Zambian tax agency says collects $2.4 billion in H1 2018

LUSAKA (Reuters) – Zambia’s tax collection agency collected 23.2 billion kwacha ($2.4 billion)in the first half 2018, up 6.4 percent above target, it said on Thursday,

A man displays a 50,000 Kwacha note in Lusaka January 23, 2012. REUTERS/Mackson Wasamunu/File Photo

Zambia Revenue Authority (ZRA) said in a statement the performance was largely attributed to the strong outturn for domestic and import value added tax.

($1 = 9.8500 Zambian kwachas)

Reporting by Chris Mfula; Editing by Tiisetso Motsoeneng