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.

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