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CZI lobbies for import restrictions return

by Staff reporter
12 Apr 2019 at 07:28hrs | Views
Industrial lobby group, Confederation of Zimbabwe Industries (CZI), says the Government needs to quickly revert to the policy of restricting entry of low priced imported products into Zimbabwe to quicken the pace of rebuilding the manufacturing sector through organic growth.

This comes after Government late last year suspended a piece of legislation that restricted the importation of basic commodities, which was meant to give local firms the space to grow production and retool.

CZI said controls imposed in 2016 saw local industry post huge strides in growing production.

The import controls created some trade frictions with South Africa, which claimed the measures violated regional trading block Sadc's trade protocols.

Source - Business Weekly