The Zambia Revenue Authority (ZRA) is concerned with the low confidence levels shown in local technological solutions by Zambian industries.
ZRA Commissioner General Kingsley Chanda says most Zambian industries and ICT service Providers import technological solutions and other accessories at the cost of local job creation and Foreign exchange preservation.
Mr Chanda says his organization has an ICT budget of one hundred million Kwacha annually most of which goes to Foreign Service providers at the expense of local Electronic engineers.
The Commissioner says there’s need for Zambians to start developing and utilizing the capable human resource in universities to create technological solutions for use in local institutions.
Mr. CHANDA says this measure would create a pipeline for job creation for the skilled information and communication graduates apart from
creating the nation’s own intellectual property.
He was speaking during the signing of a memorandum of Understanding (MOU) between ZRA and the Copper belt university (CBU) in Kitwe on the development of a Local TAX administration system.
The program is aimed at developing solutions to enhance tax administration as well as reducing the cost of compliance by the tax payers.
And speaking at the same function CBU Acting Vice Chancellor Dr Shadreck Chama said the university will provide a system that will easily trigger tax audits to ensure proper management of revenue documents.
Dr Chama added that the MOU is a clear testimony of the confidence that the industry has in the unique strength and leadership that CBU has in ICT development, education and research.
During the signing ceremony students took time to show case their various inventions on information and Communication technology (ICT).
Most of these products focused on the promotion of E business in the Small medium enterprise which is in line with the government policy on E commerce.
The students also demonstrated their skills in Electronic engineering