Govt Tightens Screws On Imports: Goods In Transit Next Target
Published: 2016 May 16 04:10:39 (6320 Views)
Zimbabwe will soon introduce vehicle tracking devices at major border points to monitor movement of some trucks who falsely declare that they have goods in transit, yet they would be destined for the local market.
Speaking during a Zanu-PF extraordinary provincial coordination committee meeting at Mutare Polytechnic College yesterday, Finance and Economic Development Minister Patrick Chinamasa, who is also a Zanu-PF Politburo member, said they had come up with a priority list of imports that are of great importance to the country.
“We are continuously losing out money to bring cheap imports into the country. We are using a precious currency, which is the United States dollar. Its firming against regional currencies has brought a lot of challenges to us. Zimbabwe is now the most expensive country in terms of production. We are unable to export and every country now wants to export to us. This is resulting in the available money being mopped out of the country.
“All importations of cheap goods should stop. No to $1 for two items. We have realised that some trucks are making false declarations at our entry points. They lie that they have goods in transit to neighbouring countries, yet the goods will be destined for the local market. We will soon introduce tracking devices to monitor the truck movements. Imports of agricultural produce were banned, but you still find them flooding our local markets. The country is now self-sufficient to produce some of its basic agricultural produce, so why should we continue importing these goods?” he said.
Chinamasa allayed fears of the return of the Zimbabwean dollar and said that the currency will not be introduced in the near future.
- Herald
Speaking during a Zanu-PF extraordinary provincial coordination committee meeting at Mutare Polytechnic College yesterday, Finance and Economic Development Minister Patrick Chinamasa, who is also a Zanu-PF Politburo member, said they had come up with a priority list of imports that are of great importance to the country.
“We are continuously losing out money to bring cheap imports into the country. We are using a precious currency, which is the United States dollar. Its firming against regional currencies has brought a lot of challenges to us. Zimbabwe is now the most expensive country in terms of production. We are unable to export and every country now wants to export to us. This is resulting in the available money being mopped out of the country.
“All importations of cheap goods should stop. No to $1 for two items. We have realised that some trucks are making false declarations at our entry points. They lie that they have goods in transit to neighbouring countries, yet the goods will be destined for the local market. We will soon introduce tracking devices to monitor the truck movements. Imports of agricultural produce were banned, but you still find them flooding our local markets. The country is now self-sufficient to produce some of its basic agricultural produce, so why should we continue importing these goods?” he said.
Chinamasa allayed fears of the return of the Zimbabwean dollar and said that the currency will not be introduced in the near future.
- Herald
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