New tax depresses Truworths

TRUWORTHS Zimbabwe says its financial performance for the half year ended January 6, 2019 was dampened by the introduction of a two percent tax on electronic transactions. Its trading expenses increased significantly during the period under review due to the new levy. Finance minister Mthuli Ncube in October last year announced an intermediated money transfer…

Subscribe to read full article. Subscribe today

Related posts

Liquidity problems rattle local stocks

First Capital assets double on forex holdings

OK Zimbabwe wants ‘fully’ liberalised exchange rate

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