Rutendo Nyeve
THE Zimbabwe Revenue Authority (ZIMRA) has registered significant strides towards advancing the Exchange of Information (EOI) as a strategic instrument for protecting national revenue, promoting fair taxation, and addressing tax evasion and tax-related illicit financial flows.
This was revealed by ZIMRA Acting Commissioner General, Mr Misheck Govha, at the Continental Exchange of Information Conference and Workshop held in Victoria Falls on Wednesday.
Addressing delegates from across Africa, Mr Govha said Zimbabwe’s participation reflected the country’s commitment to strengthening legal and institutional arrangements in line with international tax transparency standards.
“Exchange of Information is a strategic instrument for protecting national revenue, promoting fair taxation and addressing tax evasion and tax-related illicit financial flows,” he said.
He said since joining the Global Forum on Transparency and Exchange of Information for Tax Purposes in April 2023, Zimbabwe has been working to strengthen its frameworks.
“A significant milestone was the deposit of Zimbabwe’s instrument of ratification of the Convention on Mutual Administrative Assistance in Tax Matters on 31 August 2026. The Convention is scheduled to enter into force for Zimbabwe on 1 January 2027, expanding the legal basis for cooperation with other jurisdictions,” Mr Govha said.
He said ZIMRA’s priority is to translate these commitments into effective implementation by strengthening and formalising its EOI function, developing staff capability, and improving coordination with domestic institutions and international partners.
“We are also preparing for international peer review and assessing the capabilities required for future participation in automatic exchange of information,” he said.
Mr Govha emphasised that tax transparency is a shared national responsibility, requiring appropriate legal powers, adequately resourced structures, and secure information-management processes.
“Let us leave Victoria Falls with clearer priorities, stronger partnerships and practical commitments we can carry into action,” he urged delegates.
Zimbabwe remains committed to working with ATAF, the Global Forum, and fellow African jurisdictions to advance this agenda, grounded in confidentiality, respect for taxpayer rights, and mutual trust.