Buy Zimbabwe hails Government over new import regulations

by | Apr 8, 2021 | Business, Local News | 0 comments

Brian Rungano Temba

Local industry lobby group, Buy Zimbabwe Campaign has hailed the Government for protecting local industry through its latest import policy.

Government of Zimbabwe, through statutory instrument SI89 which was gazetted on April 2 2021, requires importers to have a Special Import Licence in order to import sugar and cement into the country.

These commodities formerly required one to have an Open General Import Licence issued by Ministry of Industry and Commerce.

“The statutory instrument was gazetted at a time when the cement and sugar companies have ramped up production and created more than adequate capacity to meet local demand and even export requirements.

“The introduction of SI89 will not only benefit the companies in these industries but will also benefit companies in the respective value chains thereby supporting the local content strategy which has been adopted by the government in line with the National Development Strategy 1 (NDS1),” read the press release by Buy Zimbabwe.

The Buy Zimbabwe Campaign is designed to unlock our country’s full potential and inspire economic growth and competitiveness of local brands. It runs with the objective of raising awareness and profile of home grown goods and services.

They also assist local companies in improving the quality of their products and services.

Buy Zimbabwe has also lobbied government to enact laws and policies that support local producers without negatively affecting consumer choice.
They connect local producers to retailers, consumers and other relevant stakeholders that include government and quasi-government institutions through award ceremonies where they identify leading local producers.

“To this end we will be hosting the Buy Zimbabwe 10th anniversary awards on the May 12 2021.
“The awards recognise excellence and resilience in Zimbabwean brands over the last 10 years,” further read the Buy Zimbabwe press release