Articles tagged 'zimbabwe revenue authority'

Zimra gets tough on tax compliance 26 November 2018 HARARE - As government takes a zero tolerance approach on corruption, the Zimbabwe Revenue Authority (Zimra) has been instrumental in bringing to the fore cases of tax evaders. Owing to these developments, our deputy chief reporter Tendai Kamhungira took time to speak to Zimra head of corporat...
Zimra auctions confiscated goods 19 June 2018 HARARE - The Zimbabwe Revenue Authority (Zimra) is set to auction confiscated goods and those seized for flouting various customs regulations, with the proceeds set to go towards the fiscus. This comes after the Authority’s commissioner general Faith Mazani ordered rummage sales to be held bet...
New Zimra boss exposes govt rot 10 June 2018 HARARE - The newly-appointed commissioner-general of the Zimbabwe Revenue Authority (Zimra) has blew the whistle on civil servants from the other arms of government who are working in cahoots to deprive the fiscus of the much-needed tax revenue. Zimra boss, Faith Mazani, told parliamentarians ...
Zimra delays NRZ locomotives 30 April 2018 HARARE - National Railways of Zimbabwe (NRZ)'s rolling stock and locomotives unveiled by President Emmerson Mnangagwa on February 21 took over a month to be operationalised as they were held up in Bulawayo by the Zimbabwe Revenue Authority (Zimra) over customs clearance. Mnangagwa unveiled NRZ...
Excise drives Zimra collections 19 April 2018 HARARE - Excise duty was the highest contributor to Zimbabwe Revenue Authority (Zimra) collections for the first three months of 2018 after coming in at $233,3 million, 17,65 percent above target. Zimra chairperson Willia Bonyongwe said the tax head had contributed 21 percent to net collection...
Massive traffic cripples Zim borders. . . Zimra blames IT outage for chaos 21 December 2017 HARARE - The country’s busiest land border at Beitbridge is “saturated” after a computer system outage caused confusion and chaos, with thousands of passengers queuing for hours and trucks stuck at the border crossing between South Africa and Zimbabwe. The other border crossing, Zambia and Zim...
Army fights property attachment 1 November 2017 HARARE - The Zimbabwe Defence Industries (ZDI) has approached the High Court seeking to block the attachment of its property by a clearing agent that claims to have paid $73 000 tax to the Zimbabwe Revenue Authority (Zimra) on behalf of the State-owned military outfit. ZDI filed an urgent cham...
Woes mount for Trek Petroleum 24 October 2017 HARARE - Problems are mounting for one of the country’s leading fuel firms — Trek Petroleum (Private) Limited — which has been dragged to court over a $3,6 million debt owed to a local bank. This comes as the company is facing an uncertain future after the Supreme Court recently threw out its ...
Tough tax regime for miners 23 October 2017 HARARE - The Zimbabwe Revenue Authority (Zimra) is proposing a tough mining regime for miners to ensure that the country gets more taxes. Zimra’s chairperson Willia Bonyongwe last week said Zimbabwe, like all developing countries, needs to find a more equitable tax regime for the mining sector...
Zimra hunts for Pasi succesor 2 October 2017 HARARE - Zimbabwe Revenue Authority (Zimra) has started the process of replacing the authority's former Commissioner-General Gershem Pasi, who resigned in May following his suspension on allegations of corruption. In a notice yesterday, Zimra outlined an array of qualifications the aspiring co...
Zimra surpasses revenue collection target 6 September 2017 HARARE - The Zimbabwe Revenue Authority (Zimra) surpassed its August revenue target of $267,6 million after collections for the month amounted to $307,9 million due to a surge in company tax, data from the agency shows. In its report for the month under review, Zimra said gross collections for...
Zimra surpasses revenue target 14 July 2017 HARARE - Zimbabwe’s tax agency Zimra has said it exceeded its 2017 second quarter revenue target by over 9 percent, as the economic outlook became positive, buoyed by the good agricultural season and a battery of measures to stimulate investment, exports and production. Zimra chairperson Willi...
