@TendaiDara So does this mean that Delta was collecting input tax from customers in USD and then paying ZWL and pocketing forex instead of forwarding to Zimra in currency of collection.
@tmukogo The numbers are not making much sense , reporting currency is in Usd so where is the exchange gain coming from here. I would expect the exchange gains or loses if the numbers were in ZIG more so revaluation of liabilities would result in exchange losses not gain
@SagaRemunzwa ZWG lost value by 43% not the 74% that u have calculated .Remember a currency cannot lose 100% of it's https://t.co/ncGriSn70k using your formula what would be the value lost if suppose the rate was to be say 30?