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'Zimbabwe losing billions in tax revenue to informal sector'
Zimbabwe is losing between US$7.5 billion and US$8 billion in potential tax revenue every year due to the dominance of its informal sector, according to new estimates by the African Development Bank (...Published: 04 Jul 2025 at 14:22hrs | 204 | 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 | 89 | 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 | 442 | by Staff reporter
How can MPs protect Zimbabweans from exploitation when they themselves are shielded?
It's a tragedy when those meant to represent you no longer do. The recent enactment of a law compelling Zimbabwean motorists to first purchase a ZBC car radio licence before they are allowed t...Published: 29 May 2025 at 20:29hrs | 320 | by Tendai Ruben Mbofana
Trump unveils new global tariffs, Zimbabwe faces 18% reciprocal tax
US President Donald Trump on Wednesday acted on his campaign promises to "build that wall" and announced a raft of tariffs targeting countries around the world, including some of America's closest tra...Published: 03 Apr 2025 at 08:00hrs | 737 | by Staff reported
Zimra raids smuggling points along Limpopo, destroys boats
The Zimbabwe Revenue Authority (Zimra), in a groundbreaking drone-led operation, raided several smuggling points along the Limpopo River on Tuesday, confiscating and destroying boats used to illegally...Published: 11 Feb 2025 at 16:27hrs | 1122 | by Staff reporter
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 | 581 | 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 | 222 | 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 | 929 | by Engineer Jacob Kudzayi Mutisi
CSOs voice strong opposition to the Zimbabwe tax
Civil Society Organisations (CSOs) have voiced strong opposition to the Zimbabwean government's 2025 national budget, criticizing new taxes as oppressive and harmful to citizens already struggling wit...Published: 03 Dec 2024 at 08:54hrs | 222 | by Staff reporter
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 | 831 | 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 | 825 | by Staff reporter
Massive rot hits RDCs
SEVERAL rural district councils (RDCs) across the country have come under the spotlight amid allegations of rot following audits by relevant authorities.The Zimbabwe's Anti-Corruption Commissi...Published: 25 Mar 2024 at 05:33hrs | 6 | by Staff reporter
Zimbabwe varsity workers threaten strike over poor salaries
State university workers have threatened to down tools accusing the government of failing to pay decent salaries.The workers through their unions, the Zimbabwe State Universities Union of Acad...Published: 19 Feb 2024 at 04:54hrs | 4 | by Staff reporter
Zimbabwe govt workers starving
FUNERAL policies and medical aid contributions are gobbling up a huge chunk of civil servants earnings, leaving most of them with little for food, rent, school fees and transport, NewsDay has been inf...Published: 16 Feb 2024 at 05:02hrs | 3 | by Staff reporter
Zimbabwe leaders are from Mars!
I WAS touched by an impassioned plea by a fellow Zimbabwean.He appeared on local television, imploring the government to remove VAT (value added tax) on rice. His logic was that rice w...Published: 13 Feb 2024 at 19:19hrs | 1 | by Tendai Ruben Mbofana
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
CCC in uncertain waters
WE are only a month into the new year, but it already feels like it has been long. The political year has started in earnest, lending credence to the counsel of political sages: A day is a very long t...Published: 09 Feb 2024 at 10:02hrs | 2 | by Ntando Dumani
Zimra gives small businesses tax reprieve
The Zimbabwe Revenue Authority (Zimra) has offered a six-month grace period for informal businesses to register for taxes in a move seen to boost State revenues.Revised guidelines outlining sp...Published: 30 Jan 2024 at 04:20hrs | 10 | 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 | 5 | by Staff reporter
