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
