The decision by the Government through the Ministry of Finance to put an end to the multi-currency system and de-dollarise under Statutory Instrument 142 of 2019, is a “welcome intervention”, FBC Holdings chief executive officer John Mushayavanhu has said.

Government has begun a process of simplifying its tax system while the Zimbabwe Revenue Authority (Zimra) continues to roll out operational reform strategies aimed at enhancing voluntary compliance and increasing domestic resource mobilisation, Finance and Economic Development Minister, Professor Mthuli Ncube, said yesterday.