Bulawayo24 News - Skyes! "it makes perfect sense"

Zimbabwe shelves wealth tax

The Zimbabwean Government has temporarily put on hold the implementation of its wealth tax, pending completion of necessary administrative and legislative adjustments, Finance, Economic Development and Investment Promotion Deputy Minister …

Published: 17 Sep 2025 at 07:53hrs | 70 | by Staff reporter

Zimbabwe's fee cuts are welcome

Zimbabwe's recent announcement of sweeping reductions to transport?related fees and levies - halving parking, clamping and towing fines, slashing the cost of vehicle number plates from US$500 to US$50, and repealing a US$23,000 transit fue…

Published: 13 Sep 2025 at 17:16hrs | 194 | by Tendai Ruben Mbofana

Tsvangirayi slams Zimra presumptive taxes

The Zimbabwe Revenue Authority (ZIMRA)'s newly introduced presumptive taxes will heap further hardship on vulnerable citizens already grappling with stagnant wages and soaring living costs, Norton legislator Richard Tsvangirayi has warned.…

Published: 10 Sep 2025 at 08:44hrs | 52 | by Staff reporter

'Zimbabweans paying 15 different taxes'

Former Finance Minister Tendai Biti has accused the government of overtaxing citizens, claiming that Zimbabwe is now the most heavily taxed country in Africa following the introduction of new presumptive taxes.In a statement posted on his …

Published: 09 Sep 2025 at 19:55hrs | 42 | by Staff reporter

Zimra appoints Zinara to collect taxes from kombis

The Zimbabwe Revenue Authority (ZIMRA) has officially appointed the Zimbabwe National Road Administration (ZINARA) as its agent for collecting presumptive taxes from selected transport operators, a move aimed at formalising tax compliance …

Published: 08 Sep 2025 at 15:15hrs | 406 | by Staff reporter

Revolt grows against Zimbabwe's punitive tax regime

Zimbabwe's fragile fiscal environment is fast morphing into a full-blown corporate crisis, with major companies publicly condemning government's "highly complex and punitive" tax system and increasingly turning to the courts for relief.Min…

Published: 05 Sep 2025 at 07:26hrs | 26 | by Staff reporter

Zimbabwe pledges tech-driven traffic system

The Government says it is prioritising a technology-based traffic management system to curb road carnage, amid growing calls in Parliament for police to be equipped with breathalysers to tackle drunk driving.During a debate in the National…

Published: 05 Sep 2025 at 07:00hrs | 67 | by Staff reporter

Children of war veterans call for 'fallen heroes exhumation tax'

Children of liberation war veterans are appealing to the Government to introduce a "Fallen Heroes Exhumation Tax" aimed at supporting the welfare, exhumation, and reburial of departed freedom fighters.The call was made by Gloria Kaisa, cha…

Published: 05 Sep 2025 at 06:59hrs | 200 | by Staff reporter

Sugar tax harming Zimbabweâ€™s beverage industry

Zimbabweâ€™s largest business lobby, the Confederation of Zimbabwe Industries (CZI), has raised concerns that the countryâ€™s sugar content surtax on beverages is crippling local manufacturers and undermining competitiveness, urging the go…

Published: 03 Sep 2025 at 09:02hrs | 17 | by Staff reporter

Stanbic Bank reports strong half-year 2025 profit after tax of ZWG682.2 million

Stanbic Bank Zimbabwe achieved a profit after tax of ZWG682.2 million for the half-year ended 30 June 2025, demonstrating robust growth and resilience in a challenging operating environment.This is a significant increase from the ZWG27.1 m…

Published: 01 Sep 2025 at 15:00hrs | 413 | by Staff Reporter

Businessman in court over alleged tax fraud

A company director has appeared in court accused of falsifying invoices and misrepresenting imports, in a case that allegedly cost the state more than US$40,000 in lost revenue.Ian Genesesi (31), director of Genesesi Logistics (Pvt) Ltd, w…

Published: 31 Aug 2025 at 09:27hrs | 134 | by Staff reporter

Zimra's new system sees number of tax payers double

Zimbabwe's new Tax and Revenue Management System (TaRMS) has more than doubled taxpayer registrations within a year, marking a major breakthrough in the country's tax administration.Figures presented by the Commissioner of Domestic Taxes, …

