Home News Vibrant Local Production Vital For Import Bill Reduction Says, President Mnangagwa

Vibrant Local Production Vital For Import Bill Reduction Says, President Mnangagwa

116
0

By Priscilla Makondo

The local manufacturing sector has been urged to take advantage of a number of initiatives that have been introduced by the government to reduce import dependency and boost local production to save the much needed foreign currency and make life more comfortable for consumers.

Speaking at the Buy Zimbabwe Awards, President Emerson Mnangagwa said the government was putting in place additional measures to assist companies to operate at peak levels.

Subscribe For Latest Updates

Sign up to get the latest GreatDyke news updates

Invalid email address
We promise not to spam you. You can unsubscribe at any time.

Buy Zimbabwe Chairman Mr Munyaradzi Hwengwere urged Zimbabweans to promote and buy locally produced goods to enhance job creation and financial independence.

In 2020 local manufacturers’ capacity utilization rose by 10 percent to 47 percent despite the challenges posed by the Covid-19 pandemic.

LEAVE A REPLY

Please enter your comment!
Please enter your name here