by Great Paraxy | Sep 17, 2023 | Tax
Credit Requirements by Banks in Zimbabwe. The Bank will perform due diligence on the Borrowing Client/ Company based on the following information which is supposed to be submitted to the Bank at the time of facility application. An application letter stating the...
by Great Paraxy | Sep 17, 2023 | Business
What is a Credit? A credit is an agreement in which a borrower receives a sum of money or something else of value and commits to repaying the lender at a later date, typically with interest. Credit can be used to purchase goods and services, or to borrow money for...
by Great Paraxy | Sep 14, 2023 | Business, Tax
The Minister of Finance presented midterm budget review.
by Great Paraxy | Sep 12, 2023 | Tax
What is ZIMRA VAT Interfacing? ZIMRA VAT Interfacing is a system that allows registered VAT operators in Zimbabwe to interface their fiscal devices with the Zimbabwe Revenue Authority (ZIMRA) servers. This allows ZIMRA to collect VAT in real time and to verify the...
by Great Paraxy | May 31, 2023 | Business, Regulations
What are the New Fiscal Measures and impacts to businesses? The Ministry of finance, on Monday, announced additional measures to save the free falling local currency. Year to date the ZW has lost 65% on the auction market and 26% of that was lost all in 1 session last...