US$300 Covid allowance goes permanent as salary
Civil servants will now be receiving the old US$300 Covid-19 allowances as part of their permanent pensionable salary, with the first batches of workers, including uniformed forces and health workers,...Published: 12 Jan 2024 at 05:02hrs | 2 | by Staff reporter
Mthuli Ncube's taxes kick in
Zimbabweans will begin a new year tomorrow faced with a basket of new taxes, levies and fees that will push up the cost of living for many that are already struggling to make ends meet.Finance...Published: 31 Dec 2023 at 13:00hrs | 11 | by Staff reporter
How greed stole Christmas for poor Zimbabweans
Christmas is supposed to be the season for good cheer, but for most Zimbabweans this year will be another difficult festive season as they struggle to put food on the table.It has been yet ano...Published: 27 Dec 2023 at 19:43hrs | 10 | by Staff reporter
Zimbabwe govt urged to dollarise pensions
THE Zimbabwe National Union of School Heads (Zinush) has pleaded for the dollarisation of pensions as inflation continues to eat away the life savings of educators, condemning many to poverty after ye...Published: 27 Dec 2023 at 07:32hrs | 16 | by Staff reporter
Zimbabwe's house negroes
THERE was once a fire at the slave master mansion and the house negro was heard wailing: "Our house is on fire!" much to the astonishment of the field negroes.This small anecdote flashed and r...Published: 23 Dec 2023 at 10:21hrs | 14 | by Paidamoyo Muzulu
New taxes on luxury vehicles take effect
The new surcharge increasing the duty on luxury cars, double cabs and SUVs valued at more than US$120 000 is now law and comes into effect on January 1.Commercial and industrial vehicles and v...Published: 15 Dec 2023 at 07:21hrs | 1 | by Staff reporter
Mthuli back track on wealth tax ...amid concerns govt is not applying mind on serious issues
MInister of Finance Mthuli Ncube has reportedly backtracked on the 1% Wealth Tax on property amid concerns by former MDC Matabeleland North senator Chief ...Published: 15 Dec 2023 at 07:21hrs | 2 | by Stephen Jakes
Govt is crippling local authorities
The government has been accused of crippling the local authorities' operations on conditions that are run by the opposition.This was revealed recently by the Zimbabwe Coalition on Debt and Dev...Published: 10 Dec 2023 at 13:09hrs | 15 | by Stephen Jakes
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
'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 | 16 | by Staff reporter
Farmers struggle to service loans
FARMERS, who obtained loans through the CBZ Bank Agro Yield programme to finance their businesses during the last three farming seasons are having difficulty in repaying them, with official data showi...Published: 26 Jul 2023 at 06:43hrs | 4 | by Staff reporter
Fuel smuggling hampers growth
FUEL smuggling into Zimbabwe is hampering the Government's revenue collection, and has become a threat to economic growth, despite tax and law enforcement authorities' efforts to curb the scourge....Published: 20 Jun 2023 at 06:46hrs | 6 | by Staff reporter
Zimbabwe gold smugglers use South African banks, bribes to launder money
Several key officials at three major South African banks are helping a gold smuggling gang launder millions of dollars of dirty cash in exchange for regular bribes, an Al Jazeera investigation has fou...Published: 01 Apr 2023 at 17:56hrs | 1 | by Staff reporter
Who are Zimbabwe's Gold Mafia?
They operate from the shadows. Al Jazeera's latest investigation, The Gold Mafia, brings their crimes out into the open. Last week, Part 1 of ‘Who are the Gold Mafia?‘ dove into the lives of some ...Published: 31 Mar 2023 at 07:40hrs | 4 | by Staff reporter
Is Hwange Unit 7 another huge big scam and con job?
