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Zimra surpasses revenue target by 10%

The Zimbabwe Revenue Authority (Zimra) has exceeded its 2024 revenue collection target by 10.26%, raking in ZWG116.47 billion against a projected ZWG105.63 billion, according to its latest annual report.The performance, which Zimra attribu…

Published: 25 Jun 2025 at 14:33hrs | 125 | by Staff reporter

Rental income dominates First Mutual Properties revenue

First Mutual Properties (FMP) says rental income remains its primary source of revenue, with the property investment firm intensifying efforts to diversify both its tenant base and portfolio to strengthen future earnings.In the group's fin…

Published: 05 May 2025 at 15:56hrs | 88 | by Staff reporter

Zimra targets US$7.155 billion in 2025 revenue collection drive

The Zimbabwe Revenue Authority (ZIMRA) has set an ambitious target to collect US$7.155 billion in tax revenue for 2025, reflecting a 17 percent increase from the 2024 target.ZIMRA, the government's revenue collection agency, plays a crucia…

Published: 03 Apr 2025 at 08:05hrs | 92 | by Staff reported

Revenue woes cripple Harare

The Harare City Council has collected only 40 percent of its targeted revenue for the first nine months of 2024, severely hampering its ability to deliver essential services. The council raised ZiG2.01 billion against a billing target of Z…

Published: 24 Nov 2024 at 09:57hrs | 163 | by Staff reporter

Sanctions have cost Zimbabwe US$150 billion

In the past 22 years, Zimbabwe has incurred a loss of over US$150 billion in potential revenue, opportunities, donor support, and loans due to the illegal sanctions imposed by the United States of America and the European Union. However, t…

Published: 26 Oct 2023 at 06:31hrs | 5 | by Staff reporter

Zimbabwe infrastructure upgrades to boost revenue performance

GOVERNMENT expects the on-going infrastructural development projects, particularly the upgrading of major highways, to impact positively on revenue performance through improved transport and logistics movement, which enhances trade facilit…

Published: 01 Aug 2022 at 06:34hrs | 6 | by Staff reporter

'Innscor revenue to rise 395%'

ADVISORY firm IH Securities has projected a 395% rise in revenue at the Zimbabwe Stock Exchange-listed conglomerate, Innscor Africa Limited, during the year to June 30 2021, underpinned by high consumer spending as lockdown restrictions ha…

Published: 25 Mar 2021 at 05:49hrs | 2 | by Staff reporter

Innscor revenue projected to top $345 million

FINANCIAL analysts Renaissance Capital have projected Innscor Africa Limited's revenue to increase by 8 percent to US$345 million in the first six months of its financial period to December 31, 2012."We expect that the group will report co…

Published: 05 Mar 2013 at 04:39hrs | 2 | by Business Reporter

Temporary importation of foreign registered motor vehicles

Did you know that the temporary importation of goods, including motor vehicles, is regulated by customs laws and regulations of this country? This weekâˆšÂ¢â€šÃ‡Â¨â€šÃ‘Â¢s article will focus on the temporary importation of foreign register…

Published: 20 Jan 2011 at 17:14hrs | 2 | by Zimra

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