Zimbabwe Plans to Overhaul Tax System to Boost ZiG Currency

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Zimbabwe plans to introduce regulations that will require businesses to settle a portion of their taxes in ZiG to boost the new bullion-backed currency that’s had a “positive impact” on the economy, the finance minister said.

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Zimbabwe’s ZiG Prompts Scrapping of Vesting Rules on Stock MarketThe stability of Zimbabwe’s new currency, the ZiG, has prompted authorities to scrap a rule in place since 2022 that requires investors on its main bourse to hold onto stocks for a period of 180 days or risk paying a higher capital gains tax.
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