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NEWS & CURRENT AFFAIRS

Topic : Intermediate Money Transfer Tax

Treasury to revoke mining tax breaks... as businesses say choked by high taxes
For transactions above this threshold, a lower rate of US$0,05 per dollar applies. The tax now also covers gold-backed digital token transactions.
By Melody Chikono 22h ago
Treasury to revoke mining tax breaks... as businesses say choked by high taxes
Premium

Banks raid accounts over IMMT ‘arrears’
The IMTT on foreign and local currency transactions is pegged at 1% and 2%, respectively.
By Tafadzwa Mhlanga Dec. 31, 2023
Banks raid accounts over IMMT ‘arrears’

Restrictive SIs rile business
The government has repeatedly blamed businesses for causing exchange rate instability through profiteering.
By Kudzai Kuwaza Sep. 30, 2022
Restrictive SIs rile business

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