Dollarised Taxes must be used to pay Civil Servants

Source: Dollarised Taxes must be used to pay Civil – The Zimbabwean

Mthuli Ncube has effectively dollarised government’s revenue collection. He devalued people’s deposits by separating FCA NOSTRO from RTGS making a clear demarcation of local and forex.

Mthuli Ncube

The government has also introduced several taxes in foreign currency including duty on cars and that companies must remit taxes in the currency of sale.

Considering most companies are providing services or selling goods in US dollars it effectively means government has enough leg room to fund the social agenda and pay civil servants in US Dollars.

Government also controls exports, withholding the forex earned while giving exporters some insulting percentage.

Mthuli Ncube must do the honourable thing and hear the demands of civil servants and ensure schools function and doctors return to work.

Government must stop using forex to finance lifestyles for elites.

Behold the New. Change that delivers!

Jacob Mafume
MDC National Spokesperson