Zanu PF Demands Scrapping of Mthuli Ncube’s 2% Tax
In a stunning move, the ruling Zanu PF party has publicly called for the removal of the controversial and much-maligned 2% Intermediated Money Transfer Tax (IMTT). The demand was one of several major economic resolutions announced at the party’s annual conference in Mutare on 18 October 2025, placing direct pressure on Finance Minister Mthuli Ncube. The tax, a cornerstone of the minister’s fiscal policy, has long been a point of contention with the public and businesses.
According to the newZWire report from the conference, the party resolved to “drop the 2% transaction tax (IMTT).” This direct instruction from the party that controls the government signals a significant internal policy clash.
The tax, which deducts 2% from most electronic financial transactions, has been criticised for increasing the cost of doing business and burdening ordinary citizens.
Economic And Political Resolutions From Mutare
The Zanu PF conference did not stop at the tax demand. Delegates also passed sweeping economic and political resolutions that could reshape policy. These covered currency issues, farming, infrastructure, governance, and even the country’s holiday calendar.
Here is a full breakdown of the resolutions announced in Mutare:
| Economic Resolutions | Political Resolutions |
|---|---|
| Scrap the 2% Transaction Tax (IMTT) – Direct call for Finance Minister Mthuli Ncube to remove the controversial levy. | Extend President Mnangagwa’s Term by 2 Years – Direct order to justice ministry to amend the law by October 2026. |
| Back the ZiG currency – ZiG to become the sole legal tender for domestic transactions, including fuel payments. | Munhumutapa Day Declared Public Holiday – September 15 (Mnangagwa’s birthday) set as a national holiday. |
| Improve ZiG note quality and circulation – Boost confidence and usability of the new currency. | All Party Members Bound to Resolutions – ZANU PF warned that opposing conference decisions is “gross misconduct”. |
| Fast-track reforms to cut business regulatory costs – Reduce cost of doing business. | Provision of Vehicles & Motorcycles to Leaders – Party leaders to be prioritised in resource allocation. |
| Pay farmers within one month of Grain Marketing Board (GMB) deliveries and clear arrears. | Deploy ideologically grounded cadres in civil service – Directive to ensure loyalty in state institutions. |
| Invest in renewable energy – Focus on solar panels and local battery manufacturing. | |
| Provide free public Wi-Fi – Use Universal Services Fund for nationwide connectivity. | |
| Accelerate infrastructure projects – Roads, dams, border posts to be prioritised. | |
| Revive railway system – Reduce heavy trucking to protect roads. | |
| Curb export of unprocessed raw materials – Push for local value addition. | |
| Enforce environmental protection laws – Crack down on violations. |
Currency Push And Farmers’ Payments
Alongside the 2% tax resolution, the party made bold declarations about the ZiG currency. Delegates resolved to “back the ZiG so that it becomes the sole legal tender for domestic transactions, including paying for fuel.”
There was also a strong emphasis on agriculture. newZWire reported a clear order to “pay farmers within a month of GMB deliveries and clear their arrears.” This resolution is aimed at ending delays that have long frustrated Zimbabwe’s farming community.
A New Public Holiday And Term Extension
The conference also made major political pronouncements. The justice ministry was instructed to “begin legal processes to extend President Mnangagwa’s term by 2 years to 2030.” Party justice secretary Ziyambi Ziyambi stated that this must be done “by October next year.”
The delegates also resolved to declare 15 September, President Mnangagwa’s birthday, a national public holiday: Munhumutapa Day.
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