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Harare firm fined for failing to submit Income Tax and PAYE returns
A Harare-based company, Investible Investments (Private) Limited, has been fined US$300 by the Harare Magistrates Court after it was found guilty of failing to submit income tax and Pay As You Earn (P...Published: 03 Jul 2025 at 19:07hrs | 967 | by Staff reporter
Zimra in tax compliance drive
The Zimbabwe Revenue Authority (Zimra) has introduced a series of taxpayer self-service kiosks across the country in a bid to simplify and improve the tax compliance process for individuals and busine...Published: 16 Apr 2025 at 23:29hrs | 392 | by Staff reporter
Zimra upgrades PAYE Management System
The Zimbabwe Revenue Authority (Zimra) officially launched its new Employee Management Module on Monday, as part of its ongoing efforts to improve tax collection efficiency through the Tax and Revenue...Published: 05 Feb 2025 at 11:52hrs | 153 | by Staff reporter
'ZiG defence plan doomed'
The introduction of Zimbabwe's gold-backed currency, Zimbabwe Gold (ZiG), has faced a series of severe setbacks, pushing the economy deeper into turmoil, according to a new report by the Confederation...Published: 05 Oct 2024 at 16:35hrs | 2670 | by Staff reporter
Mnangagwa niece's legacy woes haunt ZBC
THE Zimbabwe Broadcasting Corporation (ZBC) is grappling with serious management challenges linked to Helliate Rushwaya - the newly appointed board chair - during her tenure as the acting chief execut...Published: 10 Mar 2024 at 06:51hrs | 25 | by Staff reporter
Zimbabwe's house negroes
THERE was once a fire at the slave master mansion and the house negro was heard wailing: "Our house is on fire!" much to the astonishment of the field negroes.This small anecdote flashed and r...Published: 23 Dec 2023 at 10:21hrs | 14 | by Paidamoyo Muzulu
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 | 25 | by Engineer Jacob Kudzayi Mutisi
Professor Ncube readies Zimbabwe's budget
AS Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, readies to present the 2024 National Budget tomorrow, expectations are high that it will consolidate prevail...Published: 29 Nov 2023 at 05:08hrs | 16 | by Staff reporter
Mnangagwa's personalization of government programs divisive and counter-productive
So, now there is a 'Miners for ED' group!Another, in a long line of shady organizations that have mushroomed over the recent past – a...Published: 20 Nov 2022 at 16:06hrs | 3 | by Tendai Ruben Mbofana
Scrap 2% tax, citizens tell Govt
Citizens have demanded that the 2% transaction tax be scrapped, saying it is a burden to the already financially hamstrung and over-taxed population.This came out on Monday during the 2023 pre...Published: 05 Oct 2022 at 06:37hrs | 2 | by Staff reporter
Zimra rolls out self-service kiosks
The Zimbabwe Revenue Authority (Zimra) has started rolling out self service facilities (Kiosk) for clients in a move to enhance efficiency in tax remittance as well as improve collections, especially ...Published: 27 Sep 2022 at 05:49hrs | 2 | by Staff reporter
Mine workers to address overtaxing and poor salaries
MINE workers unions are pushing for US$600 salaries per month just like their peers in neighbouring countries.Workers in the sector were recently awarded a 24.5 percent salary hike following c...Published: 12 Dec 2021 at 19:16hrs | 11 | by Staff reporter
Business pushes for double taxation removal
Industry wants Treasury to make the intermediated money transfer tax (IMTT) - commonly referred to as the 2 percent tax - tax deductible, arguing it has become a significant and additional cost to bus...Published: 05 Dec 2021 at 06:11hrs | 8 | by Staff reporter
CZI pushes for tax reviews
THE Confederation of Zimbabwe Industries (CZI) says government must review policy free thresholds upwards and increase civil service salaries in the upcoming 2022 national budget to boost consumer spe...Published: 17 Oct 2021 at 09:09hrs | 5 | by Staff reporter
Why are Zimbabwean companies failing to pay taxes?
