On average, the council collects $793,903,645 annually from workers. As at December 31, 2000, NAC's total fixed assets were valued at $3,781,509 and net current assets were $7,058,662.
Since the establishment of the AIDS levy fund in 2000, questions have been raised about the transparency of its disbursement. There was a major outcry recently when the Ministry of Information tried to pressure NAC to direct more than $30 million towards the staging of the controversial Miss Malaika beauty pageant.
More than 2,000 Zimbabweans die every week from HIV/AIDS and it is estimated that about a quarter of the more than 13 million Zimbabwean population is HIV-positive.
Ed. Note: Except where stated, $ = Zimbabwe Dollars, which are the equivalent of slightly less than two cents in Euros or US$.
Article reprinted, courtesy of The Financial Gazette, Southern Africa’s Leading Business and Financial Newspaper.http://www.fingaz.co.zw
Since the establishment of the AIDS levy fund in 2000, questions have been raised about the transparency of its disbursement. There was a major outcry recently when the Ministry of Information tried to pressure NAC to direct more than $30 million towards the staging of the controversial Miss Malaika beauty pageant.
More than 2,000 Zimbabweans die every week from HIV/AIDS and it is estimated that about a quarter of the more than 13 million Zimbabwean population is HIV-positive.
Ed. Note: Except where stated, $ = Zimbabwe Dollars, which are the equivalent of slightly less than two cents in Euros or US$.
Article reprinted, courtesy of The Financial Gazette, Southern Africa’s Leading Business and Financial Newspaper.http://www.fingaz.co.zw