FINANCE minister Tendai Biti has revealed government was losing at least US$1 million to police corruption at roadblocks while the Zimbabwe Revenue Authority (Zimra) collects between 4% and 5% of import revenue. Biti told parliament this week that according to rough calculations by his ministry’s budget committee, police corruption in Bulawayo cost national treasury about R500 000 and US$700 000 in Harare alone.
“As (the) Ministry of Finance, we said let us increase revenue mobilisation; let us tighten up, but look at what is happening at Zimra,” said Biti. “It’s a culpable situation where we are only collecting 4% to 5% of our import revenue.”
In his mid-term fiscal policy statement last week, Biti accused several departments, including police, immigration and registrar-general, of not remitting collected taxes and revenue to Treasury’s Consolidated Revenue Fund as prescribed by the constitution and Public Finance Management Act.