Government reduces VAT on meat products

The ruling Zanu PF party on Wednesday lauded the Government for removing Value Added Tax (VAT) on all meat products, saying this would benefit low-income families.

In a statement, Farai Marapira, the party’s director of information, said greater access to affordable meat would improve the public’s diet and overall health.

“The Ministry of Finance Permanent Secretary George Guvamatanga, in a plenary has announced the removal of Value-Added Tax (VAT) on beef, pork and poultry products to enhance food accessibility and nutritional intake.

“This significant policy shift offers several benefits. By lowering retail prices, these nutritious foods become more accessible, especially for low-income families,” said Marapira.

He said increased demand for meat would also stimulate the agriculture sector, and help in creating jobs.

Marapira said the move would also help combat malnutrition and food insecurity in general.

“The reduction in prices may also boost consumption and sales in the meat market, promoting healthier food choices over less nutritious alternatives.
“Overall, this initiative demonstrates the Government’s commitment to improving living standards and fosters a healthier population while supporting the local economy,” said Marapira.

New Ziana

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