Zimbabwe President Robert Mugabe granted value added tax (VAT) exemptions to his wife Grace which deprived the state of about US$200,000 (R2,859,555) 05 January 2020162 views1 min read Source: timeslive.co.za Exemption Change of VAT rate on imports Budget proposals for the year 2020: Proposal to reduce standard VAT rate from 15% to 14.5%