Search Results for : zimra
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BREAKING: Miners to now remit royalties to ZIMRA

The Zimbabwe Revenue Authority (ZIMRA) has advised miners and Mining companies to cease with immediate effect, remitting mining royalties to the Reserve Bank of Zimbabwe (RBZ) and remit to ZIMRA Commissioner General in compliance with the country’s mining and financial

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Unki takes ZIMRA to court over a $24 million dispute

Unki Platinum mine has taken the Zimbabwe Revenue Authority (ZIMRA) to court over a $24 million royalty dispute, court documents seen by Reuters show. Unki filed an urgent application at the high court on Sept. 9 to stop ZIMRA from seizing

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Fidelity Printers engages Zimra on taxes

The country’s sole buyer and exporter of gold, Fidelity Printers and Refiners (FPR) says it will “soon” engage the Zimbabwe Revenue Authority (Zimra)  over taxes charged on miners in a bid to attract small scale miners to sell on the

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ZIMRA calls for vehicle verification exercise, 433 affected

ZIMRA has called on to Vehicle owners on a list of over 400, released recently to visit the main ZIMRA Head Office in Harare for vehicle registration verification. The comprehensive list has names of registered owners, vehicle registration details and

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MMCZ and ZIMRA to partner to ease exporting license headaches

The distant relationship between the Zimbabwe Revenue Authority (ZIMRA) and the Minerals Marketing Corporation of Zimbabwe (MMCZ) has become a major stumbling block for the chrome miners in attaining their exporting license. By Mirirai Ngoya This was said at the

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Afrochine ordered to pay 3 million for under-declaring

AFROCHINE Smelting Private Limited has been ordered to pay nearly US$3 million in royalties for under-declaring its earnings. Afrochine Smelting is a company that produces and exports ferrochrome, an alloy of chromium, iron and carbon that is used in steelmaking.

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Zim Introduces Capital Gains Tax on Mining Title Transfers

Zimbabwe enacted the Finance Act 2024 Act 13 of 2023, introducing a 20% capital gains tax on mining title transfers. This new tax regime, affects both domestic and international transactions, prompting concerns among stakeholders. The Finance Act mandates that stakeholders

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Forensic Report Dashes Hopes for Vubachikwe Gold Mine’s Reopening

A forensic report conducted by South Africa’s ForFar Forensics has flagged the reopening of Vubachikwe Gold Mine, citing several issues such as mismanagement, mounting debts, and unscrupulous operations. Rudairo Mapuranga While workers were looking forward to the reopening of the

NEWS

Rushwaya to be sentenced tomorrow

Zimbabwe Miners Federation (ZMF) President Ms Henrietta Rushwaya who is accused of attempting to smuggle 6kg of gold will be sentenced tomorrow at 14:30hrs, Mining Zimbabwe has learnt. Rushwaya had been remanded to today (14 November 2023) for sentencing at

NEWS

ZMF requests for the liberalisation of the semi-precious & gemstone sector

In an endeavour to ensure the growth and development of the semi-precious and gemstones sector, the Zimbabwe Miners Federation (ZMF) has requested for the liberalisation of the sector. In a letter submitted to the Permanent Secretary in the Ministry of

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