Zimbabwe raises bookmaker tax to 20% and bettors’ winnings tax to 25%
Finance Minister Mthuli Ncube announced in Harare on 28 November that Zimbabwe will raise taxes on bookmakers and bettors from 1 January 2026. The bookmaker rate will increase from 3% to 20% as a final tax, replacing corporate income tax for affected companies; withholding tax on bettors’ winnings will rise from 10% to 25%.
Licensed betting companies, lotteries and casino operators will face a higher tax rate, while no longer paying corporate income tax.