Search / Axe
'Zimbabwe losing billions in tax revenue to informal sector'
Zimbabwe is losing between US$7.5 billion and US$8 billion in potential tax revenue every year due to the dominance of its informal sector, according to new estimates by the African Development Bank (...Published: 04 Jul 2025 at 14:22hrs | 170 | by Staff reporter
Zimbabwe's GDP grows 2.9% to US$45.7 billion
Zimbabwe's economy expanded by 2.9 percent in 2024, with the Gross Domestic Product (GDP) rising to US$45.7 billion from US$44.4 billion in 2023, according to the latest figures released by the Zimbab...Published: 02 Jul 2025 at 17:46hrs | 150 | by Staff reporter
Man kills chief's messenger
A 37-year-old man from Munukwa village in Gokwe is facing murder charges following the fatal assault of a chief's messenger, police have confirmed.According to Midlands provincial police spoke...Published: 01 Jul 2025 at 08:20hrs | 551 | by Staff reporter
Zim industry leaders call for Unified Taxation System
Zimbabwe's business community has raised concerns over the country's fragmented taxation system, urging the government to adopt a unified tax framework to alleviate the heavy burden of multiple taxes ...Published: 01 Jul 2025 at 08:20hrs | 129 | by Staff reporter
Khama should try humility
Ian Khama's latest unprovoked outburst - praising Ian Smith's Rhodesia and branding Zimbabwe a "failed state" - is as tone-deaf as it is arrogant. No wonder Batswana now regard their ex-president with...Published: 30 Jun 2025 at 17:23hrs | 569 | by Dereck Goto
OK Zimbabwe earmarks 50% of capital raise to clear debts
Retail giant OK Zimbabwe Limited has announced plans to allocate more than half of the proceeds from its planned US$30.5 million capital raise - through a rights issue and property disposals - toward ...Published: 30 Jun 2025 at 13:12hrs | 174 | by Staff reporter
Herbert Nkala to exit OK Zimbabwe in restructuring move
OK Zimbabwe has announced a major leadership reshuffle and a US$30.5 million capital-raising initiative aimed at stabilising operations and restoring market confidence, as the retail giant battles int...Published: 29 Jun 2025 at 11:17hrs | 210 | by Staff reporter
Beer binge ends in bloody attack over debt
A routine beer session spiralled into a night of horror when a 40-year-old man attacked his drinking companion with an axe over a debt dispute, leaving the victim fighting for his life.Nkosila...Published: 27 Jun 2025 at 15:07hrs | 243 | by Staff reporter
Mum, daughter hack down would-be rapist
A MBEMBESI mother and her teenage daughter turned the tables on a suspected attempted rapist, hacking him with an axe after he broke into their home and tried to force himself on the girl.Kwan...Published: 27 Jun 2025 at 15:04hrs | 288 | by Staff reporter
Mnangagwa calls for fiscal discipline among councillors
President Emmerson Mnangagwa has stressed the need for Zimbabwe's local councillors to improve their understanding of budgeting and financial planning, warning that national development efforts could ...Published: 26 Jun 2025 at 17:26hrs | 273 | by Staff reporter
Zimbabwe Parliament demands removal of punitive taxes
Parliament has sharply escalated pressure on Treasury to urgently scrap punitive taxes, including the highly contentious 2% Intermediated Money Transfer Tax (IMTT), by August 31, 2025, in a bid to hal...Published: 26 Jun 2025 at 11:25hrs | 1718 | by Staff reporter
Growth prospects shine in Zimbabwe's construction markets
Construction markets in Zimbabwe and South Africa are expected to maintain a strong growth trajectory, creating favorable conditions for companies like PPC to enhance their competitiveness against imp...Published: 26 Jun 2025 at 09:17hrs | 164 | by Staff reporter
Woes mount for Zimbabwe formal businesses\
Informal traders who largely evade taxes and levies are placing formal retail and wholesale businesses in Zimbabwe at a significant competitive disadvantage, burdened by a heavy and complex taxation r...Published: 23 Jun 2025 at 10:58hrs | 244 | by Staff reporter
Chamisa declares full-time political comeback
Former opposition leader Nelson Chamisa has announced his return to full-time politics, vowing never to abandon Zimbabweans who believe in him as a challenger to Zanu-PF's prolonged grip on power. Spe...Published: 22 Jun 2025 at 09:15hrs | 2696 | by Staff reporter
Lake Kariba black market fish trade fuels illicit financial flow
A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...Published: 22 Jun 2025 at 09:08hrs | 215 | by Staff reporter
Tax evasion bleeds Zimbabwe economy
Humanitarian organisation ActionAid Zimbabwe has expressed deep concern over the rampant levels of tax evasion in the country, warning that this undermines the pool of funds available for national dev...Published: 21 Jun 2025 at 09:44hrs | 88 | by Staff reporter
