Zimbabwe will impose a 10% withholding tax on sports betting winnings starting January 2025, tax experts warn that the policy has "social regressiveness," potentially increasing the burden on low-income players and pushing gambling activities to the black market. Finance Minister Mthuli Ncube implem
The Lottery and Gaming Fund has become a crucial pillar in driving the socio-economic development of Zimbabwe. The fund aims to fully utilize the economic potential of the gaming industry to provide financial support for national development and social welfare.Nick Mangwana, the Permanent Secretary
Zimbabwe's online gambling market is rapidly rising, becoming an important part of the country's economic diversification and digital transformation. With the increase in internet penetration and the popularity of mobile payments, online gambling is becoming increasingly popular among Zimbabwe's you
Zimbabwe's gambling industry has been revitalized. With the widespread use of smartphones and the decrease in mobile data prices, online betting has become as commonplace as using WhatsApp. Whether supporting the local Highlanders team or betting on the English Premier League, more and more Zimbabwe
In Zimbabwe, a storm against illegal gambling machines is sweeping across the country, especially those hidden in residential homes and street shops known as "mini casinos." Regulatory authorities and police have joined forces, vowing to comprehensively rectify the increasingly rampant underground g
To reduce reputational risk and maintain the image of the police, the Zimbabwe National Police recently issued a ban, explicitly prohibiting officers from entering betting stations in uniform or participating in any form of gambling activities.This ban was announced by Commissioner Paul Nyathi, the
Sports betting has become a powerful movement nationwide in Zimbabwe, with an increasing number of bettors.In various betting stations emerging in towns, people of all ages, both men and women, are trying their luck.It seems to have become a highly profitable business.Gambling, once merely a pastime
In Zimbabwe, led by the Minister of Home Affairs and Cultural Heritage Kazembe Kazembe, the government has issued a warning against illegal gambling activities. The authorities have committed to shutting down and prosecuting entities or individuals not approved by the Zimbabwe Lotteries and Gambling
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