Zimbabwe: Cabinet Decision to Allow Cheaper Cement Imports Hits Local Market

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Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

THE decision by the Cabinet to allow cheaper cement imports is likely to trigger chaos among local producers who will suffer significant sales declines.

The directive was issued this week during the routine Cabinet briefing meetings after consideration of higher prices and critical shortages which the authorities described as"artificial".

The policy measure flies in the face of local cement manufacturers who for long have bemoaned the negative impact posed by cheaper imports on the local market. Such market trends have in turn left the government with very limited options except to allow free importation which will have negative impacts on local producers.

 

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Brasil Últimas Notícias, Brasil Manchetes