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Zim loses US$30m to smuggled washing powder in South Africa

Smuggling is a serious problem in South Africa, goods are being brought here from the neighboring countries and they are not paying tax duties which makes them cheaper than locally-manufactured products due evasion of duty and taxes.

Zimbabwe is losing nearly US$30 million a year from the smuggling of Maq washing powder to South Africa ,

“Smuggling is, therefore, not only a significant problem for the industry and the workforce, but also for the government and the economy as a significant amount of revenue is lost due to the evasion of duties and taxes because of the smuggling, ”Confederation of Zimbabwe Retailers president Denford Mutashu said

The Zimbabwean authority are calling for the Southern African Development Community structure to help to arrest this problem of smuggling. It hurt the government, it robs it from taxi. Maq washing powder is mostly sold in the border town of Musina.

This cheap washing power from Zimbabwe is destroying the local economy. They call for the arrest of all shops and markets selling smuggled goods

https://www.newsday.co.zw/2021/10/zim-loses-us30m-to-smuggled-washing-powder/

Content created and supplied by: Manamela (via Opera News )

Confederation of Zimbabwe Retailers Denford Mutashu South Africa US$30 Zimbabwe

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