Parliament Backs Gvt’s ’26 Budget…as Ncube Agrees to Scrap Proposed Cash Withdrawal Levy – DailyNews

Ncube abandons 2026 budget plan for levy on cash withdrawals

HARARE – Finance Minister Mthuli Ncube has abandoned plans to introduce a cash withdrawal levy, conceding that the proposed tax risked discouraging Zimbabweans from depositing money in banks. Ncube announced the climbdown in Parliament this week, barely a month after unveiling the levy in his 2026 budget statement, following sustained criticism from lawmakers, businesses and the public. “I have listened to the argument. Treasury has been listeni…

Govt drops plan for cash withdrawal levy

The Zimbabwe government has dropped its plan to introduce a levy on cash withdrawals. The post Govt drops plan for cash withdrawal levy first appeared on Three Men On a Boat.

Parliament backs Gvt’s ’26 Budget…as Ncube agrees to scrap proposed cash withdrawal levy – DailyNews

Blessings Mashaya POLITICAL EDITOR PARLIAMENT passed Finance minister Mthuli Ncube’s much-debated 2026 National Budget early yesterday morning with minor changes. This means... To access this content, please purchase a subscription by clicking the button below and select a package of your choice! Subscriptions