HARARE’S $135M ZIMRA DEBT WRITTEN OFF

Government has written off $135 million owed to the
Zimbabwe Revenue Authority (Zimra) by Harare City Council as part of measures
to capacitate the local authority to deal with the current water crisis, an
official has said.

The debt comprised pen…

Government has written off $135 million owed to the Zimbabwe Revenue Authority (Zimra) by Harare City Council as part of measures to capacitate the local authority to deal with the current water crisis, an official has said. The debt comprised penalties and interest that council had accrued.The write-off comes after Treasury last week released $37, 4 million, including foreign currency,