Consumers Decry New Taxation Citing High Unemploymen

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Published Feb 9, 2017

Zimbabwe's government has recently introduced a tax on previously zero-rated goods to increase government revenue. The move has left consumers with a burden many are unable to bear considering the high rate of unemployment in the country. Reports are however emerging that Finance minister Patrick Chinamasa has shelved implementation of Statutory Instrument 20, which imposed 15% VAT on rice, meat, potatoes, margarine, and cereals.