Woes mount for Zim formal businesses: Parliament

Its steep rate discourages digital payments, pushing economic activity back into a largely unregulated, cash-based system, the report read.
By Harriet Chikandiwa Jun. 23, 2025

IMTT drives 99% surge in ZB financial tax burden

The IMTT, introduced seven years ago as a 2% levy to strengthen government revenues, has become one of the most contentious tax measures in Zimbabwe.
By Tatira Zwinoira Jun. 20, 2025

Investors needed to build modern energy infrastructure in Zimbabwe

Chronic power outages, caused by aging infrastructure, equipment breakdowns, and rampant vandalism, have become a persistent challenge.
By Edzai Kachirekwa May. 11, 2025

Mashonaland Holdings declares final dividend of US$230 000 for FY24

The group’s major property developments include the Pomona Commercial Centre Development Project, Milton Park Day Hospital, and Chiyedza House SME Centre.
By Tafadzwa Mhlanga Apr. 25, 2025

Relief for Bosso as Fifa lift ban

Highlanders could only pick from 18 players who were registered for their last two matches.
By Sports Reporter Mar. 11, 2025
Premium

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

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

Tax burden squeezes formal business

Delta alone is projected to pay at least US$250 million in taxes by the end of its financial year on March 31, 2025, largely due to the introduction of new taxes.
By Ashton Ndakusiya Jan. 31, 2025

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 Oct. 25, 2024