Currency risk unsettles insurance sector
Katoma also said the sector raised concerns about the Intermediated Money Transfer Tax (IMTT), which is levied on each money transfer made.
By Melody Chikono
Nov. 24, 2023
Piggy’s Trading & Investing Tips: Investing as a poverty alleviation tool
Government, regulators, pension funds and other related institutions need to both encourage and support savings at all levels of the economy.
By Batanai Matsika
Jul. 14, 2023
Groundswell of caution over ‘punitive’ IMTT...Captains of industry want 2% tax scrapped
The IMTT’s third quarter performance was a forecast busting, according to Zimra, which said it was 3% ahead of targets.
By Kudzai Kuwaza
Nov. 18, 2022
IDBZ in tax miscalculation gaffe
IMTT is tax chargeable on transfer of money physically, electronically or by any other means.
By Elma Zhoya
Sep. 30, 2022
Scrap IMTT to save industry, govt urged
Zimbabwe’s industry is already burdened with foreign currency shortages, high production costs, lack of cheap credit lines, obsolete equipment, rising inflation, depressed demand and a cocktail of taxes among other challenges.
By The Independent
Jun. 2, 2022
Scrap IMTT to save industry, govt urged
Zimbabwe’s industry is already burdened with foreign currency shortages, high production costs, lack of cheap credit lines, obsolete equipment, rising inflation, depressed demand and a cocktail of taxes among other challenges.
By The Independent
Jun. 2, 2022
KIFC eyes Zim financial sector
In an interview with Newsday business on the sidelines of the Zimbabwe-Rwanda Investment and Trade Conference held in Harare last week, KIFC chief executive Nick Barigye said Zimbabwean financial institutions showed huge interest to expand their footprint into Rwanda.
By The Independent
Apr. 4, 2022
