ZNCC worried over imports

ZNCC worried over imports
Published: 09 October 2013
Zimbabwe National Chamber of Commerce says there is a worrying increase in the number of cheap imported goods which are about to expire that have rendered local goods uncompetitive.

ZNCC vice president Mr Davison Norupiri said the goods were being dumped in the country creating an uneven playing field for local products in terms of price.

"This dumping happens either in the form of importation of goods whose "sale-by" date is imminent and thus the shelf life of the goods are about to expire, or the importation of goods at below production cost as the exporters enjoy export rebates in the country of origin.

"Locally manufactured goods are unable to compete with these "dumped" goods as they will be available on very low prices."

Mr Norupiri said. He also said a further consequence of this practice is the widening of the country's trade deficit.

"The Government should capacitate Ministry of Health department of Port health in order to minimise substandard or expired products.

"We recommend policies which allow goods which cannot be manufactured by local companies to be imported," he said.
- bh24
Tags: ZNCC,

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