Free forex ebook
blogNewsRates & Prices

ZINARA Implements Mthuli's 100% Hike in Tollgate Fees

ZIMRA will install a virtual fiscal solution at all toll gates for effective accounting of the funds.

  • forex
  • Wealthy affiliate online

ZINARA Implements Mthuli's 100% Hike in Tollgate Fees

Zimbabwe’s National Road Administration (Zinara) is set to implement new toll fees outlined in Finance Minister Mthuli Ncube’s 2024 budget starting this Friday.

Tollgate fees on premium roads like Harare-Beitbridge and Plumtree-Mutare will see a significant 100% increase, as stated by Minister Ncube.

2024 Budget: Mthuli Rapped for Punitive Taxes

The generated revenue from these toll fees will be directed to the Consolidated Revenue Fund.

For light motor vehicles, the current fee of US$2 across the board will now be US$5 on proposed premium roads and US$4 on other roads.

Minibus drivers, who currently pay US$3, will face new charges of US$8 on premium roads and US$6 on other routes.

Bus fees are set to rise to US$10 on proposed premium roads and US$8 on other roads, up from the current US$4.

  • WhatsApp masterclass

Heavy vehicle operators, currently paying US$5, will experience an increase to US$15 on premium roads and US$10 on other routes starting January 1 next year.

ZINARA Implements Mthuli's 100% Hike in Tollgate Fees

Haulage truck toll fees will be set at US$25 and US$20, respectively.

Foreign-registered vehicles are required to pay toll fees in United States Dollars or equivalent foreign currencies, while locally registered vehicles may use the local currency at the prevailing exchange rate.

Minister Ncube emphasized that the increased fees’ revenue would be contributed to the Consolidated Revenue Fund.

In a move towards transparency, ZIMRA will install a virtual fiscal solution at all toll gates for effective accounting of the funds.

New Tollgate Fees For Premium Roads in Zimbabwe

For Harare-Beitbridge Road & Plumtree-Mutare Roads,

  • Motorcycles remain exempted,
  • Light Motor Vehicle drivers now pay $4  or ZWD24 800,
  • Minibuses to pay $6 or ZWD37 200,
  • Buses to fork out $8 equivalent to ZWD49 600,
  • Heavy Vehicles will pay $10 or ZWD62 000.
  • Haulage Trucks are set to pay $20 equivalent to ZWD124 000, and
  • Residential Per Term now pay $80 or ZWD496 000.

Bryan

Person for people. Reader of writings. Writer of readings.

Related Articles

Back to top button

Adblock Detected

Please turn off your adblocker to view our content as our site is ad-supported