Local authorities have appealed to Government seeking exemption from the two percent Intermediated Money Transfer Tax. They say the tax is impacting negatively on effective use of road fund allocations from the Zimbabwe National Road Administration (Zinara).
During a meeting organised by Zinara in Bulawayo on Friday before a tour of the Bulawayo-Nkayi Road and Ingwingwizi Bridge in Bubi district by Transport and Infrastructural Development Minister, Engineer Joel Biggie Matiza, representatives of local authorities in Matabeleland North expressed concern over the two percent tax saying it was negatively impacting on the road funds received from Zinara.
Joel Biggie Matiza is a Zimbabwean politician and the Minister of Transport. Read More About Joel Biggie Matiza
The Zimbabwe National Road Administration (ZINARA) is a Zimbabwean government department under the Ministry of Transport and Infrastructural Development which is currently led by Joram Gumbo . Its key mandate is to ensure the maintenance of the country's roads including the major highways. Read More About Zimbabwe National Road Administration