Search results for 'Tax'
Zimbabwe
Zimbabwe Tax Disputes Deepen as Innscor Flags Legacy Exposure and Policy Gaps
Innscor disclosed that ZIMRA has issued additional assessments covering income tax and value added tax, alongside penalties and interest, on transactions that the company maintains were already settle
Mar 23, 2026
Zimbabwe
Government Outlines Fuel Cost Reduction Strategies, But the Ethanol Arithmetic Does Not Add Up
Cabinet's seventh post-cabinet press briefing of 2026, delivered on 24 March, has covered a wide sweep of policy approvals from tourism development in the Eastern Highlands to bilateral memoranda with
Mar 25, 2026
Companies
MBZ's Profit Turnaround Amidst Qualified Audit Opinion: A ZWG248Mn Prior Period Error Reshapes 2024 Numbers
NMBZ Holdings Limited has swung from a restated loss of ZWG205 million in 2024 to a profit after tax of ZWG251 million in FY2025, a turnaround that looks decisive until the audit opinion is read caref
Apr 07, 2026
Zimbabwe
Calm Before the Storm? ZERA Holds While SADC Peers Breach Historic Price Records
ZERA, Zimbabwe's energy regulator, has held flat petroleum pump prices for the period to 15 May 2026 with petrol (E20 blend) at USD 2.08 per litre and diesel at USD 2.09 per litre in United States dol
May 07, 2026
Companies
Caledonia’s Q1 Profit Surges 69% to US$19Mn, Gold Price Masks Blanket Grade Pressure
Caledonia Mining Corporation has reported a 69.4% surge in profit after tax to US$18.91 million for the first quarter of 2026, its strongest quarterly earnings performance driven almost entirely by a
May 11, 2026
Companies
FMP Minority Shareholders Offered 3.3c Exit, 65% Below Audited NAV as Delisting Vote Nears
First Mutual Properties Limited is set to delist from the Zimbabwe Stock Exchange on 1 July 2026, with majority shareholder First Mutual Holdings Limited offering minority shareholders US$0.033 per sh
May 11, 2026
Companies
Delta Corporation Crosses $1Bn Revenue Mark, Becomes Third Company in Zimbabwe's Corporate History
Delta Corporation Limited, Zimbabwe's beverages behemoth has become only the third company in Zimbabwe's corporate history to record annual revenue exceeding $1 billion, reporting revenue of $1.09 bil
May 13, 2026
Companies
WestProp’s 80% Revenue Jump Faces Profit Conversion Test: Tax Consumes Half of Incremental Profit
WestProp Holdings Limited has reported revenue of USD 8.06 million for the first quarter ended 31 March 2026, an 80.2% increase on the USD 4.47 million recorded in Q1 2025, with net profit reaching US
May 18, 2026
Zimbabwe
Macro Success, Micro Failure: Inflation Drops Dramatically, Social Welfare Lags Behind
Zimbabwe’s May 2026 inflation data, released by the Zimbabwe National Statistics Agency, confirmed a picture that is simultaneously encouraging and instructive. Annual blended inflation was 3.2%, whil
May 27, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
