UNDERSTANDING the implications of Zimbabwean tax collection measures requires an appreciation of a taxpayer’s obligation and the extent of the revenue authority’s administrative powers. Advertisements From the point of assessment …
finance
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CALEDONIA Mining Corporation says results from its Motapa exploration project are “encouraging” after it highlighted the presence of widespread gold mineralisation over a combined strike length of more than nine …
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https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-310527.mp3?cb=1733935843.mp3AXIA Corporation (Axia) says its diesel consumption has significantly dropped thanks to a strategic decision to diversify its energy mix and evade over dependance on “costly” diesel-power generators amid rolling …
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THE Treasury has allocated US$1,9 million this year to recapitalise Zimbabwe Women’s Microfinance Bank Limited (ZWMB), aiming to expedite government guarantees and prescribed asset status for the institution.Advertisements This comes …
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THE Ministry of Finance has maintained that Zimbabwe’s gold-backed currency, ZiG, will bring more economic benefits than challenges, even as it has lost value over recent weeks. Since its April …
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TO ACHIEVE its ambitious Vision 2030, Zimbabwe must prioritise policy stability and a consistent exchange rate, according to former Zimbabwe Economics Society president Nigel Chanakira. Vision 2030, as outlined by …
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TOURIST arrivals in Zimbabwe rose by a modest three percent in the second quarter of 2024, reaching 381 293 compared to 370 191 in the first quarter, as the country’s …
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https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-310327.mp3?cb=1733932125.mp3BUSINESSES in Zimbabwe are expected to intensify their focus on the informal sector as a primary source of US dollar cash flow, according to a recent report from IH Securities.Advertisements …
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ZIMBABWE’s banking sector is heavily invested in foreign currency-denominated loans, which account for 88,88 percent of total loans and advances, reaching ZiG27,45 billion by mid-2024, according to recent data.Advertisements The …
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Tax Matters
TAX MATTERS: Insurance commission tax: A regulatory dilemma with unintended consequences
IN Zimbabwe, insurance businesses must navigate and comply with many tax obligations. Among these several obligations is the property and insurance commission tax in respect of commission paid to freelance …