Published: 24 Aug 2025 at 09:51hrs | 542 | by Staff reporter

Digital shift boosts Zimbabwe's tax collections

Zimbabwe's domestic resource mobilisation drive has received a significant boost following the launch of a fully digital tax collection system, a move set to improve efficiency, reduce costs, save time, and close revenue leakages.The refor…

Published: 19 Aug 2025 at 09:02hrs | 150 | by Staff reporter

Zimbabwe's BMA in fresh drive to ditch sugar tax

The Beverage Makers Association (BMA) has renewed calls for the complete removal of Zimbabwe's Sugar Tax, warning that the levy threatens jobs, reduces formal manufacturers' tax contributions, and erodes competitiveness in the region.Intro…

Published: 08 Aug 2025 at 08:42hrs | 199 | by Staff reporter

Zimbabwe raises US$25.4 million from sugar tax

Zimbabwe has raised ZiG685.8 million, equivalent to approximately US$25.4 million, from the sugar content tax between January and May 2025, with the funds earmarked for the procurement of critical cancer treatment equipment and medication.…

Published: 03 Aug 2025 at 18:56hrs | 196 | by Staff reporter

Zanu-PF warns affiliates

ZANU-PF Manicaland provincial chairperson Tawanda Mukodza has issued a stern warning to party members to be vigilant against shadowy affiliate groups allegedly infiltrating the ruling party to foment divisions and disrupt unity.Several inf…

Published: 01 Aug 2025 at 08:06hrs | 289 | by Staff reporter

Zimbabwe govt mulls fresh taxes

Finance Minister Mthuli Ncube yesterday unveiled plans to impose new taxes, despite growing resistance from businesses and taxpayers who argue that Zimbabwe's current tax burden is already suffocating the formal economy.The announcement co…

Published: 01 Aug 2025 at 08:02hrs | 392 | by Staff reporter

Zimra, Delta in fresh spat over taxes

The Zimbabwe Revenue Authority (Zimra) is demanding an additional US$73 million in tax from Delta Corporation Limited, escalating tensions between the tax agency and one of the country's largest corporations. The demand, which covers the 2…

Published: 27 Jul 2025 at 21:04hrs | 524 | by Staff reporter

Mthuli Ncube promises major cuts within 2 weeks

Finance and Economic Development Minister Professor Mthuli Ncube has pledged sweeping policy reforms within the next two weeks aimed at boosting the viability of small-scale businesses across Zimbabwe.Speaking at an investment conference h…

Published: 27 Jul 2025 at 20:59hrs | 1492 | by Staff reporter

Delta loses US$74 million tax battle with ZIMRA

Delta Corporation has faced a major setback in its prolonged legal dispute with the Zimbabwe Revenue Authority (ZIMRA) after the Constitutional Court dismissed its appeal challenging previous rulings on disputed tax assessments amounting t…

Published: 13 Jul 2025 at 11:16hrs | 109 | by Staff reporter

Zimbabwe considering a Congestion Tax?

Harare is facing escalating challenges due to increasing motorisation, which has led to a congested and often polluted central business district (CBD). This congestion is affecting timely access to work, social services, and daily activiti…

Published: 05 Jul 2025 at 14:59hrs | 298 | by Staff reporter

Starafrica feels the pinch of sugar tax

Local sugar producer Starafrica Corporation says it is grappling with weak demand for industrial sugar, with the government-imposed sugar tax on beverages negatively affecting some of its key customers.In 2024, the Zimbabwean government in…

Published: 04 Jul 2025 at 12:33hrs | 118 | by Staff reporter

Councillors propose harsher penalties for littering

Bulawayo city councillors are pushing for stiffer penalties against littering, arguing that current fines are too lenient to effectively deter illegal dumping and growing urban filth, especially in the central business district.During a fu…

Published: 03 Jul 2025 at 19:07hrs | 132 | by Staff reporter

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 (PAYE) returns within the statutory timef…

Published: 03 Jul 2025 at 19:07hrs | 977 | by Staff reporter

Zimra faces deepening tax enforcement crisis

The Zimbabwe Revenue Authority (ZIMRA) is grappling with a growing tax enforcement crisis as the dominance of the cash economy, rampant informality, and high-profile tax disputes expose critical weaknesses in the country's tax collection s…

