24 May 2012
 
New Zimbabwe Header
PM draws fire over China delegation size
No vacancy for Zanu PF leader: Gumbo
UN envoy gets Mugabe history lesson
Chitungwiza councillor 'sold 388 stands'
MORE NEWS
Econet secures US$363m loan
Mimosa loses 75,000t ore to mine fire
MORE BUSINESS
'Unpatriotic' Roki gets axe warning
Roki and Maneta: how 'stuff hit the fan'
MORE SHOWBIZ
H'landers stretch lead as Dynamos held
Frimpong joins great trek to Harare
MORE SPORTS
Why Zuma's Spear should stay up
Zuma painting an attack on blacks
MORE OPINION
 
Facebook: reward for innovation
MORE COLUMNISTS
 

Goche shelves car import ban

04/10/2011 00:00:00
by Staff Reporter
 
U-turn ... Nicholas Goche
 
RELATED STORIES
The true cost of Zimbabwe's roadblocks
Taking a toll on road users
Vehicle imports: Goche statement this week
Goche to scrap car import ban
32pc jump in vehicle imports
Tollgates to go electronic
Harare-Beitbridge road tender awarded

TRANSPORT Minister Nicholas Goche has announced he is indefinitely suspending a proposed ban on the importation of second hand vehicles, as exclusively revealed on New Zimbabwe.com last week.

Goche’s announcement on Tuesday ends months of uncertainty caused by the regulations which were set to take effect early next month.

The minister said last night: “We have been persuaded to suspend this aspect of the Statutory Instrument. So the proposed ban on the importation of vehicles that are five years old and above has been suspended.

"The ban on the importation of left hand vehicles will remain, but we have made a concession that those vehicles already in the country will remain on the roads."

The government had said the ban on second hand car imports was aimed at protecting the environment and ensuring only roadworthy vehicles were on the roads.

But Goche admitted on Tuesday that banning the second had vehicle imports while the country’s car manufacturing industry is virtually dead and the economy in the doldrums would be unjustifiable.

The ban will stay until the economy improves, he added.

"We thought the motor industry would have improved [when policy was unveiled in 2009] as well and producing more vehicles, but we realised that improvement has been slight," Goche said.

"We had also hoped that banks and other financial institutions would make money available for capitalisation because there is still a liquidity crunch -- industry, commerce and individuals don't have the money.”

Thousands of Zimbabweans had raced to beat the ban, and the rush was earning the cash-strapped government nearly US$15 million monthly in import duty fees since the start of the year.



Advertisement


 
Email this to a friend Printable Version Discuss This Story
 
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark
 
 
 
 
 
RSS NewsTicker