Bulawayo24 News - Skyes! "it makes perfect sense"

Zanu-PF pushes for scrapping of the 2% IMTT

The ruling Zanu-PF party has adopted a series of sweeping economic resolutions at its annual conference in Mutare, signaling a strong push to reinforce the country's local currency, streamline business operations, and boost infrastructure …

Published: 18 Oct 2025 at 16:32hrs | | by Staff reporter

SARS is in the business of celebrating hollow victories

SARS is clearly in the business of celebrating hollow victories. This judgment relates to a condonation application I made some time back and does not speak to the issues I raised in my media briefing this past Monday, 13 October 2025. The…

Published: 18 Oct 2025 at 10:13hrs | | by Lucky Montana

Zimbabwe business trapped in tax nightmare

Zimbabwe's business community is reeling under a deepening tax crisis as billions in unpaid Zimbabwe Gold (ZWG) input VAT refunds remain outstanding, triggering acute cash-flow shortages and threatening the survival of formal industry.Exec…

Published: 16 Oct 2025 at 20:17hrs | | by Staff reporter

Mnangagwa gazettes Zimbabwe-Switzerland taxation agreement

President Emmerson Mnangagwa has officially gazetted the agreement between Zimbabwe and Switzerland aimed at avoiding double taxation and preventing tax evasion on income and capital gains.The pact, signed on March 19, 2025, seeks to ensur…

Published: 11 Oct 2025 at 09:35hrs | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | 294 | 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 | | 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 | | 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 | | 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 | | 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 | 90 | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | by Prof Jonathan Moyo

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 | | 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 | | 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 | | 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 | | by Staff reporter

No special treatment for Starlink in Zimbabwe

The Zimbabwean government has clarified that Elon Musk's Starlink will not receive any special tax exemptions and will be subject to the same regulations and taxes as local internet service providers (ISPs) and mobile telecom companies. Th…

Published: 25 Sep 2024 at 10:02hrs | 710 | by Staff reporter

High Court scraps Mthuli Ncube's 2020 taxes on fuel

The High Court has refused to endorse a new carbon tax on fuel and the redemption levy of the National Oil Company of Zimbabwe imposed two years ago on the grounds that these could not be levied by executive action through a statutory inst…

Published: 04 May 2022 at 06:59hrs | 3 | by Staff reporter

Paltry taxes cripple recovery

SHOCKING evidence of tax leakages hogged the limelight this week, with Finance and Economic Development minister Mthuli Ncube saying the informal sector, which makes up 70% of Zimbabwe's gross domestic product (GDP), was remitting less tha…

Published: 01 Apr 2021 at 07:24hrs | | by Eddie Cross

Please Mthuli, tax these bastards!

"The Lord gave and the Lord has taken away; may the name of the Lord be praised."Hallelujah!A story is often told of how Charles Mungoshi was once invited for a book reading of his Shona novel "Makunun'unu Maodzamoyo" at Rakodzi High Schoo…

Published: 24 Feb 2019 at 06:36hrs | | by Bishop Lazarus

Zimbabwe's illegal tax legislation

How often has the need for foreign investment (FDI) been stated? Nothing can put off a potential foreign investor more than to ascertain that the rule of law does not apply under Zimbabwe tax law. Firstly, Zimbabwe is not an attractive cou…

Published: 09 Feb 2019 at 07:13hrs | 1 | by Lindsay H Cook

Zimbabwe parly protests suspension of platinum tax

Lawmakers are not happy with Finance minister Mthuli Ncube's move to suspend a 15 percent tax on raw platinum exports until January 2022 to give the mining firms time to set up smelters ad refineries. The tax was introduced by government i…

Published: 03 Jan 2019 at 09:27hrs | | by Staff reporter

Zanu PF blocks MDC bid to scrap 2% tax

A BID by the main opposition MDC Alliance legislators to have the 2% transaction tax cut to 0,5% hit a snag in the National Assembly when Zanu PF legislators used their majority to vote for its implementation.Parliament last Thursday had t…

Published: 24 Dec 2018 at 19:32hrs | 3 | by Staff reporter

Is Tobin tax regime helpful?

Against the backdrop of the ongoing debate and rhetoric about the recently proposed 2% transaction tax which was announced by Finance minister Mthuli Ncube, ostensibly to widen Zimbabwe's tax base.This article seeks to trace the origins of…

Published: 09 Nov 2018 at 06:21hrs | | by Colls Ndlovu

Search / Tax

CSC set to exit corporate rescue

Mzembi's wife in nepotism storm

LIST: 301 Bulawayo cars wanted for crossing red robots

Technical fault takes Hwange Unit 8 off the grid

Zimbabwe climbs press freedom rankings

ConCourt nullifies UZ appeal in bursar labour dispute

IMF projects Zimbabwe as best-performing economy in 2025

Mnangagwa's 6% growth boast rings hollow

Zimbabwe begins repatriation of 36 nationals killed in SA bus crash

Police warn motorists over tampering with number plates

Study finds 21% of medical professionals admit to infidelity

2 haulage trucks fall into river

2 killed, 19 injured in Gweru–Zvishavane road crash

Jonathan Moyo faces backlash

Chiwenga has lost a battle not the war

Arsenal deny Atletico Madrid players hot water?

Zanu-PF sits on US$10m war chest

Zimbabwe, Zambia seek innovative solutions to harness Zambezi

Woman ordered to pay ex-husband US$600k divorce settlement

Chinese firm rushes to extract over 60,000 metric tonnes of lithium ahead of ban

Rushwaya warns of revolt over Chinese abuses in mining sector

Govt calls for innovative ways to harness Zambezi water

Security firm pressures school over debt

Teachers slam Zanu-PF ideology plan

US$10 million gold scandal rocks Kwekwe mine

Mining depleting health in Zimbabwe's rural communities

FBC wins US$1m arbitration dispute

Kavango uncovers lucrative gold deposit in Bulawayo

Ex-combatants remanded over Geza protest

7 prosecutors face trial on corruption charges