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Broke Zimbabwe Government Hikes Vehicle Import Duty
THE Zimbabwe Revenue Authority (Zimra) has unilaterally increased import duty on second hand vehicles at all the country’s borders. Since Tuesday last week, duty for a range of vehicles increased by between $300 and $1,000. In June last year, Zimra also increased duty by the same margins. Revelations are that where an importer used to pay $1,920 duty for a Honda Fit (GD1) 2002 model, one now needs to fork out…
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