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TelOne suffers liquidity crunch
State-owned telecommunications giant TelOne Private Limited is facing a serious liquidity crisis amid revelations that the government owes the company US$19.2 million for voice and data services rende...Published: 18 hrs ago | 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 | 129 | by Staff reporter
Zimbabweans fume over 'extortionate' car duty valuations
A promotional campaign by the Zimbabwe Revenue Authority (ZIMRA), launched on June 29, 2025, to encourage voluntary compliance among vehicle owners has ignited widespread public outrage. Instead of fo...Published: 30 Jun 2025 at 13:18hrs | 3696 | by Staff reporter
Smugglers abandon vehicle, contraband in police chase
Police in Manicaland have impounded an abandoned Honda Fit packed with smuggled bales of second-hand clothes following a high-speed chase involving an anti-smuggling crack team on June 23, 2025....Published: 28 Jun 2025 at 15:07hrs | 184 | by Staff reporter
Zimbabwe suspends excise duty on raw wine imports
In a move aimed at boosting the local wine industry, the Zimbabwean government has suspended excise duty on imported raw wine for approved manufacturers. The measure, announced through Statutory Instr...Published: 28 Jun 2025 at 15:06hrs | 110 | by Staff reporter
Police bust second-hand clothing smuggling syndicate
Police in Gweru have dismantled a suspected second-hand clothing smuggling syndicate following an early morning raid in the Daylesford suburb, which led to the arrest of two suspects and the recovery ...Published: 26 Jun 2025 at 17:21hrs | 214 | 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 weakn...Published: 26 Jun 2025 at 11:26hrs | 1617 | by Staff reporter
Smugglers dump Honda Fit, contraband after cops chase
An anti-smuggling crack team operating along Zimbabwe's Manicaland border with Mozambique intercepted a suspected smuggling operation after discovering an abandoned vehicle packed with contraband seco...Published: 25 Jun 2025 at 15:53hrs | 245 | 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 | 109 | by Staff reporter
Smugglers dump vehicle, contraband after ZRP chase
MUTARE - An anti-smuggling crack team deployed in Zimbabwe's Manicaland peripheral borders intercepted and foil an attempt by unknown assailants to smuggle second-hand clothing bales from Mozambique i...Published: 25 Jun 2025 at 08:01hrs | 352 | by Gideon Madzikatidze
Bulawayo pair jailed for selling same stand twice
Two Bulawayo residents, Henessy Dube (46) and Flora Moyo (45), have been jailed for fraud after they were found guilty of duping a homebuyer by selling a residential stand in Highmount to two differen...Published: 23 Jun 2025 at 10:24hrs | 256 | by Staff reporter
ZIMRA waives fines for undeclared vehicles
The Zimbabwe Revenue Authority (ZIMRA) has rolled out a special moratorium inviting individuals, companies, and organisations in possession of improperly cleared motor vehicles to regularise their imp...Published: 23 Jun 2025 at 10:23hrs | 293 | by Staff reporter
Lake Kariba black market fish trade fuels illicit financial flow
A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...Published: 22 Jun 2025 at 09:08hrs | 215 | 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 | 88 | by Staff reporter
Vumbachikwe Mine moves to evict workers still occupying company houses after 2022 closure
GWANDA, Matabeleland South - Management at the struggling Vumbachikwe Mine has filed court summons seeking the eviction of two workers from company-owned houses, despite hundreds of others still occup...Published: 20 Jun 2025 at 22:25hrs | 283 | by Stephen Jakes
RioZim in eye of financial misconduct, fraud storm
Mining giant RioZim Limited is at the centre of a deepening scandal as allegations of financial misconduct, asset stripping, and systematic fraud continue to surface. According to sources familiar wit...Published: 19 Jun 2025 at 16:45hrs | 235 | by Staff reporter
Private sector, experts hail Zimra's TaRMS tax regime
Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...Published: 19 Jun 2025 at 07:16hrs | 207 | by Staff reporter
Zanu-PF Chair's car spotted in without number plates or insurance
A Toyota Fortuner belonging to Zanu-PF Harare Province youth chairman Emmanuel Mahachi has been caught on camera in Masvingo operating without a number plate, third plate, or valid insurance - a blata...Published: 10 Jun 2025 at 14:41hrs | 2196 | by Staff reporter
Zimbabwe to slash regulatory fees for beef, dairy and food processing sectors
The Government will soon gazette a revised schedule of regulatory fees for three key agricultural sub-sectors - beef, dairy and food processing - in a move designed to enhance the competitiveness of l...Published: 08 Jun 2025 at 11:55hrs | 129 | by Staff reporter
Stiff penalties for defiant motorists caught on camera
