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Mthuli Ncube reduces IMTT again

The Government is considering a further reduction in the Intermediated Money Transfer Tax (IMTT) as it explores alternative revenue sources to compensate for any resulting shortfall.Finance Minister Mthuli Ncube said the proposed reduction…

Published: 22 Oct 2026 at 10:34hrs | 245 | by Staff reporter

Banks pressures Mthuli Ncube to abolish IMTT

Banks are mounting pressure on Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube to abolish the Intermediated Money Transfer Tax (IMTT), arguing that the levy is undermining financial inclusion, discour…

Published: 09 Jul 2026 at 20:32hrs | 871 | by Staff reporter

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Mthuli Ncube reduces IMTT again

Banks pressures Mthuli Ncube to abolish IMTT

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