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Zimbabwe scraps VAT on LPG, prices fall 10%
Zimbabwe's push for sustainable energy solutions has received a significant boost following the government's removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG), a move that has led to a...Published: 10 Jan 2025 at 12:06hrs | 773 | by Staff reporter
Zimbabwe govt scraps VAT on livestock sales
The Ministry of Finance, Economic Development, and Investment Promotion has proposed VAT exemptions on live animals to boost meat demand and support formal trade in the livestock sector. Last ...Published: 26 Jul 2024 at 06:35hrs | 335 | 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
Zimbabwe millers warn of rice price hikes
THE Grain Millers Association of Zimbabwe (GMAZ) has approached the Treasury to scrap the 15% value-added tax (VAT) on rice, warning that the levy will hit consumer spending.The developments c...Published: 25 Feb 2024 at 09:26hrs | 2 | by Staff reporter
Mthulisi Ncube exempts VAT on key basic commodities
TREASURY has gazetted the suspension of Value Added Tax (VAT) on selected basic commodities with effect from today as part of Government measures to tame price increases while boosting consumer purcha...Published: 01 Feb 2024 at 04:57hrs | 16 | by Staff reporter
'Mnangagwa's govt has agreed to suspend decisions on retail and VAT'
The government may suspend its unpopular decisions on trading and Value Added Tax to give time for talks with businesses, according to a leading industry group.Finance Minister Mthuli Ncube an...Published: 07 Jan 2024 at 17:33hrs | 18 | by Staff reporter
Mthuli Ncube's new tax regime to trigger price hikes
The recently proposed tax regime by Finance Minister Mthuli Ncube is anticipated to lead to significant price increases, with the Grain Millers Association of Zimbabwe (GMAZ) forecasting a potential U...Published: 07 Dec 2023 at 05:35hrs | 10 | by Staff reporter
Retailers want zero VAT restored on basics
THE Confederation of Zimbabwe Retailers has called on Finance, Economic Development and Investment Promotion Minister Mthuli Ncube to reverse proposals to introduce Value Added Tax on a small range of...Published: 06 Dec 2023 at 05:04hrs | 13 | by Staff reporter
IMF Calls for More Taxes as Citizens Face Cost-of-living-crisis
THE Zimbabwe Coalition on Debt and Development has revealed that the International Monetary Fund (IMF) has called for more taxes as citizens in Zimbabwe f...Published: 14 Apr 2022 at 08:09hrs | 9 | by Stephen Jakes
Zimra 'clarifies' backdated VAT on rice
THE Zimbabwe Revenue Authority (Zimra) has maintained that the collection of Value Added Tax (VAT) on rice packages of 25 kilogrammes and below, which is being backdated to February 2017, is in line w...Published: 25 Dec 2020 at 07:11hrs | | by Staff reporter
Backlash over rice tax
THE Confederation of Zimbabwe Retailers (CZR) came out guns blazing yesterday, slamming the Zimbabwe Revenue Authority (Zimra) for undermining business confidence following latest moves to charge Valu...Published: 22 Dec 2020 at 07:04hrs | | 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 | 1 | by Theresa Farai Nyava
Chinamasa's 2017 budget highlights
Finance Minister Patrick Chinamasa on Thursday presented a $4,1 billion budget proposal for 2017.Chinamasa said growth is projected to be at 1,7% and inflation at 1,1% from a negative 1,...Published: 08 Dec 2016 at 15:10hrs | | by Staff Reporter
Zimbabwe Council for Tourism lobbies for VAT exemption
The Zimbabwe Council for Tourism has pledged to continue lobbying for zero rating for foreign visitors' accommodation payments as the recently-imposed VAT threatens the tourism sector recovery. ...Published: 23 Feb 2015 at 06:51hrs | | by Staff reporter
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