$11m ZIMRA penalties weigh down TelOne

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…

Subscribe to read full article. Subscribe today

Related posts

ICT, consumer stocks drive markets growth

Natfoods cries foul over rampant smuggling

Tanganda revamps coffee production

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More