Mahere Urges Mthuli To Avoid New Taxes, Present Budget In USD
4 months agoThu, 28 Nov 2024 12:11:50 GMT
Former Member of Parliament for Mt Pleasant, Fadzayi Mahere (CCC), has urged the Minister of Finance, Economic Development, and Investment Promotion, Mthuli Ncube, to present the 2025 National Budget in US dollars instead of the ZiG currency, which is prone to depreciation.
Ncube is expected to announce the budget this Thursday, November 28, at the New Parliament in Mt Hampden.
Mahere also advised Ncube to avoid introducing new taxes. Instead, she suggested reducing or removing VAT on small businesses, the 2% tax on banking transactions, the sugar tax, and import duties on basic goods. Said Mahere:
- BUDGET WARNING: Today Mthuli Ncube will make his 2025 Budget Statement. The biggest mistake he can make would be to announce tax increases on an already shrinking tax base. Instead, he should do the following:
- Announce tax incentives (especially for corporations) to encourage compliance;
- Reduce the corporate tax rate remove the unnecessary VAT on small businesses to stimulate productivity;
- Find ways to widen the tax base as opposed to squeezing the few who pay tax;
- Reduce toll fees and fuel levies to reduce the overall cost of goods;
- Remove or reduce the 2% tax on banking transactions to reduce the overall cost of doing business;
- Remove the sugar tax;
- Remove or reduce the ridiculous property tax;
- Remove import duty on basic goods to decrease the overall cost of living;
- Remove obstacles on trade between manufacturers and retail suppliers;
- State the budget in realistic USD figures so that it’s not a circus of announcing meaningless figures that are certain to devalue and which will in most instances never be disbursed.
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21 Comments
Xx · 4 months ago
Wakatizireyi ku Parliament,ndo kwazvinotaurwa zvauri kutaura izvi kumbira sorry Kuna Tshabangu pamwe anokuitira plan ukadzokera
Anonymous · 4 months ago
Mthuli should include estimated looted funds in the taxable bracket....
Pombi yadonha · 4 months ago
Haaaaa mutuvi ma1 chaiwo, fundraising in progress in preparation of the incoming elections kkkkkkkkkk pa2 cents dzako wobatirwa 1 and half cents kkkkkkkk
SINGLEMAN · 4 months ago
zvatanga
Dhadza · 4 months ago
Tipei zvamurikurongera vanhu kuti vagare zvakanaka.panekuswera kutipa zvirikuitwa nevamwe.tipe budget yeccc tione.
Dambudzo · 4 months ago
Step iyo inoda uchigona basa
fɍɇɇłȺnȼɇ ȼøɍɍᵾøŧɨȼɨȺn · 4 months ago
muthuli minister of taxes
city of Harare · 4 months ago
kwedu kuita budget or kusaita vashandi vedu tovaonesa hora
🧐 🤔 🤨 🤪 · 4 months ago
Pandiri hangu naturally I don't enjoy the tone ina Mthuli. He does not speak like someone with a voice of someone who who meant all that he says, and does not foster policies
We need people like Amon Murwira Gideon Gono, Emmanuel Makandiwa Nathan Shamuyarira, RGMugabe those are the people with voices that have authority, even aka hwetsura you feel the impact of authority there are good pastors too Eubert Angels has authority in his voice ndozvinoda ministry dze mari kuitira kuve ne sanity chaiyo,.. 🤷♂️ I Hamenowo hero jira kufhuka kana kuwarira
shurushuru · 4 months ago
fadzai huchi
Football Mafioso · 4 months ago
mahere Ka nice hakona ndinenge ndichida kukadya nemabhonzo plus salad katori Ka 3 course meal Ka midheki kwakanaka akoooooo
Jah🇿🇼Tsvarie-07 · 4 months ago
Taxes have become our industry coz government has nowhere to get money...
Ngwere · 4 months ago
positive mindset tinoenda kure kwete mato4 ayo
🌄🧱🍓🍌💞🍒🏆🍑🌽🍕👙 · 4 months ago
she's thinking positive.
Botha · 4 months ago
Ichokwadi vakuru vanoti KUKANYA HURANGANA Mahere ataura zvinoita kuti nyika iende mberi
Patz · 4 months ago
Mahere kanenge kanopengawo futi. Ko izvi anoudza Mthuli musi webudget presentation wacho anoti pane chichachinja here. Akaregererei kumudza paiitwa mabudget consultation acho. Her comments are not in good faith. Apa akatiza muParly dai akutaura zvaari kutaura during budget review. She is just a motormouth
Tendai · 4 months ago
Iwe ndiwe urikuratidza kupenga manje. Imbonoona chiremba wezvepfungwa.
mboko · 4 months ago
You are also free to air yout
Patz · 4 months ago
@Tendai
Even iwe ukutopenga kwete kutaridza. Sei usina kupa reason yekuti sei ndirikutaridza kupenga
