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Home » $11m ZIMRA penalties weigh down TelOne
Companies & Markets

$11m ZIMRA penalties weigh down TelOne

written by Omega Ukama 0 comments
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TELONE’S profitability in 2018 was inhibited by unpaid government invoices after the Zimbabwe Revenue Authority (ZIMRA) charged the company penalties and interest amounting to $11 million for unpaid taxes, which related to the outstanding bills. Chipo Mtasa, TelOne’s managing director, told the Parliamentary Portfolio Committee on ICT in December last year that the company was…

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