AUTHORITIES need to do more to protect local businesses and to make them more competitive, captains of industry and commerce say.
Speaking to The Financial Gazette this week — after the government reimposed customs duty on 12 basic commodities — the business leaders cheered the move, adding that this would help to lift the country’s ailing economy.
They said the policy step would boost both local manufacturers and retailers, while also bolstering the government’s coffers and aiding the creation of much-needed jobs.
The president of the Confederation of Zimbabwe Industries (CZI), Kurai Matsheza, said it was very important that the government encouraged more local production, which would “help the economy to grow and the country to feed itself”.
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