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Zimbabwe's textile industry warns of closure due to delay in extending rebate

Related Keywords: clothing manufacturers rebate, clothing manufacturing companies, clothing manufacturing sector of Zimbabwe, Finance Minister of Zimbabwe, import duty in Zimbabwe, National Union of the Clothing Industry, textile industry of Zimbabwe

The textile industry of Zimbabwe urged the government to extend the clothing manufacturers rebate by another 12 months.

Industry officials have also warned that if the government delays this extension, then the textile industry will soon shut down.

During 2015 budget statement, Patrick Chinamasa, Finance Minister of Zimbabwe, extended clothing manufacturers’ rebate facility by 12 months in order to help capacitate the sector.

Industry officials say that the sector needs the facility to be extended again by a similar period.

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