makuhwa ZIMRA rejects it's own currency

[Lenard]

The Zimbabwe Revenue Authority which is a tax collection service published a public service announcing citing businesses in Zimbabwe should pay taxes in the currencies in which they trade-in. The old process of converting US dollars to bond notes and then paying taxes to ZIMRA has been rejected as the nation continues going through an economic crisis.

 

[Numero Uno]

No one wants bond notes including the government that's interesting.

 

[Lenard]

No one wants bond notes including the government that's interesting.

Only if business has been conducted with bond notes then ZIMRA is saying you can pay taxes using those same bond notes.

 

[Numero Uno]

Only if business has been conducted with bond notes then ZIMRA is saying you can pay taxes using those same bond notes.

When all is said and done RTGS and bond notes are now showing how the government wants to take US dollars from the citizens and give them worthless bond notes.

 

[Lenard]

When all is said and done RTGS and bond notes are now showing how the government wants to take US dollars from the citizens and give them worthless bond notes.

Yes, the new measures are not investor friendly and don't paint a good picture at all.

 

[Numero Uno]

Yes, the new measures are not investor friendly and don't paint a good picture at all.

I guess it's the same old way of Zanu PF doing things nothing new.