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Key Exchange control regulations on Imports in Zimbabwe

Key Exchange control regulations on Imports in Zimbabwe

by Great Paraxy | Feb 11, 2023 | Business, Regulations

If you are thinking of partaking into Importing and exporting business, then this articles is for you. We also offer acquittal services for both imports and exports. Lets dive in the legislation governing importing and exporting of goods and services in Zimbabwe....
The RBZ 2023 Monetary Policy Statement & Directive RY002/2023

The RBZ 2023 Monetary Policy Statement & Directive RY002/2023

by Great Paraxy | Feb 11, 2023 | Business, Regulations

We make reference to Directive RY002/2023 issued by the Reserve Bank of Zimbabwe on 3 February 2023 following the Monetary Policy Statement issued by the Governor on 2 February 2023. Please find the highlights below: Review of Interest rates effective 1 February 2023...
Accounting of Intermediary Money Transfer Tax (IMTT) in Zimbabwe.

Accounting of Intermediary Money Transfer Tax (IMTT) in Zimbabwe.

by Great Paraxy | Feb 7, 2023 | Accounting, Tax

Introduction of the 2% Intermediated Money Transfer Tax (IMTT) Towards the end of the 2018 calendar year, the Finance Minister – Professor Mthuli Ncube announced a 2% Intermediated Money Transfer Tax (IMTT) as part of the austerity measures introduced by the...
Key Highlights of 2023 Monetary Policy Statement Zimbabwe

Key Highlights of 2023 Monetary Policy Statement Zimbabwe

by Great Paraxy | Feb 3, 2023 | Business, Regulations

Unpacking Key Highlights of 2023 Monetary Policy Statement (MPS). The Bank, on the 2nd of February of 2023 presented the 2023 Monetary Policy Statement. The MPS was anchored with the motto ” Sustaining Price Stability and Economic Resilience”.The Bank...
Introduction of Block Management System:What it means to Taxpayers.

Introduction of Block Management System:What it means to Taxpayers.

by Great Paraxy | Feb 1, 2023 | Tax

Introduction of Block Management System : What it entails to Taxpayers. The Zimbabwe Revenue Authority (ZIMRA) hereby notifies all its valued taxpayers that it has implemented a Block Management System (BMS) with effect from 1 January 2023. The BMS involves zoning of...
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