News / Local
Government saved workers from retrenchment
01 May 2017 at 09:11hrs | Views
Industry and Commerce Minister Mike Bimha has bragged that the Zanu PF led government through Statutory Instrument 64 of 2016 which restricts certain imports saved thousands of workers from being retrenched.
According to Bimha, workers 'had every reason to celebrate' today's Workers Day.
"This year is much better than last year and there is every reason for workers to celebrate given what Government has done to grow the economy so as to create jobs and preserve existing ones.
"Many companies were closing or were about to close because of cheap imports. When we regulated it, it helped local producers to realise increased demand and market share.
" Several foreign companies that have been exporting their produce here had to come and set plants in the country thus creating thousands of jobs," Bimha told state controlled Herald.
Statutory Instrument 64 was promulgated last year whose effect was to restrict certain imports in order to protect local industry.
According to Bimha, workers 'had every reason to celebrate' today's Workers Day.
"This year is much better than last year and there is every reason for workers to celebrate given what Government has done to grow the economy so as to create jobs and preserve existing ones.
"Many companies were closing or were about to close because of cheap imports. When we regulated it, it helped local producers to realise increased demand and market share.
Statutory Instrument 64 was promulgated last year whose effect was to restrict certain imports in order to protect local industry.
Source - Herald
