Zim bankers slam money transfer tax
In a document submitted to Finance minister Mthuli Ncube this week, sharing bankers’ expectations for the 2024 mid-term budget review, BAZ called for the tax to be reduced.
By Mthandazo Nyoni and Blessed Ndlovu
Jul. 19, 2024
Buyanga in US$500 000 fraud case.
It was further established that the contact numbers supplied did not belong to Mutimba nor Buyanga but to the accused persons.
By Trevor Mutsvairo
Jul. 11, 2024
Is this what the market wanted?
Despite all this, in 2022 under S.I. 103A the authorities increased the transactional costs to curb speculative behaviour on the Zimbabwe Stock Exchange (ZSE).
By Rufaro Hozheri
Jul. 5, 2024
New tax to hit commercial properties
As part of the Zimbabwe Revenue Authority (Zimra)’s plan to improve revenue inflows into state coffers, residential properties worth US$250 000 attract a one percent tax.
By Tafadzwa Mhlanga
Jun. 14, 2024
Experts rebuff ‘high tax regime’ claim
They argued that the 20% capital gains tax, applied retrospectively on the full purchase price, was excessive and detrimental to investor confidence.
By Mthandazo Nyoni
Jun. 7, 2024
ZB total incomes up 394%
Fungura said loan impairment charges rose by 73%, from a negative ZW$32,76 billion in 2022 to a negative ZW$56,62 billion in 2023.
By Blessed Ndlovu
May. 31, 2024
WTS Tax Matrix Academy launches query services platform
The creation of the query services platform comes after WTS received an overwhelming amount of calls regarding tax.
By Tafadzwa Mhlanga
May. 28, 2024
Arbitrary Zim taxes worry experts
Dube also complained about the lack of consistency on some of the tax measures, making it complex to enforce compliance.
By Tafadzwa Mhlanga
May. 26, 2024
Poor remuneration for tax collectors fuels corruption, tax revenue loss
The claims, if they are true, are a major threat to tax revenue and this calls for the nation to spare a thought for these vital cogs in the country’s economic development agenda.
By Canisio Mudzimu
May. 26, 2024
