Browsing: Zimbabwe import regulations

Zimbabwe has relaxed regulations barring the importation of basic commodities to avert a shortage of goods. www.theexchange.africa
  • Zimbabwe has relaxed regulations barring importation of basic commodities to avert shortage of goods ahead of elections.
  • The move not only bolsters the domestic market but also improves Zimbabwe’s exports with SADC and China.
  • In March, South Africa emerged as Harare’s primary source of imports, contributing 37.6 percent of the total. China, Singapore, India, and Zambia followed accounting for 19.2 percent, 16.7 percent, 3.7 percent, and 3 percent respectively.

In a strategic move aiming to avert looming drought of essential goods ahead of 23 August 2023 elections, authorities in Harare have rolled out bold steps, relaxing rules that are choking the flow of Zimbabwe imports. The strategy further aims at countering escalating prices and ensuring smooth flow and access of essential goods in the country.

Minister of Finance and Economic Development, Mthuli Ncube, has announced the complete elimination of import restrictions on basic goods. The initiative will be complemented …