Monday, February 26, 2024

ZRA projects reduced revenue collections

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Topsy Sikalinda taking question from journalists during the press conference

The Zambia Revenue Authority has projected reduced revenue collections in the aftermath of Cyclone Idai which has killed hundreds of people and displaced hundreds of others in Mozambique, Mozambique and Malawi.

ZRA Corporate Affairs Manager Topsy Sikalinda said Zambia being a landlocked country receives significant volumes of imports through Beira in Mozambique and other seaports in southern Africa

Mr. Sikalinda said the impact of the cyclone has left customs ports of entry into Zambia at low operational levels due to reduced traffic flow with Chanida and Chirundu being the most affected.

He said the cyclone has caused disruptions to the international supply chain for most businesses and industries leading low revenue projections from trade taxes.

Mr. Sikalinda said the Cyclone Idai has left some infrastructural damage in the neighboring countries with some roads being closed during the period. While at sea, various ship vessels were diverted or delayed due to bad weather.

He said with Mozambique having had the worst impact, neighboring countries Malawi and Zimbabwe experienced heavy rainfall, flooding and damage caused by high wind speed. Madagascar also experienced bouts of heavy rainfall during the storm’s pathway to Beira.

Mr. Sikalinda said most of the goods that come to Zambia through these routes include fuel, mining machinery, hardware, groceries and foodstuff that are destined for Zambia and Democratic Republic of Congo.

He said the Authority is urging traders and transporters to consider using alternative routes into Zambia during this period.

7 COMMENTS

  1. UPND need disclose who will be their ZRA commissioner so we can advise her.
    And she better start commenting on wasted revenues going on.

  2. Oh boy this means we the tax payers are going to drown in higher taxes to try and make up for this. I could cry.

  3. Meanwhile lack of leadership and foresight has resulted in Zambia’s failure to pay contractor, Kazungula Bridge project could fail – Botswana Parliament told
    The Parliament of Botswana has been told that the Kazungula Bridge project linking Botswana and Zambia has been adversely affected by cash flow difficulties emanating from the contractor not being timely and regularly paid by the employer.
    The minister of Transport and Communication, Dorcas Makgato explained that the employer in this regard is the partnership of governments of Botswana and Zambia.

  4. REDUCE VEHICLE DUTY ON IMPORTED CARS MEANS MORE IMPORTED CARS, CREATE EMPLOYMENT FOR DRIVERS, INCREASED FUEL TAX COLLECTION, TOLL GATES, RATSA, IMPROVED PIPOS LIVES

  5. You are just interested and concerned about revenue collection. You do not care about assisting your neighbouring countries who are badly affected by the cyclone. STOP COMPLAINING ABOUT LOSS OF REVENUE, YOU ARE INDIRECTLY INSULTING THOSE AFFECTED.

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