Zimbabwe ministers, top officials loot broke parastatals
Senior government officials, including cabinet ministers, permanent secretaries, and directors, are siphoning millions of dollars from state-owned enterprises to finance extravagant lifestyles, in a g...Published: 20 Jun 2025 at 17:28hrs | 151 | by Staff reporter
Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 19 Jun 2025 at 11:24hrs | 1281 | by Staff reporter
Private sector, experts hail Zimra's TaRMS tax regime
Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...Published: 19 Jun 2025 at 07:16hrs | 207 | by Staff reporter
Released psychiatric patient commits double murder
A psychiatric patient who was previously institutionalised for murder has been re-committed to the Chikurubi Psychiatric Unit after allegedly killing two more people, in a chilling case that has reign...Published: 19 Jun 2025 at 07:05hrs | 299 | by Staff reporter
Mobile phones, beds, and hoes top Zimbabwe household ownership
Mobile phones, beds, and agricultural tools such as axes and hoes are the most commonly owned household items in Zimbabwe, according to the latest Zimbabwe Demographic and Health Survey (ZDHS) for 202...Published: 17 Jun 2025 at 07:16hrs | 116 | by Staff reporter
MPs demand answers on machete sales in Bulawayo
Legislators from Bulawayo have raised serious concerns in the National Assembly over the government's policy on the ownership and sale of machetes, following a disturbing increase in violent attacks l...Published: 16 Jun 2025 at 15:15hrs | 370 | by Staff reporter
Zimbabwe govt squeezes miners for more forex
Zimbabwe's mining industry is facing increased strain as government departments intensify demands for miners to pay taxes and fees in foreign currency-on top of the mandatory 30% surrender of ex...Published: 16 Jun 2025 at 14:48hrs | 182 | by Staff reporter
Teen kills aunt, violates her corpse
High Court Judge Justice Munamato Mutevedzi has delivered a scathing rebuke of increasingly horrific crimes in Zimbabwe, saying recent cases suggest that the world may be nearing its end. His comments...Published: 16 Jun 2025 at 14:26hrs | 118 | by Staff reporter
Man bashes young brother to death
MATOBO - Blinded by love and unable to stand the sight of his younger brother's right to life over suspicious involvement towards a previous divorce with his former wife, lands Xolani Dube (36) in cus...Published: 14 Jun 2025 at 20:34hrs | 1852 | by Gideon Madzikatidze in Kezi
US warns Zimbabwe trade talks could collapse
The United States has cautioned that Zimbabwe's efforts to secure reduced tariffs on its exports face significant risks due to tight negotiation timelines, even as a temporary reprieve has been grante...Published: 12 Jun 2025 at 19:01hrs | 325 | by Staff reporter
Time Bank proposes US$38bn debt bailout to Zimbabwe govt
Time Bank Holding Company has unveiled a bold proposal to lend the Zimbabwean government US$38 billion to clear national debt and compensate multiple groups owed by the State, with the loan secured th...Published: 10 Jun 2025 at 08:40hrs | 454 | by Staff reporter
MDC bigwig fighting for life after vicious stabbing in adultery row
Former Public Works minister Joel Gabbuza was yesterday said to be fighting for his life at a Hwange hospital after he was allegedly attacked with an axe by another man. Gabbuza was admitted at the Hw...Published: 08 Jun 2025 at 12:08hrs | 403 | by Staff reporter
US reviewing Zimbabwe's trade proposal to reduce tariffs
The United States government is currently reviewing a formal proposal from Zimbabwe aimed at establishing a more balanced and reciprocal trade relationship by reducing tariffs between the two countrie...Published: 08 Jun 2025 at 11:58hrs | 239 | by Staff reporter
Zimbabwe to slash regulatory fees for beef, dairy and food processing sectors
The Government will soon gazette a revised schedule of regulatory fees for three key agricultural sub-sectors - beef, dairy and food processing - in a move designed to enhance the competitiveness of l...Published: 08 Jun 2025 at 11:55hrs | 129 | by Staff reporter
Victoria Falls: A world wonder at risk as Bulawayo-Victoria Falls road crumbles
A weekend trip to Victoria Falls offers breathtaking experiences - from a serene breakfast at Makuwa Kuwa Restaurant, perched on the cliffs of Victoria Falls Safari Lodge, to mesmerizing views stretch...Published: 07 Jun 2025 at 10:45hrs | 3013 | by Staff reporter
Man axes uncle over goat, kills self
A dark cloud has engulfed Chinyama after a 52-year-old villager was axed to death by his nephew over a goat misunderstanding.The 21-year-old niece subsequently took his life away after committ...Published: 06 Jun 2025 at 09:03hrs | 420 | by Simbarashe Sithole in Muzarabani
Has democracy failed in Zimbabwe?
