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Zim loses US$30m to smuggled washing powder
Amos Batisayi ·
Zimbabwe is losing approximately US$30 million a year through the smuggling of Maq washing powder, a report by the Detergents Manufacturers Association (DMA) claims.
About US$12 million is foregone annually through tax evasion while US$18 million is externalised to purchase the product before it is smuggled through Zimbabwe’s porous borders, the association said.
“It can be calculated that the government is losing approximately US$30 million a year just through the smuggling of a single product into Zimbabwe, Maq washing powder, as US$12 million is foregone annually through evaded taxes and US$18 million is externalised out of Zimbabwe to purchase the smuggled product from South Africa,” a recent DMA report read.
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