Home News 2 % Tax Contributes Towards Cyclone Idai Relief.

2 % Tax Contributes Towards Cyclone Idai Relief.

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Ministry of Finance and Economic Development has released $50 million from the 2% tax levied on electronic transactions for emergency and infrastructure restoration following the damage caused by Cyclone Idai-induced floods in Eastern and Southern Zimbabwe.

According to the Finance Minister Mthuli Ncube, the funds have been allocated to the Civil Protection Unit, Department of Roads and Education among other sectors.

“The funds will go towards Cyclone Idai rescue efforts and rehabilitation of affected citizens as well as restoration of rural feeder roads and other structures.

“The funds have been allocated to the Civil Protection Unit, the Department of roads, Education, Health, Water and Sanitation and Electricity.

“ We applaud the efforts of Zimbabwe citizens, companies, civic organizations, international partners in our collective effort and showing unwavering support to our fellow citizens suffering fromthe devastating force of Cyclone Idai,” said Ncube.

The Ministry of Information Media and Broadcasting Services gave a breakdown of the use of the funds on their twitter handle, the Minmstry said “Treasury is disbursing $50M for Emergency and Infrastructure Restoration. CPU – $3M Roads Department- Trunk Roads and damaged bridges $25M Restoration of rural feeder roads & other structures $7.2M Education – $4M Health -$3M Water and Sanitation – $4.8 Electricity- $1M.”

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Meanwhile, the Zimbabwe Consolidated Diamond Company has availed a helicopter, two tipper trucks, two-wheel dozers, one compactor, and one low bed from their Chiadzwa operations for the cyclone emergency effort.

The government has announced that 98 people have died while over 200 others are still missing since Friday night when floods hit Manicaland districts of Chimanimani and Chipinge.



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