3-mob.com 
Zimbabwe will soon retrench workers according to Finance Minister Patrick Chinamasa,
Chinamasa was speaking at the presentation of the mid-term budget in Harare.
He said salaries gobbled up a massive 83% of the government’s 2 billion dollars so far this year.
Chinamasa then said that his government, the single largest employer, will work to reduce the wage bill which can only mean retrenchment. They want to bring the expenditure to under 40% of budget. What we will be keen to see is whether this will see them use the Supreme Court rulings to do this.
In worse news the government expects to only make 3.6 billion down from already low figure 3.99 billion. Expenses are down from 4.11 billion to 4 billion meaning a deficit of 400 million.
On new tax laws government will tax churches but only the profit end. Tithes will not be subject to tax.
Tax on Japanese cars will go up to 35% from 25% while there is an immediate ban on the importation of second hand shoes and clothes from 1 August.
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