Fidel

Farmer with intrest in politics

[Fidel @djvzim]

@paultungwarara This is Inspiring, the level of enterprising this man has is astounding.

[Fidel @djvzim]

@ShamaParveen70 @grok is there anyway of retrieving the ship

[Fidel @djvzim]

@luffymonarca @grok which place is this?

[NDS2 @ZimGvt_NDS1]

NDS2: Zimbabwe's 2026 Tax Reforms Explained

The 2026 tax reforms in Zimbabwe represent a strategic pivot toward what policy experts call a "compliance-first" model. While the government has introduced several targeted relief measures to lower the cost of doing business, these are balanced by broader efforts to digitize the tax net and ensure stability through the ZiG (Zimbabwe Gold) currency.

1️⃣Targeted Business Relief & Investment Incentives
The government has introduced specific measures to reduce operational costs and reward growth:
✍🏽IMTT Deductibility: In a major win for the private sector, the Intermediated Money Transfer Tax (IMTT) is now an allowable deduction for Corporate Income Tax purposes. Previously, this was a "final tax," meaning it directly ate into profits.
✍🏽Reduced IMTT Rate: The IMTT rate for local currency (ZiG) transactions has been lowered from 2% to 1.5%, encouraging the use of the local currency and lowering transaction costs for domestic trade.
✍🏽Youth Employment Tax Credit: To stimulate job creation, companies can claim a tax credit of USD 1,500 per employee for hiring young workers, directly incentivizing entrepreneurship and labor absorption.
✍🏽Support for Emerging Sectors: Qualifying Business Process Outsourcing (BPO) firms now enjoy a preferential corporate tax rate of 15%, aiming to position Zimbabwe as a regional tech and service hub.

2️⃣ Enhancing Stability & Compliance
Rather than raising general rates across the board, the 2026 budget focuses on "broadening the base" through technology and closing loopholes.
✍🏽The TaRMS Revolution: The Tax and Revenue Management System (TaRMS) is now the backbone of ZIMRA operations. It shifts the system from manual reporting to real-time automated verification, reducing the "tax gap" caused by non-compliance.
✍🏽Domestic Minimum Top-Up Tax (DMTT): Aligning with global standards, a **15% minimum tax** applies to multinational enterprises (MNEs) with global revenues exceeding €750 million. This ensures large entities contribute fairly to the local economy.
✍🏽Permanent Establishment (PE) Changes: The threshold for a foreign company to be considered "operating in Zimbabwe" was reduced from 183 days to 90 days. This ensures that foreign contractors on short-term projects contribute to the national treasury.

3️⃣Impact on Cost of Living & Households
While business-friendly, the 2026 reforms also include measures that directly impact the consumer:
| Measure | Impact on Citizens |

| VAT Adjustment | The standard VAT rate increased slightly from 15% to 15.5%. This is intended to fund social services but requires careful budgeting by households. |

| Digital Services Tax | A 15% withholding tax now applies to foreign digital platforms (e.g., streaming services), reflecting the global trend of taxing the digital economy. |

| Transport Duty Relief | To keep commuting costs down, duty suspensions remain for electric buses and compliant public service operators. |

| Agriculture Exemptions | VAT exemptions were introduced for irrigation and rural electrification equipment, aimed at lowering food production costs over the long term. |

## 4. Strengthening the Economic Environment
The ultimate goal of these reforms is to create a predictable and competitive environment. By capping IMTT for very large transactions (at approximately US$10,150) and moving toward fiscalized (digital) invoicing, the government is reducing the "hidden costs" of bureaucracy.

**Key Takeaway: The 2026 strategy moves away from temporary tax holidays toward a structured, digital-first system. For the business owner, this means lower transaction taxes and better incentives for hiring; for the citizen, it means a more stable currency environment, albeit with slightly higher consumption taxes to fund infrastructure.

[Shanghai HUB International Trading @hubtradecn]

African dried chili peppers now open to China 🇨🇳🌶️
#China #Import #Food #GACC #Compliance
From Apr 26, all African countries with diplomatic ties to China can export dried chilies (origin restrictions removed). From May 1, zero tariffs apply to all African exports — a major boost

[🧬Maxpein🧬 @maximumpain333]

Why some people never posted in social media?

✨🙌🏽💫

[Fidel @djvzim]

@secretmanifesto I recover Mine

[Fidel @djvzim]

@hatiperi_wacho Very creative

[Fidel @djvzim]

@syndrome22q1 @catturd2 @GuntherEagleman @karolineleavitt @atensnut @lindayaX @dbongino @bennyjohnson @alphafox @MrBeast Merry Christmas

[Fidel @djvzim]

@qatarairways

[Fidel @djvzim]

@Am_Blujay @grok who is this woman and what did she do and will she be going to prison

[Fidel @djvzim]

@LynneStactia @grok what is going on here

[𝐌𝐞𝐧𝐭𝐨𝐫 𝐌𝐚𝐬𝐜𝐮𝐥𝐮𝐬 @mentormqsculus]

When you're always agreeable, always smiling, always saying “yes,” she doesn't see kindness — she sees submission.

Women are biologically wired to test men’s strength. It’s not personal; it’s instinct. If she pushes your buttons and you never push back, you’ve failed the test.

[Fidel @djvzim]

@thaslickpastor Utter Hogwash
Homeless Poweranger
😂😂😂

[Oscar Hoole @theoscarhoole]

In 1990, Trump was $900M in personal debt.

His casinos lost $3M per WEEK.

Banks seized his yacht, plane, and helicopter.

Then ONE move transformed him into a billionaire TV icon...

Here's the full story:

[Oku @oku_yungx]

This is the most interesting interview i have ever seen in my life. 🔥🫵🏾

A lot to learn here from this tough man.

Marriage
Divorce
Money
Bankruptcy ✍️✍️✍️✍️

[Fidel @djvzim]

@Jamwanda2 @joseph_kalimbwe

[VT @VusiThembekwayo]

The journey to true leadership is paved with trials and challenges that test your character and resilience. The tuition you pay to God for this transformative path often includes being misunderstood, isolated, lied about, and spoken against.

This tuition, paid through hardship and adversity, is what molds you into a true leader. It’s through these experiences that you develop empathy, resilience, and a deep sense of purpose. You learn to lead not with arrogance or entitlement, but with humility and grace, understanding that these trials have prepared you to guide others with wisdom and compassion.