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Home » IMTT cut buoys EcoCash revenue

IMTT cut buoys EcoCash revenue

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ECOCASH Holdings (EcoCash) witnessed significant growth in transaction volumes and values for the year ended February 28, 2023, following the intermediate money transfer tax (IMTT) reduction in January 2023. The IMTT was reduced to two percent from four percent and is currently at one percent, as it was slashed further. The group said 78 percent…

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