mbofana, please join his WhatsApp Channel on: https://whatsapp.com/channel/0029VaqprWCIyPtRnKpkHe08 The answer lies in the systematic collapse of these sectors, fueled by years of economic mismanagement, corruption, and misguided policies. Income tax, a cornerstone of government revenue, is in dire straits because only about 10% of Zimbabweans are formally employed. With unemployment levels so high, it is unsurprising that income tax contributions have dwindled to negligible levels. The informalization of the economy has rendered income tax collection nearly impossible. The informal sector, which now constitutes roughly 90% of the economy, is largely unregulated and beyond the government's ability to monitor or tax effectively. Despite announcements of mandatory Zimbabwe Revenue Authority (Zimra) registration for informal traders and plans to tax small grocery shops, boutiques, and car parts dealerships, enforcement remains laughable due to the state's lack of capacity. The challenges extend to VAT, another crucial revenue source. Zimbabweans' spending power has been decimated by poverty and inflation, leaving little room for significant VAT contributions. Moreover, with most economic activity occurring informally, VAT collection is further undermined. In a scenario where formal businesses have either closed down or downsized due to an unstable currency, inconsistent policies, high taxes, and persistent electricity shortages, the traditional avenues for VAT collection have virtually dried up. This is a direct reflection of an economy in ruins, unable to support even the basic functioning of formal commerce. Similarly, excise duties, import and export taxes, and customs revenues have all suffered as a result of the dominance of the informal sector. Informal cross-border traders often bypass normal import processes, depriving the government of customs duties. Although the finance minister has threatened crackdowns on this practice, the state's inability to enforce such measures renders these threats hollow. Zimbabwe's failure to regulate its informal sector is symptomatic of a broader economic collapse, where even basic controls over trade and commerce are ineffective. The issue of dividends from state-owned enterprises paints an equally grim picture. Once vibrant companies like the National Railways of Zimbabwe (NRZ), Zimbabwe Electricity Supply Authority (ZESA), Zimbabwe United Passenger Company (ZUPCO), and Zimbabwe Iron and Steel Company (ZiscoSteel) have been crippled by decades of corruption, mismanagement, and illicit financial activities. These SOEs, which should be contributing significant revenues to the state, are instead perennial liabilities. Their collapse highlights the systemic failures of governance and leadership that have plagued Zimbabwe, leaving the government with few reliable revenue sources. Zimbabwe's natural resource sector, despite its immense potential, has also failed to contribute meaningfully to state coffers. The country boasts some of the world's most sought-after minerals, including gold, diamonds, lithium, and platinum. Yet, smuggling and corruption have severely undermined this sector. The Al Jazeera documentary "Gold Mafia" exposed high-ranking officials and their associates involved in gold smuggling and money laundering. Just recently, the brother of controversial businessman and convicted criminal Wicknell Chivayo was arrested in South Africa for smuggling R15 million worth of gold, underscoring the depth of the problem. Zimbabwe reportedly loses over $2 billion annually to mineral smuggling, much of it facilitated by individuals linked to the powerful and well-connected. As a result, royalties from these resources, which should be a significant source of revenue, barely make it into state coffers. Against this backdrop, the government's reliance on taxing ordinary citizens, including levying duties on fast foods and increasing toll fees and taxes on basic commodities, reveals the extent of the economic collapse. This strategy disproportionately targets a population already grappling with poverty and hardship, reflecting the desperation of a regime unable to generate income through traditional, sustainable means. It is an indictment of failed leadership that prioritizes survival over the well-being of its citizens. The economic challenges facing Zimbabwe are further compounded by an unstable currency, high inflation, and inconsistent policies. These factors create an environment hostile to formal business operations, discouraging investment and stifling economic growth. Persistent electricity shortages exacerbate the situation, making it nearly impossible for industries to function efficiently. According to the Zimbabwe Chamber of Mines, the