Buy Zimbabwe push for 50% local imports

Buy Zimbabwe says there should be a policy compelling retailers to have local products constituting at least half of their stock to help in the resuscitation of the local manufacturing industry.

Speaking at the third edition of the Buy Zimbabwe Supply Chain Conference yesterday in Harare, Buy Zimbabwe chairperson, Oswell Binha said the country needs to invest where it has the greatest value.

Binha said they should have a minimum threshold of 50% and above of buying locally.

The major challenges affecting the economy remain unchanged, suggesting that little has been done to address such issues or the economy has approached a rock in terms of responding to domestic stimulation.