Zim’s transit tax to disrupt trade
By MERVIS MUSONDA
ECONOMIST Kelvin Chisanga says the Zimbabwean government’s new refundable transit tax for truckers could significantly disrupt trade and economic activities across Southern Africa.
The policy mandates truckers to pay US$25, 000 upon entry into Zimbabwe, which can only be reclaimed upon exiting the country.
Mr Chisanga says while the tax is meant to regulate transit, it has faced widespread criticism for its high upfront costs and complex administration, which many view as barriers to smooth trade and CLICK HERE TO READ MORE
