Harare, (New Ziana) – The Zimbabwe Revenue Authority (ZIMRA) collected net revenues equivalent to US$7.69 billion in 2025, surpassing its annual target by nearly 7 percent, as the tax authority concluded its ambitious five-year strategic transformation program with major gains in digitalisation, service delivery and revenue mobilisation, an official has said.
ZIMRA board chairperson Anthony Mandiwanza said this while presenting the Annual Report and Audited Financial Statements for the year ended 31 December 2025 in the capital on Friday.
He said revenue collections exceeded the target of US$7.2 billion by US$493.64 million, reflecting strong performance in a relatively stable economic environment.
“The operating environment remained broadly stable in 2025, with inflation contained and GDP growth sustained, both within the 4 percent to 5 percent range. This was underpinned by the Government’s tighter monetary stance, restrained local currency liquidity and complementary fiscal measures aimed at containing exchange rate colatility and inflationary pressures. These conditions supported business activity and provided a more predictable environment for revenue mobilisation and tax administration,” he said.
These conditions, he said, created a more predictable business environment and strengthened prospects for effective tax administration and revenue collection.
Mandiwanza said over the past five years, ZIMRA’s strategy was anchored on the Integrated Results-Based Management System and aligned with Government’s National Development Strategy 1 (NDS1), which seeks to drive inclusive economic growth, industrialisation and governance reforms.
He said as part of this national agenda, the authority continued to strengthen domestic resource mobilisation, improve voluntary tax compliance and modernise trade facilitation through technological upgrades and streamlined processes at ports of entry.
“In 2025, ZIMRA achieved considerable progress, including the implementation of the Tax and Revenue Management System (TaRMS) and the Fiscalisation Data Management System (FDMS). Significant projects during the 2021-2025 cycle included the Zimbabwe Electronic Single Window, Contact Centre, Queue Management System, Surveillance and Command Centre, Scanners, and the Drones Project. Some infrastructure projects for staff and office accommodation were completed in Chiredzi, Maitengwe and Chirundu,” he said, adding that these initiatives significantly enhanced transparency, efficiency and taxpayer experience paving way for smarter data-driven administration.
In another significant achievement, the authority attained ISO 9001:2015 certification, demonstrating compliance with internationally recognised quality management standards and reinforcing confidence in its internal systems and processes.
Financially, ZWG gross revenue nearly doubled, rising from ZWG123.40 billion in 2024 to ZWG243.50 billion in 2025, representing growth of 97.33 percent.
Building on the lessons from the completed strategic cycle, Mandiwanza said ZIMRA will intensify efforts to strengthen performance under its new 2026–2030 Strategy.
He said the authority has set an ambitious US$9.2 billion revenue target for 2026, which it plans to pursue through expanded audit coverage, targeted interventions in key sectors, formalisation of the informal economy, intensified taxpayer education and increased use of technology.
Government projections of 5 percent GDP growth, continued macroeconomic stability and improved adoption of the local currency are expected to support revenue performance and sustain momentum in the coming years.
Mandiwanza said the success achieved during the past five years demonstrates the institution’s growing capacity to meet increasingly demanding revenue targets while supporting national economic development priorities.
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