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Zimra Revenues Fall As Company Executives Divert Earnings To Individual Accounts
THE Reserve Bank of Zimbabwe (RBZ) yesterday made shocking revelations that company executives were diverting earnings to individual accounts to dodge the tax collector. RBZ governor, John Mangudya’s remarks at the Confederation of Zimbabwe Industries (CZI) meeting to unveil the Manufacturing Sector Survey report for 2015 stunned guests, as it brought to the fore the cat-and-mouse games between companies battling to preserve scant earnings and the Zimbabwe Revenue Authority (ZIMRA) struggling to meet revenue targets….
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