Industry and Commerce Minister Nqobizitha Mangaliso Ndlovu was quoted by the Herald newspaper today as saying that government wants to create an export-oriented motor industry to help revive the economy.
“In terms of standards, we need pre-inspection of pre-owned vehicles. We are seriously considering introduction of inspection in the first quarter of 2019 to see if they meet minimum local standards,” he said.
Zimbabwe has witnessed an influx of imports of second-hand motor vehicles in the past few years as local manufacturers are struggling to survive and also charge exorbitant prices for their vehicles.
The influx of the imports is, however, draining scarce foreign currency from the country, hence the government’s move last week to introduce duty in foreign currency on imported non-commercial vehicles.
Motor Industry Association of Zimbabwe president Simpilisio Shamba said the payment of customs duty in foreign currency will help screen second-hand vehicles and promote local assemblers.
“The onus is now on local manufacturers to be able to choose models that are needed by ministries. We don’t want to waste foreign currency by bringing in models that will come and work for a few months and be parked,” he said.-Xinhua
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This post was last modified on November 30, 2018 2:50 pm
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