Search / Taxation
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 | 520 | by Staff reporter
Zimbabweans will always suffer as long as we rely on politicians for change
Over the past two and a half decades, the country has faced unprecedented economic challenges, from record-breaking hyperinflation and extreme poverty to massive deindustrialization and soaring unempl...Published: 19 Dec 2024 at 12:41hrs | 212 | by Tendai Ruben Mbofana
A desperate government goes door to door
Zimbabweans are grappling with one of the highest tax burdens in the world, facing exorbitant charges for government services that only seem to increase. In a startling turn of events, According to Th...Published: 19 Dec 2024 at 11:02hrs | 888 | by Engineer Jacob Kudzayi Mutisi
Zimra wants Zimbabwe churches to 'Give to Caesar what belongs to Caesar'
The Zimbabwe Revenue Authority (ZIMRA) has announced plans to hold a stakeholder engagement with churches to discuss tax compliance across various applicable categories, aiming to enhance transparency...Published: 12 Dec 2024 at 14:59hrs | 1082 | by Staff reporter
Mthuli Ncube's budget is anti-people, anti-business and anti-Zimbabwe
Citizens Coalition for Change Statement on 2025 budget statement The recent national budget proposal exposes the Zanu-PF government's obnoxious penchant to compulsorily expropriate people's mo...Published: 30 Nov 2024 at 13:28hrs | 81 | by Willias Madzimure
CCC veteran slams Mthuli Ncube's 2025 budget as 'anti-people'
Veteran opposition official and Member of Parliament for the Citizens Coalition for Change (CCC), Willias Madzimure, has strongly condemned the government's 2025 national budget, accusing it of extort...Published: 30 Nov 2024 at 13:26hrs | 80 | by Staff reporter
2025 Budget: A shallow, hollow, narcissistic and dishonest anti-people ritual
THE 2024 budget statement was presented in backdrop of a tough and challenging year for the working people of Zimbabwe. A year in which the citizen had been abused by extreme levels of inflation, emas...Published: 29 Nov 2024 at 18:47hrs | 731 | by Tendai Biti
How Zimbabwe's ruling elite fund their luxuries at the expense of ordinary citizens
They live a tax-free lifestyle, do not pay duty to import vehicles and yet they introduce a new tax every year to fund their luxurious lifestyle. In Zimbabwe, the stark contrast between the lifestyles...Published: 29 Nov 2024 at 12:38hrs | 820 | by Jacob Kudzayi Mutisi
Mthuli Ncube squeezes taxpayers
Finance, Economic Development and Investment Promotion Minister, Mthuli Ncube, yesterday unveiled a set of new taxes aimed at bolstering government revenue in the 2025 national budget. The tax measure...Published: 29 Nov 2024 at 07:16hrs | 818 | by Staff reporter
Zimbabwe introduces taxes on pizza, burgers, fries
Finance Minister Mthuli Ncube has announced a new 0.5% tax on fast foods and a 10% withholding tax on sports betting winnings, set to take effect on January 1, 2025. The measures, unveiled during...Published: 28 Nov 2024 at 16:17hrs | 2144 | by Staff reporter
'Zimbabwe economy among the least free globally'
Zimbabwe's economy remains among the least free globally, according to the Fraser Institute's newly released Economic Freedom Country Audit Zimbabwe (EFCAZ). The Canadian public policy think-tank, ren...Published: 08 Nov 2024 at 07:02hrs | 666 | by Staff reporter
Zimbabwe's economy to grow 6% in 2025
Zimbabwe's economy is projected to expand by six percent in 2025, bolstered by favorable rainfall conditions that are expected to boost agricultural productivity, Finance, Economic Development, and In...Published: 07 Nov 2024 at 07:00hrs | 286 | by Staff reporter
Why Kamala Harris Lost and How Donald Trump Won: A Deep Analysis of the 2024 US Election
Today I am mourning, but this too shall favour me - Donald Trump's victory and Kamala Harris's loss carry lessons for us all. She joined the race just 107 days ago, facing a former president who began...Published: 06 Nov 2024 at 12:43hrs | 1722 | by Ifeanyi Abraham
Zimbabwe's gold output surges 33%
Zimbabwe's gold production surged by 33 percent in the third quarter of 2024, with output rising to 10.3 tonnes, compared to 7.7 tonnes in the previous quarter, according to official data from Fidelit...Published: 30 Oct 2024 at 07:53hrs | 148 | by Staff reporter
New Zealand's groundbreaking move toward regulating online casinos
The New Zealand government has taken a significant step toward regulating its online casino industry, marking a pivotal moment in the country's gambling landscape. As the popularity of online gambling...Published: 28 Oct 2024 at 13:03hrs | 172 | by Staff Reporter
Foreign mining companies should follow Zimbabwe laws
Foreign mining companies must ensure their operations in Zimbabwe benefit indigenous citizens, who are the rightful owners of the country's natural resources. This was the message from Remigious Matan...Published: 03 Oct 2024 at 08:40hrs | 154 | by Staff reporter
South Africa energy poverty to deepen
