Businesses Face VAT Refund Delays

Zimbabwe’s business sector faced cash-flow strains due to delays in Zimbabwe Gold (ZWG) input VAT refunds. Some refunds, pending since March 2025, threatened industrial operations, the Zimbabwe National Chamber of Commerce warned, urging the Zimbabwe Revenue Authority to speed up audits and allow tax offsets. The Confederation of Zimbabwe Industries said strict tax enforcement continued to burden firms despite government assurances of clearing backlogs, stressing the urgent need for timely tax relief.