Treasury moves to choke off illicit financial flows
ROBIN PHIRI Treasury is set to unveil a series of measures aimed at accelerating the formalisation of informal businesses, warning that the country’s heavily cash-based shadow economy is fuelling tax evasion, smuggling, corruption, and illicit financial flows. The development was revealed by Finance, Economic Development and Investment Promotion Deputy Minister Kudakwashe Mnangagwa who spoke at…
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