Thousands of motorists caught on camera running red traffic lights will face stringent penalties, including the inability to renew vehicle licences or pass through tollgates, as police roll out a robu...Published: 08 Jun 2025 at 11:53hrs | 159 | by Staff reporter
Zimbabwe deploys drones along Mozambique border
The Zimbabwean government has intensified efforts to clamp down on smuggling along the country's porous eastern border with Mozambique through the full-scale deployment of drone surveillance technolog...Published: 06 Jun 2025 at 09:44hrs | 847 | by Staff reporter
Bulawayo cracks down on informal trading
The City of Bulawayo (BCC) has announced a swift and decisive crackdown on micro, small, and medium enterprises (MSMEs) and other traders operating in undesignated areas within the city centre....Published: 05 Jun 2025 at 10:13hrs | 1946 | by Staff reporter
Border gridlock as Zimbabwe's new cement tax faces legal challenge
Over 50 haulage trucks loaded with white cement have been stranded at the Chirundu Border Post after the Zimbabwe Revenue Authority (ZIMRA) began enforcing a newly introduced 30 percent surtax on impo...Published: 01 Jun 2025 at 14:12hrs | 117 | by Staff reporter
Cement importer takes Mthuli Ncube to court
Leading cement importer Augutich Investments (PVT) LTD has taken Finance Minister Mthuli Ncube to the High Court, accusing him of unlawfully imposing a 30% surtax on cement imports covered under the C...Published: 31 May 2025 at 14:01hrs | 435 | by Staff reporter
Businessman in hot water over forged documents in ZPC tender deal
A local businessman is facing criminal charges after allegedly using forged documents to land a lucrative Zimbabwe Power Company (ZPC) contract, in a scandal that has drawn the attention of the Zimbab...Published: 30 May 2025 at 12:06hrs | 1284 | by Staff reporter
Chimombe, Mpofu trial kicks off
The trial of Harare businessmen Mike Chimombe and Moses Mpofu, accused of defrauding more than US$7 million from the Presidential Goat Pass-On Scheme, commenced at the High Court this Tuesday....Published: 28 May 2025 at 10:59hrs | 229 | by Staff reporter
Zimra exposes fraud kingpin
The Zimbabwe Revenue Authority (ZIMRA) has exposed a suspected fraud kingpin accused of impersonating tax officials to extort bribes in a fraudulent audit scheme. In a public notice released on 23 May...Published: 26 May 2025 at 08:02hrs | 610 | by Staff reporter
Court officials arrested for extortion
The prosecutor at Mutasa Magistrate Court, Shephard Chavarika, along with two police officers stationed at Mutasa Police Station, Liberty Tivafukidze and Sencia Masase, have been arrested and charged ...Published: 26 May 2025 at 08:01hrs | 89 | by Staff reporter
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 co...Published: 24 May 2025 at 10:59hrs | 233 | by Staff reporter
Witness incriminates Ministry of Industry and Commerce officials
The trial of three Ministry of Industry and Commerce officials accused of issuing fraudulent vehicle import licences to over 200 unqualified individuals resumed this week, with damning forensic eviden...Published: 24 May 2025 at 09:21hrs | 576 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 619 | by Staff reporter
Rwandan refugees in Zimbabwe accused of fuelling anti-Kagame agenda
Zimbabwe is harbouring a covert network of Rwandan refugees opposed to President Paul Kagame's government who are accused of engaging in clandestine operations aimed at sabotaging diplomatic ties betw...Published: 21 May 2025 at 11:16hrs | 583 | by Staff reporter
Zimra impounds buses from Beitbridge border post
The Zimbabwe Revenue Authority (ZIMRA) has announced it is impounding buses cleared at Beitbridge Border Post for reinspection due to a surge in smuggling activities at the country's busiest entry poi...Published: 18 May 2025 at 12:14hrs | 1282 | by Staff reporter
Zimbabwe mining industry to grow by 7% in 2025
Zimbabwe's mining industry is projected to grow by more than 7 percent in 2025, spurred by stellar performances in gold and coal production, according to the Chamber of Mines of Zimbabwe (CoMZ)....Published: 18 May 2025 at 11:48hrs | 275 | by Staff reporter
Smugglers nabbed with second-hand clothes bales
Two Mozambican nationals were arrested on Tuesday after they were caught with smuggled bales of second-hand clothes in Mutare's Greenside suburb.Acting on a tip-off, police operatives from Mut...Published: 17 May 2025 at 12:04hrs | 94 | 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 | 399 | by `
Delta tax burden could soar to US$329m
Beverage giant Delta Corporation Limited risks a staggering US$329 million tax liability for its financial year ended March 31, 2025, if it loses ongoing court appeals against additional tax assessmen...Published: 16 May 2025 at 10:32hrs | 430 | by Staff reporter
Has Zimra lost confidence in its own Beitbridge operations?
