Search / Tax evasion
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...Published: 01 Aug 2025 at 08:02hrs | 341 | by Staff reporter
Money laundering costs Zimbabwe US$6,5bn
Zimbabwe has lost an estimated US$6.15 billion to money laundering-related crimes over the past five years, with car dealerships, gold smuggling, and entrenched corruption networks topping the list of...Published: 22 Jul 2025 at 08:49hrs | 188 | by Staff reporter
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1548 | by Staff reporter
Mahere faces, yet another $100,000 defamation lawsuit
Prominent Harare lawyer and former opposition legislator, Advocate Fadzayi Mahere, is facing a second defamation lawsuit amounting to US$100,000 from TinMac Motors (Private) Limited, a company reporte...Published: 09 Jul 2025 at 18:03hrs | 870 | by Staff reporter
Minister Machakaire, instead of suing, just tell us: Are you corrupt or not?
When someone resorts to diversionary tactics instead of addressing legitimate questions, it naturally raises suspicion.In a disturbing turn of events that strikes at the heart of democratic ac...Published: 07 Jul 2025 at 12:14hrs | 902 | by Tendai Ruben Mbofana
Fadzayi Mahere hit with US$100,000 defamation lawsuit
Prominent lawyer and opposition figure Fadzayi Mahere has been served with a US$100,000 defamation lawsuit by Minister of Youth, Empowerment, Development and Vocational Training, Tinoda Machakaire, fo...Published: 07 Jul 2025 at 09:56hrs | 1910 | by Staff reporter
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 repo...Published: 25 Jun 2025 at 14:33hrs | 113 | 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 dev...Published: 21 Jun 2025 at 09:44hrs | 89 | by Staff reporter
Zimbabwe, Zambia seal deal on new refined petroleum pipeline
The Government of Zimbabwe has approved a landmark Memorandum of Understanding (MoU) with Zambia to pave the way for the development of a new pipeline aimed at transporting refined petroleum between t...Published: 11 Jun 2025 at 09:06hrs | 470 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 405 | by `
Foreigners tighten grip on Zimbabwe's retail sector
Foreign nationals are increasingly dominating Zimbabwe's retail sector, raising concerns over the flouting of laws that reserve the industry for indigenous Zimbabweans.Despite legal provisions...Published: 29 Apr 2025 at 08:52hrs | 1047 | by Staff reporter
Hoarding cash undermines Zimbabwe economy
Stashing cash in safe deposit boxes, a practice often used to secure valuables, is adversely affecting the smooth functioning of the economy by diverting funds away from productive sectors, according ...Published: 13 Apr 2025 at 09:38hrs | 174 | by Staff reporter
Harare tops list of most corrupt provinces in Zimbabwe
Harare has been named the most corrupt province in Zimbabwe based on the number of complaints received by the Zimbabwe Anti-Corruption Commission (ZACC) during the first quarter of 2025, according to ...Published: 12 Apr 2025 at 12:51hrs | 224 | by Staff reporter
Zimra shuts down Unity Village Flea Market in Bulawayo
The Zimbabwe Revenue Authority (ZIMRA) has locked up Unity Village Flea Market in Bulawayo as part of a nationwide crackdown on smuggled goods and counterfeit products. The move is part of ZIMRA's eff...Published: 10 Mar 2025 at 15:42hrs | 2335 | by Staff reporter
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 Procl...Published: 10 Mar 2025 at 08:28hrs | 259 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1549 | by NewsHawks
Zimra raids smuggling points along Limpopo, destroys boats
The Zimbabwe Revenue Authority (Zimra), in a groundbreaking drone-led operation, raided several smuggling points along the Limpopo River on Tuesday, confiscating and destroying boats used to illegally...Published: 11 Feb 2025 at 16:27hrs | 1122 | by Staff reporter
Executive Air accused of flight log irregularities amid tax evasion allegations
Executive Air, a prominent aviation company, is facing serious allegations of failing to properly log its flights, raising suspicions of tax evasion and regulatory violations.According to sour...Published: 10 Feb 2025 at 22:48hrs | 493 | by Staff Reporter
The futility of Zimbabwe's crackdown on the informal sector
The Zimbabwean government has once again embarked on a futile mission to regulate the informal sector, a behemoth that has long outgrown the state's capacity to control it.In a desperate bid t...Published: 01 Feb 2025 at 21:32hrs | 1071 | by Tendai Ruben Mbofana
Ramaphosa's lawyers respond to Buyanga's freedom bid
Attorneys representing South African President Cyril Ramaphosa have stated that they will abide by the Constitutional Court's ruling following an application by Zimbabwean businessman Frank Buyanga Sa...Published: 31 Jan 2025 at 07:30hrs | 459 | by Staff reporter
It's time to kick exploitative Chinese out of Zimbabwe!
