Extending Car Imports 10 Years After “Ban” Is All About The Money


So … yesterday the Ministry of Commerce and the Zimbabwe Revenue Authority (ZIMRA) issued a joint statement which extended the grace period for the import ban on used cars 10 years or older until June 30, 2021. This is not too surprising since the reasons for the ban did not make any noise of sense.

Here’s a quick look at how this decision by ZIMRA and the Ministry of Industry and Trade is all about the money and nothing else. And if things don’t improve in terms of cash flow for ZIMRA and the government, we may see the ban on used cars 10 years or older lifted in the future.

You can read or download the podcast with the link below (File size: 5.75 MB).

NB: Techzim is now zero-rated for textual content. However, for videos and embedded media like podcasts, you will need data.

You should also check

SI 127 has been talked about and for good reason. The statutory instrument will increase the prices in ZWL $ notably because everyone will juxtapose the “official rate” with the parallel market rate.

SI 127 to Raise ZWL $ Prices and Encourage Black Market Conversions

Jabu Returns is now Zim’s first exclusive drama series on WhatsApp. We had the chance to speak to the production PR manager to find out all about what we have in store.

Zim’s first exclusive WhatsApp drama will be like a family group chat

Zimswitch became even more the focal point of the national payments system after assuming the role of nation switch. But why is the company prioritizing USD payments over local currency payments in the age of e-commerce?

Zimswitch needs to strike a balance between ZWL and USD e-commerce

Recommended reading on the subject:


Fast NetOne, Econet and Telecel airtime recharge


Source link

Previous Inghams operational efficiency saves the day
Next Farms in southern Idaho, you can choose your own delicious fruits