Govt bans second hand clothes imports

Government has banned with immediate effect second hand clothes imports a move that directly affects flee market operators.

Many people had resorted to buy cheap second hand underwear at the second hand markets.

In 2011, former Finance Minister Tendai Biti announced a ban on the importation of second hand underwear and many ladies were not happy with the move.

Below are the highlights:

Government bans importation of second hand clothing and shoes

Salary arrears at government parastatals - NRZ $140,1mln, Air Zimbabwe $136,4mln and GMB $20mln

Retrenchments expected as government wants to bring the wage bill to 40pct of expenditure Government costs currently at $2,07bn as government channels 83 cents of every dollar obtained to employment

Tourism sector to grow by 5 percent

H1 exports receipts grew 0.4pct to $1,3bn, imports up to 2pct to $3,1bn

Public and publicly guaranteed debt at $8,4bn as at June 2015

Capital expenditure at $31,4mln

Revenue projection revised to $3,6bn from $3,99bn. Expenditure revised from $4,1bn

Budget deficit seen at $400mln

Church taxes and tithes exempt from taxes