Countries such as Namibia, Lesotho, Malawi, and Zambia have a minimum list of zero rated and exempt products. Such countries charge VAT on products such as rice, fresh milk, fruits, eggs and meat products among others.
However, in our circumstances, following the debate that took place here and stakeholder representations, wherein concerns have been raised regarding potential informalisation due to perceived price increase, I propose to shelve the implementation of Statutory Instrument 20 of 2017 –[HON. MEMBERS: Hear, hear.]- Which levies VAT on potatoes, rice, margarine, maheu and meat products. This will allow for further consultation with relevant stakeholders and those consultations, I will start them with this august House. I need the august House to give me guidance. I must tax something to raise money to pay for service delivery, allowances, and wages. So, we need to have guidance so that we understand and agree on which items to tax. So, the consultations will start with this august House. I thank you
(195 VIEWS)
This post was last modified on February 8, 2017 2:30 pm
The answer is Yes and No. It depends on the size of the farm. Mines…
Zimbabwe has the best performing economy in the Southern African region this year beating regional…
The ZANU-PF national conference that was being held in Mutare has raised the tempo on…
Zimbabwe’s local currency the Zimbabwe Gold (ZiG) has become relatively extinct and largely irrelevant because…
Sleep is a vital restorative process with measurable effects on health and overall wellbeing but…
Zimbabwe has been ranked 129 out of the 139 most innovative countries in 2025, according…