Fast Foods Tax Collection Commences Today

The newly introduced Fast Foods Tax collection and remittance starts today, 1st January 2025.

This 1% tax, announced by the Minister of Finance, Economic Development, and Investment Promotion, Hon. Prof. Mthuli Ncube, was introduced during the presentation of the 2025 annual budget last November.

Sponsor Logo

Rainbow Hotels — Experience Luxury Across Zimbabwe

Rainbow Hotels continues to redefine hospitality standards in Zimbabwe, offering world-class accommodation, fine dining, and modern conference facilities in Harare, Bulawayo, and Victoria Falls.

Whether for business or leisure, Rainbow Hotels delivers unmatched comfort, exceptional service, and a truly premium guest experience tailored to modern travellers.

Book Now
Sponsored Content

The tax applies to a range of fast foods, including pizza, burgers, hotdogs, shawarma, French fries, chicken, doughnuts, tacos, and similar products.

Fast food outlets are urged to comply with the new regulations to avoid legal penalties.

The Zimbabwe Revenue Authority (ZIMRA) has instructed taxpayers to register for this new tax and update their accounting systems to generate necessary reports and ensure proper tax remittance.

This tax is levied on the sales value of fast foods and aims to tackle obesity and other health issues associated with highly processed foods by reducing consumption.

John Tanyanyiwa

Business

RioZim Rejects Corporate Rescue Bid, Cites Previous Court Victory in Defence

RioZim Limited has moved to dismiss a fresh application seeking to place the company under corporate rescue, calling the claims unsubstantiated and pointing to a similar case it successfully defended last year. In a statement released on 4 May 2026, the mining group said shareholder Tendai Rwodzi, who holds 1,500 ordinary shares representing 0.0012% of […]

Read More
Business

Kavango Resources Strengthens Zimbabwe Operations in 2025 as Hillside Advances Toward Commercial Production

Kavango Resources delivered a year of operational progress in 2025, expanding its Zimbabwe workforce and advancing the Hillside gold project, where a 50-tonne-per-day processing plant is currently under construction. The forecast also accounts for capital expenditure completion at Hillside, the transfer and release of escrow funds at the Nara project, and planned expenditure in Botswana. […]

Read More
Business

Cultivating Futures, Seed Co’s Career Day Signals Shift from CSR to Strategic Talent Development

By Aldridge Dzvene HARARE – At first glance, Seed Co Limited’s inaugural Career Guidance Day may appear as a routine corporate social responsibility outreach. Yet, beneath the motivational tone and student engagement lies a deeper strategic recalibration, one that positions human capital development not as charity, but as an essential pillar of corporate sustainability and […]

Read More