HON. N. M. NDLOVU: Thank you Mr. Speaker Sir. Our intention is clear. It is to protect the local industry but more importantly to protect our people. We have inadvertently become a dumping site. When you go around our country and you see vehicles that are broken down or are beyond any use, it is because we were allowing vehicles to come here without any restrictions. Our programme, I was shy of mentioning some of the programmes that we are coming up with because we are nearing finalising them and having formal announcements on.
We will be able in the short-term to have a local assembly of private cars that will be in the range of between USD10 and USD18 000, with the finance institutions coming on board to allow for payment terms. We believe that this offers our consumers whom we think cannot afford better payment terms than the raw deal that we are getting. More importantly, we are bringing jobs back home. We are expanding especially on the value chains, where some of the components will progressively be localised. That is why we think that it is very important that we restrict the vehicles that are coming into the country and ten years is still very concessional and as we move forward, we will be considering even reducing theirs.
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