News
Jobs
About
Contact
Register
Login
Generate
WhatsApp Message
*Govt Makes It Mandatory For Exporters To Pay ZESA In Foreign Currency* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?fu The government has gazetted that exporters will have to pay ZESA in forex. This is part of new regulations Statutory Instrument 249 of 2019, titled Exchange Control (Payment for Electricity and Related Services in Foreign Currency by Exporters and Partial Exporters) Order, 2019. The money, according to the SI, will be used by ZESA to import electricity. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- According to reports partial exporters will be required to pay 35% of their bill in forex. The new regulations will remain in effect for 6 months and may be renewed by the government. The government started working on a plan to make exporters pay for their electricity using forex in July this year. The move was made after severe load shedding had commenced in May. More: The Herald image credit @Larrymoyo itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Feedback