Search / Taxman
Mthuli Ncube's 2025 Budget to increase cost of doing business
Leading retailer OK Zimbabwe has expressed concern that the 2025 National Budget, as outlined by Finance Minister Prof Mthuli Ncube, will increase business costs, further exacerbating an already chall...Published: 20 Dec 2024 at 11:12hrs | 554 | 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 Afri...Published: 28 Oct 2024 at 07:57hrs | 8249 | by Staff reporter
Zimra's new tax system slammed
LOCAL businesses have expressed concern about the new tax and revenue management system (TaRMs) being used by the Zimbabwe Revenue Authority (Zimra), which they say is too complex and difficult to set...Published: 31 Mar 2024 at 16:31hrs | 2 | by Staff reporter
Zimra unveils new tax clearance system
THE Zimbabwe Revenue Authority (Zimra) says tax clearance certificates (ITF 263s) will only be issued to compliant taxpayers starting January 1, 2024, through the new Revenue Management System (TaRMS)...Published: 16 Nov 2023 at 05:06hrs | 2 | by Staff reporter
Zimra employees plot a crippling strike
THE Zimbabwe Revenue Authority (ZIMRA) has moved to avert a looming strike amid allegations that top management staffers are creaming off lucrative US$ allowances at a time ordinary workers are wallow...Published: 05 Aug 2023 at 19:43hrs | 8 | by Staff reporter
Zimra workers mull industrial action
ZIMBABWE Revenue Authority and Allied Workers Trade Union (ZIMRATU) have petitioned their employer demanding a timetable with three days per week working slots necessitated by eroded salaries which ha...Published: 26 May 2023 at 16:30hrs | | by Staff reporter
Mnangagwa's presidential envoy abuses his position
CHARISMATIC Zimbabwean evangelist and President Emmerson Mnangagwa's special envoy on Trade and Investment, Uebert Angel, is embroiled in a money laundering scandal involving the abuse of diplomatic p...Published: 25 Mar 2023 at 18:24hrs | 2 | by Staff reporter
No joy in Mthuli Ncube's budget
CALLS by Zimbabwe's restive civil service for United States dollar salaries went unheeded by Finance minister Mthuli Ncube yesterday.Ncube doubled the national budget to $1,9 trillion as a res...Published: 29 Jul 2022 at 06:54hrs | 6 | by Staff reporter
Zimra surpasses H1 net revenue target
THE Zimbabwe Revenue Authority (Zimra) surpassed by 36,84% to $491,49 billion its target for cumulative net revenue collections for the first half of the year, owing to intensified compliance strategi...Published: 22 Jul 2022 at 06:42hrs | | by Staff reporter
Ex-Zimra worker's property forfeited to the State
A former Zimbabwe Revenue Authority accountant who is serving a six-year sentence for stealing over US$1 million from the taxman's bank account has lost two mansions in Glen Lorne in Harare, a flat in...Published: 29 Jun 2022 at 20:31hrs | 31 | by Staff reporter
Under Mthuli Ncube, Zimbabwe going nowhere fast
FINANCE minister Mthuli Ncube is either a liar or suffering from selective amnesia.Either way he should not be involved in anything to do with the financial affairs of Zimbabwe.He has ...Published: 17 Jun 2022 at 08:30hrs | 1 | by A Mbire
Zacc goes after Zimra
THE Zimbabwe Anti-Corruption Commission (Zacc) yesterday said it was going after officials at the Zimbabwe Revenue Authority, who it accuses of fuelling corruption at the borders.The anti-graf...Published: 26 Apr 2022 at 08:27hrs | | by Staff reporter
Zimra systems in shambles
THE Zimbabwe Revenue Authority (Zimra) systems are in a shambles, with companies and individuals being made to pay for the tax collector's inefficiency while the authority is also suffering huge finan...Published: 08 Apr 2022 at 09:22hrs | | by Staff reporter
ZACC probes Koefman estate ownership
The Zimbabwe Anti-Corruption Commission is now digging into reports that some people are jostling to grab the Mbare property popularly known as "Kwa Koefman" some, 89 years after the death of the owne...Published: 28 Mar 2022 at 06:44hrs | 2 | by Staff reporter
Currency sabotage: 350 nabbed
OVER 200 local businesses were slapped with severe sanctions by the Financial Intelligence Unit (FIU) for manipulating the foreign currency exchange rate through illicit black market currency trading ...Published: 06 Mar 2022 at 08:20hrs | 1 | by Staff reporter
