Zimra boss Faith Mazani quizzed over ‘smuggled’ Zanu PF campaign material
ZIMBABWE Revenue Authority (Zimra) commissioner-general, Faith Mazani was yesterday grilled by MDC-T Chitungwiza North legislator, Godfrey Sithole, who demanded to know if Zanu PF had paid import duty for campaign vehicles and other materials, which were recently imported ahead of next month’s general elections. The issue was raised in Harare during a Zimra engagement meeting […]
Zimbabwe Informal Sector 6th Biggest in Africa
Zimbabwe’s informal sector could be the sixth largest in the Sub-Saharan region, contributing between 40 percent and 50 percent to economic growth — an estimated $7 billion — especially for the four-year period between 2010 and 2014, according to the latest International Monetary Fund (IMF) working paper. The country’s gross domestic product (GDP), which measures […]
Zimbabwe Republic Police roadblocks rake in US$60 million
THE Zimbabwe Republic Police (ZRP) expects to collect nearly US$60 million from traffic fines this year, nearly double last year’s projection, according to Parliament’s budget oversight office. The police’s pervasive presence on the country’s roads has drawn complaints from frustrated motorists, commuters and tourists, triggering debate within Cabinet and Parliament. The ZRP has never revealed […]
Zim first quarter trade deficit narrows: Exports increase by US$100m, Imports remain flat at US$1,3bn & Locals import $3m pampers in three months
ZIMBABWE’S trade deficit narrowed by 14,5 percent (US$98 million) to US$576 million in the first three months of the year from the same period a year earlier, as exports jumped 15,7 percent to US$724 million driven mainly by mineral exports and tobacco. The influx of foreign goods — notwithstanding the implementation of Statutory Instrument (SI) […]
Shamed Zimbabwe Revenue Authority boss Pasi resigns
SUSPENDED Zimbabwe Revenue Authority (Zimra) commissioner-general, Gershem Pasi, who was facing 45 charges of misconduct, has resigned. As first reported by our sister paper, the Zimbabwe Independent last year, an audit into the goings-on at Zimra exposed massive corruption, fraud, poor corporate governance and tax evasion scandals within the tax authority, with shocking revelations that […]
Abuse at NRZ: Sits on $150m real estate: Asset register in shambles
THE rundown National Railways of Zimbabwe (NRZ) is sitting on countrywide real estate estimated to be worth more than $150 million, with the potential to raise at least $5 million in rentals monthly. According to information The Chronicle has pieced together in an in-depth investigation, the countrywide properties include guest houses in the country’s low […]
Punish looting First Lady Grace Mugabe Says Morgan Tsvangirai
MDC-T leader Morgan Tsvangirai yesterday called on First Lady Grace Mugabe to be punished for using goods confiscated by the Zimbabwe Revenue Authority (Zimra) to allegedly buy votes ahead of next year’s crunch general elections, where President Robert Mugabe (93) is expected to face a united opposition. Speaking at a Press briefing soon after chairing […]
Zimbabwe Revenue Authority to step up efforts in revenue collection
The Zimbabwe Revenue Authority (Zimra) says it will aggressively seek out arrears from free riders following a 4% increase in gross revenue collections to $264,79 million in January. Speaking at the Zimra Media Workshop in Harare yesterday, Zimra acting commissioner general, Happias Kuzvinzwa said strategies in improving electronic services, electronic cargo tracking, and widening fiscalisation […]
Truck load of donated books stuck at Beitbridge due to tax reports demands from ZIMRA
Thirty tons of school books collected in Bedfordview and meant for distribution to schools in Zimbabwe are stuck at Beitbridge Border Post because the state revenue authority is demanding tax, reports say. The official Herald newspaper says the books were destined for 11 schools in Bulawayo, near where President Robert Mugabe held his birthday party […]
Zimbabwe is by far the most expensive tourist destination compared to other destinations in the Sadc region
Zimbabwe is by far the most expensive tourist destination compared to other destinations in the Sadc region and beyond. But for the benefit of all and sundry, let me restrict this instalment to the Sadc region. The effect of the high price regime has been that the country, despite being among the most attractive in […]