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*Govt Collecting $80 Million Per Month Using Mthuli Ncube's 2% Tax* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?im Minister of Finance and Economic Development Professor Mthuli Ncube said Zimbabwe is collecting $80 million monthly from the 2 percent Intermediated Money Transfer Tax introduced in October last year. In an interview on the sidelines of a tour of Nestlé Zimbabwe on Monday, Minister Ncube said the proceeds of the tax would be directed towards social services and social infrastructure projects and devolution expected to cost $310 million. Said Ncube: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > We are averaging around $80 million a month in terms of collection because we gave quite a lot exemptions and we believe that at this level it’s okay and that will go a long way in supporting the social infrastructure and social services. We have said what we are targeting is education, health services and devolution — the cost of devolution is $310 million. More: Herald _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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