“Local firms ready for test”

Posted: October 11, 2011 in Uncategorized

Dr Ruth Labode

The re-introduction of duty on finished goods like footwear and blankets in Zimbabwe has caused a stir as most small to medium traders have been affected. The rationale behind the duty is to protect local manufacturers from unfair competition and try to give them breathing space within the local market.

Cheap Chinese products dominating the market are blamed for worsening the plummeting production levels of industries in the country. The Confederation of Zimbabwe Industries (CZI) welcomed the move with open arms saying locals would be deterred to cross the border to buy finished foreign goods.

For Dr Ruth Labode, president of the CZI Matebeleland chapter, it has to go with strengthening monitoring systems at Zimbabwe’s porous borders. As long there is rampant corruption in the entry points, Labode believes there is no reason for the local manufacturers to be hopeful.

Addressing the finance minister in Bulawayo, Labode said effective control of industries has to be implemented so that local manufacturers should be tested.

“Give us a chance and if we fail its all under your control, you can re-introduce the duty,” she said.


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