ZIMRA has requested information on property owners and tenants at Borrowdale Brooke Golf Estate, including contact details and lease commencement dates, with the homeowners association saying it is legally required to comply.

HARARE — The Bankers Association of Zimbabwe (BAZ) has launched a high-stakes legal challenge against the Zimbabwe Revenue Authority (ZIMRA), intensifying a bitter dispute over tax treatments that lenders warn could cripple the nation’s financial stability and freeze credit lines. At the heart of the litigation is ZIMRA’s interpretation of the Income Tax Act, which has disallowed interest expenses, the fundamental cost of doing business for banks, as deductible expenses when