Almot Maqolo in Victoria Falls THE country’s much debated new wealth tax still needs further review before it is implemented, the Zimbabwe Revenue Authority (Zimra) says. In his 2024 National Budget, Finance minister Mthuli Ncube introduced a one percent wealth tax, saying that the country’s tax structure benefited the rich at the expense of the…

The tax would be levied on all
residential properties worth more
than US$250 000 that are owned
by individuals under the age of 65.
