Xerxes Consulting is now online

Smaller consultant firms thrive as emerging markets beckon

MANAGEMENT CONSULTANTS saw a healthy increase in fee income during 2012, with smaller firms picking up international assignments. Members of the Management Consultancies Association (MCA) contributed towards the industry being valued at £9bn.

Africa’s growth depends on good corporate governance

A two-day meeting in Harare last week that brought together delegates from African countries acknowledged that Africa’s economic growth would not be sustainable if the continent does not improve its reputation for corporate governance.

Bulk of SME’s remain unbanked

BOUT 43 percent of micro, small and medium enterprises in Zimbabwe, which generated US$7,4 billion in revenue last year, have no access to financial services, a recent study shows.

Calculating VAT on imported services

Value Added Tax is levied on taxable supplies which include goods and services traded locally, imports and exports. This week’s edition looks at the treatment of imported services for VAT purposes.

Avoid the risk of covid-19 virus

The Zimbabwe Revenue Authority (ZIMRA) hereby wishes its valued clients to stay safe and cautious by reducing visits to ZIMRA offices this season of COVID 19 virus outbreak. As a mitigating measure against the spread of COVID-19 virus, clients are encouraged to access, utilise the available ZIMRA e-service facilities on (www.efiling.zimra.co.zw)

VAT Refunds Made Easier Taxman

For quick processing of VAT Refund claims, Registered Operators are required to provide the following to ZIMRA through the online services (where possible).