Zambia Loses US$200 Million in Fuel Tax Relief Measures – Musokotwane

Minister of Finance and National Planning Situmbeko Musokotwane says Zambia has lost approximately US$200 million in revenue due to tax relief measures implemented on petroleum products. Dr Musokotwane explained that the loss stems from government’s decision to suspend excise duty and zero-rate Value Added Tax (VAT) on fuel, a move aimed at cushioning citizens and […]

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