Investing in Zimbabwe

To fund a number of associations and development programmes Government has introduced a limited number of levies to be paid by all companies operating in Zimbabwe.

• Manpower Development Levy
  1% of total wage bill
• Development Levy
  5% of tax payable by companies, private business corporations, trusts and taxable income from trade or investment by an individual.
• Standards Association Levy
  0.15% of total wage bill
• ZimTrade Levy
  0.01% of the value of all exports and imports (excluding gold minerals)
• Fuel Levy
  $110 per litre on petrol and $110 on diesel fuel.
• Tourism Levy
  2% on all sales within the industry.
• Aids levy
  3% of total wage bill

National Social Security Authority.

The National Social Security Authority (NSSA) was established to provide for pension and other benefits together with a workmen’s’ compensation scheme. The pension and other benefits scheme is a contributory one with both employers and employees required monthly contributions. Employees contribute 3% of their gross monthly insurable earnings, the current maximum being $750 000 per month with employers contributing a further 3% and being responsible for paying the total contribution to the NSSA.