Ecocash agents were shocked to find 10% deducted from their accounts. Some said this was the first time this was happening and accused Ecocash of stealing from them.
Below are messages some of the agents received.
We reached out to Ecocash and this is what they had to say.
Here’s the position:
Agents have always been levied (taxed) a 10% withholding tax, unless they submit a tax clearance certificate.
We pass on the tax to ZIMRA. Those who submit a tax clearance certificate to us take care of their taxes directly with the Zimbabwe Revenue Authority.
However some agents were claiming that they had the tax clearance certificates.
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Are you an Ecocash Agent? Has this happened to you too?
EcoCash is a mobile money transfer facility which is run by Econet Wireless Zimbabwe. The facility has grown in leaps and bounds since its inception and is arguably the largest mobile money transfer agent considering the huge sums of transactions that the platform is said... Read More About EcoCash
The Zimbabwe Revenue Authority is a government department which is responsible for the collection of state revenue in form of excise duty, customs duty, road tolls, corporate and civil taxes. In addition, it also facilitates trade, offers fiscal advise to the government as well as... Read More About ZIMRA
The Zimbabwe Revenue Authority is a government department which is responsible for the collection of state revenue in form of excise duty, customs duty, road tolls, corporate and civil taxes. In addition, it also facilitates trade, offers fiscal advise to the government as well as... Read More About Zimbabwe Revenue Authority
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