This is the million-dollar question we all need to ask ourselves.Democracy, by its very nature, is a noble and necessary concept. It is anchored on the principle that every human ...Published: 05 Jun 2025 at 22:28hrs | 260 | by Tendai Ruben Mbofana
Victoria Falls Airport set for major security upgrade
The Airports Company of Zimbabwe (ACZ) has unveiled plans to upgrade the Integrated Security System at three of the country's key international airports - Victoria Falls International Airport, Robert ...Published: 05 Jun 2025 at 09:57hrs | 115 | by Staff reporter
Man arrested in Bulawayo over series of armed robberies
A 36-year-old man from Magwegwe suburb in Bulawayo has been arrested in connection with a series of armed robberies that took place across the city during March 2025. The police have linked Nhlanhla N...Published: 02 Jun 2025 at 16:47hrs | 807 | by Staff reporter
Machete gangs terrorise Bulawayo
Residents of Bulawayo are gripped by fear as machete-wielding gangs continue to unleash violent attacks across the city's high-density suburbs. The brutal assaults have left many victims nursing serio...Published: 01 Jun 2025 at 14:31hrs | 249 | by Staff reporter
Border gridlock as Zimbabwe's new cement tax faces legal challenge
Over 50 haulage trucks loaded with white cement have been stranded at the Chirundu Border Post after the Zimbabwe Revenue Authority (ZIMRA) began enforcing a newly introduced 30 percent surtax on impo...Published: 01 Jun 2025 at 14:12hrs | 117 | by Staff reporter
Zimbabwe expands access to advanced surgeries
Zimbabwe's public health sector is making major strides in specialist healthcare provision, with the Parirenyatwa Group of Hospitals having successfully conducted 62 open-heart surgeries to date, whil...Published: 01 Jun 2025 at 14:05hrs | 63 | by Staff reporter
Trabablas immortalised?
Yesterday, President Emmerson Mnangagwa officially inaugurated the Trabablas Interchange, a flagship US$88 million infrastructure project designed to transform north-south traffic flow in Harare by re...Published: 31 May 2025 at 14:05hrs | 1861 | by Staff reporter
Cement importer takes Mthuli Ncube to court
Leading cement importer Augutich Investments (PVT) LTD has taken Finance Minister Mthuli Ncube to the High Court, accusing him of unlawfully imposing a 30% surtax on cement imports covered under the C...Published: 31 May 2025 at 14:01hrs | 435 | by Staff reporter
MP raises concern over limited hospital visiting hours
Mkoba South opposition legislator John Kuka has voiced concerns about the restricted visiting times at public hospitals, arguing that these limitations disadvantage patients by reducing the support th...Published: 31 May 2025 at 13:55hrs | 60 | by Staff reporter
Refineries under threat as RBZ gulps more forex
Zimbabwe's biggest mining companies have sounded alarm bells over the potential suspension of crucial expansion projects - including refineries valued at over US$432 million - following the Reserve Ba...Published: 30 May 2025 at 12:18hrs | 651 | by Staff reporter
Zimbabwe govt suppliers plot Treasury showdown at funeral parlour
In an extraordinary show of desperation, Zimbabwean government contractors used the funeral wake of one of their own last Thursday to plot emergency engagements with Treasury officials, warning that u...Published: 30 May 2025 at 12:11hrs | 554 | by Staff reporter
How can MPs protect Zimbabweans from exploitation when they themselves are shielded?
It's a tragedy when those meant to represent you no longer do. The recent enactment of a law compelling Zimbabwean motorists to first purchase a ZBC car radio licence before they are allowed t...Published: 29 May 2025 at 20:29hrs | 319 | by Tendai Ruben Mbofana
African Sun asset stripping continues
Hospitality giant African Sun Limited (ASL) has announced plans to sell its iconic Caribbea Bay Resort in Kariba, marking the latest move in the company's continued disposal of non-core assets....Published: 29 May 2025 at 13:36hrs | 682 | by Staff reporter
Speech by Mnangagwa ta the launch of the Zimbabwe Media Policy
Director of Ceremonies; Vice President, Hon. Gen. (Rtd) Dr. C. G. D. N. Chiwenga; Vice President, Hon. Col. (Rtd) K. C. D. Mohadi; National Chairman of ZANU PF and Minister of Defence, Hon. O. C. Z. M...Published: 28 May 2025 at 13:13hrs | 473 | by Emmerson Dambudzo Mnangagwa
Zimbabwe turns to sugar, fast foods, and booze for revenue
Zimbabwe's Treasury is relying heavily on taxes imposed on sugar, fast food, and alcoholic beverages to recoup hundreds of millions of dollars lost following sharp cuts in official development assista...Published: 28 May 2025 at 11:02hrs | 420 | by `
There were no Zvigananda under Smith because Rhodesians loved Zimbabwe more than ZANU-PF!
There is something tragically ironic about the state Zimbabwe finds itself in today.A country that was once described by none other than former Tanzanian President Julius Nyerere as the "jewel...Published: 27 May 2025 at 20:45hrs | 1237 | by Tendai Ruben Mbofana
Chin'ono criticises Mnangagwa's new radio licence law
The Zimbabwean government has introduced a new regulation requiring all motorists to purchase a radio licence before renewing their vehicle road tax, a move that has drawn widespread condemnation from...Published: 26 May 2025 at 19:42hrs | 1870 | by Staff reporter
Friends jailed 27 years for donkey cart murder
Two friends who abducted and brutally murdered a well-known businessman in Lower Gweru using a donkey cart as their getaway vehicle have been sentenced to 27 years in prison, bringing closure to a har...Published: 26 May 2025 at 08:26hrs | 732 | by Staff reporter
Load More Stories
