Page 33 - Exchange Control News Today

On November 23, 2021, Thailand's cabinet approved in principle the amended Ministerial Regulation No. 13 issued under the Exchange Control Act, B.E. 2485 (1942), as amended (ECA).

On November 23, 2021, Thailand’s cabinet approved in principle the amended Ministerial Regulation No. 13 issued under the Exchange Control Act, B.E…

THE director of Consolidated Farming Investments, trading as Farm and City, Tanaka Hofisi, yesterday appeared at the Harare Magistrates Courts

[HK]常茂生物:截至二零二一年六月三十日止六个月中期业绩公告

With a view to assist and maintain the financial system stability by minimizing the pressure on the exchange rate and preserving the foreign currency reserve position of Sri Lanka, the Finance Minister with the recommendation of the Monetary Board of the Central Bank and the approval of the Cabinet has issued an Order under Section 22 of the Foreign Exchange Act. Accordingly, the following suspensions/restrictions on outward remittances will be effective for six (06) months commencing from 2 J...

Several laws will have to be amended to bring crypto assets under regulatory scrutiny.

Zimbabwe Introduces Stiff Foreign Currency Regulations Attracting Penalties of up to $5 Million May 28, 2021 Gibbs Dube FILE: Zimbabweans compare the new note with the U.S. dollar note following the introduction of new notes by the Reserve Bank of Zimbabwe in Harare, Nov, 28, 2016. Share share MARYLAND —  The Zimbabwean government has gazetted new foreign currency regulations in which violations will attract a fine of up to five million dollars. Statutory Instrument 127 of 2021 stipulates th...

Zimbabwe’s diversified financial services group, Old Mutual and cement maker, PPC Limited, are in discussion with the government over sticking issues as the counters eye a listing on the Victoria Falls Stock Exchange (VFEX), the local bourse’s CEO has revealed. Last year, the  government suspended trading in three dual-listed counters—Old Mutual, PPC Limited and Seed Co arguing that their stocks had become vehicles for repatriating investment out of the country, fuelling currency distort...

Tax laws strangle businesses BY KENNETH MATIMAIRE BUSINESSES are struggling to comply with newly-set stringent tax clearance certification regulations that became effective at the beginning of the year. Statistics gathered from the Zimbabwe Revenue Authority (Zimra) showed that the tax compliance rate dropped by 37% following the introduction of the new regulations. Zimra, in November last year,  said most operators were not remitting taxes in foreign currency and threatened to withhold 2021 t...

Emigrating at 55 plus? You still pay tax and you’ll wait for your RA Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With... Clear Search Sponsored by Sponsored by If you’re 55 plus and have emigrated or are intending to emigrate, you’ll still have to submi...