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Vat hike on meat ‘tragic, draconian’

HARARE – Increasing value-added tax (Vat) on all meat products, including edible meat offals and cereals, is a draconian measure that will sharply hike the price of the basic commodities for hard-pressed consumers and slash consumption, rather than generate the extra income Zimbabwe is seeking, top economists warned yesterday. Finance minister Patrick Chinamasa on Wednesday…

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