Published: 26 Jun 2025 at 11:26hrs | 1664 | by Staff reporter

Zimbabwe Parliament demands removal of punitive taxes

Parliament has sharply escalated pressure on Treasury to urgently scrap punitive taxes, including the highly contentious 2% Intermediated Money Transfer Tax (IMTT), by August 31, 2025, in a bid to halt the worsening crisis engulfing Zimbab…

Published: 26 Jun 2025 at 11:25hrs | 1744 | by Staff reporter

Khupe demands Ministerial statement on use of US$38m sugar tax

Citizens Coalition for Change (CCC) legislator Dr Thokozani Khupe has called on the Ministry of Finance to urgently deliver a ministerial statement detailing how the US$38 million raised from the sugar tax has been used, amid growing conce…

Published: 25 Jun 2025 at 17:17hrs | 294 | by Staff reporter

Zimbabwe's Health Ministry details use of sugar tax revenue

The Ministry of Health and Child Care has broken its silence on the use of sugar tax revenues, providing an official account of funds received from the Treasury and how they have been allocated towards cancer treatment equipment procuremen…

Published: 22 Jun 2025 at 09:12hrs | 107 | by Staff reporter

Tax evasion bleeds Zimbabwe economy

Humanitarian organisation ActionAid Zimbabwe has expressed deep concern over the rampant levels of tax evasion in the country, warning that this undermines the pool of funds available for national development and public services.Transparen…

Published: 21 Jun 2025 at 09:44hrs | 98 | by Staff reporter

Mthuli Ncube under pressure to ease tax burden

Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands for cuts in taxes and reductions in the…

Published: 19 Jun 2025 at 11:24hrs | 1287 | by Staff reporter

Zimbabwe turns to sugar, fast foods, and booze for revenue

Zimbabwe's Treasury is relying heavily on taxes imposed on sugar, fast food, and alcoholic beverages to recoup hundreds of millions of dollars lost following sharp cuts in official development assistance (ODA), it has emerged.In the 2025 N…

Published: 28 May 2025 at 11:02hrs | 427 | by `

Zimra tax audit blitz alarms Zimbabwe business

The Zimbabwe National Chamber of Commerce (ZNCC) has raised concerns over the Zimbabwe Revenue Authority's (Zimra) intensified audit regime, warning that aggressive tax enforcement is placing undue cost pressures on businesses and may disc…

Published: 24 May 2025 at 10:59hrs | 239 | by Staff reporter

Zimbabwe's Victoria Falls tax haven takes solid shape

The Zimbabwean government has taken a bold step toward transforming Victoria Falls into a leading regional financial hub with the establishment of the Victoria Falls International Financial Services Centre (VFIFSC), a multi-currency specia…

Published: 29 Apr 2025 at 12:06hrs | 671 | 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 businesses. The initiative, which began with …

Published: 16 Apr 2025 at 23:29hrs | 400 | by Staff reporter

Trump unveils new global tariffs, Zimbabwe faces 18% reciprocal tax

US President Donald Trump on Wednesday acted on his campaign promises to "build that wall" and announced a raft of tariffs targeting countries around the world, including some of America's closest trading partners, in a move that risks spa…

Published: 03 Apr 2025 at 08:00hrs | 746 | by Staff reported

Mnangagwa gazettes Zimbabwe, Belarus tax agreement

President Emmerson Mnangagwa has officially gazetted the tax agreement between Zimbabwe and the Republic of Belarus, a deal initially concluded in January 2023. This development was announced in Proclamation 2 of 2025, included in Statutor…

Published: 10 Mar 2025 at 08:28hrs | 264 | by Staff reporter

Zimra enforces tax compliance for Professionals

The Zimbabwe Revenue Authority (Zimra) has reaffirmed regulations requiring individuals under specified professional bodies to present valid tax clearance certificates before renewing or registering their practicing licenses. The directive…

Published: 30 Jan 2025 at 06:39hrs | 425 | by Staff reporter

Delta challenges US$73 million tax assessments by ZIMRA

LISTED beverages giant, Delta Corporation Limited, is contesting tax assessments issued by the Zimbabwe Revenue Authority (ZIMRA) for amounts the company believes should have been payable exclusively in foreign currency.In its trading upda…