The Zimbabwe Revenue Authority (ZIMRA) is under fire for what passengers and transport operators are calling a "clear vote of no confidence" in its own border operations at Beitbridge, after a series ...Published: 13 May 2025 at 18:24hrs | 1657 | by Staff reporter
Roman Catholic priest in court for fraud
Plumtree - A Roman Catholic priest based at Embakwe Mission, Qinisela Wilfred Moyo, has been arraigned before the courts for allegedly generating a fake donation letter to fraudulently secure duty-fre...Published: 13 May 2025 at 14:44hrs | 1070 | by Simbarashe Sithole
17 tonnes of T-shirts land Zimra officials, NGO director in court
Two Zimbabwe Revenue Authority (Zimra) officials, along with five other individuals, have been arrested and brought before the Harare Magistrates' Courts following allegations of smuggling 17 tonnes o...Published: 13 May 2025 at 10:25hrs | 5834 | by Staff reporter
Fresh capital discussions delay Beta Bricks restart
The long-awaited reopening of BETA Bricks has been delayed due to unresolved negotiations with three potential investors who were expected to inject capital into the company. Initially scheduled for t...Published: 13 May 2025 at 10:07hrs | 166 | by Staff reporter
Treasury surpasses Q1 tax revenue target
Zimbabwe has exceeded its tax revenue collection target for the first quarter of 2025, with the Zimbabwe Revenue Authority (ZIMRA) collecting US$1.5 billion, marking a significant milestone in the gov...Published: 13 May 2025 at 10:02hrs | 116 | by Staff reporter
ZSE granted self-listing approval
The Zimbabwe Stock Exchange (ZSE) is set to list itself on its own bourse following the gazetting of Statutory Instrument 49 of 2025 by the Minister of Finance, Economic Development and Investment Pro...Published: 12 May 2025 at 18:12hrs | 95 | by Staff reporter
6 arrested for smuggling 17,5 tonnes of T-shirts
Six individuals, including two ZIMRA officials and a clearing agent, appeared in court yesterday facing charges of fraud after allegedly orchestrating a scheme to evade more than US$78,880 in customs ...Published: 10 May 2025 at 20:48hrs | 1812 | by Staff reporter
Zimbabwe govt's anti-smuggling dragnet nets 472
The Government of Zimbabwe has ramped up its efforts in the ongoing anti-smuggling blitz, resulting in over 200 prosecutions and 269 compliance notices issued as part of a sustained crackdown against ...Published: 06 May 2025 at 08:51hrs | 209 | by Staff reporter
Zimbabwe introduces rebate for EV Charging systems
In a bid to accelerate the adoption of electric vehicles (EVs) and strengthen sustainable energy infrastructure, the Government of Zimbabwe has introduced a duty rebate on imported equipment used to s...Published: 04 May 2025 at 09:13hrs | 389 | by Staff reporter
Beitbridge clearing agent jailed for smuggling
A Beitbridge clearing agent, Brian Zimbume, has been sentenced to 18 months in prison after being convicted of fraud and smuggling related offences. Zimbume, who was employed by Andalusia Investments ...Published: 28 Apr 2025 at 12:38hrs | 314 | by Staff reporter
Zimbabwe introduces rebate on solar equipment for EV charging stations
In a bid to accelerate the adoption of electric vehicles (EVs) and bolster the country's transition to cleaner energy, Zimbabwe has introduced a duty rebate on imported equipment for the establishment...Published: 28 Apr 2025 at 12:34hrs | 186 | by Staff reporter
Zimbabwe's suspension of tariffs on US goods triggers debate
The recent decision by the Zimbabwean Government to suspend a 35 percent tariff previously levied on goods from the United States has ignited a spirited debate among economic stakeholders, with the Na...Published: 28 Apr 2025 at 12:25hrs | 197 | by Staff reporter
ZIMRA hosts Southern Africa Inter-Revenue games: Promotes Tourism
The Zimbabwe Revenue Authority (ZIMRA) recently hosted the Southern Africa Inter-Revenue Games tournament, where Zambia and Lesotho dominated by winning most of the medals.Held from April 18 t...Published: 22 Apr 2025 at 16:54hrs | 444 | by Agencies
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