Approach to formalisation should be more pragmatic

Finance Minister, Mthuli Ncube

THE Zimbabwean government’s latest crackdown on the informal economy is both misguided and impractical.While the Ministry of Finance’s measures, including mandatory point-of-sale (POS) machine use and restricting manufacturers from selling directly to informal traders, are ostensibly aimed at increasing tax compliance and formalisation, they fail to address the root causes of informalisation.Instead of forcing businesses…

Subscribe to read full article. Subscribe today

Related posts

It’s now back to business basics

Youth representation in the boardroom

Glytime invests US$6 million in Sunway City SEZ plant

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