Zimbabwe: Civil society group probes tax regime

The African Forum and Network on Debt and Development (Afrodad) is undertaking research to critically evaluate Zimbabwe’s tax system to determine its role and impact on the development agenda. The move comes against the backdrop of reports that the country is losing billions of United States dollars in corporate tax through evasion and externalisation as institutions seek to evade a punitive tax regime. The Washington-based Global Financial Integrity revealed in February this year that Zimbabwe was among the world’s top five countries with the largest tax revenue losses as a percentage of total government revenue at 21,5 percent.