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Zimbabwe unveils new trade tariff policy
['Staff Reporter']
Bulawayo24 News
But tariff policy must also shield strategic local industries to support sustainable growth," Mashava said.Beyond economics, the NTTP integrates social and environmental goals, including food security, gender equality, poverty reduction, and climate adaptation.
"Tariff adjustments have not been implemented timeously, since they usually come through the MidTerm Fiscal Policy Review or the National Budget.
This has created delays and distortions," she noted.If successful, the NTTP will provide Zimbabwe with the consistent and transparent tariff regime long demanded by investors, while guiding trade negotiations, safeguarding consumer welfare, and enabling local industries to thrive.
"The National Trade Tariff Policy is not just about rates and duties," Mashava concluded.
"It is about shaping the future of Zimbabwe's industrialisation and ensuring our industries are competitive in the region and the world."