Zimra gridlocks ground companies
THE Zimbabwe Revenue Authority (Zimra)'s e-filing system has been overwhelmed since December last year, triggering serious gridlocks for thousands of companies attempting to file their tax returns....Published: 20 Feb 2022 at 08:55hrs | | by Staff reporter
Zimra gridlocks ground companies
THE Zimbabwe Revenue Authority (Zimra)'s e-filing system has been overwhelmed since December last year, triggering serious gridlocks for thousands of companies attempting to file their tax returns....Published: 13 Feb 2022 at 20:44hrs | | by Staff reporter
Power play rocks Zimra
THE Zimbabwe Revenue Authority (Zimra) board was allegedly pressured by Treasury to appoint Morris Mpofu as acting commissioner-general, a move which was quickly reversed last week by the government i...Published: 15 Jan 2022 at 00:13hrs | 1 | by Staff reporter
Nestle wins US$4m Supreme Court tax case
THE Supreme Court has saved Nestlé Zimbabwe from paying a tax liability of more than US$4 million to the Zimbabwe Revenue Authority (Zimra), after the company challenged a tax assessment for the peri...Published: 12 Dec 2021 at 20:18hrs | 24 | by Staff reporter
Zimra urges motorists to regularise clearances
THE Zimbabwe Revenue Authority (ZIMRA) has advised individuals and corporates who own vehicles that were not properly cleared with the taxman to regularise their clearances by November 8 or face penal...Published: 31 Oct 2021 at 06:53hrs | 7 | by Staff reporter
'Forex rentals at blackmarket rates illegal'
PROPERTY owners and managers demanding rentals in foreign currency, without giving tenants an option to pay the equivalent in local currency using the auction rate, risk being arrested as the fight ag...Published: 14 Oct 2021 at 06:21hrs | | by Staff reporter
Sanctions are real, but we're shooting ourselves in the foot
No matter how well-meaning and determined the Reserve Bank of Zimbabwe (RBZ) could be towards uprooting rampant delinquency in the economy, the effort may count for nothing if other institutions that ...Published: 05 Oct 2021 at 06:32hrs | | by Nathan Gurira
Why are Zimbabwean companies failing to pay taxes?
A ZIMBABWE Revenue Authority (Zimra) annual report for 2020 released last week confirmed the heavy burden that the country's industries are battling to contain — outstanding taxes are mounting, and ...Published: 20 Sep 2021 at 07:13hrs | | by Staff reporter
Explosive dossier exposes Chiadzwa gems tax sleaze
A whistleblower has submitted an explosive dossier to the Zimbabwe revenue Authority (Zimra) providing insight into how diamond mining firms in the Chiadzwa diamond fields in Manicaland, evaded tax ob...Published: 17 Sep 2021 at 06:17hrs | | by Staff reporter
Zimra slammed over non-disclosure of US dollar revenue
ECONOMIC experts have slammed the Zimbabwe Revenue Authority (Zimra) over the non-disclosure of foreign currency revenues in its earnings.This is despite the fact that government published Sta...Published: 17 Apr 2021 at 16:24hrs | | by Staff reporter
Idolisation of champions of corruption
We are just two days away from celebrating Zimbabwe's independence from the shackles of colonialism. For some painful years, we have been trying to decide how best we can fight the cancerous worm of c...Published: 16 Apr 2021 at 08:00hrs | 2 | by Sharon Hofisi
Used car imports increase under Covid-19 pandemic
ZIMBABWE imported more second-hand vehicles in 2020 compared to 2019, despite unprecedented disruptions caused by Covid-19 on the maritime and shipping industry, official figures show.Statisti...Published: 12 Mar 2021 at 06:41hrs | 8 | by Staff reporter
Cigarette cartels in Zimbabwe are a tax threat in SA
A recently released report on powerful cartels in Zimbabwe has exposed how cigarette companies are illegally infiltrating the South African market, while dodging the local taxman at the same time....Published: 24 Feb 2021 at 05:53hrs | 9 | by Staff reporter
Zimra system disruptions affect business
THE Zimbabwe Revenue Authority (Zimra) could have lost millions of dollars in the past two months following glitches in its information technology system which threatened to cripple financial transact...Published: 19 Feb 2021 at 07:15hrs | 2 | by Staff reporter
Do we still have a government?
