Search / Taxes
Sugar tax harming Zimbabwe’s beverage industry
Zimbabwe’s largest business lobby, the Confederation of Zimbabwe Industries (CZI), has raised concerns that the country’s sugar content surtax on beverages is crippling local manufacturers and und...Published: 03 Sep 2025 at 09:02hrs | 121 | by Staff reporter
Tourism sector applauds government's move to slash fees and levies
Zimbabwe's tourism industry has welcomed the government's recent decision to cut levies, taxes, and permit fees by up to 50 percent—a move expected to restore the sector's competitiveness and unlock...Published: 01 Sep 2025 at 15:14hrs | 230 | by Staff Reporter
Zimbabwe firms brace for dollar exit
The Confederation of Zimbabwe Industries (CZI) has urged the government to back its de-dollarisation strategy with binding legal instruments, warning that without a formal framework, business confiden...Published: 31 Aug 2025 at 21:15hrs | 572 | by Staff reporter
RBZ's façade of progress and stability is short-sighted and unsustainable
The fairy tales and false assurances continue unabated.The announcement by the Reserve Bank of Zimbabwe (RBZ) that foreign currency and gold reserves backing the Zimbabwe Gold (ZiG) currency h...Published: 31 Aug 2025 at 20:46hrs | 131 | by Tendai Ruben Mbofana
CZI pushes for Milei-style deregulation in Zimbabwe
The Confederation of Zimbabwe Industries (CZI) has urged government to adopt a bold deregulation model inspired by Argentine President Javier Milei, calling for the elimination or amendment of at leas...Published: 29 Aug 2025 at 05:48hrs | 111 | by Staff reporter
Zimbabwe is losing over US$6bn to illicit financial flows
Zimbabwe is losing an estimated US$6,15 billion to illicit financial flows (IFFs) between 2020 and 2025, a drain that experts say is depriving the country of critical resources needed for development....Published: 25 Aug 2025 at 06:01hrs | 264 | 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 pr...Published: 24 Aug 2025 at 09:51hrs | 534 | by Staff reporter
MPs push for formalisation of informal sector
MEMBERS of Parliament (MPs) have urged government to formalise Zimbabwe's vast informal sector, broaden the tax base and urgently review what they described as an unfair tax burden on the poor....Published: 22 Aug 2025 at 09:40hrs | 60 | by Staff reporter
'Fraud' kingpin arrested in UAE, extradited to Zimbabwe
A key figure in the collapsed Beven Capital Ponzi scheme has been arrested in the United Arab Emirates (UAE) and extradited to Zimbabwe to face multiple fraud charges, the National Prosecuting Authori...Published: 21 Aug 2025 at 16:21hrs | 1252 | by Staff reporter
South Africa is in serious trouble
South Africa has been hit by some of the highest tariffs of any country, with increased duties placed on its goods exported to the United States. At 30%, the tariffs on South Africa are t...Published: 20 Aug 2025 at 11:07hrs | 1783 | 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 tim...Published: 19 Aug 2025 at 09:02hrs | 142 | by Staff reporter
Starlink users in Zimbabwe pay USD$5 regulatory fee
The launch of Starlink in Zimbabwe was initially met with excitement, promising high-speed, reliable, and affordable internet in a country long plagued by erratic connectivity and steep costs. However...Published: 17 Aug 2025 at 12:43hrs | 4195 | by Staff reporter
Zimbabwe's local flights are too expensive
The air distance is about 364 kilometres, and a one-way ticket can be found for around USD 135.00, sometimes less on promotion. That should thrill us, but should also make us impatient.Domesti...Published: 17 Aug 2025 at 12:17hrs | 1462 | by Kumbirai Thierry Nhamo
Retired cop criticises Mnangagwa's govt
A RETIRED Zimbabwe Republic Police (ZRP) officer has openly criticized the Government of President Emmerson Mnangagwa over its recent donation of welfare goods to Mozambique, arguing that the country'...Published: 16 Aug 2025 at 16:25hrs | 1780 | by Staff reporter
Cabinet approves agric sector taxes, permits review
Cabinet has approved a comprehensive review of licences, permits, levies and fees in the agriculture sector, with reforms specifically targeting the livestock, dairy farming and stockfeeds sub-sectors...Published: 06 Aug 2025 at 09:05hrs | 202 | by Staff reporter
Magunje cement plant licence sparks corruption fears
Government officials have raised alarm over the controversial licensing of a Chinese-owned cement plant in Magunje, Mashonaland West, amid allegations of corruption, regulatory breaches, and community...Published: 04 Aug 2025 at 08:29hrs | 164 | by Staff reporter
Mutoko locals question true benefits of granite mining
