Monday, December 22, 2008

Global financial crisis to affect Zambia's revenue

Special Report:Global Financial Crisis

LUSAKA, Dec 22 (Chinese media) -- Zambia Revenue Authority (ZRA) Commissioner General Chriticles Mwansa said the global financial crisis and the plummeting commodity prices on the international market would negatively affect the revenue take for the year 2009,Zambia News and Information Services (ZANIS) reported on Monday.

Mwansa, therefore, urged all ZRA members of staff to be proactive and work harder to ensure the organization performs as expected amidst the global financial crisis.

He said this in a speech read for him by medium tax payer organization assistant director Shadreck Kachusha during the end of year party in Solwezi at the weekend.

Mwansa commended ZRA staff for having exceeded the parliamentary target for the year 2008 despite facing the challenge of unsatisfactory performance of the domestic Value Added Tax (VAT) during the year, according to ZANIS.

He said, in a quest to respond to the challenges of the 21st century, the organization shall consolidate the gains made so far and provide a better tomorrow for the country.

Mwansa added that ZRA is committed to improving the workplace atmosphere through the provision of the necessary tools and an improved work environment, adding that a corporate office is to be built in line with the development taking place in the district.

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