I want to talk to you about the attached report. It is available online.The report is about the future of European competitiveness and outlines a competitiveness strategy for Europe in Septemb...Published: 11 Sep 2024 at 13:45hrs | 211 | by Engineer Matšhela Koko
ZiG manipulators face stiff sentences
Cabinet considered the report on basic commodities prices and availability and issues constraining local industry as presented by the Honourable Vice President Gen (Rtd) Dr CGDN Chiwenga. On m...Published: 07 Aug 2024 at 11:24hrs | 361 | by Staff reporter
Benefits of Having the Maltese Passport for Retired Footballers
For retired footballers looking to enjoy their golden years, obtaining a Maltese passport can open up a world of opportunities. One of the key benefits of having a Maltese passport is the ability to t...Published: 29 Jul 2024 at 12:16hrs | 529 | by Staff Reporter
Cost-cutting money transfer facility launched
In the wake of liquidity crunch, economic meltdown and massive transaction taxation on remittances, TX Money Transfer has been launched this Wednesday to ease doing of business.The facility ha...Published: 11 Jul 2024 at 14:36hrs | 194 | by Edson Mapani in Buhera
IMF to visit Zimbabwe next month
The International Monetary Fund (IMF) is scheduled to visit Zimbabwe this month for its Article IV consultation mission amid concerns about the country's economic trajectory. The mission will ...Published: 09 Jun 2024 at 09:10hrs | | by Staff reporter
Gift Mabhaudhi successfully advocates for removal of taxes on devices for persons with disabilities
Renowned ZANU PF DCC leader and disability rights activist, Gift Mabhaudhi, has recently achieved a major victory in the ongoing battle for fair treatment and accessibility for persons with disabiliti...Published: 13 Apr 2024 at 17:10hrs | 12 | by Nkululeko Nkomo
Internet providers bemoan high taxation
ZIMBABWE'S internet access providers (IAPs) have raised concern about high taxes which they claim are impeding their ability to operate and forcing them to pass the costs to customers, Standardbusines...Published: 07 Apr 2024 at 10:22hrs | 1 | by Staff reporter
Enos Nkala's property detroyed
THE widow of the late veteran nationalist and National Hero, Enos Nkala, has been left in shock after a tenant who was occupying the family's business premises at Mbalabala along the Bulawayo-Beitbrid...Published: 24 Mar 2024 at 14:57hrs | 1 | by Staff reporter
Court grants farm ownership to tenant after 30 years of rent
IN a landmark ruling, the High Court of Zimbabwe has declared that a tenant can take ownership of a property in which one has been consistently paying for rates and rentals for a period of 30 years....Published: 10 Mar 2024 at 06:27hrs | 8 | by Staff reporter
Zimbabwe treasury exposes abuse of sugar tax for profiteering
GOVERNMENT has condemned the abuse of the Beverages Sugar Content Tax and other tariff measures by some businesses that deliberately misinterpret clear policy propositions for profiteering while unjus...Published: 28 Feb 2024 at 06:27hrs | 1 | by Staff reporter
Exploring the new mines and taxation law
In Zimbabwe, the Finance Act No. 13 of 2023, specifically Section 26(3), introduces a unique provision regarding the taxation of mining titles. This legislation imposes a special capital gains tax on ...Published: 26 Feb 2024 at 14:18hrs | 1 | by Clifford S. Ncube
Zimbabwe rural teachers declare poverty, strike
RURAL teachers have downed their tools after officially declaring incapacitation to the government as a new wave of price increases is pushing the cost of living to astronomical levels.In an i...Published: 12 Feb 2024 at 13:53hrs | 2 | by Staff reporter
Delta, Zimra fight over US$ tax
DELTA Beverages Pvt Ltd is up in arms with the Zimbabwe Revenue Authority (Zimra) after the tax collector concluded that the company had improperly computed its income tax, resulting in the matter spi...Published: 29 Jan 2024 at 10:14hrs | 11 | by Staff reporter
Zanu-PF's aspiring MP told to stop promising heaven on earth after failing for 44 years
Residents of the Pelandaba - Tshabalala Constituency have emphatically conveyed to Zanu-PF candidate Joseph Tshuma that making promises holds no sway with them, as they have grown weary of the party's...Published: 23 Jan 2024 at 04:47hrs | 1 | by Staff reporter
Heavy tax chews up Zimbabwe civil servants' US$300 salary
CIVIL servants have bitterly protested over the government's heavy taxation of their United States dollar salary component, which is leaving them with little US$ disposable income. The government rece...Published: 22 Jan 2024 at 10:38hrs | 3 | by Staff reporter
Zimdollar exchange rate bolts
MARKET watchers have predicted a gloomy 2024 outlook amid a galloping exchange rate, steep taxation and an ever tanking economy, NewsDay reported.As usual, this is heavily impacting on ordinar...Published: 08 Jan 2024 at 05:36hrs | 11 | by Staff reporter
Zimbabwe prices soar as new taxes kick in
THE year 2024 has started on a sombre note for citizens as prices of basic commodities surge in the wake of businesses implementing new government tax measures.Meat dealers have indicated that...Published: 05 Jan 2024 at 05:53hrs | 12 | by Staff reporter
