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Basics disappear from Zimbabwe shop shelves
ZIMBABWEAN retailers are struggling to restock locally produced goods using the local unit as manufacturers and wholesalers are turning them away in favour of those that pay in the United States dolla...Published: 15 Mar 2024 at 07:19hrs | 4 | by Staff reporter
Zimbabwe MPs push for wealth tax
LEGISLATORS have urged Finance minister Mthuli Ncube to introduce a wealth tax to increase the country's revenue base and bolster social safety nets.Contributing to debate on the Finance Bill ...Published: 08 Dec 2022 at 05:08hrs | | by Staff reporter
Rich pickings for whistle-blowers
Whistle-blowers who outed corporates involved in tax-related offences have pocketed more than $29 million from the Zimbabwe Revenue Authority (Zimra) over the last four years after assisting the tax-m...Published: 26 Jun 2022 at 08:10hrs | | by Staff reporter
Zimra targets US$ tax evaders
THE Zimbabwe Revenue Authority (Zimra) has launched an operation targeting companies not paying taxes in United States dollars despite selling their goods and services in foreign currency.Sect...Published: 08 Apr 2022 at 06:48hrs | | by Staff reporter
Zimra pounces on tax evaders, recovers US$8m
THE Zimbabwe Revenue Authority (Zimra) has said it has completed investigations of 142 cases of tax evasion and recovered over $750 000 and US$8 million since the beginning of the year.This wa...Published: 09 Oct 2021 at 07:31hrs | 4 | by Staff reporter
How whistle-blowers are gaming the Zimra system
WHILE the gazetting of a statutory instrument on whistle-blowers who help sniff out tax evaders was seen as a useful move in promoting accountability, recent events and investigations have shown that ...Published: 19 Jun 2021 at 15:06hrs | | by Staff reporter
Zimra launches witch-hunt
TOP Zimbabwe Revenue Authority (Zimra) executives are panicking over recent revelations by The NewsHawks of corruption involving the tax collector's multi-million-dollar whistle-blowing fund as they s...Published: 13 Jun 2021 at 19:59hrs | | by Staff reporter
Multi-million dollar whistleblowing corruption scandal rocks Zimra
MASSIVE corruption - which has dragged on for years - is rocking the Zimbabwe Revenue Authority (Zimra)'s multi-million-dollar whistle-blower fund which the tax collector's senior officials are lootin...Published: 26 May 2021 at 16:23hrs | 2 | by Staff reporter
Mr Mnangagwa, you have spoken more than you acted
DEAR President Emmerson Mnangagwa,It is with a heavy heart and a trampled soul that I write this letter to you.Since your ascendancy to power via a military-assisted coup in November...Published: 19 May 2021 at 06:47hrs | | by Cliff Chiduku
Teachers fume over Zacc extra lessons probe
TEACHERS' unions yesterday castigated the Zimbabwe Anti-corruption Commission (Zacc) for probing teachers who are conducting extra lessons, saying that it was a waste of government resources to pursue...Published: 18 May 2021 at 06:49hrs | | by Staff reporter
Zimra engulfed in corruption storm over whistle-blowers
THE Zimbabwe Revenue Authority (Zimra), which operates a whistleblower facility in a bid to eradicate tax fraud and duty evasion, is caught in a damaging storm of corruption in which its senior office...Published: 17 Apr 2021 at 16:24hrs | | by Staff reporter
A tale of Zimbabwe's oxymoronic justice system
THE justice system in Zimbabwe is an oxymoron. It's difficult to understand how the law operates, but one is tempted to conclude that incarceration in Zimbabwe is just designed for the poor and those ...Published: 21 Dec 2020 at 06:35hrs | | by Muchemwa Silence Mugadzaweta
Fuel smugglers, tax evaders warned
Government has issued a stern warning to fuel smugglers and tax evaders, as it moves in to plug revenue leakages that have been negatively impacting the country's economic growth.A post-budget...Published: 30 Nov 2020 at 18:28hrs | | by Staff Reporter
Mthuli Ncube shoots down $1,1 trillion budget proposal
FINANCE minister Mthuli Ncube has shot down requests by different ministries and departments for a $1,1 trillion 2021 national budget due to inadequate revenue.Ncube is expected to announce a ...Published: 25 Nov 2020 at 04:45hrs | | by Staff reporter
Zacc recovers $10m from looters
THE Zimbabwe Anti-Corruption Commission (ZACC) has recovered over $10 million since it assumed office and has vowed to continue pouncing on Government officials who abuse their positions for self-enri...Published: 29 Aug 2019 at 07:14hrs | | by Staff reporter
Zimra cracks whip on tax defaulters
Taxable entities that delay their tax remittances face stiffer penalties after Finance and Economic Development Minister Mthuli Ncube hiked interest on outstanding debts by 400 percent. Intere...Published: 03 Aug 2019 at 09:17hrs | | by Staff reporter
