RETAIL SECTOR OPTIMISTIC OF GROWTH IN 2019
Written by carol phiri on December 11, 2018
The Confederation of Zimbabwe Retailers, CZR says the suspension of Statutory Instrument 122 has not put any pressure on local manufacturers, as feared by some when it was lifted.
In an interview with the media CZR president Denford Mutashu had this to say:
Mr. Mutashu also said the retail sector remains optimistic of growth despite the economic pressure. He also said the government should continue to address the issue of packaging to ensure production costs do not increase, and prices do not go up.
Government indefinitely suspended Statutory Instrument 122 of 2017 to allow individuals and entities with free funds to be able to import certain products.