Articles tagged 'taxes'

I walked away with nothing, says ex-Zimra boss Pasi 3 April 2018 HARARE - Former Zimbabwe Revenue Authority (Zimra) commissioner-general Gershem Pasi was sent on forced leave in May 2016 to pave way for investigations into allegations of corruption and poor corporate governance unearthed by a forensic audit instituted by the Auditor-General’s office. Pasi, ...
Govt robbing us blind — Zimbos 27 May 2017 HARARE - Proposals by the government to introduce a new fuel levy have been met with disbelief and anger by long-suffering Zimbabweans, who are reeling from a raft of other recent taxes which were introduced by President Robert Mugabe's cash-strapped administration. The controversial plan, whi...
Zinara blames heavy taxes for bad roads 15 February 2017 HARARE - Zimbabwe National Roads Administration (Zinara) has admitted that the country's roads are now a “national embarrassment”, but argued they could not do much as a huge chunk of their revenue was being gobbled by heavy taxes. The Administration refused to shoulder the blame for the count...
New tax blitz to target the rich 21 April 2016 HARARE - The Zimbabwe Revenue Authority (Zimra) has launched a new blitz on high net-worthy individuals and corporate leaders, as President Robert Mugabe's government seeks to raise $100 million-plus to plug biting cash shortages. In a move that has been slammed as “desperate, unconstitutional...
Chinamasa tables smaller 2016 budget 27 November 2015 HARARE - Finance minister Patrick Chinamasa yesterday presented a slightly smaller 2016 national budget in a clear sign that the country is curbing expenditure because of a deepening liquidity crunch. Next year's budget was set at $4 billion down from this year's $4,1 billion spending plan. ...
Harder times ahead 14 September 2014 HARARE - Crisis-weary Zimbabweans should brace themselves for excessive price hikes and food shortages in the coming months following government's increase of duty on a number of basic food commodities. Economic analysts say a raft of taxes introduced by Finance minister Patrick Chinamasa in t...