British firm in tax 'avoidance' scandal

NDOLA: ActionAid has called for national and international action to end tax avoidance following revelations that a British subsidiary company - Zambia Sugar - has been diverting its financial resources to circumvent tax.

ActionAid, a global movement which aims at fighting poverty and enhancing human rights, has called for the fight against 21st Robin Hoods who have ways of robbing the poor to line the pockets of the rich.The watchdog says that Zambia Sugar, Africa's largest sugar factory, has sought legal ways of avoiding paying more in terms of taxes. "It has found legal ways to avoid taxes on both profits and cross-border payments moving over K 62 billion [K 62 million rebased] a year via Mauritius, Ireland and the Netherlands," says the ActionAid report. Dubbed 'Sweet for Nothings', the report was recently published in the privately-owned Post newspaper, showing a digital image of pupils seated on the floor at Ndeke Basic School.

The picture from Panos depicts an overcrowded classroom in which some of the pupils are shown writing whilst leaning against a wall that has not been plastered."The losses from this single company [Zambia Sugar] could put an extra 48,000 children in school every year. The revenue losses to tax havens are 10 times bigger than the amount of foreign aid Zambia receives from the UK government for education each year," ActionAid has charged.

Editor's Comment
A call for collaboration in Botswana’s media landscape

This call is both timely and crucial, as it reflects a growing need for unity and collaboration amongst media bodies to address pressing issues facing the nation.The theme of this year’s Press Freedom Day, “A Press for the Planet: Journalism in the Face of the Environmental Crisis,” resonates deeply with Batswana, particularly in light of the ongoing human and wildlife conflict. Botswana’s rich wildlife population is not only a national...

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