Zimra expects to collect US$3.7 billion in revenue this year

In an interview with the ZBC News on Tuesday, Zimbabwe Revenue Authority (Zimra) chairperson Willia Bonyongwe said that they expect to collect US$3.7 billion this year due to a tight monitoring system and improved compliance with tax principles by industry and commerce.

Said Bonyongwe:

While the increased revenue collections might mean an improvement in the general macro-economic conditions, the authority will, however, not relax in its quest to increase revenues.

Bonyongwe said that they are looking on making sure small to medium enterprises pay tax.

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