Zimbabwe just slashed taxes on wine imports for the next two years. The government wants local winemakers to save money and compete better against foreign brands. Officials signed Statutory Instrument 68 of 2025 to make this happen right away. Wine companies can skip paying excise duties on raw wine they bring into the country. The tax break should help struggling local wineries stay afloat.
Companies must apply for approval from Zimbabwe Revenue Authority before they can use this deal. Each approved winemaker can import up to 100,000 litres of raw wine every year without paying the extra taxes. They have to sign papers promising the wine will only be used for making finished products at their approved facilities. Revenue officials can still block companies that have unpaid tax bills or other compliance problems. The rules give tax collectors power to investigate and enforce the requirements.
Market experts think Zimbabwe's wine business could reach 12.64 million dollars this year. Most people buy their wine from supermarkets and convenience stores rather than drinking at restaurants and bars. Home consumption should bring in about 11.77 million dollars compared to just 875,000 dollars from bars and restaurants. People drink an average of 0.37 litres of wine per person at home each year. The total wine consumption across the country should hit 7.20 million litres during 2025.
Companies must apply for approval from Zimbabwe Revenue Authority before they can use this deal. Each approved winemaker can import up to 100,000 litres of raw wine every year without paying the extra taxes. They have to sign papers promising the wine will only be used for making finished products at their approved facilities. Revenue officials can still block companies that have unpaid tax bills or other compliance problems. The rules give tax collectors power to investigate and enforce the requirements.
Market experts think Zimbabwe's wine business could reach 12.64 million dollars this year. Most people buy their wine from supermarkets and convenience stores rather than drinking at restaurants and bars. Home consumption should bring in about 11.77 million dollars compared to just 875,000 dollars from bars and restaurants. People drink an average of 0.37 litres of wine per person at home each year. The total wine consumption across the country should hit 7.20 million litres during 2025.
