Africa Business Radio

A Civil Society Organisations grouping has demanded the urgent introduction of wealth tax to facilitate the trickledown effect of financial resources to the country in a bid to reduce the alarming poverty levels. The Zimbabwe Fight Inequality Alliance's spokesperson, Janet Zhou declared a week of action, piling pressure on the government to introduce a tax for the country's wealthiest. Zhou says the abolishment of unjust and harmful tax incentives to multinational corporations is a long overdue outcome of a stakeholder consultative process. Zhou stressed that it is time the government introduced a Covid19 Windfall Tax for corporates and individuals who have made phenomenal profits since 2020 to fund a just and equitable response to Covid19 induced poverty and suffering.