Zimbabwe is a colony once again!It is time for Zimbabweans to confront the uncomfortable reality of Chinese exploitation in the country. Recent incidents have revealed the horrifying e...Published: 24 Jan 2025 at 08:31hrs | 1117 | by Tendai Ruben Mbofana
Zimbabwe's tax plan has informal traders tangled up
Mediline Sibanda opened her hairdressing business 13 years ago in Bulawayo's bustling central business district where she operates alongside other vendors and traders that are part of the country's th...Published: 20 Jan 2025 at 10:28hrs | 2088 | by Staff reporter
Haddon and Sly, Amaya Mall shut in latest Zimra crackdown
Scores of traders operating at Haddon and Sly Building and Amaya Mall in Bulawayo's central business district were locked out yesterday after the Zimbabwe Revenue Authority (Zimra) closed the premises...Published: 01 Jan 2025 at 10:18hrs | 12779 | by Staff reporter
Objections filed against Kweza, Magaya, Machana nominations
The ZIFA Normalisation Committee is facing significant scrutiny after receiving objections to the nominations of Martin Kweza, Prophet Walter Magaya, and Philemon Machana for key roles in the administ...Published: 17 Dec 2024 at 10:30hrs | 1171 | by Staff reporter
Zimra reminds travellers of mandatory declaration of goods
The Zimbabwe Revenue Authority (ZIMRA) has issued a stern reminder to travellers and cross-border traders that it is mandatory to declare all goods at ports of entry. This includes items purchased abr...Published: 08 Dec 2024 at 10:32hrs | 6149 | by Staff reporter
Zimbabwe govt whips errant Chinese miners
The Zimbabwean government has intensified its efforts to combat environmental degradation linked to alluvial mining along the Sanyati River in Hurungwe, targeting two Chinese companies accused of illi...Published: 04 Nov 2024 at 06:48hrs | 945 | by Staff reporter
Call for reparations: A mere excuse by failed African leaders!
As the Commonwealth Heads of Government meeting (CHOGM) kicked off this week in Samoa, the topic of reparations for slavery and colonialism has once again been thrust into the spotlight. Sever...Published: 23 Oct 2024 at 20:31hrs | 281 | by Tendai Ruben Mbofana
Zimra goes after businesses rejecting ZiG
The Zimbabwe Revenue Authority (ZIMRA) has launched a sweeping operation targeting businesses that are evading taxes and undermining the Zimbabwean currency (ZiG or ZWG) by rejecting the local currenc...Published: 27 Sep 2024 at 12:29hrs | 1398 | by Staff reporter
Zimra launches crackdown on economic saboteurs
The Zimbabwe Revenue Authority (ZIMRA) has launched a nationwide blitz targeting businesses that evade taxes and undermine the local currency, the Zimbabwe Gold (ZiG), by either rejecting it or falsel...Published: 27 Sep 2024 at 08:16hrs | 146 | by Staff reporter
Zimbabwe National Assembly resumes sitting
The National Assembly of Zimbabwe resumes today after a three-week break, during which the country hosted the 44th SADC Summit at the new Parliament Building in Mount Hampden. The Senate will ...Published: 20 Aug 2024 at 10:28hrs | 50 | by Staff reporter
Beitbridge businessman charged for tax evasion
A 37-year-old entrepreneur from Beitbridge, Bestinos Zhou, has been fined US$250 for tax evasion. Zhou appeared before the Beitbridge Magistrates' Court, facing charges of violating Sectio...Published: 19 Aug 2024 at 14:40hrs | 1084 | by Staff reporter
Zimra mulls severe penalty on tax debts
The Zimbabwe Revenue Authority (Zimra) is considering imposing severe tax penalties to compel public and private entities to settle substantial outstanding tax debts. These debts primarily stem from c...Published: 14 Aug 2024 at 08:31hrs | 180 | by Staff reporter
Mthuli Ncube makes bold measures to anchor ZiG stability
The Government has introduced measures to enhance the stability of the Zimbabwe Gold (ZiG) currency, promote its use, and provide tax relief to boost consumer spending and production. In the Mid-Term ...Published: 26 Jul 2024 at 06:32hrs | 367 | by Staff reporter
Chivayo has Mnangagwa in his pocket?