mining sector is set to lose $500 million this year alone due to incessant power cuts. This has had a devastating impact on the economy, leaving the government scrambling for alternative revenue streams, no matter how impractical or exploitative. What emerges from this analysis is a clear picture of an economy on the brink of collapse. The Mnangagwa administration's "pizza budget" is not just an attempt to extract revenue from an already impoverished population; it is a desperate measure by a government that has run out of options. The traditional pillars of economic stability - formal employment, robust SOEs, regulated trade, and effective resource management - have all but crumbled under the weight of corruption, mismanagement, and policy failures. As a result, the government has turned to taxing anything and everything, regardless of the economic or social consequences. The taxing of fast foods like pizza, burgers, French fries, and doughnuts is symbolic of a deeper crisis. It reflects a government that has lost its way, resorting to short-term, unsustainable measures to address a long-term structural collapse. This approach not only fails to address the root causes of the economic crisis but also risks deepening the suffering of ordinary Zimbabweans. In conclusion, Zimbabwe's "pizza budget" is a stark reminder of the dire state of the nation's economy. The government's inability to derive revenue from traditional sources speaks to a broader failure of leadership and governance. Instead of addressing the structural issues that have led to this collapse, the Mnangagwa administration has chosen to target the most vulnerable, taxing them into deeper poverty. This is not a sustainable solution; it is a desperate act by a regime struggling to stay afloat in an economy it has systematically destroyed. The people of Zimbabwe deserve better - an administration that prioritizes sustainable economic growth, transparent governance, and the well-being of its citizens over short-sighted, exploitative policies.Pollies, peace deals, and the unravelling of a billionaire: The WA civil court rows that dominated 2024
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How co-writing a book threatened the Carters' marriageMurray – who retired after the summer Olympics at the age of 37 after finally admitting defeat in his battle against his body – will join the Serbian’s team in the off-season and coach him through the opening grand slam of 2025. It will see the Scot surprisingly join forces with the man who was his biggest nemesis during his long career, especially in Australia where he lost to Djokovic in four finals. Murray, who beat Djokovic to win the US Open in 2012 and Wimbledon in 2013, says he wants to help the 24-time grand slam champion achieve his goals. He never liked retirement anyway. 🙌 pic.twitter.com/Ga4UlV2kQW — Novak Djokovic (@DjokerNole) November 23, 2024 “I’m going to be joining Novak’s team in the off-season, helping him to prepare for the Australian Open, he said. “I’m really excited for it and looking forward to spending time on the same side of the net as Novak for a change, helping him to achieve his goals.” Djokovic, a week younger than his new coach, added: “I am excited to have one of my greatest rivals on the same side of the net, as my coach. “Looking forward to start of the season and competing in Australia alongside Andy with whom I have shared many exceptional moments on the Australian soil.” In posting a teaser about the appointment on social media, Djokovic said: “He never liked retirement anyway.” He then added: “We played each other since we were boys, 25 years of pushing each other to our limits. We had some of the most epic battles in in our sport. They called us gamechangers, risk takers, history makers. “I thought our story may be over. Turns out it has one final chapter. It’s time for one of my toughest opponents to step into my corner. Welcome aboard coach, Andy Murray.” Djokovic beat Murray in the 2011, 2013, 2015 and 2016 Australian Open finals while also losing in the French Open final in 2016. It was his pursuit of toppling Djokovic at the top of the rankings in 2016 which was a precursor to his 2017 hip injury which derailed Murray’s career. Djokovic, who split with coach Goran Ivanisevic earlier this year, hopes that adding Murray to his team will help him get back to the top of the game as he went through a calendar year without winning a grand slam for the first time since 2017. Jannik Sinner and Carlos Alcaraz have developed a stranglehold at the top of the men’s game and Djokovic, who has seen Murray, Roger Federer and Rafael Nadal all retire in recent years, is still hoping to move clear of the record 24 grand slams he shares with Margaret Court.
