Philemon Jambaya
Zim Now Editor
The Zimbabwe Revenue Authority has taken a significant step towards modernizing its revenue collection processes with the launch of a new electronic tariff system. This innovative system aims to increase efficiency, reduce leakages, and bolster the country's revenue generation capabilities.
The introduction of the e-tariff system aligns with the government's 2025 National Budget, which outlined a series of revenue enhancement measures to finance crucial development initiatives. Deputy Minister of Finance, Economic Development, and Investment Promotion, Honorable David Kudakwashe Mnangagwa, commended ZIMRA's proactive approach in implementing this cutting-edge technology.
“ZIMRA plays a pivotal role in achieving our developmental goals, and its revenue collection systems must be robust to ensure optimal revenue generation,” said Deputy Minister Mnangagwa. “The e-tariff system represents a significant milestone in creating a modern and efficient tax collection system.”
The e-tariff system is expected to significantly enhance revenue collection by streamlining processes and minimizing errors. By adopting international best practices, ZIMRA aims to address the challenges posed by revenue leakages, a common issue faced by many African countries. The World Trade Organization estimates that African governments lose approximately 10% of their potential revenue due to gaps in their tax and revenue collection systems.
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