The Zambia Revenue Authority -ZRA- has launched the electronic bond management system which will reengineer its operations from manual to automated services.
ZRA Acting Commissioner General ENERST SIGANDE says the newly launched system will address challenges encountered with the manual processes and manual customs bonds.
Mr. SIGANDE explains that the new system will also enable real time involvement of guarantors in the issuance and approval of bonds.
He adds that E-bond will eliminate human errors in updating information and disputes between ZRA and its guarantors.
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