Mon, 24 Apr 2017 13:41:24 +0000 By Chintu Malambo THE private sector was already overburdened with taxes and other statutory contributions to the extent that any additional costs to be introduced such as those intended by the ministry would suffocate the private sector, says Zambia Federation of Employers vice president Stephen Sikombe. And Mr Sikombe observed that the Ministry of Labor was the least funded while the treasury was in a deficit and unable to increase funding to government ministries above last year’s level of funding. He said that it was important that the Government through the Ministry of Labour and Social Security to remember that the private sector had also been operating in the same hard economy and faced the same effects faced by Government in the past two years and any additional taxes would make the cost of doing business difficult. “We would like to remind the Government through the Ministry of […]
ADDITIONAL TAXES TO SUFFOCATE PRIVATE SECTOR-ZFE
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