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

  • 📰 allafrica
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 99%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines