Zimbabwe Fertilizer Producers On The Brink Of Collapse Due To Duty Free Fertilizer Imports

Companies that produce fertilizer in Zimbabwe are facing total collapse due to government authorised duty-free fertilizer imports, The Herald reports.

According to the fertiliser industry spokesperson Mr Misheck Kachere, the fertiliser industry is struggling as they continue to produce but uptake is low due to imports:

Fifty percent of fertilisers in this country are imported duty-free and this has affected local production. The local fertiliser industry is operating at 25 percent capacity utilisation.

Analysts have called for the protection of the local industry against imports to ensure economic growth.

More: The Herald

Join WhatsApp & Telegram News Groups:

WhatsApp Group: https://chat.whatsapp.com/BfSIgXzFrX81Ht5SFN2Yyu

Telegram Group:

Back to top

Write a Comment

Your email address will not be published.

Share Full Post

Nyaradzo logo

RSS Recent Profiles Created