Zimra moves on amnesty headache
The Zimbabwe Revenue Authority (ZIMRA) is working on legislation which will help the tax collection agency reconcile recent tax amnesty transactions amid revelations that business is losing millions i...Published: 15 May 2019 at 09:30hrs | 4 | by Staff reporter
Zimra cracks down on tax avoidance
Zimbabwe's tax agency is cracking down on tax avoidance in both the public and private sector via underhand deals to try and recoup millions in lost State income, the head of the Zimbabwe Revenue Auth...Published: 02 Apr 2019 at 13:31hrs | | by Staff reporter
Zimbabwe approaching point of no return
Long-suffering Zimbabweans should brace themselves for more price hikes and shortages of basic goods, after stressed companies said yesterday that they were left with an average of about 10 days' wort...Published: 12 Jan 2019 at 17:30hrs | | by Staff reporter
Zimra promises hard times for tax dodgers
Zimra will launch the country's biggest tax dragnet to swoop on tax evaders, estimated to be more than 70% of the country's registered taxpayers, after the expiry of a government-sanctioned grace peri...Published: 13 Dec 2018 at 06:07hrs | | by Staff reporter
Zimbabwe's rich and famous are quaking in their boots
The country's rich and famous are quaking in their boots after the Zimbabwe Revenue Authority (Zimra) launched a massive crackdown on tax evaders, as President Emmerson Mnangagwa's government clamps d...Published: 21 Nov 2018 at 13:02hrs | | by Staff reporter
Mnangagwa's govt targets rich, famous
The country's rich and famous are quaking in their boots after the Zimra launched a massive crackdown on tax evaders, as President Emmerson Mnangagwa's government clamps down on rampant corrupt activi...Published: 21 Nov 2018 at 06:11hrs | | by Staff reporter
Unexpalined wealth: Mnangagwa digs in
Wealthy Zimbabweans are in for a fix after President Mnangagwa has pronounced they must explain their source of wealth otherwise it will be deemed as ill gotten wealth. "People should...Published: 10 Nov 2018 at 09:31hrs | | by Mandla Ndlovu
Mnangagwa coming after cartels
PRESIDENT Emmerson Mnangagwa yesterday vowed to clamp down on cartels involved in various corrupt activities such as fraud, money-laundering, insider trading and manipulation of government procurement...Published: 09 Nov 2018 at 05:16hrs | | by Staff reporter
Tax evaders give Zimra headaches
Organised criminal networks, smuggling syndicates and gold cartels are costing government millions of dollars and complicating Zimbabwe Revenue Authority (Zimra)'s revenue collection efforts.T...Published: 06 Nov 2018 at 11:40hrs | | by Staff reporter
Zimbabwe owed over $4,5bn by tax dodgers
Government is owed over $4,5 billion by tax evaders, Finance ministry secretary George Guvamatanga has said.Presenting the 2018 expenditures and 2019 budget priorities before the parliamentary...Published: 31 Oct 2018 at 13:29hrs | | by Staff reporter
Mnangagwa to do a Narendra Modi on Zimbabwe black market?
There are whispers the President Emmerson Mnangagwa will come hard on the black market with some saying he will do what Indian Prime Minister Narendra Modi did in India in 2016. The secrecy with which...Published: 11 Oct 2018 at 18:17hrs | | by Ndoro Tafadzwa
Zimra will not extend six-month tax amnesty
THE Zimbabwe Revenue Authority (Zimra) has said it will not extend the six-months tax amnesty granted to businesses which expires on Saturday and will descend heavily on tax evaders soon after the exp...Published: 26 Jun 2018 at 07:01hrs | | by Staff reporter
'Extension of sanctions claims are is hogwash'
An MDC official Discent Collins Bajila has described the claims that opposition officials invited to the USA went there for extension of sanctions against Zanu-PF as hogwash.He said the idea t...Published: 15 Dec 2017 at 08:19hrs | | by Stephen Jakes
Zimra optimistic of surpassing $3,4bn target
The Zimbabwe Revenue Authority (Zimra) is optimistic that it will surpass this year's $3,4 billion revenue target on the back of measures that the authority has put in place to enhance revenue collect...Published: 01 Dec 2017 at 05:04hrs | | by Staff reporter
Zimra officials abuse electronic cargo system
Zimbabwe Revenue Authority (Zimra) officials are prejudicing Government of money running into millions of dollars in potential revenue by failing to implement laid down procedures on transit cargo, th...Published: 30 Aug 2017 at 06:34hrs | | by Staff reporter
Businesses grumble over fiscal devices
SOME businesses which are expected to be in the process of installing fiscal devices are still grumbling about the price of fiscal devices, but the Zimbabwe Revenue Authority (Zimra) is determined...Published: 22 Jan 2017 at 12:07hrs | | by Staff reporter
