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Tax disputes and heavy taxation are straining businesses. 📈 Zimra demands approximately US$73 million from Delta Corporation for VAT and income tax, plus penalties and interest, covering 2019-2022; Delta contests this and has paid US$9,2 million under the "pay now, argue later" rule. 📈 Zimra imposed a US$2.05 million civil penalty on OK Zimbabwe for Fiscal Data Management System non-compliance across 914 tills over a 90-day period from January 23, 2024. 🚨OK Zimbabwe, already in financial dist
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Zimbabwe's 2026 National Budget will be presented in November. This budget statement outlines the government’s plans on taxation and spending on public services such as health, education, and infrastructure. Watch Ranga, Tinashe, and Rufaro discuss what we hope to see in the upcoming national budget. 🚩Concerns: ▪️Rising cost of living ▪️lncreased taxes 💡What we hope to see in the 2026 budget: ▪️Reduction of some taxes, Zimbabweans are overtaxed ▪️Elimination of the IMTT ▪️Reduction of corporat
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