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Zimbabwe clothing and textile industry targets 100pc growth by 2020

Related Keywords: addressing working capital constraints, eying hundred percent capacity utilization, government ban all second hand clothes, Recapitalisation, replace old machinery, ZCMA, Zimbabwe Clothing and textile manufacturers

Government last week announced several austerity measures meant to resuscitate the economy which include new levies and taxes on imported groceries, fertilizer and a ban on the importation of second-hand clothes. Following Government's directive to ban all second-hand clothes on the local market, Zimbabwe Clothing and textile manufacturers are eying 100 percent capacity utilization by 2020.

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