Published: 30 Jan 2025 at 06:38hrs | 292 | by Staff reporter

Zimbabwe doctors turn screws on govt

Human rights doctors have intensified their call for transparency from the Zimbabwean government regarding the use of revenue generated from the sugar tax. The Zimbabwe Association of Doctors for Human Rights (ZADHR) has pressed authoritie…

Published: 16 Jan 2025 at 07:08hrs | 585 | by Staff reporter

Mthuli Ncube cracks down on smugglers

The Government of Zimbabwe has initiated a nationwide crackdown on smuggling through cross-border buses and illegal businesses trading in contraband to safeguard local industries and protect consumer welfare.The operation, which began last…

Published: 17 Dec 2024 at 06:34hrs | 1834 | by Staff reporter

MPs back Mthuli Ncube's sports betting tax proposal

Parliamentarians have approved Finance Minister Mthuli Ncube's proposal to introduce a 10% tax on gross winnings from sports betting, marking a significant step in the growing Zimbabwean sports betting industry. The proposal, part of Ncube…

Published: 14 Dec 2024 at 10:46hrs | 188 | by Staff reporter

Zimra goes after public transport operators

The government of Zimbabwe is desperate to raise money for the Fiscus. Public transport operators will no longer be able to buy Insurance unless they can prove they are Tax Compliant.The Zimbabwe Revenue Authority (ZIMRA) has announced a n…

Published: 13 Dec 2024 at 19:35hrs | 1087 | by Prof Jonathan Moyo

Punters challenge Mthuli Ncube's proposed tax on betting winnings

The Zimbabwe Punters Association (ZPA) has voiced strong opposition to the proposed 10% tax on sports betting winnings, arguing it would disproportionately affect low-income punters.The tax, introduced by Finance, Economic Development and …

Published: 13 Dec 2024 at 12:42hrs | 1048 | by Staff reporter

Zimra wants Zimbabwe churches to 'Give to Caesar what belongs to Caesar'

The Zimbabwe Revenue Authority (ZIMRA) has announced plans to hold a stakeholder engagement with churches to discuss tax compliance across various applicable categories, aiming to enhance transparency and ensure better adherence to tax reg…

Published: 12 Dec 2024 at 14:59hrs | 1099 | by Staff reporter

Mthuli Ncube willing to review tax proposals

The Zimbabwean Treasury may revise certain tax measures outlined in the 2025 National Budget following concerns raised by business leaders, economists, and other stakeholders. Finance, Economic Development and Investment Promotion Minister…

Published: 11 Dec 2024 at 06:30hrs | 451 | by Staff reporter

Doctors demand transparency from Mthuli Ncube on sugar tax revenue

The Zimbabwe Association of Doctors for Human Rights (ZADHR) has called on Finance Minister Mthuli Ncube to provide detailed accounts of the government's sugar tax revenue and its utilization.In a letter dated November 21, 2024, ZADHR, thr…

Published: 04 Dec 2024 at 15:15hrs | 369 | by Staff reporter

CSOs voice strong opposition to the Zimbabwe tax

Civil Society Organisations (CSOs) have voiced strong opposition to the Zimbabwean government's 2025 national budget, criticizing new taxes as oppressive and harmful to citizens already struggling with economic hardships.Finance, Economic …

Published: 03 Dec 2024 at 08:54hrs | 227 | by Staff reporter

Innscor engages govt over tax

Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its financial performance. The company's manage…

Published: 18 Nov 2024 at 15:06hrs | 200 | by Staff reporter

Ramaphosa's goons go after Dali Mpofu over 'unpaid personal tax'?

The taxman is knocking on the door of South Africa's well-known legal eagle, advocate Dali Mpofu, demanding more than R2-million from him in unpaid personal income tax.News that the South African Revenue Service (Sars) is demanding the sta…

Published: 28 Oct 2024 at 07:57hrs | 8256 | by Staff reporter

Zimbabwe's new policy outlines plans to widen tax base

The Zimbabwean government has announced a new policy under the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) to simplify tax models for Small to Medium Enterprises (SMEs). This move aims to encourage the formalisation of infor…

Published: 27 Oct 2024 at 12:18hrs | 279 | by Staff reporter

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