President Emmerson Mnangagwa's association with controversial figures continues to raise concerns, with recent revelations highlighting his ties to convicted tenderpreneur Wicknell Chivayo. This devel...Published: 02 Jul 2024 at 10:12hrs | 93 | by Staff reporter
Rutendo Matinyarare's alleged sponsor exposed
Controversy surrounds Simon Rudland, co-founder of Gold Leaf Tobacco, amid allegations that he is funding Zanu-PF activist Rutendo Matinyarare's campaign against INNSCOR and its founder, Zinona "Zed" ...Published: 26 Jun 2024 at 07:32hrs | 60 | by Staff reporter
Zimra, UNDP launch tax compliance campaign
The United Nations Development Programme (UNDP) and the Zimbabwe Revenue Authority (Zimra) have joined forces for a taxpayer awareness campaign aimed at educating the public about tax laws and complia...Published: 06 Jun 2024 at 07:56hrs | 3 | by Staff reporter
Zimra gives small businesses tax reprieve
The Zimbabwe Revenue Authority (Zimra) has offered a six-month grace period for informal businesses to register for taxes in a move seen to boost State revenues.Revised guidelines outlining sp...Published: 30 Jan 2024 at 04:20hrs | 10 | by Staff reporter
Mukupe suffers another blow
Imprisoned Zanu-PF central committee member and former deputy finance minister, Terence Mukupe, faced another setback as the Zanu-PF Mashonaland East provincial leadership instructed farmers to remain...Published: 20 Nov 2023 at 22:01hrs | 4 | by Staff reporter
Air Zimbabwe 'dead as a dodo'
TECHNICALLY-INSOLVENT Air Zimbabwe has accumulated losses of US$407,84 million, while total liabilities have exceeded assets by US$380,22 million, further casting significant doubt on the airline's ab...Published: 29 Oct 2023 at 12:36hrs | 2 | by Staff reporter
Molai never sponsored Kasukuwere
Adam Molai, the tobacco tycoon and owner of Pacific Cigarette Company (PCC), has refuted allegations that he provided financial support for former Zanu-PF political commissar Saviour Kasukuwere's fail...Published: 16 Oct 2023 at 19:41hrs | 16 | by Staff reporter
Adam Molai's Pacific Cigarette Company forced into voluntary corporate rescue
Pacific Cigarette Company (PCC), led by local business magnate Adam Molai, has voluntarily initiated corporate rescue proceedings due to a substantial $19 million tax liability. This move comes amid a...Published: 09 Oct 2023 at 16:00hrs | 223 | by Staff reporter
Tobacco smuggling between Zimbabwe - SA now security threat
SOUTH Africa is drowning in illicit cigarette smuggling which has seen the neighbouring country losing at least R50 million (US$2.6 million) daily in potential revenue from well-coordinated syndicates...Published: 09 Oct 2023 at 13:49hrs | 10 | by Staff reporter
Zimbabwe loses more than US$23b through IFFs
Zimbabwe lost more than US$23 billion through illicit financial flows (IFFs) between 1980 and 2018, a new report compiled by the African Development Bank (AfDB) shows.Other sources, however, s...Published: 06 Aug 2023 at 08:25hrs | 12 | by Staff reporter
Why Mnangagwa blocked Mthuli Ncube's export tax
PRESIDENT Emmerson Mnangagwa recently blocked Finance minister Mthuli Ncube's 10% tax on mining exports to pay arrears on the country's debt overhang - which makes it difficult for the government to b...Published: 02 Jul 2023 at 17:27hrs | 23 | by Staff reporter
Fuel smuggling hampers growth
FUEL smuggling into Zimbabwe is hampering the Government's revenue collection, and has become a threat to economic growth, despite tax and law enforcement authorities' efforts to curb the scourge....Published: 20 Jun 2023 at 06:46hrs | 6 | by Staff reporter
Redwing: a tale of plunder, impunity, chaos and death
Redwing Gold Mine, once touted as a giant gold mining venture capable of transforming the quality of life in the Penhalonga area of Manicaland province and a cash cow for the national economy, has bec...Published: 04 Jun 2023 at 12:12hrs | 17 | by Staff reporter
Zimdollar not going anywhere
THE Treasury has assured the market of continued usage of the local currency and that deliberate steps are being taken to strengthen its value so as to restore consumer purchasing power and buttress t...Published: 29 May 2023 at 06:32hrs | 2 | by Staff reporter
A critical review of Al Jazeera's Gold Mafia documentary
APRIL, famously characterised as "the cruellest month" by distinguished poet and literary critic TS Eliot in his critically acclaimed essay "The Wasteland" - not because its first day celebrates fools...Published: 28 May 2023 at 17:07hrs | 6 | by Jonathan Moyo
Mnangagwa govt fails to rig price hikes
The Reserve Bank of Zimbabwe (RBZ) has frozen bank accounts of four major distributors of basic commodities as President Emmerson Mnangagwa's government scrambles to find solutions to soaring prices a...Published: 28 May 2023 at 08:09hrs | 3 | by Staff reporter
2 more die at Mnangagwa ally's mine
PRESIDENT Emmerson Mnangagwa's top ally Pedzisai Scott Sakupwanya's Better Brands has reportedly continued conducting secret mining operations at Redwing Mine in Penhalonga, Manicaland, which led to t...Published: 16 Mar 2023 at 07:40hrs | 1 | by Staff reporter
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