BUSINESS NEWS

Zimra's new tax on kombis, taxis ignites anger

The Zimbabwe Revenue Authority (ZIMRA) has rolled out sweeping new presumptive taxes targeting commuter omnibuses, taxis, driving schools, and goods vehicles, igniting anger among transport operators ...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

Zimra appoints Zinara to collect taxes from kombis

The Zimbabwe Revenue Authority (ZIMRA) has officially appointed the Zimbabwe National Road Administration (ZINARA) as its agent for collecting presumptive taxes from selected transport operators, a m...

By Staff reporter | Published: 08 September 2025

BUSINESS NEWS

Director faces court over US$80 000 Zimra fraud

Rutendo Hazel Chiveso (42), director of Sinyochiv Procurement Services (Pvt) Ltd Zimbabwe, appeared in Harare Magistrates’ Court yesterday over allegations of defrauding the Zimbabwe Revenue Authori...

By Staff reporter | Published: 01 September 2025

BUSINESS NEWS

Multiple ZIMRA checks on Beitbridge - Harare roads excessive

Cross-border traders have raised concerns over what they describe as excessive and duplicated inspections by the Zimbabwe Revenue Authority (ZIMRA) and law enforcement along the Beitbridge - Harare hi...

By Staff reporter | Published: 28 August 2025

BUSINESS NEWS

Zimra's new system sees number of tax payers double

Zimbabwe's new Tax and Revenue Management System (TaRMS) has more than doubled taxpayer registrations within a year, marking a major breakthrough in the country's tax administration.Figures presented...

By Staff reporter | Published: 24 August 2025

BUSINESS NEWS

Zimbabwe's 2008 financial crash continues to haunt regulators

More than 15 years after Zimbabwe's 2008 financial collapse, the country's financial sector is once again under scrutiny as an estate developer has taken legal action against the Reserve Bank of Zimba...

By Staff reporter | Published: 22 August 2025

CONSTRUCTION & PROPERTY

ZimRe pushes to recover funds frozen in US

Financial services giant ZimRe Holdings Limited (ZHL) is mounting a fresh bid to reclaim more than US$1,1 million still locked in the United States from the sanctions era, chief executive officer Stan...

By Staff reporter | Published: 08 August 2025

BUSINESS NEWS

ZimRe to raise US$40m in subsidiary listing

Diversified financial services group ZimRe Holdings Limited (ZHL) is set to raise between US$30 million and US$40 million through the listing of its subsidiary, EmeritusRe International, on the Botswa...

By Staff reporter | Published: 04 August 2025

BUSINESS NEWS

Zimra prosecutes over 50 employees over corruption

Zimbabwe's tax authority says it has prosecuted more than 50 employees for corruption during the first seven months of 2025 and suspended 306 since 2016 - part of a sweeping purge sparked by lifestyle...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

High Court orders Zimra to release Mater Dei medical equipment

The High Court has ruled in favour of Mater Dei Hospital Trust, directing the Zimbabwe Revenue Authority (Zimra) to allow the duty-free importation of medical equipment donated by foreign organisatio...

By Staff reporter | Published: 31 July 2025

BUSINESS NEWS

Zimra goes digital

The Zimbabwe Revenue Authority (ZIMRA) has announced that all Common Market for Eastern and Southern Africa (COMESA) Certificates of Origin will now be issued online, marking a major advancement in Z...

By Staff reporter | Published: 29 July 2025

BUSINESS NEWS

Zimra defends aggressive tax enforcement

Foreign currency-generating sectors such as tourism and agriculture are being choked by excessive regulations, multiple taxes, and bureaucratic red tape, industry experts have warned. Despite being cr...

By Staff reporter | Published: 22 July 2025

BUSINESS NEWS

Zimra turns screws on fake electronic gadgets

The Zimbabwe Revenue Authority (Zimra) has intensified enforcement efforts at the country's borders in response to a surge in counterfeit electronic goods undermining tax compliance and local business...

By Staff reporter | Published: 17 July 2025

BUSINESS NEWS

Delta loses US$74 million tax battle with ZIMRA

Delta Corporation has faced a major setback in its prolonged legal dispute with the Zimbabwe Revenue Authority (ZIMRA) after the Constitutional Court dismissed its appeal challenging previous rulings ...

By Staff reporter | Published: 13 July 2025

BUSINESS NEWS

Zimbabweans fume over 'extortionate' car duty valuations

A promotional campaign by the Zimbabwe Revenue Authority (ZIMRA), launched on June 29, 2025, to encourage voluntary compliance among vehicle owners has ignited widespread public outrage. Instead of fo...

By Staff reporter | Published: 30 June 2025

BUSINESS NEWS

Zimra faces deepening tax enforcement crisis

The Zimbabwe Revenue Authority (ZIMRA) is grappling with a growing tax enforcement crisis as the dominance of the cash economy, rampant informality, and high-profile tax disputes expose critical weakn...

By Staff reporter | Published: 26 June 2025

ZIMBABWE

Zimra surpasses revenue target by 10%

The Zimbabwe Revenue Authority (Zimra) has exceeded its 2024 revenue collection target by 10.26%, raking in ZWG116.47 billion against a projected ZWG105.63 billion, according to its latest annual repo...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

ZIMRA waives fines for undeclared vehicles

The Zimbabwe Revenue Authority (ZIMRA) has rolled out a special moratorium inviting individuals, companies, and organisations in possession of improperly cleared motor vehicles to regularise their imp...

By Staff reporter | Published: 23 June 2025

BUSINESS NEWS

Private sector, experts hail Zimra's TaRMS tax regime

Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

17 tonnes of T-shirts land Zimra officials, NGO director in court

Two Zimbabwe Revenue Authority (Zimra) officials, along with five other individuals, have been arrested and brought before the Harare Magistrates' Courts following allegations of smuggling 17 tonnes o...

By Staff reporter | Published: 13 May 2025

BUSINESS NEWS

Zimra in tax compliance drive

The Zimbabwe Revenue Authority (Zimra) has introduced a series of taxpayer self-service kiosks across the country in a bid to simplify and improve the tax compliance process for individuals and busine...

By Staff reporter | Published: 16 April 2025

MINING & RETAIL

ZIMRA delays Prospect's bid to increase stake in Arcadia

Prospect Resources says a Zimbabwe Revenue Authority (ZIMRA) clearance certificate is the only remaining consent required to complete the transaction of increasing its stake in Arcadia Lithium Project...

By Staff reporter | Published: 17 October 2019

BUSINESS NEWS

Companies, parastatals default paying tax: Zimra boss

Zimbabwe Revenue Authority (Zimra) Commissioner-General Faith Mazani on Tuesday told Parliament that companies and parastatals were not paying taxes resulting in a huge tax debt.Mazani appeared before...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Zimra sweats over tax defaulters

THE Zimbabwe Revenue Authority (Zimra) is sweating over the fiscalisation of companies after it emerged that some entities have not connected the recording of their taxable transactions on the fiscal ...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Zimra lifestyle audit: 36 suspended

THE Zimbabwe Revenue Authority (Zimra) suspended at least 36 officers implicated in lifestyle audits, while processes are underway at the High Court to forfeit the ill-gotten wealth.Zimra Commissioner...

By Staff reporter | Published: 24 September 2019
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