THE Zambia Institute of Chartered Accountants (ZICA) says there is need to broaden the tax base in order to reduce pressure on the few companies in the formal sector. And ZICA says while debt restructuring means there’s some relief, that doesn’t mean the problem has gone away. Speaking when she featured on ZNBC’s Business Review, Wednesday, ZICA president Yande Siame-Mwenye said there was need to establish more manufacturing industries in the country. “The tax base definitely needs to be broadened. We need to look at other areas, more manufacturing industries need to come into the country. We need more investment then that reduces pressure on the few organisations and companies that are in the formal sector. The other area is...

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