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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.Poll: Trump, Musk viewed nearly the same
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Pet owners are advised to exercise caution when selecting pet food products and to carefully review ingredient labels for accuracy and transparency. Any concerns or suspicions regarding the contents of pet food should be reported to the relevant authorities for prompt investigation and resolution.EVENTS Santa Paws is Coming to Town — Breakfast with Santa & Mrs. Claus at 9 a.m., family and dog friendly events, 11 a.m.-3 p.m. Dec. 7, Under the Sun Dog Training & Daycare, 6540 Vincent Drive. Breakfast is $10, free for dogs and children younger than 2. Reservations required by Tuesday for breakfast: utsdog.com/index.php/santa-paws-2024 . Santa Paws Photos and Holiday Boutique — Get your pet's photo taken with Santa and Mrs. Claus and shop for gifts for pets and people, to benefit Harley's Hope Foundation, 1-4 p.m. Dec. 7, Hanks K9 Social Club, 815 S. Sierra Madre St., $15 donation for digital photos; harleys-hopefoundation.org . ADOPTION Comfort & Joy Cat Café — Tasty and healthy food and adoptable cats, 9 a.m.-4 p.m. Sundays-Mondays, 11 a.m.-6 p.m. Wednesdays, 9 a.m.-6 p.m. Thursdays-Saturdays, 615 S. Nevada Ave., $12 and up. Book a session: comfortandjoycatcafe.com . NEED HELP? Harley’s Hope Foundation — Provides financial assistance for major veterinary care and behavior-modification services, access to a list of Colorado pet care resources, and educational information on preventive pet care and safety: 719-495-6083, harleys-hopefoundation.org . AVAILABLE Adopt a Shelter Pet license plates — $80 one-time fee for new or replacement plates in addition to other taxes and fees, $25 renewal fee. Part of funds benefit the Pet Overpopulation Fund; dmv.colorado.gov/group-special-license-plates . Pet Licensing — Offered by the Humane Society of the Pikes Region in partnership with DocuPet. Go online for fees: hsppr.org/law/license-your-pet . Safe Place for Pets — Finding homes for pets of terminally ill owners. For information on rehoming pets or to find available pets for adoption, call 719-359-0201 or go to safeplacepets.org . LOOKING TO HELP? 9 Lives Rescue — Foster homes needed. Supplies and medical care provided; 719-591-4640; colorado9lives.com . Happy Cats Haven — Volunteer cleaners and adoption help needed as well as donations of Costco, grocery and office supply gift cards; gently used cat equipment accepted; 719-362-4600, happycatshaven.org . Rescued Hearts Unique Boutique — Proceeds benefit local animal rescues, 3314 Austin Bluffs Parkway; 719-466-9797, rescued-hearts.org . SLV Animal Welfare Society — Volunteers needed for dog adoptions and events in Colorado Springs; 719-588-5560; facebook.com/slvaws . WHAT TO DO IF? If an animal bites you, your pet runs away or you find a stray, call the Humane Society of the Pikes Peak Region , 719-473-1741. To list a lost or found pet, go to hsppr.org . — Email adoption fairs and pet events at least two weeks in advance: listings@gazette.com .
James Carville Calls for Complete Audit of Kamala Campaign After 'Almost Unfathomable' Damage Done to Dems
Belleville quarterback Bryce Underwood makes a pass against Southfield A&T during the first half of Division 1 state final at Ford Field in Detroit on Sunday, Nov. 26, 2023. (Junfu Han / The Detroit Free Press) ORG XMIT: IMAGN-489221 Facebook Twitter WhatsApp SMS Email Print Copy article link Save Five-star quarterback Bryce Underwood , the No. 1 overall player in the Class of 2025, has decommitted from LSU and has committed to Michigan instead, he announced on social media Thursday. Underwood had been committed to LSU since January. He was on track to become the first No. 1 overall quarterback and player to sign with LSU, according to the 247Sports Composite. Underwood attends Belleville High in Belleville, Michigan. Belleville is a 30 minute drive from Michigan's campus. CBS Sports also reported in November that Michigan had offered Underwood around $10 million in NIL money for the five-star recruits commitment. LSU's 2025 recruiting class drops to No. 6 in the nation following Underwood's decommitment. The Tigers have two five-star recruits committed still in running back Harlem Berry and cornerback DJ Pickett. Underwood was LSU's lone quarterback commitment from the 2025 class. He was the Tigers' likely succession plan for when starting quarterback Garrett Nussmeier would leave for the NFL Draft. Now, without Underwood in the fold, retaining Nussmeier for next season becomes critical for coach Brian Kelly and quarterback coach and offensive coordinator Joe Sloan. Nussmeier had gotten off to a strong start but turnover woes have slowed his progress this season, his first as a starter. He's turned the ball over seven times in the past three games, all losses for LSU. This story will be updated.CHRIS Brown has a lifelong love, a passion, an obsession he just can't let go - basketball. Six months ago the former professional basketball player focused all of that energy into a new business at Broadmeadow called Hoop Dreams. Login or signup to continue reading "I always wanted to start something focusing on individual coaching," he said. "When I came here to play it was a rugby league town. The last couple of years basketball has just taken off." Brown was an international import back in 2003 to the former local team - the Hunter Pirates. He had been playing in Japan, but the guard took the opportunity to play in the NBL and this move would end up anchoring him to the city. Brown fell in love and the couple went on to have three children who "fortunately also fell into basketball". His eldest child Diyah, 13, plays for the Newcastle Falcons and has made country NSW selection, with