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Zambia: Govt Tackles Fuel Transit Fraud with Bold New Import Duty Proposal – Africa Links 24

Zambia: Govt Tackles Fuel Transit Fraud with Bold New Import Duty Proposal – Africa Links 24

Rédaction Africa Links 24 with Zimeye
Published on 2024-07-29 08:00:00

Govt Tackles Fuel Transit Fraud with Bold New Import Duty Proposal

By A Correspondent| Finance Minister Mthuli Ncube is shaking up fuel transit protocols with a groundbreaking proposal: a temporary import duty on fuel in transit to neighboring countries, aimed at combating rampant fraud.

In a mid-term budget statement delivered to parliament on Thursday, Ncube highlighted the shortcomings of the current electronic cargo tracking system. Introduced by ZIMRA in 2017, this system, which…

Read the full article on The Zimbabwe Eye

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