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*Govt urged to scrap 5% POS fee to make electronic money more attractive* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?fk The government has been urged to promote electronic money and make it more attractive for users by scrapping the 5 percent Point Of Sale Tax. Confederation of Zimbabwe Retailers (CZR) president Mr Denford Mutashu in an interview said: > It has been our clarion call to the regulator, the Reserve Bank of Zimbabwe (RBZ) and the Ministry of Finance and Economic Development to reduce the cost of POS transacting and we appeal for the scrapping of five percent tax on POS transactions > We need more pull factors towards plastic and mobile money. Even telecommunications companies should come to the party because mobile money charges are too high and at times it is just that the public has no better alternative, More: Chronicle ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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