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More pain ahead as govt mulls fresh taxes

Zimbabwe is ranked as a lower-middle-income economy by the World Bank.
By Melody Chikono Aug. 1, 2025

Illegality beyond street-level trade

Illegal money-changing has entrenched itself as one of Zimbabwe’s most lucrative informal economic activities, generating millions of United States dollars
By The Zimbabwe Independent Jul. 25, 2025

Harare man in trouble over US$11K visa scam

The complainant, who had been referred to Zhou via a Facebook advertisement, transferred US$5 147 into his FBC Bank account in instalments.
By Staff Reporter Jun. 28, 2025

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

POSB commemorates Global Money Week

This year, POSB is taking significant steps to engage the community and educate the next generation on financial management.
By Staff Reporter Mar. 22, 2025
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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

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

ONE Money aims to revolutionise financial inclusion in Zim

The move is part of ONE Money’s efforts to tap into Zimbabwe’s vast unbanked market, where an estimated 70% of the population lacks access to formal banking services.
By Freeman Makopa Mar. 1, 2025