A ZIMBABWE Revenue Authority (Zimra) annual report for 2020 released last week confirmed the heavy burden that the country's industries are battling to contain — outstanding taxes are mounting, and ...Published: 20 Sep 2021 at 07:13hrs | 2 | by Staff reporter
Companies struggle to pay $7 billion tax
ZIMBABWE'S private sector owed the Zimbabwe Revenue Authority (Zimra) $6,5 billion in unpaid taxes at the end of last year, according to an annual report released by the tax collector.Zimra sa...Published: 13 Sep 2021 at 06:07hrs | 6 | by Staff reporter
Zimbabwean cargo transportation firms have collapsed
SEVERAL Zimbabwean cargo transportation firms have collapsed under the weight of punitive taxes and fees charged by State agencies manning trunk roads, as hundreds of northbound foreign haulage trucks...Published: 06 Aug 2021 at 07:50hrs | 3 | by Staff reporter
SMM workers want administrator fired over US$43m salary arrears
SHABANIE and Mashava Mines Holdings (SMM) has accrued a debt of over US$43 million in salary arrears and unremitted pension contributions, it has emerged.This was revealed in an application re...Published: 24 Apr 2021 at 07:10hrs | 11 | by Staff reporter
Zimra beats revenue target
Government surpassed its revenue collections' target for the fourth quarter to December 2020 with five out of the 11 revenue heads performing above their quarterly targets while six heads performed be...Published: 07 Apr 2021 at 06:46hrs | | by Staff reporter
Informal sector not affected by 2% tax
AN OPPOSITION legislator has called on Finance minister Mthuli Ncube to stop collecting the 2% electronic transaction tax, saying it was burdening workers only as the informal sector was now transacti...Published: 15 Dec 2020 at 06:17hrs | 1 | by Staff reporter
2021 National Budget: The Good & the Bad
Zimbabwe's 2021 national budget set a taxing agenda with a 126% jump in budgeted revenues from ZW$173 billion (About US$2.12 billion) anticipated in 2020 to ZW$391.8 billion (US$4.8 billion) budgeted ...Published: 14 Dec 2020 at 13:54hrs | 1 | by Victor Bhoroma
ZCTU backs Mthuli Ncube's strategy
THE Zimbabwe Congress of Trade Unions (ZCTU) has backed Finance Minister Mthuli Ncube for coming up with his National Development Strategy 1 (NDS1) which sets out clear job creation and economic growt...Published: 09 Dec 2020 at 05:40hrs | | by Staff reporter
Mthuli Ncube should increase 2% tax to 5%, says Eddie Cross
ECONOMIST Eddie Cross Friday left business executives and other invited guests at the CEO Africa Roundtable in Harare, in shock after he proposed that Finance Minister Mthuli Ncube must increase trans...Published: 05 Dec 2020 at 06:23hrs | | by Staff reporter
Call for meaningful reforms grow louder for Mnangagwa
PRESIDENT Emmerson Mnangagwa's recent jaunt to Japan in search of elusive investment has once again brought to the fore the futility of his numerous trips outside the country without introducing polit...Published: 06 Sep 2019 at 07:40hrs | 1 | by Staff reporter
Mthuli Ncube to unveil new measures
Finance and Economic Development Minister Mthuli Ncube is today expected to present his 2019 Mid-Term Budget Review Statement, amid high expectations for measures to improve disposable incomes, boost ...Published: 01 Aug 2019 at 09:13hrs | | by Staff reporter
Mthuli Ncube to slash PAYE, VAT
Government has said it is considering lowering the income tax structure to stimulate demand for goods and services by reducing the Value Added Tax (VAT) and Pay As You Earn (PAYE) tax heads.Fi...Published: 19 Jul 2019 at 09:41hrs | 2 | by Staff reporter
Mnangagwa's govt targets unregistered downtown shops
GOVERNMENT will soon pounce on unregistered shops in downtown Harare, which it blames for fuelling the parallel market for foreign currency and other illegal activities, Industry and Commerce Minister...Published: 10 Jul 2019 at 20:42hrs | | by Staff reporter
Govt mulls scrapping forex duty for vehicles
TREASURY is considering scrapping the payment of duty for vehicles in foreign currency when it presents the mid-year fiscal policy at the end of this month, it has been revealed.On June 24, th...Published: 07 Jul 2019 at 21:30hrs | 1 | by Staff reporter
Prophet Magaya fails to repay $23 million loan
PROPHETIC Healing and Deliverance (PHD) Ministries leader Walter Magaya and his wife, Tendai, have been taken to the High Court for failure to repay a US$23 million loan to Homelink Finance (Private) ...Published: 10 May 2019 at 06:43hrs | 1 | by Staff reporter
Zimra targets tax dodgers
WHEN the taxman pays an impromptu visit, they all shut their doors; and when he calls-in everyone stampedes for the exits just to get a good reason to say "no one heard the call".Very few peop...Published: 07 Apr 2019 at 16:18hrs | 1 | by Staff reporter
Churches must pay tax
CHURCHES must comply with the laws of the land and must not be exempted from paying taxes for their commercial ventures.This was said by the Zimbabwe Council of Churches general secretary Reve...Published: 30 Mar 2019 at 23:01hrs | 2 | by Staff reporter
Prophet Magaya tax case kicks off
THE tax trial of Prophetic Healing and Deliverance Ministries (PHD) church founded by self-proclaimed prophet Walter Magaya kicked off yesterday, with the church pleading not guilty to all four charge...Published: 27 Mar 2019 at 15:25hrs | | by Staff reporter
