HARARE, October 5 (The Source) – Zimbabwe’s tax agency on Thursday said it surpassed its September revenue target of $326,49 million by 14,34 percent on increased tax compliance.
By Ruth Ngwenya, HARARE, March 31 (The Source) – Zimbabwe’s tax agency has moved to tax farmers after directing the tobacco industry regulator to withhold 10 percent of the money payable to suppliers without valid tax clearance certificates. In a letter directed to Tobacco Industry Marketing… Read More
HARARE, October 14 (The Source)- Zimbabwe’s tax agency says gross revenue collections in the quarter to September at $919 million surpassed the target of $917 million on the back of enhanced enforcement. Taxes fund the southern African country’s entire budget after multilateral funders like the… Read More
HARARE, August 1 (The Source) – Zimbabwe’s tax agency says it missed the government’s revenue collection target by six percent in the six months to June, as the economy continues to struggle. The first half’s revenue collection was 9.31 percent lower than last year’s figure.… Read More
HARARE, May 27 (The Source) – Canadian junior miner, Caledonia,says its gold mining asset in Zimbabwe has paid government at least $50 million in taxes in the past seven years. Its latest report entitled, Government revenues from mining: A case study of Caledonia’s Blanket Mine,… Read More
HARARE, May 12 (The Source) – Zimbabwe’s tax agency says net revenue collections in the first quarter of the year were 16 percent below target at $724 million, as most tax heads underperformed in the struggling economy. The Zimbabwe Revenue Authority (ZIMRA) on Thursday reported… Read More
HARARE, April 6 (The Source) – Canadian-listed Caledonia Mining, which owns Blanket Mine in Zimbabwe, has declared a quarterly dividend of 1,125 cents after moving its head office offshore to avoid taxes on the payments. Caledonia, which owns 49 percent of Blanket Mine, successfully moved… Read More
HARARE, July 25 (The Source) – The government will, starting Monday, introduce daily levies for all informal traders in the capital along with a crackdown on vendors operating from undesignated sites, in an aggressive cash collection push amid tightening state revenues, The Source has established.… Read More