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Zimbabwe to develop domestic sport through levy on bookmakers

19th December 2017 9:30 am GMT

The government of Zimbabwe has announced an ambitious plan to improve the country's sports and recreation infrastructure, which it will finance through a 5 per cent levy on bookmakers.

Under the 2018 budget proposal submitted by finance minister Patrick Chinimasa, bookmakers in Zimbabwe will be required to pay 5 per cent of their gross revenue to the government from January 1st, 2018.

The proceeds will be used to upgrade and develop community sports and recreation facilities across [...]

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