Revoking privileges to import duty-free raw material

Zimbabwean government calls Schweppes to order

The government of Zimbabwe has called Schweppes to order, revoking the privileges allowing them to import duty-free raw material to use at their Beitbridge Juicing plant. It is understood that the juicing plant had despite being allowed to import duty-free 10,000 tons of oranges and 5,000 tons of oranges been selling the by-products exclusively in foreign currency against the dictates of the initial agreement with the government.

Secretary for Finance and Economic Development, Mr George Guvamatanga yesterday wrote to the company's managing director, Mr Charles Msipa informing him about the government's reservations with their actions. He said on July 1, 2022, the government provided a once-off suspension of duty facility to the company to import 10,000 tons of oranges and 5,000 tons of grapefruits.

Mr Guvamatanga said the move was meant to augment local supplies, thereby minimising supply disruptions, as well as guaranteeing affordable prices to the general public.

Source: herald.co.zw


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