Business / Companies
Zimra tightens screw on Flyafrica
17 Dec 2015 at 06:28hrs | Views
The Zimbabwe Revenue Authority (Zimra) on Tuesday issued a seven-day notice to Flyafrica to pay arrears amounting to $2 546 460,41, as problems mount for the grounded low cost carrier.
Flyafrica ceased operations on October 27 after its licence was revoked by the Civil Aviation Authority of Zimbabwe (CAAZ).
The notice by Zimra was issued to Nu-Aero (Pvt) Limited, trading as Flyafrica Zimbabwe, under which the airline conducts its Zimbabwean operations.
The arrears are over a three-year period.
Meanwhile, Zimbabwe high taxes and a cocktail of statutory levies are pushing investors away from the country's energy sector, Parliament has warned.
Parliamentary portfolio committee on Energy chairperson Nomsa Mhlanga on Tuesday said that mandatory levies being imposed by statutory bodies such as EMA had to be reduced or deferred.
Source - newsday
