by Great Paraxy | Dec 11, 2025 | Business, Tax
📈 Analysing the Impact of the 0.5% Value Added Tax (VAT) Rate Increase The proposal to increase the standard Value Added Tax (VAT) rate in Zimbabwe by 0.5 percentage points, from 15% to 15.5%, effective January 1, 2026, is a strategic fiscal maneuver. The explicit...
by Great Paraxy | Dec 11, 2025 | Business, Tax
🗃️ Analysis of the Reintroduction of Non-Resident Tax on Interest (NRTI) The proposal to reintroduce the 15% Non-Resident Tax on Interest (NRTI), bringing back Sections 29 and the 16th Schedule of the Income Tax Act which were repealed in 2009, is a significant policy...
by Great Paraxy | Dec 11, 2025 | Business, Tax
💸 Analysis of the Proposed Increase in Betting Tax The proposed increase in taxes on the betting industry targets two main areas: operators (bookmakers, lotteries, and casinos) and punters (bettors). The policy aims to enhance government revenue, bring the sector...
by Great Paraxy | Dec 11, 2025 | Business, Tax
💰 Analysis of the Proposed Progressive Cash Withdrawal Levy (US$) The proposed progressive cash withdrawal levy on foreign currency (US$) withdrawals from banks is a direct policy tool aimed at influencing behavior within the economy. The primary goal is to increase...
by Great Paraxy | Dec 11, 2025 | Business
📑 Understanding the World of Procurement: A Guide to PRAZ Categories The Procurement Regulatory Authority of Zimbabwe (PRAZ) plays a crucial role in overseeing and regulating public procurement. A fundamental part of this system is the structured categorization of...
