Fiscal changes milk Dairibord

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LISTED milk products processor, Dairibord Zimbabwe’s business performance for the six months to June 30, 2024 was adversely affected by several fiscal changes introduced at the beginning of the year which affected some of its key product offerings.

The group was mainly affected by the introduction of the sugar tax at US$0,001 per gram, the standard rating of Maheu and the value-added tax on milk powders among others.

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