Home | World | Africa | Zimra collects $7,5m car import duty in 12 days
VIDEO: President Robert Mugabe Dozes Off at State Function While Wife Humiliates Presidential Spokesperson
BREAKING:Oliver Mtukudzi declared National Hero

Zimra collects $7,5m car import duty in 12 days

The Zimbabwe Revenue Authority (Zimra) collected $7, 5million in 12 days in car import duty at Beitbridge as vehicle dealers acted on rumours that Government intends to introduce duty in US dollars.

The dealers resorted to buying cars with bigger engines as a way of keeping their money on valuable properties.

Under normal circumstances Zimra collects an average of $8, 5 million monthly. However, as a result of the panic daily imports from the neighbouring country have increased to between 500 and 700 cars.

More to follow.....

CLICK HERE TO READ MORE FROM: Africa Visit website


view more articles

About Article Author

Chuka (Webby) Aniemeka
Chuka (Webby) Aniemeka

Chuka is an experienced certified web developer with an extensive background in computer science and 18+ years in web design &development. His previous experience ranges from redesigning existing website to solving complex technical problems with object-oriented programming. Very experienced with Microsoft SQL Server, PHP and advanced JavaScript. He loves to travel and watch movies.

View More Articles

100 Most Popular News

Displaying 1 - 98 of 98