Articles tagged 'zimra'

Zimra clarifies on dutiable goods 27 November 2018 HARARE - The Zimbabwe Revenue Authority (Zimra) has clarified on guidelines used in the clearance of the designated foreign currency dutiable goods and specified requirements needed to get an exemption approval. This comes after the ministry of Finance and Economic development invoked the Cust...
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...
Pasi's fraud case deferred to next year 23 November 2018 HARARE - Former Zimbabwe Revenue Authority (Zimra) Commissioner-General Gershem Pasi who stands accused of criminal abuse of office appeared in court yesterday for routine remand where his case was postponed to January 11, by Harare magistrate Rumbidzai Mugwagwa. Pasi is accused of inflating p...
Govt targets rich, famous 21 November 2018 HARARE - The country's rich and famous are quaking in their boots after the Zimbabwe Revenue Authority (Zimra) launched a massive crackdown on tax evaders, as President Emmerson Mnangagwa's government clamps down on rampant corrupt activities that are weighing down the country's economy. Over ...
'Businesses charging in foreign currency must pay tax in forex' 19 November 2018 HARARE - The Zimbabwe Revenue Authority (Zimra) is demanding businesses that are charging in foreign currency to pay their taxes in forex. In a statement issued yesterday, the tax collector said there were a lot of businesses that are collecting foreign currency but in turn paying through RTGS...
Finance ministry must oversee Zimra collections: AG 17 November 2018 HARARE - Revenue collection systems for the Zimbabwe Revenue Authority (Zimra) and the Finance ministry must be interfaced to enhance accountability and transparency, Auditor-General Mildred Chiri has said. In a report to Parliament, Chiri revealed that Zimbabwe's revenue collection systems re...
Zimra tightens screws on $200 rebate 10 November 2018 HARARE - The Zimbabwe Revenue Authority (Zimra) has instructed its officers at the country's border posts to strictly enforce the $200 rebate on imported goods for personal use. In a statement released yesterday, the national tax revenue collector said if the quantities imported by a traveller...
Ex-Zimra commissioner granted $2 000 bail 9 November 2018 HARARE - Former Zimbabwe Revenue Authority (Zimra) commissioner- general Gershem Pasi was yesterday arraigned before the court on charges of criminal abuse of office. Pasi is accused of inflating prices for the acquisition of Information Management Systems (IMS) from $11 819 000 to $32 649 939...
Tax evaders give Zimra headaches 6 November 2018 HARARE - Organised criminal networks, smuggling syndicates and gold cartels are costing government millions of dollars and complicating Zimbabwe Revenue Authority (Zimra)'s revenue collection efforts. This comes as Zimra has called for a collaborative effort, a national consensus and commitmen...
Govt targets tax dodgers 4 November 2018 HARARE - President Emmerson Mnangagwa is finalising drafting legislation that will restore stability and eliminate mischief in the money markets, his spokesperson George Charamba told the Daily News on Sunday this week. Charamba also revealed that Mnangagwa will use emergency powers to deal wi...
'Zim goods smuggled out of the county' 31 October 2018 HARARE - A number of product lines that have become household names in Zimbabwe are being smuggled out of the country, thereby depriving the fiscus of millions of United States dollars. The Daily News can reveal that a number of popular brands manufactured in Zimbabwe are finding their way int...
Govt owed over $4,5bn by tax dodgers 31 October 2018 HARARE - Government is owed over $4,5 billion by tax evaders, Finance ministry secretary George Guvamatanga has said. Presenting the 2018 expenditures and 2019 budget priorities before the parliamentary portfolio committee on Finance on Monday, Guvamatanga expressed concern over tax dodging. ...
Zimra deploys more staff to Beitbridge Border Post 30 October 2018 HARARE - Zimbabwe Revenue Authority (Zimra) is set to expand service points for duty assessments and deploy additional staff at Beitbridge Border Post in anticipation of an increase in traffic and cargo following the lifting of import restrictions. This comes after government lifted a ban of i...