Is it just me, or has everyone else also noticed that, ever since Hwange Unit 7 Thermal Power Station came online, two days ago, load shedding has strangely increased?Excuse me for my ignoranc...Published: 22 Mar 2023 at 07:16hrs | 1 | by Tendai Ruben Mbofana
Zimra happy with block tax system
THE Zimbabwe Revenue Authority (Zimra) says it is satisfied with the preliminary results of the Block Management System (BMS) that classifies all taxpayers into specific geographical locations or zone...Published: 28 Feb 2023 at 07:36hrs | 3 | by Staff reporter
Sharpe chickens out, withdraws $20 million lawsuit
Ken Sharpe's has chickened out of his $20 million claim against a company he accused of causing him huge financial prejudice by erecting a billboard urging people not to buy stands on land under conte...Published: 27 Feb 2023 at 22:11hrs | 3 | by Paul Ndou
11 Zimbabwean men, 10-car cigarette smuggling convoy intercepted in SA
South African police have intensified their crackdown on the smuggling of cigarettes from Zimbabwe via Beitbridge and illegal crossing points along the Limpopo River, seizing five vehicles and cigaret...Published: 12 Feb 2023 at 07:22hrs | 11 | by Staff reporter
'Mthuli Ncube must pay civil servants USD salaries'
PRESSURE is mounting on Finance minister Mthuli Ncube to announce the payment of civil servants' salaries in United States dollars in the 2023 national budget which he will announce today.Ncub...Published: 24 Nov 2022 at 04:59hrs | 1 | by Staff reporter
Plastic carrier bag ban postponed
THE Zimbabwe Environmental Management Agency (Ema) has indefinitely postponed a ban on plastic carrier bag use, which was initially scheduled for December 31 this year.In a letter to the Confe...Published: 19 Nov 2022 at 06:31hrs | 1 | by Staff reporter
Africans are to blame for soon-coming Nuclear World War III
When human beings were created, there was a certain field of knowledge which they were not supposed to extrapolate into. Knowledge was supposed to be limited for the good and continuity of this Planet...Published: 05 Nov 2022 at 05:36hrs | 7 | by Ryton Dzimiri
High Court summons Katsimberis for civil imprisonment
CONTROVERSIAL property developer George Katsimberis has been issued with summons for civil imprisonment by the registrar of High Court after he failed to pay US$10 535 to Pokugara Properties, Po...Published: 19 Oct 2022 at 05:59hrs | 3 | by Staff reporter
'Billions of electronic transactions untaxed'
AS the use of modern electronic payment systems continues to grow globally, experts say it is critical to increase investment into fiscal tools that enable the country to widen its ability to tax elec...Published: 19 Oct 2022 at 05:56hrs | 2 | by Staff reporter
Mining companies in Zimbabwe to pay royalties in the form of minerals
MINING companies in Zimbabwe will now pay royalties to the government in the form of minerals as a percentage of the mined resources effective October 1, President Emmerson Mnangagwa has said....Published: 09 Oct 2022 at 11:02hrs | | by Staff reporter
Scrap 2% tax, citizens tell Govt
Citizens have demanded that the 2% transaction tax be scrapped, saying it is a burden to the already financially hamstrung and over-taxed population.This came out on Monday during the 2023 pre...Published: 05 Oct 2022 at 06:37hrs | 2 | by Staff reporter
Call to review Zimbabwe tax thresholds
Government has been implored to increase the exemption threshold on payroll tax to cushion workers from current challenges such as high inflation and the contagion effects of conflict between Russia a...Published: 26 Jun 2022 at 08:09hrs | | by Staff reporter
Scandal-ridden company monitors Zimbabwe calls
THE company which installed a Telecommunications Traffic Monitoring System (TTMS) at the Postal and Telecommunications Regulatory Authority of Zimbabwe headquarters in Harare this week — Global Voic...Published: 11 Jun 2022 at 20:42hrs | 25 | by Staff reporter
Bank workers appeal to Mthulisi Ncube for tax relief
THE Zimbabwe Banks and Allied Workers Union (Zibawu) has urged Finance minister Mthuli Ncube to raise the income tax free threshold in both foreign and local currencies in line with inflation and curr...Published: 05 Jun 2022 at 09:17hrs | 1 | by Staff reporter
Mnangagwa's scorecard after 4 years
THIS week had two special days - Workers Day and Press Freedom Day - they both had muted celebrations. Something has changed, the economy is not working and the two are now holidays threatened by exti...Published: 07 May 2022 at 06:20hrs | 13 | by Paidamoyo Muzulu
Zimbabwe business people involved in potatoes smuggling in Botswana
ZIMBABWEAN business people are reportedly involved in the alleged smuggling of potatoes syndicate with South African farmers and Botswana business men fol...Published: 25 Apr 2022 at 07:00hrs | 26 | by Stephen Jakes
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