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Zimbabwe textile industry operating below capacity in first half of the year

Related Keywords: cheap import of textile products, gazetter Statutory instruments, increase customs duty, local textile industry, operating below capacity, Poly-knitted fabric, Sadc and Common Market for Southern Africa, Zimbabwe governemnt, Zimbabwe Textile Manufacturers Association

Zimbabwe government is yet to gazette Statutory Instruments (Sis) discouraging cheap imports of textile products into the country due to which the local textile industry has been operating at below 30% of capacity in the first-half of the year, said Zimbabwe Textile Manufacturers’ Association (ZTMA) secretary-general Raymond Huni

The government is in the process of gazetting the SIs enforcing the rebates introduced by the Finance minister (Patrick Chinamasa). They hope that the SI would be gazetted in two weeks’ time and it’s only after that they will start realizing some changes.

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