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Our natural resources are our taxes
Dear Finance Minister, Prof Mthuli NcubeSurely, why the 1% property tax, let us tax our minerals. Zimbabwe is considered rich in minerals because it possesses significant quantities of v...Published: 09 Dec 2023 at 14:15hrs | 12 | by Engineer Jacob Kudzayi Mutisi
Mthuli Ncube speaks on the IMMT 2% Tax
Finance and Economic Development Minister Mthuli Ncube has made it clear that the Intermediate Money Transfer Tax (IMTT) charged at 2% will not be scrapped.Legislators have made a call to the ...Published: 21 Dec 2022 at 13:33hrs | | by Mzingaye Nxumalo
Fresh calls to scrap Mthuli Ncube tax
ZIMBABWE'S 2% intermediated money transfer tax (IMMT) is the highest charge on electronic transactions across Africa and should be scrapped because it affects the poor more, non-governmental organisat...Published: 16 Sep 2022 at 06:08hrs | | by Staff reporter
Zimbabwe economy urgently needs tax reforms
For the fourth consecutive year, the Zimbabwe Revenue Authority (ZIMRA) has been exceeding budgeted quarterly and annual revenue targets (in ZW Dollar and in US Dollar terms). Even though the economy ...Published: 01 Apr 2022 at 12:40hrs | | by Victor Bhoroma
Zimra records Z$161bn gross revenue Q4 2021
THE ZIMBABWE Revenue Authority (Zimra) has recorded Z$161 billion in gross revenue collections for the fourth quarter ended 31 December 2021, which is 48,9 percent above target.Despite the inf...Published: 31 Jan 2022 at 05:44hrs | 2 | by Staff reporter
2022 National Budget Expectations
Zimbabwe's national budget for 2021 is expected to be presented within the coming 30 days amid fears of a resurgence in high levels of inflation. The country's annual inflation dropped from 363% recor...Published: 01 Nov 2021 at 14:30hrs | 8 | by Victor Bhoroma
Govt will keep digging in on currency
IN the week under review the Zimbabwean dollar (Zimdollar) swept past the psychological 1:90 mark. The local unit has been losing ground against the United States dollar on a weekly basis, for 24 stra...Published: 15 Oct 2021 at 20:20hrs | | by Respect Gwenzi
Cash-only businesses dodging taxes
Harare's downtown businesses and other informal sector players have found a way of avoiding taxes by demanding cash transactions only, and strictly in US dollars, forcing customers to buy the greenbac...Published: 10 Oct 2021 at 06:35hrs | | by Staff reporter
Chamisa wants 2% tax scrapped
MDC Alliance President Nelson Chamisa Thursday called for the immediate scrapping of the government's contentious 2% tax to spur business growth before he went on to criticise the state for failing to...Published: 30 Jan 2021 at 06:02hrs | | by Staff reporter
Strict RBZ policies on EcoCash result in $2 billion tax revenue decline
GOVERNMENT'S tough decision to throttle leading mobile money transfer agent, Ecocash has backfired with the Zimbabwe Revenue Authority (ZIMRA) recording a $1.9 billion decline on the 2 % revenue tax c...Published: 27 Oct 2020 at 07:03hrs | | by Staff reporter
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