ZIMBABWE'S Covid-19 lockdown elapses on 15 February, bringing the country to yet another moment of truth as difficult decisions must be made in answering the all-important question: What happens next?...Published: 13 Feb 2021 at 14:44hrs | | by Staff reporter
Harare pulls out all stops to halt Zimra garnish
HARARE town clerk Hosiah Chisango, who recently dramatically bounced back at Town House despite serving a suspension, is desperately seeking a relief order from Treasury to stop the Zimbabwe Revenue A...Published: 12 Jan 2021 at 08:45hrs | | by Staff reporter
Zimra surpasses net revenue collection target
THE Zimbabwe Revenue Authority (Zimra) collected a net revenue of $23,19 billion against a target of $18,60 billion for the year ending December 31 2019 amid inflation and foreign currency challenges ...Published: 18 Dec 2020 at 06:12hrs | | by Staff reporter
Firms evade remitting forex taxes
THE Zimbabwe Revenue Authority (Zimra) says it has detected a string of scams in which some companies charging for goods and services in foreign currency have evaded paying taxes in forex.This...Published: 04 Dec 2020 at 07:20hrs | | by Staff reporter
Mthuli's 'fantasy' budget: Here's how it will affect you
THE 2021 budget presented by the finance minister Mthuli Ncube to Parliament shows that the minister was living in a ‘fantasy world,' according to academic, Professor Austin Chakaodza."Some ...Published: 28 Nov 2020 at 07:12hrs | | by Staff reporter
Cabinet puts state firms up for sale
CABINET on Tuesday resolved to finalise the privatisation of perennial loss-making parastatals and state-owned enterprises by year-end after Finance minister Mthuli Ncube reported that it had become u...Published: 25 Sep 2020 at 07:54hrs | | by Staff reporter
Zimra issues new import rules
THE Zimbabwe Revenue Authority (Zimra) has issued new import regulations that are set to result in the formalisation of Small to Medium Enterprises (SMEs), most of which have remained largely informal...Published: 30 Aug 2019 at 07:57hrs | | by Staff reporter
Powerful political enemies out to finish Magaya
Prophetic Healing and Deliverance Ministries found and preacher Walter Magaya is a household name in Zimbabwe. Magaya commands crowds that would make any politician jealous and envious of the pr...Published: 29 Aug 2019 at 14:35hrs | | by Nicholas Ncube
Zimra recovers $77m under whistleblower facility
THE Zimbabwe Revenue Authority (Zimra) has recovered about $77 million under the whistleblower facility since 2009 to June this year, an official has said.In a bid to recover lost revenue thro...Published: 27 Aug 2019 at 07:49hrs | | by Staff reporter
By-elections TKO and below the belt politics
If the Matabeleland North by-elections held recently were a boxing match, the MDC-Alliance would have been dealt a technical knock-out (TKO).After jabs and uppercuts, then a flurry of combinat...Published: 10 Aug 2019 at 08:50hrs | | by Staff reporter
Time for concrete action to end period poverty
There seems to be an erroneous feeling of respite amongst some menstrual health activists and stakeholders regarding the removal of duty and VAT on selected imported sanitary wear products by governme...Published: 03 Jul 2019 at 07:46hrs | | by Theresa Farai Nyava
Zimra expects to surpass ZWL$5bn revenue target
The Zimbabwe Revenue Authority (Zimra) says gross collections have so far reached ZWL$4,96 billion and the tax collector expects to surpass ZWL$5 billion by the end of June.Without any direct ...Published: 28 Jun 2019 at 06:25hrs | | by Staff reporter
Mthuli Ncube's budget surplus hits $500m
FINANCE and Economic Development Minister Professor Mthuli Ncube's austerity measures are paying dividends with respect to Government finances, once in shambles due to successive budget deficits, with...Published: 10 Jun 2019 at 06:50hrs | | by Staff reporter
Parastatals to be privatised in six months, says official
The government expects to find investors for state enterprises earmarked for partial privatisation and tie up the deals in the next six months, an official has said.Zimbabwe has 107 state-owne...Published: 12 May 2019 at 06:25hrs | 1 | by Staff reporter
Whistleblowers pocket $3million after helping Zimra
Whistleblowers pocketed a cool $3 million in the past two years after helping the taxman recover more than $33,5 million in unpaid taxes.Under current regulations, those who provide the Zimbab...Published: 21 Apr 2019 at 08:15hrs | | by Staff reporter
Zimra lifts Ziscosteel garnishee
The Zimbabwe Revenue Authority (ZIMRA) has lifted the garnishee order it imposed on the accounts of the now defunct steelmaker, Ziscosteel bringing relief to the steel company ex-employees who were no...Published: 17 Apr 2019 at 16:25hrs | | by Staff reporter
Zimra targets tax dodgers
WHEN the taxman pays an impromptu visit, they all shut their doors; and when he calls-in everyone stampedes for the exits just to get a good reason to say "no one heard the call".Very few peop...Published: 07 Apr 2019 at 16:18hrs | | by Staff reporter
Zimra cracks down on tax avoidance
Zimbabwe's tax agency is cracking down on tax avoidance in both the public and private sector via underhand deals to try and recoup millions in lost State income, the head of the Zimbabwe Revenue Auth...Published: 02 Apr 2019 at 13:31hrs | 2 | by Staff reporter
Zimra collects US$18,5 million forex from retailers
THE Zimbabwe Revenue Authority (Zimra) has so far collected almost US$18,5 million in value added tax (VAT) from retailers selling goods and services in foreign currency, it has been learnt.Go...Published: 10 Mar 2019 at 08:46hrs | | by Staff reporter
Zimra set to rake in billions
The Zimbabwe Revenue Authority (Zimra) is set to rake in billions of dollars, thanks to an International Monetary Fund tool that puts the tax collector into the global-best category. Zimra has...Published: 24 Feb 2019 at 22:32hrs | 1 | by Staff reporter
Zimra adds 20 000 new taxpayers
The Zimbabwe Revenue Authority (Zimra) registered 20 000 new taxpayers last year as it ratcheted up efforts to increase tax compliance.Revenues accrued to the national purse in the 11-month pe...Published: 10 Feb 2019 at 05:43hrs | | by Staff reporter
Load More Stories
