Business »
Sunday, 30 December 2012 14:09
HARARE - Tax collector Zimbabwe Revenue Authority (Zimra) reached the 2012 revenue target of $3,5 billion in the 11 months to November, Finance minister Tendai Biti said. This comes on the back of depressed fiscal revenue flows in the first half...Read More
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News »
Monday, 19 November 2012 13:44
HARARE - Finance minister Tendai Biti has blasted rising border corruption and lamented the incredible losses being incurred by the fiscus through leakages. Presenting a $3,8 billion 2013 national budget in Parliament last week, Biti said border officials were employing delaying...Read More
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Business »
Monday, 12 November 2012 14:02
HARARE - Zimbabwe is losing over $100 000 in revenue daily — approximately $36 million annually — due to failure by citizens to claim Value Added Tax (Vat) refunds from South Africa (SA), the Zimbabwe Cross Border Traders Association (ZCBTA) said....Read More
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Business »
Tuesday, 06 November 2012 13:49
HARARE - Confederation of Zimbabwe Industries (CZI) has called for the restructuring of the Zimbabwe Revenue Authority (Zimra) and its operations, to eliminate corruption and help improve revenue collection. Over the years, industrialist and market experts have blamed Zimra, which is...Read More
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Business »
Monday, 15 October 2012 13:46
HARARE - Improved performances in mineral royalties stimulated the Zimbabwe Revenue Authority (Zimra) to surpass its $822,6 million third quarter target by 0,1 percent. Zimbabwe late last year hiked royalties for gold and platinum to seven percent from 4,5 percent and...Read More
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