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The American Empire in a Changing World



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Monday, August 15, 2011

'Import restrictions to hit Zimbabwe's economy'

from businesslive........


"Import restrictions and an increase in the import duty on finished and processed goods are likely to hit Zimbabwe's economy while economic analysts fear that this could also lead to shortages of basic goods and commodities in shops as Zimbabwe's industry and manufacturing sector do not have the capacity to meet rising demand"


"Statistics at hand indicate that goods and products produced outside Zimbabwe constitute more than 40% of stock in shops and retail outlets. Cheap Chinese imports account for about half of the foreign goods and products in Zimbabwean shops, although there have been complaints about the quality of Chinese manufactured goods".........READ MORE

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