CCC MPs sold out
THE Citizens Coalition for Change (CCC) on Thursday had a bloodrush to the head. They caused a mini commotion in the National Assembly and took with them down the people of Zimbabwe when they received...Published: 17 Dec 2023 at 18:09hrs | 1 | by Paidamoyo Muzulu
Our natural resources are our taxes
Dear Finance Minister, Prof Mthuli NcubeSurely, why the 1% property tax, let us tax our minerals. Zimbabwe is considered rich in minerals because it possesses significant quantities of v...Published: 09 Dec 2023 at 14:15hrs | 14 | by Engineer Jacob Kudzayi Mutisi
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 | 10 | by Staff reporter
Mthuli Ncube targets revenue from backyard chicken producers, informal businesses
Unregistered small businesses reaping profits from the country's money-spinning environment could soon find themselves elbowed out of the supply chain, finance minister Mthuli Ncube said recently, as ...Published: 04 Dec 2023 at 06:53hrs | 11 | by Staff reporter
Chamisa's CCC borrows poor language from Nerves Mumba
IN A WHAT COMES ACROSS AS A POOR CASE OF BORROWING poor language from Nerves Mumba's controversial Sadc Electoral Observation Mission on Zimbabwe's 2023 harmonised general election, Nelson Chamisa's C...Published: 03 Dec 2023 at 18:23hrs | 9 | by Jonathan Moyo
'Zimbabweans are already overtaxed'
AMERICAN financial literacy website, Investopedia defines 'wealth tax' as a tax based on the market value of assets owned by a taxpayer.A wealth tax is typically put on a 'high-net-worth' indi...Published: 03 Dec 2023 at 17:37hrs | 12 | by Staff reporter
A sad Christmas present from clueless Mthuli Ncube
The just presented 2024 budget by Prof Mthuli Ncube has left Zimbabweans in shock. This is the worst budget ever produced by minister of Finance since independence and the colonial era.It has ...Published: 02 Dec 2023 at 10:39hrs | 13 | by Leonard Koni
Mthuli Ncube's budget has strong traits of capitalism
THE Zimbabwe Congress of Trade Unions (ZCTU) has slammed the just passed 2024 National Budget describing it as largely anti-welfare.This follows the tabling of a ZW$58,2 trillion National Budg...Published: 02 Dec 2023 at 05:45hrs | 10 | by Staff reporter
Mthuli Ncube's 2024 budget a 'mass misery'
OPPOSITION legislators yesterday accused Finance minister, Mthuli Ncube, of condemning millions of citizens to a life of misery with an anti-people budget containing a basket of tax increases beginnin...Published: 01 Dec 2023 at 04:59hrs | 9 | by Staff reporter
Zimbabwe's an anti-poor budget
Finance, Economic Development and Investment Promotion minister Mthuli Ncube yesterday presented the ZWL$58,2 trillion 2024 national budget.According to the Treasury chief, the economy is proj...Published: 01 Dec 2023 at 04:55hrs | 10 | by Staff reporter
Professor Ncube readies Zimbabwe's budget
AS Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, readies to present the 2024 National Budget tomorrow, expectations are high that it will consolidate prevail...Published: 29 Nov 2023 at 05:08hrs | 12 | by Staff reporter
Mthuli Ncube's budget dilemma
DON'T tell me what you value, show me your budget and I'll tell you what you value:" Joe Biden.Ordinarily, Finance minister Mthuli Ncube should have presented the ZWL$47,8 trillion 2024 nation...Published: 25 Nov 2023 at 07:59hrs | 10 | by Paidamoyo Muzulu
Zimbabwe's Cross Border traders commend price stability measures
The Zimbabwe Cross Border Traders Association (ZCBTA) has commended authorities for implementing comprehensive measures that have contributed to price stability. The recognition follows the maintenanc...Published: 23 Nov 2023 at 05:45hrs | | by Staff reporter
Shortages of goods in Zimbabwe under probe
Industry and Commerce Minister Dr. Sithembiso Nyoni has addressed the artificial shortage of some essential goods in Harare's formal market, with a focus on ensuring price stability. During an engagem...Published: 25 Oct 2023 at 06:34hrs | 1 | by Staff reporter
AI and the Architecture of Governance: Redefining Politics, Welfare, and Wealth Distribution
Introduction: Artificial Intelligence (AI) is poised to revolutionize the architecture of governance, transforming the way societies are managed and how...Published: 15 Oct 2023 at 10:53hrs | 1 | by Tedious Teddy Ncube
Adam Molai's Pacific Cigarette Company forced into voluntary corporate rescue
Pacific Cigarette Company (PCC), led by local business magnate Adam Molai, has voluntarily initiated corporate rescue proceedings due to a substantial $19 million tax liability. This move comes amid a...Published: 09 Oct 2023 at 16:00hrs | 145 | by Staff reporter
How taxation and royalties work in Zimbabwe's mining industry
The mining industry in Zimbabwe is not only rich in mineral resources but also subject to a nuanced taxation and royalty framework. In this article, we delve into the special rules governing taxation ...Published: 05 Oct 2023 at 11:10hrs | 104 | by Clifford S. Ncube
Load More Stories
