Angeline Vere

Business Briefs

Zimbabwean telecom companies say tax burden too heavy

MOBILE network operators in Zimbabwe are calling on the government to reduce their tax burden. IT Web cites Econet Wireless deputy executive officer Roy Chimanikire as saying that the firm currently pays a 5% health levy, 15% VAT, 25% corporate tax, 3% universal service fee and 2% IMT tax. In its financial year to end-February 2021 Econet paid ZWL12.2 billion (USD34 million) in…