Zimra urges voluntary disclosures 26 October 2018 HARARE - The Zimbabwe Revenue Authority (Zimra) has urged taxpayers to review their tax affairs and make voluntary disclosures where there is any income omitted from returns submitted or where there are any tax obligations that the taxpayer may not have complied with. The intention is to encou...
Zimra boss on career, life as single mom 21 October 2018 HARARE - The Daily News on Sunday's Tendayi Madhomu speaks to Zimra boss Faith Mazani, below are excerpts of the interview. Q: Tell us about yourself A: Faith Mazani, born in Mhondoro, last in a big family of 15, child of a peasant farmer. I grew up and was raised on proceeds from peasant f...
Zim tax system hit by low compliance levels 20 October 2018 HARARE - Zimbabwe's tax system is characterised by low compliance levels as registered corporate taxpayers are not remitting their dues, a tax expert has said. Speaking at The Financial Gazette tax review conference last week, Christina Muzerengi, a tax partner with Grant Thornton, said the th...
High debt affects Zimra collections 19 October 2018 HARARE - The Zimbabwe Revenue Authority (Zimra) says high debt continues to negatively affect optimum revenue collection, as obligations increased to $4,55 billion during the third quarter ended September 30, 2018. The revenue collector said despite a positive performance it has launched  a ta...
Zimra official nabbed for extorting $500 bribe 17 October 2018 HARARE - A Zimbabwe Revenue Authority (Zimra) official in Harare was arrested last week for attempting to take a bribe from an African Eyes Opticians accounting officer in return for a tax clearance certificate. Zimra customer liaison officer Betty Masunungure was handed over to the police by ...
Zimra sued for 'evading tax' 12 October 2018 HARARE - They are mandated by an Act of Parliament to clamp down on tax evasion but the script appears to have changed as Zimbabwe Revenue Authority (Zimra) has been dragged before the High Court for evading whistle blower tax. A Harare man is demanding 10 percent of $18 million recovered from...
Taxman in voluntary compliance 29 September 2018 HARARE - The Zimbabwe Revenue Authority (Zimra) is strengthening voluntary compliance measures in order to tackle rampant tax evasion, the tax collector's chief Faith Mazani, has said. This comes as the issue of tax corruption and evasion has become complex countrywide with experts likening it...
Ex-Zimra boss sued over $129 000 debt 25 September 2018 HARARE - Former Zimbabwe Revenue Authority (Zimra) Commissioner General Gershem Pasi has been dragged to the High Court over a $129 000 debt he allegedly owes African Banking Corporation of Zimbabwe (BankABC). According to High Court papers, Pasi was extended a $250 000 loan by the bank in Jan...
Zimplats gets $9,6m tax relief 22 September 2018 HARARE - PGMs producer Zimplats Holdings (Zimplats) has been granted a $9,6million tax reversal judgment in a customs duty case against the Zimbabwe Revenue Authority  The country‚Äôs largest platinum miner had filed a suit with the High Court of Zimbabwe challenging the validity of the tax bill...
Zimra official up for raping niece 22 September 2018 HARARE - A Zimbabwe Revenue Authority employee has been hauled before the courts for allegedly raping his 13-year-old niece. David Kachembere, 62, appeared before Harare magistrate Rumbidzayi Mugwagwa. He was remanded in custody and advised to apply for bail at the High Court because he fac...
Zimra to conduct rummage sale 21 September 2018 HARARE - Zimbabwe Revenue Authority (Zimra) is set to conduct a rummage sale auction of forfeited and uncleared motor vehicles and goods at Forbes Border Post, Mt Selinda and Mutare Customs House next Wednesday. This comes a few months after the authority's Commissioner-General, Faith Mazani, ...
Zimra responds to Zacc investigations 7 September 2018 HARARE - Zimbabwe Revenue Authority (Zimra) says it will take action against its employee Charles Juare, who has been implicated in a bribery storm, only after the investigations by the Zimbabwe Anti-Corruption Committee (Zaac) are complete. Speaking in an interview with the Daily News, after ...