Zimra, RBZ act on bond notes leakages 1 July 2017 VICTORIA FALLS - The Reserve Bank of Zimbabwe (RBZ) is engaging the Zimbabwe Revenue Authority (Zimra) to institute stringent controls at the border posts to plug the leakage of bond notes into neighbouring countries. This comes after it emerged that large sums of bond notes are being spirited...
Economic decline hits 'sin taxes' 29 April 2017 HARARE - Zimbabwe's excise duty collections have been nose-diving on the back of deteriorating economic conditions, the Zimbabwe Revenue Authority (Zimra) said. Zimra chairperson Willia Bonyongwe said revenue from excise duty in the first quarter amounted to $150,2 million against a target fig...
New govt health levy to hit mobile subscribers 11 April 2017 HARARE - The decision by President Robert Mugabe's stone-broke government to implement a five percent health levy on airtime and mobile data will hit hard long-suffering ordinary Zimbabweans who are reeling from multiple effects of a dying economy, experts say. This comes as two weeks ago, gov...
Zimra surpasses target 10 April 2017 HARARE - Tax collector, Zimbabwe Revenue Authority (Zimra), on Friday said it surpassed its first quarter 2017 collection target on the back of improved collections. Zimra said it had surpassed its first quarter target with gross collections coming in at $862,4 million, six percent above targe...
Zimra bosses hearings begin 7 March 2017 HARARE - The Zimbabwe Revenue Authority (Zimra) says disciplinary hearings for suspended Commissioner General Gershem Pasi and five other executives have begun. Zimra director for legal and corporate services Florence Jambwa, last week said Pasi’s cross-examination was being handled externally...
Zimra mum on Grace's donations 24 February 2017 HARARE - The Zimbabwe Revenue Authority (Zimra) has declined to respond to claims by First Lady Grace Mugabe that donations at her rallies were items impounded at border points. Instead, the tax collector said the seized goods are stored in warehouses before being auctioned off or given out at...
Revenue dips as Zim economy dies 19 January 2017 HARARE - The country's dying economy resulted in the Zimbabwe Revenue Authority (Zimra) missing its 2016 revenue target by four percent. The national tax collector only managed to raise $3,4 billion against projections of $3,6 billion, on the back of the country's ever deteriorating economic c...
Zimra to auction abandoned cars 9 January 2017 HARARE - The Zimbabwe Revenue Authority (Zimra) has announced that it will auction vehicles that were abandoned at Plumtree Border Post within 30 days, if the owners do not claim them. Some of the cars have been at the border post — separating Zimbabwe and Botswana — since 2012. Zimra is re...
Zimra to introduce 10pc withholding Vat 12 September 2016 HARARE - The Zimbabwe Revenue Authority (Zimra) will, with effect from October 1, 2016, introduce a 10 percent withholding Value Added Tax (Vat) on output tax charged by suppliers of goods and services, it has emerged. Finance minister Patrick Chinamasa last week announced the development in h...
Zimra official in $1m fraud 18 August 2016 HARARE - A Zimbabwe Revenue Authority (Zimra) accountant who reportedly fleeced his employer of more than $1 million by diverting refunds from clients into fraudulently-created accounts appeared in court yesterday. Tapuwa Evans Chidemo, 44, is currently out of custody on $1 000 bail. He app...
Harare council owes statutory bodies $200m 11 August 2016 HARARE - Harare City Council (HCC) is failing to remit funds to statutory bodies, with the amount due ballooning to over $200 million, its acting finance director Tendai Kwenda said. In a report presented to HCC's joint human resources and finance committees, Kwenda said payment plans had been...
'Zimra car importers crackdown illegal' 31 July 2016 HARARE - Zimbabwe Revenue Authority (Zimra)'s recently-launched crackdown on car importers is illegal and exposes the tax collector to litigation, constitutional law experts said. Last week, Zimra announced that it was probing vehicles imported into Zimbabwe between January 2014 and June 2016 ...
Zimra cracks down on vehicle importers 27 July 2016 HARARE - The Zimbabwe Revenue Authority (Zimra) has launched a crackdown against car importers as it bids to stamp out corrupt practices and revenue leakages which have seen the authority suspending its top management. This also comes as the tax agency has been engulfed in a scandal of its own...