Two Beitbridge (Zimra) Officers Convicted Of Illegally Detaining A Tuckload Of Liquor That Had Been Legally Cleared.

Two Beitbridge (Zimra) Officers  Convicted Of  Illegally Detaining A Tuckload Of Liquor That Had Been Legally Cleared.

  TWO Zimbabwe Revenue Authority (Zimra) officers stationed at Beitbridge were yesterday convicted of criminal abuse of office after they illegally detained a truckload of liquor that had been legally cleared. Obert Tafadzwa Charamba, 35, a loss control officer and Stephen Masimuke, 50, a supervisor are accused of detaining a truck belonging to a Bulawayo company, Turkey Trading (Pvt) Ltd, between December 23 last year and January 14 this year. The duo who were jointly…

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Simon Khaya Moyo Dismisses Opposition Critiscism Of Zim Asset And Challenges Them To Produce Alternative Economic Policies.

  Zanu-PF spokesman Simon Khaya Moyo has dismissed opposition criticism of the ruling party policies challenging them to produce alternative economic policies.   In an exclusive interview with Voice of America, Moyo attacked the opposition for not adding value to national development. “What are they doing themselves, are they not Zimbabweans, they should bring better polices forward.”   Opposition parties have been taking turns to blast the government of President Robert Mugabe for allegedly failing…

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Tax Revenue Below Target, Mining Royalties, Company Tax Fall, According To Zimra

Tax Revenue Below Target, Mining Royalties, Company Tax Fall, According To Zimra

ZIMBABWE’s tax revenue for the third quarter came in below target after mining royalties and company tax fell in an economy struggling with weak commodity prices and high unemployment, the tax agency said on Monday. The Zimbabwe Revenue Authority (ZIMRA) chairwoman Willia Bonyongwe said, the agency raked inUS $878 million in tax revenue between July and September against a target of US$964 million, missing its stated target by 9 percent. ZIMRA collected $884.5 million during the…

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Zimra Revenues Fall As Company Executives Divert Earnings To Individual Accounts

THE Reserve Bank of Zimbabwe (RBZ) yesterday made shocking revelations that company executives were diverting earnings to individual accounts to dodge the tax collector. RBZ governor, John Mangudya’s remarks at the Confederation of Zimbabwe Industries (CZI) meeting to unveil the Manufacturing Sector Survey report for 2015 stunned guests, as it brought to the fore the cat-and-mouse games between companies battling to preserve scant earnings and the Zimbabwe Revenue Authority (ZIMRA) struggling to meet revenue targets….

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Ruthless, Murderous CIO, Disgruntled As ‘Meagre’ Pay Day Is Moved By Two Weeks

Ruthless, Murderous CIO, Disgruntled As ‘Meagre’ Pay Day  Is Moved By Two Weeks

President Robert Mugabe’s trusted spooks in the Central Intelligence Organisation (CIO) have not been spared the current economic problems – with their pay day being moved by almost two weeks. Sources confided in The Zimbabwean that the dates were moved in May this year as government struggled to mobilise enough revenue to pay public employees President Robert Mugabe’s trusted spooks in the Central Intelligence Organisation (CIO) have not been spared the current economic problems –…

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ZIMRA Holding 50 New ZUPCO, Chinese Buses US$50 000 Duty Each, 6Months So Far

ZIMRA Holding  50 New  ZUPCO, Chinese Buses US$50 000 Duty  Each, 6Months So Far

The Zimbabwe United Passenger Company (ZUPCO), whose 50 brand-new buses are bonded over non-payment of import duty, has appealed to the taxman to release some of the buses to allow the firm to quickly raise funds to settle the debt. Zupco was charged US$50 000 duty for each of the buses imported from China, but since February this year, the buses have been gathering dust in a bonded warehouse due to the company’s failure to…

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‘Zimbabwe’s Tax Collections 6% Below Target’-Zimbabwe Revenue Authority (ZIMRA)

‘Zimbabwe’s Tax Collections 6% Below Target’-Zimbabwe Revenue Authority (ZIMRA)

Zimbabwe’s tax collections were six percent below target during the first half of the year while mining royalties and value added tax plunged, reflecting a struggling economy, the tax agency said on Wednesday. The economy, where mining contributes around 17% to gross domestic product, is expected to struggle this year due to low commodity prices and a poor farming season. Willia Bonyongwe, the chairperson of the Zimbabwe Revenue Authority (ZIMRA) said tax collections between January…

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