By SANDRA MACHIMA Zambia needs to establish an effective tracking and tracing system for easy monitoring and investigation of illicit tobacco trade, says Centre for Trade Policy and Development (CTPD) Legal Researcher Chileshe Mange. This she said should come with strong tax administration and improved corporate auditing to avoid losing revenue. Ms Mange said there had been revenue loss due to reduced domestic excise taxes and that the Zambia Revenue Authority (ZRA) needed to engage the tobacco industry to quantify the revenue and tax losses due to illicit tobacco trade. She argued that the information provided by international organisations could not be taken as given and should therefore be validated by local statistics. Ms Mange said according to reports, the government collected far more revenue from imported tobacco products at K904 million as compared to locally manufactured tobacco products at K177 million for 2013-2018. The major taxes imposed on domestically manufactured tobacco products in Zambia […]
Track illicit tobacco trade – CTPD
