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Zimbabwe govt grants 1 year rebate to clothing and textile industry

Related Keywords: cheap imports, cotton sewing thread, denim, locally manufactured clothing uncompetive, plain weave, sewing thread of man-made staple fibres, textile material duty free, Zimbabwe govt, Zimbabwean clothing and textile sector

At the time when Zimbabwean clothing sector is facing stiff competition from cheap imports that have flooded the market, making locally manufactured clothing uncompetitive. The government has granted a one-year rebate to the clothing and textile industry which will allow 52 manufacturers to import textile materials duty-free.

Rebate is an amount paid by way of reduction, return, or refund on what has already been paid or contributed.

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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