Zimra collects $516m in January
The government has realised $516 million from tax collections in January, according to official statistics from the Zimbabwe Revenue Authority. The governme...Published: 13 Feb 2019 at 15:33hrs | | by Staff reporter
ZBC takes 5 ex-bosses to court over $6m prejudice
The Zimbabwe Broadcasting Corporation (ZBC) has dragged its four ex-senior executives and former board chairperson Cuthbert Dube to court for allegedly illegally benefitting themselves from $6 million...Published: 13 Feb 2019 at 08:46hrs | 2 | by Staff reporter
Zimra to up surveillance on businesses
ZIMBABWE Revenue Authority (Zimra) says it will embolden its surveillance on companies and closely monitor businesses trading in forex in order to compel them to pay taxes in foreign currency....Published: 24 Dec 2018 at 19:25hrs | 1 | by Staff reporter
Zimra reminds its clients
The Zimbabwe Revenue Authority (ZIMRA) hereby reminds clients whose taxable income includes amounts which are not subject to Pay As You Earn (PAYE) of the following due dates for the payment of Provis...Published: 18 Dec 2018 at 06:29hrs | 1 | by Staff reporter
Doctors struck off the payroll
Negotiations meant to end the nearly 2-week-long strike by junior doctors have suffered a blow after hitches in the payment of the doctors' December salaries.The junior doctors were supposed t...Published: 16 Dec 2018 at 16:20hrs | 1 | by Staff reporter
Voluntary disclosure by churches and religious organisations
The Zimbabwe Revenue Authority (Zimra) encourages churches and other religious organizations to review their tax affairs and make voluntary disclosures where there is any income omitted from returns s...Published: 22 Nov 2018 at 08:32hrs | | by Zimra
'Trade in forex, pay tax in forex'
The Zimbabwe Revenue Authority has directed businesses that are trading in multi-currencies to remit taxes in the same currency in which the goods have been sold. "Zimbabwe Revenue Authority h...Published: 19 Nov 2018 at 05:56hrs | | by Staff reporter
PAYE due date
PAY AS YOU EARN (PAYE) DUE DATE OCTOBER 2018 The Zimbabwe Revenue Authority (ZIMRA) hereby urges its valued clients registered for Pay As You Earn (PAYE) or required to be registered to take note ...Published: 08 Nov 2018 at 10:19hrs | | by Zimra
Zimra to crack whip on tax dodgers
Government is considering giving the Zimbabwe Revenue Authority (Zimra) absolute powers to descend heavily on tax dodging companies so as to recover the outstanding $4,5 billion. Finance and E...Published: 02 Nov 2018 at 05:43hrs | 1 | by Staff reporter
Mnangagwa's government desperately needs money to finance its operations
IT is an undeniable fact that President Emmerson Mnangagwa's government desperately needs to raise money to finance its operations.However, we believe the regime ought to have properly account...Published: 18 Oct 2018 at 06:50hrs | | by Editorial - newsday
ZCTU sets Mthuli Ncube tax protests date
THE Zimbabwe Congress of Trade Unions (ZCTU) has called on its members to take to the streets on Thursday in a nationwide protest against Finance minister Mthuli Ncube's 2% tax, after rubbishing a rev...Published: 08 Oct 2018 at 07:59hrs | | by Staff reporter
Baptism of fire for Mthuli Ncube, ZCTU says 2% tax protest goes ahead
THE umbrella body of all labour unions in Zimbabwe, the Zimbabwe Congress of Trade Unions (ZCTU) has declared to go ahead with a protest against Finance Minister Mthuli Ncube's 2% tax after, rubbishin...Published: 07 Oct 2018 at 09:11hrs | 1 | by newzimbabwe
Electronic payment costs review progressive - analysts
Government has reviewed tax for all electronic transactions from 5 cents per transaction to 2 cents per dollar with both monetary and fiscal authorities commending the new system, which now captures t...Published: 03 Oct 2018 at 07:16hrs | | by Staff reporter
Bid to spite whistle-blower backfires on Zimra official
The Zimbabwe Revenue Authority (Zimra) has suspended its commissioner responsible for investigations Charles Jaure with immediate effect after he was implicated in a bribery case in which he allegedly...Published: 13 Sep 2018 at 06:14hrs | 1 | by Staff reporter
Zimra calls for Income Tax returns
The Zimbabwe Revenue Authority (Zimra) says the window is still open for the submission of Income Tax Returns, critical for the issuance of tax clearance certificates.Zimra had earlier indicat...Published: 28 Jun 2018 at 15:57hrs | | by Staff reporter
Zimbabwe targets tax cuts for SMEs
The Zimbabwe Revenue Authority (Zimra) plans to cut taxes for small to medium enterprises (SMEs) as part of efforts to help them formalise their operations through compliance.A working paper t...Published: 03 Jun 2018 at 08:20hrs | 2 | by Staff Reporter
Mnangagwa grants tax amnesty to defaulters
The Zimbabwean government has announced a tax amnesty to defaulting clients in a bid to encourage them to regularize their tax affairs, revenue collector the Zimbabwe Revenue Authority (ZIMRA) said in...Published: 21 Mar 2018 at 14:37hrs | 1 | by Xinhua
Church leaders engage Zimra over church tax
Church leaders in Bulawayo have engaged ZIMRA officials over the taxation of religious organisations on the criteria used to define churches viewed as operating business entities.The taxation ...Published: 27 Oct 2017 at 14:08hrs | 2 | by Staff reporter
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