Treasury leans on consumption tax

Reserve Bank of Zimbabwe

ZIMBABWE’S government is increasingly re­lying on consumption tax after Value Added Tax (VAT) brought in ZiG19,3 billion in the first quarter of 2026, up 52,6 percent from ZiG12,7 billion a year earlier. VAT accounted for 29,9 percent of total government revenue, up from 24,9 percent the previous quarter. No other tax head comes close. VAT…

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