The Mutoko Rural District Council (MRDC) has praised the black granite-rich district as a key pillar of Zimbabwe's mining economy, even as local communities raise concerns over whether they are seeing...Published: 03 Aug 2025 at 18:55hrs | 185 | by Staff reporter
Why most Zimbabweans still can't afford to fly
For most Zimbabweans, boarding a plane remains an unaffordable dream - a privilege reserved for government officials, foreign visitors, and the wealthy elite. Despite Zimbabwe boasting key urban centr...Published: 03 Aug 2025 at 17:56hrs | 670 | by Satff reporter
Garwe orders council probe
Minister of Local Government and Public Works, Daniel Garwe, has lambasted local authorities for poor service delivery, which has contributed to low revenue collection and growing salary arrears for w...Published: 03 Aug 2025 at 12:15hrs | 312 | by Staff reporter
Bulawayo leads Zimbabwe in business formalisation
Bulawayo has emerged as Zimbabwe's top-performing province in terms of formal business establishments, according to new data from the 2023 Economic Census conducted by the Zimbabwe National Statistics...Published: 03 Aug 2025 at 09:56hrs | 111 | by Staff reporter
Harare Council crackdown leaves hundreds stranded
In a sweeping move aimed at restoring order in the central business district, the City of Harare has shut down hundreds of shops, launching an operation dubbed "Operation Restore Order." The crackdown...Published: 03 Aug 2025 at 09:51hrs | 91 | by Staff reporter
Bulawayo losing 'City of Kings' shine amid garbage pile-up
City leaders, government officials, and waste management experts have issued a stark warning about the deteriorating state of solid waste management in Bulawayo, describing it as a looming health and ...Published: 02 Aug 2025 at 10:11hrs | 103 | by Staff reporter
Chiwenga rejoices for reporting Merry to South African authorities successfully
IntroductionVenturing into the world of trading can be both exciting and overwhelming. Whether you're drawn by the potential for financial growth or the thrill of market d...Published: 01 Aug 2025 at 14:34hrs | 471 | by Staff Reporter
Mthuli Ncube admits economy chaos
The government has admitted that companies in Zimbabwe often make more money operating outside the law than when complying with regulations, in a rare acknowledgement of a system that punishes honesty...Published: 01 Aug 2025 at 09:12hrs | 631 | by Staff reporter
Zimbabwe miners weather power crisis
Zimbabwe's mining industry says it has largely been shielded from the worst of the country's electricity shortages thanks to a targeted power rationing strategy that prioritises the sector. But operat...Published: 01 Aug 2025 at 08:33hrs | 207 | 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...Published: 01 Aug 2025 at 08:02hrs | 383 | by Staff reporter
Harare shuts down 121 businesses in CBD crackdown blitz
The Harare City Council has shut down 121 businesses in the central business district (CBD) in an intensified campaign targeting non-compliant operations. The crackdown, now in its second day, follows...Published: 31 Jul 2025 at 18:46hrs | 318 | by Staff reporter
Zimbabweans caught between two broken health systems
When Matilda Sibanda left Bulawayo for South Africa ten years ago, her decision was driven by Zimbabwe's collapsing healthcare system. Now 34, she finds herself in a devastating limbo - unable to acce...Published: 28 Jul 2025 at 14:19hrs | 458 | 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 corpo...Published: 27 Jul 2025 at 21:04hrs | 517 | 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...Published: 27 Jul 2025 at 20:59hrs | 1486 | by Staff reporter
Glen View faces sewage crisis
Residents of Glen View 3 in Harare are facing a deepening public health crisis as raw sewage continues to overflow through the suburb's streets, creating fertile ground for outbreaks of cholera, typho...Published: 25 Jul 2025 at 09:31hrs | 106 | by Staff reporter
Zimra defends aggressive tax enforcement
Foreign currency-generating sectors such as tourism and agriculture are being choked by excessive regulations, multiple taxes, and bureaucratic red tape, industry experts have warned. Despite being cr...Published: 22 Jul 2025 at 09:12hrs | 147 | by Staff reporter
Meikles's debt to suppliers raises fresh concerns
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...Published: 21 Jul 2025 at 12:34hrs | 481 | by Staff reporter
Zimbabwe's plan to make ZiG sole currency faces sharp criticism
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has recently suggested making the local currency, the Zimbabwe Gold coin (ZiG), the sole legal tender in the country. Despite Mushayavanhu's c...Published: 18 Jul 2025 at 08:52hrs | 1199 | by Staff reporter
Vendors bemoan exorbitant licensing fees at new Mbare Musika market
