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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.

Delays in announcing new policy tool can put Zimbabwe clothing manufacturers in jeopardy

Related Keywords: chenille fabrics, cotton sewing thread, import duty free clothes, National Union of the Clothing Industry, net fabrics, new policy instrument, sewing thread of man-made staple fibres, textile material, tulles, woven fabrics of polyester staple fibres, Zimbabwe clothing sector

The Zimbabwe clothing sector is already on its knees further delay from the government in announcing a new policy instrument to clothing manufacturers to import duty free clothes and textile material can put the feasibility of the sector in jeopardy.

The Ministry of Finance and Economic Development should not delay to issue the clothing manufacturers rebate, said Joseph Tanyanyiwa, secretary-general of the National Union of the Clothing Industry.

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