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*2% Tax To Raise US$600 Million In 2019 - Mthuli Ncube* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?kt The government has revealed to the International Monetary Fund (IMF) that the two per cent electronic transaction tax will realise over US$600 million this year. This was outlined by Finance and Economic Development Minister Mthuli Ncube in the government progress report on economic reforms submitted to the IMF. ---------- *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 ---------- The two per cent tax was introduced in October 2018 as the government sought to widen its revenue base. It is one of the most unpopular among a raft of austerity measures introduced by the government. In November 2018, US$52.5 million was raised in November while US$103.8 million was raised in December, giving a total of US$166.2 million for 2018. *Related:* *US$113 Million Revenue Surplus Achieved By Overtaxing Poor Citizens – Economist* *More: ZBC News* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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