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Women drive Zimbabwe’s informal sector
Jackie Mbayiwa-Makuvatsine ·
THE Zimbabwe government sparked a storm when it announced plans to tax informal traders through the Zimbabwe Revenue Authority (Zimra).
It is estimated that at least $7,4 billion is circulating in the informal economy and the government has made a deliberate move to formalise operations in that market in fulfilment of the Zimbabwe Agenda for Sustainable Socio-Economic Transformation provisions.
On April 3 2014, Small and Medium Enterprise and Co-operative Development minister Sithembiso Nyoni said the country was losing substantial amounts of money from this untapped sector.
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