Zambia: Zambia Revenue closes Post Newspapers

Lusaka, Zambia (PANA) - The Zambia Revenue Authority (ZRA) on Tuesday evening closed the independent Post Newspapers in a bid to recover millions of outstanding tax obligations.

The State-run Zambia National Broadcasting Corporation (ZNBC) reported Tuesday evening that ZRA officials who arrived at the Post Newspapers offices on Bwinjimufu road, in the capital, Lusaka, at 17:00 hours local time only came out around 19:20 hours with Post Newspapers Proprietor Fred Mmembe.

ZRA officials declined to comment, while Mmembe told journalists to ask President Edgar Lungu, saying he is head of state and in-charge of the revenue body.

But Post Newspapers Managing Editor Joan Ngoma said Post Management presented a court injunction to ZRA officials who declined to honour it.

The Post newspaper is said to be owing about K53 million tax debt. (1USD=K10)

Ngoma explained Tuesday that the Post contested the said tax obligation because it is higher than the actual figure, and that management has since submitted the issue with its tax advisors.
-0- PANA MM/VAO 21June2016

21 june 2016 20:46:00

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