Schweppes penalized for selling products in US dollars

Zimbabwean government revokes duty waiver on orange imports

The government of Zimbabwe has moved to revoke duty suspension for Schweppes-owned Beitbridge Juicing Company (BJC) following strict demands for payments in US dollars for its products despite enjoying free imports of oranges and grapes. The step comes at a time the government is grappling to contain double standards by companies, which are in the habit of demanding a cost free operating environment while reaping the most through exorbitant prices.

On the back of such massive profiteering, trade unions claim that despite demanding foreign currency when selling goods and services, the same companies are very reluctant to award corresponding salary increases.

The revoking of the import duty comes in the wake of some companies moving to demand US dollars beginning this week, arguing that their suppliers are pressing this.

Source: allafrica.com


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