ZIMRA thrives to increase collections
The ZIMRA Board Chairperson, Mrs Willia Bonyongwe, has applauded the Authority for stepping up its efforts to collect revenue for the fiscus despite the prevailing economic challenges in 2016....Published: 21 Jan 2017 at 06:08hrs | | by Stephen Jakes
Zimra introduces new tax management system
The Zimbabwe Revenue Authority (zimra) has introduced a new tax management system that captures real time financial and statistical data from traders to advise Government accordingly on policies relat...Published: 15 Dec 2015 at 05:04hrs | | by Tendai Mugabe and Joan Tsikira
Zimra misses target
The Zimbabwe Revenue Authority (ZIMRA) has missed its third quarter revenue target by about nine percent.ZIMRA had set a target to collect US$964 million in the third quarter but managed US$87...Published: 01 Nov 2015 at 15:56hrs | | by Staff reporter
7 500 Zimbabwean tax cheats hide millions
At least 7 500 tax evaders have prejudiced Treasury of millions of dollars in unremitted dues since introduction of the multi-currency system in 2009.This emerged when the Zimbabwe Revenue Aut...Published: 01 Nov 2015 at 08:58hrs | | by Lincoln Towindo
Africa's tax administrators set to meet on October 20 to 22
The Zimbabwe Revenue Authority has said debate on Illicit Financial Flows will steal limelight at 2nd International Conference on Tax in Africa when Tax administrators from all over Africa meet from ...Published: 20 Oct 2015 at 07:53hrs | | by Stephen Jakes
Zimbabwe tax penalty punitive
Although Zimbabwe's tax rates compare favourably with those in neighbouring countries, the country's penalty system has been condemned as excessively punitive.The Zimbabwe Revenue Authority (Z...Published: 16 Oct 2015 at 07:21hrs | | by Staff reporter
Zimra to name, shame tax evaders
The Zimbabwe Revenue Authority will name and shame tax evaders, as Government seeks to increase efficiency and effectiveness in tax collection. Members of the National Assembly approved the proposal o...Published: 01 Oct 2015 at 06:18hrs | | by Lloyd Gumbo
Zimra moves on tax evaders
The Zimbabwe Revenue Authority (Zimra) is working on a real-time invoice management system, as it moves to net tax evaders. A Chinese IT firm, Inspur, is set to complete the pilot project ...Published: 16 Sep 2015 at 07:53hrs | | by Staff reporter
Zimra to name, shame tax evaders
THE Zimbabwe Revenue Authourity (Zimra) is set to name and shame tax offendors if Parliament adopts the latest treasury proposals. The new Finance Bill, which is set for debate when Parliament resumes...Published: 10 Sep 2015 at 06:45hrs | | by Clemence Manyukwe
Zanu-PF bigwigs face lifestyle audit
Zimbabwe's filthy rich tycoons Zanu-PF bigwigs and wheeler dealers who live in lavish mansions sprawling across vast acres of space with landscaped surroundings and drive luxury cars, face a lifes...Published: 13 Mar 2015 at 08:26hrs | | by Staff reporter
'HSBC helped conceal over $100 billion in Swiss accounts'
Global banking giant HSBC for years catered to a motley crew of weapons dealers, tax evaders, tin-pot dictators and celebrities, using its private Swiss arm to shield accounts worth more than $100 bil...Published: 09 Feb 2015 at 10:38hrs | | by CNNMoney
Zimra goes after the rich and famous
Mansions owners will soon have to answer questions from the taxman after the Zimbabwe Revenue Authority (Zimra) commissioner general, Gershem Pasi, indicated that he would soon be launching an invest...Published: 16 Jul 2014 at 12:48hrs | | by Staff reporter
Security forces fingered in smuggling
Security forces operating along Zimbabwe's national boundaries are fingered in massive smuggling of various products as well as assisting smugglers to pass without apprehension. Criminals that ar...Published: 27 Jun 2014 at 14:37hrs | | by Suitable Kajau
Zimra raid Bulawayo businesses
Zimbabwe Revenue Authority (Zimra) Bulawayo branch has launched a tax blitz on city firms and closing tax evaders.Close to 30 officials raided Parkade Centre today demand tax from shop o...Published: 11 Jun 2014 at 15:00hrs | | by Staff reporter
Zimra launches tax blitz
THE Zimbabwe Revenue Authority (Zimra) has launched a blitz on business tax evaders in Bulawayo, imposing stiff penalties on registered operators not remitting taxes to the authority. The authority i...Published: 27 Nov 2013 at 03:31hrs | | by Business Reporter
Former Swiss private banker to give Wikileaks new data-paper (offshore bank accounts)
ZURICH: A former Swiss private banker who was one of the first whistleblowers to use WikiLeaks by publishing internal bank documents on the site has pledged to hand over new data on offshore bank ac...Published: 16 Jan 2011 at 21:11hrs | | by Byo24NEWS
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