Chinamasa seeks informal sector tax

Under-pressure Finance and Economic Development Minister, Patrick Chinamasa, says government is desperate to force the country's informal sector to pay tax, as revenues continue to shrink due to a worsening economy.

Chinamasa last week, said the economy had become so informalised that it was now difficult to collect tax. He said he had consulted his counterparts in Rwanda and Ethiopia which have done well in collecting revenue from the informal sector.

Chinamasa said with the international community not keen on giving budgetary support to Zimbabwe, the country has to innovate around local sources to fund government expenditure.

He said it was important for both companies and individuals to cultivate a culture of tax payment.