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Article: ZIMBABWE-ECONOMY: INDUSTRY ANXIOUSLY AWAITS NEW TARIFFS
- Article from:
- Inter Press Service English News Wire
- Article date:
- January 14, 1997
- Author:
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Lewis Machipisa
Inter Press Service English News Wire
01-14-1997
HARARE, Jan. 14 (IPS) -- Zimbabwe's manufacturing sector has
been caught in a catch 22-situation since the government took the
bitter antidote of economic reforms.
Opening up the economy through trade liberalization brought a
flood of cheap imports into the country, which led to the sector
crying for tariffs. But economists warn that this could prove
disastrous too.
Next month, industry will know its fate when the government
reveals new tariffs, which were approved by the Cabinet in late
December.
The new tariff structure has taken long to finalize, because of
several consultations between the government and different economic
...