Home / Knowledge / News / Apparel/Garments / Zimbabwe to reduce import duty on garments
Zimbabwe to reduce import duty on garments
28
Jan '12
The Zimbabwean Government has decided to cut duty on import of clothes and textiles, Finance Minister Tendai Biti has said.

The duty on textile and clothing items was recently raised from 40 percent +US$1 per kg to 40 percent +US$3 per kg through the 2012 National Budget Statement presented late last year.

The Minister said the clothing and textile industry stakeholders have raised concerns over some of the tariff measures that the Government made effective from January 1 this year, adhering to the 2012 Budget.

He added that the Government would soon start discussions with stakeholders to revise the tariff and would soon make a formal announcement in this regard.

The new measures were implemented this year to cut down on imports, aid domestic production and to afford a level playing field to the textile industry in the country. However, local production falls short of satisfying domestic demand, the Minister said.

In 2011, Zimbabwe's total exports stood at US$ 3.67 billion, much below its imports of US$ 6.2 billion. Such high dependence on imports, the Minister said, cannot be sustained for long and hence measures need to be adopted to support growth of domestic production.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

India to be largest cotton producer in 2018-19: USDA

Textiles | On 22nd Jun 2018

India to be largest cotton producer in 2018-19: USDA

For the fourth consecutive season, India is expected to be the...

Organic Basics gets Polygiene help for advanced underwear

Apparel/Garments | On 22nd Jun 2018

Organic Basics gets Polygiene help for advanced underwear

Danish firm Organic Basics is working with Swedish company Polygiene, ...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search