Zimbabwe Revenue Authority (ZIMRA)
Revenue performance improves

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The combined effect of automation, enhanced enforcement and efficiency measures, and the fight against corruption are beginning to pay off for the Zimbabwe Revenue Authority (ZIMRA). This finds expression in the revenue performance for the third quarter of 2016 (Q3 2016) despite the continuing economic challenges.

Gross collections for the quarter were US$919.91 million, which is 6% up from the $866.96 million collected in (Q2 2016).

The quarter under review was also characterised by continuous falling prices a phenomenon known as deflation. Inflation during the quarter was (-1.4%).

Government also revised the projected Gross Domestic Product (GDP) growth rate by 55% from 2.7% to 1.2% by year end. Government further gazetted the contentious Statutory Instrument (SI) I64 of 2016 during (Q3 2016). Read more

Minister Chinamasa applauds compliant taxpayers

minister 1.jpg - 810.46 KbMinister of Finance and Economic Development, Honourable Patrick Chinamasa, has applauded compliant taxpayers for sustaining Zimbabwe’s economy and pledged Government’s support in creating a conducive operating climate for business to thrive.

ZIMRA honours compliant taxpayers

minister.jpg - 69.27 KbOver sixty compliant taxpayers were honoured for their contribution to the fiscus at the Taxpayer Appreciation Awards Dinner held in Harare recently.

The Awards Dinner, which was officiated by the Minister of Finance and Economic Development, Honourable Patrick Chinamasa, was held under the theme, “Harnessing Technology to Promote a Culture of Voluntary Tax Compliance…..”

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Mid-Term Fiscal Policy Review Statement

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Minister of Finance and Economic Development, Honourable Patrick Chinamasa, presented the Mid-Term Fiscal Policy Review on 8 September 2016 under the theme, “Improving investor confidence to enhance productivity”. The review focused on a number of initiatives to boost the economy, protect and stimulate local industry and strengthen ZIMRA’s operations. For the full statement, please click <here>.

ZIMRA Charity Trust donates to Mother of Peace

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The Zimbabwe Revenue Authority Charity Trust donated 500 day-old layer chicks and feeds, enough to feed the chicks up to the point of lay, to Mother of Peace Children’s Home in Mutoko. Accompanying the donation were groceries which include four boxes of cooking oil, 200 kilogrammes of rice, 100 kilogrammes of sugar, 30 cartons of soya mince, tea leaves, petroleum jelly and tissue paper, among an assortment of other items.

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