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Defaulting RDC cut off

Local authorities across Manicaland are grappling with mounting unpaid water bills and rates, leaving councils with limited options, including rationing supplies and introducing prepaid water meters, as they struggle to maintain basic serv…

Published: 11 Jul 2025 at 08:36hrs | 158 | by Staff reporter

Zimra is now owed over $33 billion as defaults rise

THE Zimbabwe Revenue Authority (Zimra) has reported a 283,65% increase in debt to $33,25 billion in 2021 owing mostly to exporting firms indicating that the current tax regime remains too high for companies.The increase is from a 2020 comp…

Published: 24 Jul 2022 at 10:01hrs | 3 | by Staff reporter

Zinara pleads with DBSA after default

ZIMBABWE'S roads administrator revealed on Tuesday that it had re-engaged the Development Bank of South Africa (DBSA) to review terms of a US$206 million loan granted about seven years ago, following a string of defaults.Zimbabwe National …

Published: 24 Feb 2022 at 05:41hrs | 2 | by Staff reporter

Govt defaulting on hotel bill settlements

FINANCE minister Mthuli Ncube is reportedly struggling to settle hotel bills incurred over a period by government officials in various ministries and other departments.Tourism Business Council of Zimbabwe (TBCZ) immediate past president, T…

Published: 05 Sep 2020 at 09:33hrs | 23 | by Staff reporter

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Defaulting RDC cut off

Zimra is now owed over $33 billion as defaults rise

Zinara pleads with DBSA after default

Govt defaulting on hotel bill settlements

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