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NEWS & CURRENT AFFAIRS

Topic : Tax

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Over taxation a threat to Zim’s telecoms industry, says deputy minister
He told Standardbusiness that government had made progress in fostering a competitive environment, but over taxation had detrimental effects on the sector’s sustainability.
By Lee Musaidzi Apr. 6, 2025
Over taxation a threat to Zim’s telecoms industry, says deputy minister
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Zimra knocks on Innscor’s door for extra US$1,46m tax
In Innscor’s full financial year ended June 30, 2024, Zimra had  assessed additional income taxes, penalties and interest amounting to US$11,74 million.
By Tatira Zwinoira Mar. 24, 2025
Zimra knocks on Innscor’s door for extra US$1,46m tax

Caledonia delays FY24 results over tax concerns
Caledonia was initially expected to publish its full year and quarter ended December 31, 2024, financial results today.
By Business Reporter Mar. 24, 2025
Caledonia delays FY24 results over tax concerns

Outcry over Marondera council cycle tax
In a notice dated March 11, the Municipality of Marondera ordered all bicycle owners to pay the tax or face the consequences, which include a fine.
By Jairos Saunyama Mar. 13, 2025
Outcry over Marondera council cycle tax
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World Bank urges govt to review taxes
In the 2025 Monetary Policy Statement, the central bank raised the mandatory surrender portion of export proceeds to 30% from 25%.
By Tafadzwa Mhlanga Mar. 6, 2025
World Bank urges govt to review taxes

IMTT review long overdue
This comes as the government appears to have no solution in sight to encourage the informal sector to pay taxes.
By Newsday Mar. 4, 2025
IMTT review long overdue

Unpacking solutions to Zimbabwe's multi-billion-dollar conundrum
Yet within this bleak assessment lies a blueprint for recovery, offering Zimbabwe a critical opportunity to reverse course through targeted reforms and strategic policy realignments.
By Lawrence Makamanzi Mar. 4, 2025
Unpacking solutions to Zimbabwe's multi-billion-dollar conundrum

Zimbabwe’s informal economy taxation and formalisation
Presumptive tax is not the major contributor of government revenue despite the dominance of the informal economy in the country.
By Ignatius Banda Mar. 2, 2025
Zimbabwe’s informal economy taxation and formalisation

Ghetto tax: Zimbabwean youths struggle for survival
Among his friends are university graduates, while others dropped out due to lack of funds, and spend their days navigating the harsh realities of unemployment.
By Evans Mathanda Feb. 23, 2025
Ghetto tax: Zimbabwean youths struggle for survival

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