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‘VAT deferment to lift energy investments’

President of the Zimbabwe Building Contractors Association, Tinashe Manzungu

THE construction industry has welcomed the government’s efforts to stimulate investment in the energy sector through the introduction of Value Added Tax (VAT) deferment on capital equipment imported into the country. Zimbabwe has been facing extensive load shedding due to a shortage of power supply for both industrial and residential use.This has led to reduced…

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