Local firms hail gazetting of SI89

08 Apr, 2021 - 10:04 0 Views

H-Metro

Mathew Masinge, H-Metro Reporter

LOCAL companies have hailed the gazetting of Statutory Instrument 89 of 2021 allowing local businesspeople to import sugar and cement under their own licences.

A campaign promoting the use of local goods and services, Buy Zimbabwe, feels the Open General Import Licence (OGIL) Statutory Instrument SI89 of 2021, which was gazetted on April 2, was a step in the right direction.

 

In a statement, Buy Zimbabwe marketing and communications officer, Runyararo Muronda applauded the new setup.

 

“The introduction of SI89 will not only bene t the companies in these industries, but will also benefit companies in the respective value chains thereby supporting the local content strategy, which has been adopted by the Government in line with the National Development Strategy 1 (NDS1).

 

“The statutory instrument was gazetted at a time when cement and sugar companies have ramped up production and created more than adequate capacity to meet local demand and even export requirements,” said Muronda.

 

Muronda said importers will now get certified through the Ministry of Industry and Commerce.

 

“As Buy Zimbabwe we applaud this move by Government, which is aimed at promoting the produce local and buy local campaign.

 

“Under the new regulations importers are now required to get import licenses from the Ministry of Industry and Commerce for the two commodities,” she said.

 

Buy Zimbabwe also said they will remain committed to advocating the consumption of locally-produced goods to reduce dependence on imports.

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