hopes of pursuing the game further. Basketball is booming in the Hunter, with plans for a new $82-million Newcastle basketball stadium under way. But the project has garnered hundreds of objections from the community due to the location on Wallarah and Blackley ovals. "We need the courts, we need the space," he said. "With the NBA popularity growing here and on social media the sport is considered cool, kids love the culture of it. Everyone is watching Steph Curry shoot threes, they love it." With a $30,000 fitout complete with a custom-designed court, gym, meeting space and even a mural, it is easy to see why this dedicated basketball training space has quickly grown in popularity for young players. According to Brown there are 75 aspiring and academy athletes on the books, ranging from under 12s right through to age 18. The roster of coaches, which includes program appearances from NBL 1 Falcons players Myles Cherry and Ryan Beisty, focus on individual skills and going back to basics. "Within a week we were at capacity," he said of launching the business. "The kids love basketball, but there is so much more to sports than just the game. We have a nutritionist, strength and conditioning training, a psychologist. The goal is skill development for kids of all ages, but we also just want to help create good kids." Brown has big plans for the business which is currently running as a not-for-profit. He wants to create outreach programs in NSW, to get the teenagers out into low socio-economic communities to do their own coaching. "It is important for those high performance kids to give back, to have that experience," he said. The third part of the puzzle is travel, taking his own Hoop Dreams teams to play in other competitions both nationally and abroad. On the first weekend of November, Hoop Dreams saw its first touring team compete in the Annual Seaside Classic Tournament in Port Macquarie. The under 17s girls team took home the win. "The hardest transition is figuring out what do you do when you stop playing professional sport," he said. "I hope we can build this as place for connection, a community for these kids." Jessica began her journalism career in 2009 as a cadet at The Port Stephens Examiner before moving to London for a two-year stint working in magazines and digital publishing. The Lake Macquarie local returned to Australia where she took up a reporting role at The Maitland Mercury. She worked across several rounds including local council, police and property before moving into digital journalism and joining the team at The Newcastle Herald in 2017. Jessica began her journalism career in 2009 as a cadet at The Port Stephens Examiner before moving to London for a two-year stint working in magazines and digital publishing. The Lake Macquarie local returned to Australia where she took up a reporting role at The Maitland Mercury. She worked across several rounds including local council, police and property before moving into digital journalism and joining the team at The Newcastle Herald in 2017. 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In a heartwarming turn of events, a young man who had been reported missing and later rescued by villagers in a remote area has spoken out about his ordeal. The man, identified as a Master's degree holder by the name of Alex, was found by locals wandering aimlessly in the woods, disoriented and in a state of distress. However, despite initial concerns that he may have been held captive, villagers have come forward to clarify that he was not being held against his will.‘Not a saint but a human being’: the political and personal side of Alex Salmond
Fix tired and dull party season skin in three minutes with these LED beauty patchesMoreover, the zone has actively embraced the digital revolution, harnessing the power of big data, artificial intelligence, and blockchain technology to streamline operations and enhance customer experience. By leveraging these technological advancements, businesses in Nanjing Development Zone are able to offer personalized services, optimize supply chain management, and ensure secure transactions, thereby staying ahead of the competition in the dynamic world of cross-border e-commerce.
Parenting is a challenging and rewarding journey filled with moments of joy, love, and tough decisions. When it comes to fathers and their relationships with their teenage daughters, there can be a fine line between showing love and care and exerting control. In particular, the issue of fathers interfering in their 14-year-old daughter's social life often raises questions about where to draw the line between parental guidance and overbearing behavior.As fans and supporters, it is crucial to respect their privacy and allow them the space to work through any issues they may be facing. Instead of spreading baseless rumors and gossip, we should offer our understanding and well wishes to Cecilia and Nicholas as they navigate their relationship.
Western Michigan beats Eastern Michigan 26-18 to become bowl eligibleRise in cases of burnout and stress at work
QuickBooks, known for its user-friendly interface and powerful features, will now be integrated directly into Amazon's Seller Central platform, making it easier than ever for sellers to track their sales, expenses, and profits in real time. With automated data syncing between Amazon and QuickBooks, sellers can eliminate tedious manual data entry and ensure accurate financial reporting.Ultimately, the decision to pardon individuals convicted of crimes is a weighty responsibility that requires thoughtful reflection, consultation, and engagement with a variety of stakeholders. By engaging with the public and seeking diverse perspectives, the White House demonstrates a commitment to fostering a more inclusive and participatory approach to governance.