In a bygone era, two of the authoritarian Middle Eastern leaders —Saddam Hussein of Iraq and Muammar el-Gaddafi—were hunted down before being executed. Saddam was sentenced to death by hanging after being convicted of crimes against humanity by an Iraqi Special Tribunal while Gaddafi was severely beaten up by rebel forces before being shot to death. Still, some Arab rulers who were deposed but survived included Zine El Abidine Ben Ali of Tunisia in 2011, Hosni Mubarak of Egypt in 2011, and Ali Abdullah Saleh of Yemen in 2012. But there was one rare exception—in Asia. Sri Lanka's President Gotabaya Rajapaksa was driven into exile—first, seeking refuge in the Maldives, then in Singapore and finally in Thailand. When he ran out of safe havens, or so the story goes, he returned to his home country –but not to his lost presidency. In Asia, there were several other political leaders who were ousted from power and went into exile, including Nawaz Sharif, Pervez Musharraf and Benazir Bhutto of Pakistan, Ashraf Ghani of Afghanistan, Yingluck Shinawatra of Thailand and most recently Sheikh Hasina of Bangladesh. When the Taliban captured power back in 1996, one of its first political acts was to hang the Afghan President Mohammed Najibullah in Ariana Square in Kabul. And, when it assumed power a second time, it ousted the US-backed government of Ashraf Ghani, a former World Bank official, armed with a doctorate in anthropology from one of the most prestigious Ivy League educational institutions in the US: Columbia University. In a Facebook posting, Ghani said he fled to the United Arab Emirates (UAE) seeking safe haven because he "was going to be hanged" by the Taliban. If that did happen, the Taliban would have earned the dubious distinction of being the only government in the world to hang two presidents. But mercifully, it did not. Last week, as Syrian President Bashar al-Assad lost his battle for survival against a 14-year-old civil war in his country, he went... Thalif Deen
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(AP) — Colorado two-way standout Travis Hunter is The Associated Press college football player of the year. Hunter received 26 of the 43 votes from a panel of AP Top 25 voters. Boise State tailback Ashton Jeanty finished second with 16 votes, and Arizona State running back Cameron Skattebo received one vote. A throwback player who rarely left the field, Hunter had 92 catches for 1,152 yards and 14 touchdowns as a receiver. He had four interceptions and 11 passes defensed as a shutdown corner. Hunter helped the the 20th-ranked Buffaloes to a 9-3 record and an appearance in the Alamo Bowl against BYU. 2034 World Cup visitors will live in 'a bubble' and not see real life, Saudi rights activist says LONDON (AP) — A Saudi human rights activist says soccer fans visiting Saudi Arabia for the 2034 World Cup will live in a “bubble” that doesn't reflect real life there. 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NASCAR now says it will move forward in 2025 with 32 chartered teams and eight open spots, with offers on charters for Front Row and 23XI rescinded and the SHR charters in limbo. Indian teen Gukesh Dommaraju becomes the youngest chess world champion after beating Chinese rival NEW DELHI (AP) — Indian teenager Gukesh Dommaraju has become the youngest chess world champion after beating the defending champion Ding Liren of China. Dommaraju, 18, secured 7.5 points against 6.5 of his Chinese rival in Thursday's game which was played in Singapore. He has surpassed the achievement of Russia’s Garry Kasparov who won the title at the age of 22. Dommaraju is now also the second Indian to win the title after five-time world chess champion Viswanathan Anand. The Indian teen prodigy has long been considered a rising star in the chess world after he became a chess grandmaster at 12. He had entered the match as the youngest-ever challenger to the world crown after winning the Candidates tournament earlier this year. Hojlund scores twice for Manchester United to beat Viktoria Plzen 2-1 in Europa League Rasmus Hojlund scored twice after coming off the bench and Manchester United rallied to beat Viktoria Plzen 2-1 in the Europa League. The Denmark striker netted in the 88th minute after collecting Bruno Fernandes’ pass off a free kick to seal the victory. Ahead of the late games, United moved to fifth place with 12 points from six games. Hojlund came on in the 56th to replace Marcus Rashford and scored an equalizer six minutes later. In the Conference League a youthful Chelsea lineup made the most of a long trip to Kazakhstan by beating Astana 3-1 to stay perfect in the third-tier competition. NFL world reacts with excitement, surprise, questions after Bill Belichick is hired to coach UNC Bill Belichick is already the most decorated coach in NFL history. 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