Home / Knowledge / News / Apparel/Garments / Zimbabwe garment makers warn against import duty-cut
Zimbabwe garment makers warn against import duty-cut
02
Feb '12
Zimbabwe garment and textile producers have turned down Finance Minister Tendai Biti's proposal to reduce import duty on fabrics and garments. They have forewarned that reducing import duty would harm the domestic garment and textile industry.

Last week, the Finance Minister had declared that the Government would cut the duty on import of garments and textiles, following concerns raised by local clothing and textile importers over the increase in duty implemented from January 1 this year, adhering to the 2012 Budget.

The Minister, in his US$ 4 billion National Budget Statement for 2012, retained the duty on some particular import items, and raised the duty on textile and clothing items' imports from 40 percent +US$ 1 per kg to 40 percent + US$ 3 per kg.

The duty on textiles and clothing was raised following apprehensions that cheap imports risked the subsistence of the country's garment and textile industry, which is struggling to overcome the impact of economic instability for over a decade.

However, those trading in imported textiles and clothing strongly protested this saying that increase in duty has made imports more costly.

The Secretary General of the clothing sector's National Employment Council (NEC), Mr. Justice Mashinti said a cut in import duty at this juncture could result in closure of more firms in the country's garment and textile industry.

He said the Minister raised the duty in view of demands of the textile and clothing producers. There are no positive results so far and the industry is still at risk and the firms were scaling down their operations, which has resulted in a drop in number of employees from 25,000 prior to 2009, to 6,000 now.

Mr. Mashinti said the Minister's decision to hike the duty followed strong lobbying by garment manufacturers, and the domestic industry needs to be shielded against low-cost imports, as influx of these goods still continues, and is badly distorting the country's business sphere. Also, it is adversely affecting the re-capitalization efforts, he added.

Fibre2fashion News Desk - India


Must ReadView All

India’s e-commerce policy framework in 6 months: official

Apparel/Garments | On 26th Apr 2018

India’s e-commerce policy framework in 6 months: official

In the next six months, India will come out with a framework for a...

MSME secretary Arun Kumar Panda presenting 'friend of India' plaque to a delegate from Malawi at the first International SME Convention. Courtesy: PIB

Apparel/Garments | On 26th Apr 2018

India to set up Digital Trade Desk for SME collaboration

India’s ministry of micro, small and medium enterprises (MSMEs) has...

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

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


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search