The Vendors Initiative for Social and Economic Transformation (Viset) has urged authorities to slash vending licensing fees at the newly-constructed Mbare Musika Market, warning that current costs are...Published: 18 Jul 2025 at 08:34hrs | 605 | by Staff reporter
Zimbabwe urged to bolster R&D and Resilience in move toward NDS2
Zimbabwe's economy could take a major leap forward - if it boosts research, innovation, and industrial resilience, experts say. The Zimbabwe Competitiveness Report has sparked calls for all sectors to...Published: 17 Jul 2025 at 08:42hrs | 57 | by Gideon Madzikatidze/Simbarashe Sithole
Africa's inequality crisis: How government systems fuel corruption and entrench elitism
A recent Oxfam report has ignited renewed scrutiny of Africa's political and economic order, revealing a disturbing truth: while a handful of billionaires accumulate staggering wealth, hundreds of mil...Published: 14 Jul 2025 at 07:12hrs | 210 | by James Mathonsi
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 ...Published: 13 Jul 2025 at 11:16hrs | 104 | by Staff reporter
Chivayo taxes shocker
Flamboyant businessman Wicknell Chivayo, one of Zimbabwe's most polarising public figures, has rubbished claims that his bank accounts have been garnished by tax authorities amid reports of a lifestyl...Published: 13 Jul 2025 at 11:07hrs | 713 | by Staff reporter
Zacc raises red flag over corruption in shipping and forwarding sector
The Zimbabwe Anti-Corruption Commission (ZACC) has raised alarm over a growing number of corruption cases linked to the shipping and forwarding of goods, warning that such practices are costing the co...Published: 10 Jul 2025 at 18:32hrs | 366 | by Staff reporter
CZR calls for crackdown on rampant sale of counterfeit electronics
The Confederation of Zimbabwe Retailers (CZR) has raised alarm over the growing sale of counterfeit and fraudulently marketed electronic goods across the country, calling for an urgent multi-agency la...Published: 09 Jul 2025 at 14:31hrs | 161 | by Staff reporter
Delta slams local sugar producers over poor quality
Delta Corporation Limited has raised alarm over the poor quality of sugar supplied by Zimbabwe's top producers, accusing them of delivering a product that fails to meet global standards required for b...Published: 09 Jul 2025 at 07:50hrs | 280 | by Staff reporter
Cape Town discharges +40 megalitres of sewage into the Atlantic Ocean daily
Urban water bodies worldwide - including rivers, lakes, and oceans - are under significant threat from pollution. Large volumes of sewage discharged into the environment cause severe damage, while new...Published: 08 Jul 2025 at 12:41hrs | 549 | by Staff reporter
Zimbabwean consumer sector poised for improvement
An uplift in volumes has been projected for Zimbabwean consumer companies despite rising cost structures, a volatile policy and monetary environment as well as higher taxation, say analysts at IH Secu...Published: 07 Jul 2025 at 08:57hrs | 124 | by Staff reporter
Delta Corporation slams Zimra over uncertainties
Zimbabwe's largest beverage manufacturer, Delta Corporation Limited, has accused the country's tax authorities of fueling business uncertainty through what it described as the arbitrary creation of le...Published: 07 Jul 2025 at 08:47hrs | 382 | by Staff reporter
Zimbabwe's GDP grows 2.9% to US$45.7 billion
Zimbabwe's economy expanded by 2.9 percent in 2024, with the Gross Domestic Product (GDP) rising to US$45.7 billion from US$44.4 billion in 2023, according to the latest figures released by the Zimbab...Published: 02 Jul 2025 at 17:46hrs | 173 | by Staff reporter
Zim industry leaders call for Unified Taxation System
Zimbabwe's business community has raised concerns over the country's fragmented taxation system, urging the government to adopt a unified tax framework to alleviate the heavy burden of multiple taxes ...Published: 01 Jul 2025 at 08:20hrs | 136 | by Staff reporter
Mnangagwa calls for fiscal discipline among councillors
President Emmerson Mnangagwa has stressed the need for Zimbabwe's local councillors to improve their understanding of budgeting and financial planning, warning that national development efforts could ...Published: 26 Jun 2025 at 17:26hrs | 273 | 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 hal...Published: 26 Jun 2025 at 11:25hrs | 1736 | by Staff reporter
Growth prospects shine in Zimbabwe's construction markets
Construction markets in Zimbabwe and South Africa are expected to maintain a strong growth trajectory, creating favorable conditions for companies like PPC to enhance their competitiveness against imp...Published: 26 Jun 2025 at 09:17hrs | 171 | by Staff reporter
Load More Stories
