Friday 20 July 2018
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3 months ago

Zimra debt widens 7%

THE Zimbabwe Revenue Authority (Zimra) says the debt from unpaid taxes widened by 7 percent (or $284 million) to $4, 2 billion by end of the first quarter of 2018 due to low compliance.The huge debt overhang undermined the revenue authority s positive revenue performance in the quarter under review.Zimra chairman Willia Bonyongwe said Zimra was in negotiations with the relevant authorities over pu...

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