{"id":43289,"date":"2025-11-28T07:47:49","date_gmt":"2025-11-28T07:47:49","guid":{"rendered":"https:\/\/eduzim.co.zw\/news\/?p=43289"},"modified":"2025-11-28T07:47:49","modified_gmt":"2025-11-28T07:47:49","slug":"utm_sourcerssutm_mediumrssutm_campaigngovernment-introduces-tax-incentives-to-spur-stadium-development","status":"publish","type":"post","link":"https:\/\/eduzim.co.zw\/news\/2025\/11\/28\/utm_sourcerssutm_mediumrssutm_campaigngovernment-introduces-tax-incentives-to-spur-stadium-development\/","title":{"rendered":"Government introduces tax incentives to spur stadium development"},"content":{"rendered":"<p> <script data-jetpack-boost=\"ignore\" async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-1669381584671856\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- Africa tv video display -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-1669381584671856\"\r\n     data-ad-slot=\"3579572842\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script data-jetpack-boost=\"ignore\">\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"post-138850\">\n\t<!-- .entry-header --><\/p>\n<p>\t<img data-recalc-dims=\"1\" width=\"343\" height=\"264\" src=\"https:\/\/i0.wp.com\/eduzim.co.zw\/news\/wp-content\/uploads\/2025\/11\/Government-introduces-tax-incentives-to-spur-stadium-development.jpg?resize=343%2C264&#038;ssl=1\" class=\"object-contain h-46 w-full rounded-lg  md:rounded-none md:rounded-lg wp-post-image\" alt=\"\" decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\/\/i0.wp.com\/www.soccer24.co.zw\/wp-content\/uploads\/2024\/02\/ball-t.jpg?w=1368&amp;ssl=1 1368w, https:\/\/i0.wp.com\/www.soccer24.co.zw\/wp-content\/uploads\/2024\/02\/ball-t.jpg?resize=300%2C231&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.soccer24.co.zw\/wp-content\/uploads\/2024\/02\/ball-t.jpg?resize=1024%2C789&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.soccer24.co.zw\/wp-content\/uploads\/2024\/02\/ball-t.jpg?resize=768%2C592&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.soccer24.co.zw\/wp-content\/uploads\/2024\/02\/ball-t.jpg?resize=343%2C264&amp;ssl=1 343w, https:\/\/i0.wp.com\/www.soccer24.co.zw\/wp-content\/uploads\/2024\/02\/ball-t.jpg?w=1280&amp;ssl=1 1280w\" sizes=\"(max-width: 343px) 100vw, 343px\"\/><\/p>\n<div class=\"entry-content custom-text-styles\">\n<p>The Government of Zimbabwe has unveiled new tax incentives aimed at encouraging companies to build or upgrade sports facilities amid ongoing efforts to revive the country\u2019s deteriorating sporting infrastructure.<\/p>\n<p>The measures come as Zimbabwe remains without a CAF-accredited stadium, a situation that has forced national teams and local clubs to play their continental fixtures outside the country. In response to the infrastructure crisis, several clubs \u2014 including Hardrock FC \u2014 have already embarked on their own stadium construction projects.<\/p>\n<p>Under the proposed incentives, companies investing in public sports facilities will qualify for a 150% tax deduction on the value of their investment, spread over two years. This means that a firm spending US$1 million on stadium improvements will be able to deduct US$1.5 million from its taxable income. The package also includes duty-free importation of specialised stadium equipment such as turf, seating, lighting and scoreboards.<\/p>\n<p>The Government also allocated ZiG841.4 million (approximately US$32 million) to the Ministry of Sport, Recreation, Arts and Culture to support key projects, including the completion of outstanding works at the National Sports Stadium.<\/p>\n<p>Finance Minister Mthuli Ncube revealed the incentives during his presentation of the 2026 national budget.<\/p>\n<p><h3 class=\"jp-relatedposts-headline\"><em>Related Posts<\/em><\/h3>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<p>\t<!-- \n\n<footer class=\"entry-footer\">\n\t\t<span class=\"cat-links\">Posted in Local<\/span><span class=\"tags-links\">Tagged Government, zimbabwe<\/span>\t<\/footer>\n\n -->\n<\/div>\n<p><script data-jetpack-boost=\"ignore\" async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-1669381584671856\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- Africa tv video display -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-1669381584671856\"\r\n     data-ad-slot=\"3579572842\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script data-jetpack-boost=\"ignore\">\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n#Government #introduces #tax #incentives #spur #stadium #development<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government of Zimbabwe has unveiled new tax incentives aimed at encouraging companies to build or upgrade sports facilities amid&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13647,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[587,543,9302,4497,9303,3434,837],"class_list":["post-43289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-example-3","tag-development","tag-government","tag-incentives","tag-introduces","tag-spur","tag-stadium","tag-tax"],"_links":{"self":[{"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/posts\/43289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/comments?post=43289"}],"version-history":[{"count":1,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/posts\/43289\/revisions"}],"predecessor-version":[{"id":43290,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/posts\/43289\/revisions\/43290"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/media\/13647"}],"wp:attachment":[{"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/media?parent=43289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/categories?post=43289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/tags?post=43289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}